3 Bedroom Townhouse for sale at Gusto Donmueang - Songprapa

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Si Kan, Don Mueang,Bangkok
Unit ID: U218673
6% Rental Yield
฿3,550,000 ฿3,590,000 Great Price
3 Bedrooms
2 Bathrooms
108 SqM Indoor Area
2 Storeys
Sep 2018 Completed

About This Townhouse

This property is a 108 SqM townhouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Gusto Donmueang - Songprapa project in Si Kan, Bangkok and was completed in Sep 2018. You can buy this townhouse for a base price of ฿3,550,000 (฿32,870/SqM) and it is also available for long term rentals starting from ฿18,000 per month.

Features

TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Washing MachineWashing Machine TVTV

Basic Information

Property Type Townhouse
Storeys 2
Location Don Mueang, Bangkok
Bedrooms 3
Nearest Landmark Don Mueang Airport -7.9 Km
Indoor Area 108 SqM
Price per SqM ฿32,870
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 108 SqM
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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 2018)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Unblocked Open 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
Date Listed Oct 16, 2019
Last Updated 2 years ago
Unit ID U218673

Price Analysis

Good Price
Estimated market value ฿3,596,602
Great
฿1,980,000
Good
Fair
Above
฿5,110,000
Current asking Price: ฿3,550,000 | Advertised rental rate: ฿18,000/mo
This townhouse is ฿46,602 BELOW MARKET (-1%) in the Bangkok area. It is analyzed against similar townhouses 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
฿3,550,000
Rent
฿18,000/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.
16
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

Developer: Q Houses
Construction: Completed (Sep 2018)
Units: 385
Project Area: N/A
Nearest Landmark Don Mueang Airport - 7.9 Km
Location: Don Mueang, Bangkok
Gusto Donmueang - Songprapa Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Available Units at Gusto Donmueang - Songprapa

For Sale 1 For Rent 1

Loan Calculator

Frequently Asked Questions

No pets are allowed at Gusto Donmueang - Songprapa unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Don Mueang Airport is the nearest Airport from Gusto Donmueang - Songprapa and it is 7.9 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 Gusto Donmueang - Songprapa 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
Si Kan

Neighborhood Overview

Location and Neighborhood

Street View

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Location
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