Unit ID: U1374412
7% Rental Yield
Chantharakasem, Chatuchak,Bangkok
$651,000
3 Bedrooms
4
Bathrooms
4,306 Sqft
Indoor Area
4
Storeys
Jun 2021
Completed

About This Townhouse

This property is a 4,306 Sqft townhouse with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the LUXE 35 Ratchada-Ladprao project in Chantharakasem, Bangkok and was completed in Jun 2021. You can buy this townhouse for a base price of $651,000 ($151/Sqft).

Features

Private GymPrivate Gym TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Feb 3, 2023
Updated 1 year ago
Property Type Townhouse
Storeys 4
Location Chantharakasem, Bangkok
Bedrooms 3
Nearest Landmark Lat Phrao MRT -1 Km
Indoor Area 4,306 Sqft
Price per Sqft $151
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 1,550 Sqft
Pets Cats and Dogs (all sizes)
Townhouse Ownership

Foreign nationals can own the building (townhouse) in their own name but not the land that it stands on.

N/A
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

N/A
Land Title Deed N/A
Construction Completed (Jun 2021)
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) City View
Unit Type N/A
Parking Spots 4
Pool Size N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1374412

Investment Opportunity: Charges & Yield

Sale Price
$651,000
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
15
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 3 bedroom townhouses at LUXE 35 Ratchada-Ladprao, and the current sales price.
7%

Project Details

Project Name: LUXE 35 Ratchada-Ladprao
Construction: Completed (Jun 2021)
Units: 6
Project Area: 17,222 Sqft
Nearest Landmark Lat Phrao MRT - 1 Km
Location: Chantharakasem, Bangkok
LUXE 35 Ratchada-Ladprao Project Details

Available Units at LUXE 35 Ratchada-Ladprao

For Sale 6 For Rent 1
Get notified when new homes are being added to LUXE 35 Ratchada-Ladprao
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Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at LUXE 35 Ratchada-Ladprao.
Lat Phrao MRT is the nearest MRT Station from LUXE 35 Ratchada-Ladprao and it is 1 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at LUXE 35 Ratchada-Ladprao you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
$2,720
1st Installment
Upon contract signing
$13,600
2nd Installment
Down Payment
$27,200
3rd Installment
On handover
100%


Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

 

Read more here

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice place to live.
Jakrit O., Thailand, 2 years ago
A brand new four-story house that has been thoughtfully designed for living space. There are three bedrooms, a kitchen with both Thai and western kitchens, a living room, a maid's room, a spacious, beautiful living room with a very high hall. Plus, the furniture decoration in the house is well designed and of high quality. The furniture was all luxurious and expensive. Although it is a small house, there is all you need like a garden, parking spaces, and a private elevator. I think it's convenient for living as a family with children or the elderly. As for the location, it is excellent, right in the heart of the city, not far from Lat Phrao MRT, which is perfect.
Bangkok
Chantharakasem

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby LUXE 35 Ratchada-Ladprao

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Ratchada Pavilion
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
195
Sales Prices
$59.92K - $217.91K
▼ -40% underpriced
Monthly Rentals
$953
Year Built
Dec 1993
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
79
Sales Prices
$65.1K
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N/A
Year Built
Jan 2014
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
$15.8K
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$109
Year Built
Jan 1997
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
204
Sales Prices
$69.65K - $110.17K
Monthly Rentals
$261 - $327
Year Built
Aug 2022
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
79
Sales Prices
$65.37K
Monthly Rentals
$185
Year Built
Dec 2019
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
171
Sales Prices
$76K
Monthly Rentals
$327
Year Built
Jan 2020
Completion Status
Completed
Project Name
J. W. Place
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
$40.59K
Monthly Rentals
$104
Year Built
Dec 2004
Completion Status
Completed
Project Name
Ease Ratchada
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
108
Sales Prices
$29.96K - $85.26K
▼ -19% underpriced
Monthly Rentals
$163 - $272
Year Built
Jan 2009
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
378
Sales Prices
$87.16K
Monthly Rentals
$245
Year Built
Jan 2009
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
208
Sales Prices
$95.33K - $128.02K
▼ -22% underpriced
Monthly Rentals
$409 - $490
Year Built
Oct 2021
Completion Status
Completed
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