5 Bedroom House for sale at The Star Estate at Phatthanakarn 69

(1 Review)
Prawet, Prawet,Bangkok
Unit ID: U32870
5% Rental Yield
5 Bedrooms
7 Bathrooms
680 SqM Indoor Area
3 Storeys
Jan 2012 Completed

About This House

This property is a 680 SqM house with 5 bedrooms and 7 bathrooms that is available for sale. It is part of the The Star Estate at Phatthanakarn 69 project in Prawet, Bangkok and was completed in Jan 2012. You can buy this house for a base price of ฿36,500,000 (฿53,676/SqM) and it is also available for long term rentals starting from ฿155,000 per month.

5Bedroom Single House is now available for rent !

3 floor spacious 5 Bedroom 4 parking lot , maid quaters , common area pool, gym , close to highway near suvannabhumi airport 15 mins by driving.

Features

Media Room/CinemaMedia Room/Cinema Private GymPrivate Gym Pool AccessPool Access JacuzziJacuzzi Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters DuplexDuplex BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type House
Storeys 3
Location Prawet, Bangkok
Bedrooms 5
Nearest Landmark Hua Mak ARL -2.7 Km
Indoor Area 680 SqM
Price per SqM ฿53,676
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 320 SqM
Pets Cats and Dogs (small only)
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.

Thai Ownership
Land Title Deed N/A
Construction Completed (Jan 2012)
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, Garden View, Blocked 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 U32870

Price Analysis

Great Price
Estimated market value ฿45,658,310
Great
฿38,000,000
Good
Fair
Above
฿62,300,000
Current asking Price: ฿36,500,000 | Advertised rental rate: ฿155,000/mo
This house is ฿9,158,310 BELOW MARKET (-20%) in the Bangkok area. It is analyzed against similar houses and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿36,500,000
Rent
฿155,000/mo
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.
20
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Developer: N/A
Construction: Completed (Jan 2012)
Units: 57
Project Area: N/A
Nearest Landmark Hua Mak ARL - 2.7 Km
Location: Prawet, Bangkok
The Star Estate at Phatthanakarn 69 Project Details

Project Features

Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Available Units at The Star Estate at Phatthanakarn 69

For Sale 1 For Rent 1
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Frequently Asked Questions

Hua Mak ARL is the nearest Airport Rail Link Station from The Star Estate at Phatthanakarn 69 and it is 2.7 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 The Star Estate at Phatthanakarn 69 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

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

Do you own a property at The Star Estate at Phatthanakarn 69 ?

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Reviews

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A single house in Pattanakarn 69
Malisa Tachanach, Thailand, 8 years ago
I moved to Bangkok and have lived here for 3 years. It was a great single house. If you love the luxurious and simple design, I would highly recommend it because it is beautiful, modern, and elegant. What I love is the luxury clubhouse where I regularly go for services. Besides, the environment here is good and quality. The project management system is excellent as well as the neighbors are cute and friendly. It completes everything needed. Moreover, the project is close to Rama 9 Expressway, which is convenient to go everywhere. To travel by private car is very convenient and many nearby places where we can go for the service, including shops, restaurants, and hospitals. It's considered completed and ideal for living.
Bangkok
Prawet

Neighborhood Overview

Location and Neighborhood

Street View

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