3 Bedroom House for sale at Ranee Siri Cluster 4

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Chorakhe Bua, Lat Phrao,Bangkok
Unit ID: U1150510
6% Rental Yield
฿6,900,000
3 Bedrooms
3 Bathrooms
140 SqM Indoor Area
2 Storeys
Sep 2016 Completed

About This House

This property is a 140 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Ranee Siri Cluster 4 project in Chorakhe Bua, Bangkok and was completed in Sep 2016. You can buy this house for a base price of ฿6,900,000 (฿49,286/SqM) and it is also available for long term rentals starting from ฿32,000 per month.

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type House (Single Detached)
Storeys 2
Location Lat Phrao, Bangkok
Bedrooms 3
Nearest Landmark Royal Forest Department BTS -1.6 Km
Indoor Area 140 SqM
Price per SqM ฿49,286
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 160 SqM
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 Chanote
Construction Completed (Sep 2016)
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 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.
฿32,000/mo
Listed By
Private Owner
Date Listed Sep 12, 2022
Last Updated 2 months ago
Unit ID U1150510

Investment Opportunity: Charges & Yield

Sale Price
฿6,900,000
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.
฿32,000/mo
Rent
฿32,000/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.
18
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.
6%

Project Details

Project Name: Ranee Siri Cluster 4
Developer: N/A
Construction: Completed (Sep 2016)
Units: 1
Project Area: N/A
Nearest Landmark Royal Forest Department BTS - 1.6 Km
Location: Lat Phrao, Bangkok
Ranee Siri Cluster 4 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Ranee Siri Cluster 4

For Sale 1 For Rent 1

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Ranee Siri Cluster 4 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Royal Forest Department BTS is the nearest BTS Station from Ranee Siri Cluster 4 and it is 1.6 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 Ranee Siri Cluster 4 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

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Bangkok
Chorakhe Bua

Neighborhood Overview

Location and Neighborhood

Street View

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