Unit ID: U1636880
8% Rental Yield
O Ngoen, Sai Mai,Bangkok
฿4,200,000
3 Bedrooms
3
Bathrooms
232 SqM
Indoor Area
2
Storeys
Completed

About This House

This property is a 232 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in O Ngoen, Bangkok. You can buy this house for a base price of ฿4,200,000 (฿18,103/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jul 17, 2023
Updated 1 year ago
Property Type House (Single Detached)
Storeys 2
Location O Ngoen, Bangkok
Bedrooms 3
Nearest Landmark Safari World -4.2 Km
Indoor Area 232 SqM
Price per SqM ฿18,103
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 N/A
Pets All Kind of Pets Allowed
House Ownership

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

Thai Ownership
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
Furniture
Unfurnished
View(s) Garden View
Unit Type N/A
Parking Spots 2
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 U1636880

Investment Opportunity: Charges & Yield

Sale Price
฿4,200,000
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.
12
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 houses at Passorn 19 Watcharpol-Wongwaen, and the current sales price.
8%

Project Details

Developer: N/A
Construction: Completed
Units: 2
Project Area: N/A
Nearest Landmark Safari World - 4.2 Km
Location: O Ngoen, Bangkok
Passorn 19 Watcharpol-Wongwaen Project Details

Project Features

Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Key card access Key card access

Available Units at Passorn 19 Watcharpol-Wongwaen

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Frequently Asked Questions

All kind of pets are allowed at Passorn 19 Watcharpol-Wongwaen including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Safari World is the nearest Tourist Attraction from Passorn 19 Watcharpol-Wongwaen and it is 4.2 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 Passorn 19 Watcharpol-Wongwaen you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


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

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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Passorn 19 Watcharpol-Wongwaen

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
Location
O Ngoen, Sai Mai, Bangkok
Number of units
231
Sales Prices
฿6.5M - ฿18M
Monthly Rentals
฿80K
Year Built
Jan 2013
Completion Status
Completed
Location
O Ngoen, Sai Mai, Bangkok
Number of units
231
Sales Prices
฿6.5M
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
O Ngoen, Sai Mai, Bangkok
Number of units
127
Sales Prices
฿12.1M - ฿20.2M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
O Ngoen, Sai Mai, Bangkok
Number of units
291
Sales Prices
฿6.3M - ฿10.5M
Monthly Rentals
฿40K
Year Built
Jan 2017
Completion Status
Completed
Location
Sam Wa Tawan Tok, Sai Mai, Bangkok
Number of units
398
Sales Prices
฿5.95M
Monthly Rentals
฿40K
Year Built
N/A
Completion Status
Completed
Location
O Ngoen, Sai Mai, Bangkok
Number of units
308
Sales Prices
฿5.65M
Monthly Rentals
N/A
Year Built
Nov 2018
Completion Status
Completed
Location
O Ngoen, Sai Mai, Bangkok
Number of units
266
Sales Prices
฿7.2M - ฿10.5M
Monthly Rentals
฿25K
Year Built
Jan 2018
Completion Status
Completed
Project Name
Baan Wirawan 1
Location
O Ngoen, Sai Mai, Bangkok
Number of units
55
Sales Prices
฿2.55M
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
O Ngoen, Sai Mai, Bangkok
Number of units
407
Sales Prices
฿5.98M - ฿11.3M
Monthly Rentals
฿42K - ฿50K
Year Built
Jan 2019
Completion Status
Completed
Location
O Ngoen, Sai Mai, Bangkok
Number of units
886
Sales Prices
฿8.9M - ฿24.5M
▲ 23% overpriced
Monthly Rentals
฿49K - ฿95K
Year Built
Jan 2019
Completion Status
Completed
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