3 Bedroom Townhouse for sale at Patio Rama 9 - Pattanakarn

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Suan Luang, Suan Luang,Bangkok
Unit ID: U975272
5% Rental Yield
฿9,200,000 Great Price
3 Bedrooms
3 Bathrooms
200 SqM Indoor Area
3 Storeys
Dec 2018 Completed

About This Townhouse

This property is a 200 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Patio Rama 9 - Pattanakarn project in Suan Luang, Bangkok and was completed in Dec 2018. You can buy this townhouse for a base price of ฿9,200,000 (฿46,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Townhouse
Storeys 3
Location Suan Luang, Bangkok
Bedrooms 3
Nearest Landmark Angkarn Kalayanaponge Museum Of Art -2.1 Km
Indoor Area 200 SqM
Price per SqM ฿46,000
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 120 SqM
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 (Dec 2018)
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View
Unit Type N/A
Parking Spots N/A
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.
฿1,200/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Jun 9, 2021
Last Updated 1 year ago
Unit ID U975272

Price Analysis

Great Price
Estimated market value ฿10,955,524
Great
฿8,030,000
Good
Fair
Above
฿14,700,000
Current asking Price: ฿9,200,000 | Rental estimate: ฿36,200/mo
This townhouse is ฿1,755,524 BELOW MARKET (-16%) 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
฿9,200,000
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.
฿1,200/mo
Est. Rent
฿36,200/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.
21
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 Patio Rama 9 - Pattanakarn, and the current sales price.
5%

Project Details

Developer: Pruksa Real Estate
Construction: Completed (Dec 2018)
Units: 74
Project Area: N/A
Nearest Landmark Angkarn Kalayanaponge Museum Of Art - 2.1 Km
Location: Suan Luang, Bangkok
Patio Rama 9 - Pattanakarn Project Details

Project Features

Communal Pool Communal Pool
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Patio Rama 9 - Pattanakarn

For Sale 1 For Rent 1
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Available: Aug 1, 2023 Available Units at Patio Rama 9 - Pattanakarn
-
Beds 3 Beds
Baths 3 Baths
Size 195 SqM Size
Plot Size 76 SqM Plot Size
Fully Furnished City View
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Available Units at Patio Rama 9 - Pattanakarn
฿46,000
Great Price
Beds 3 Beds
Baths 3 Baths
Size 200 SqM Size
Plot Size 120 SqM Plot Size
Partly Furnished City View
Get notified when new homes are being added to Patio Rama 9 - Pattanakarn

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Frequently Asked Questions

The common area maintenance fee is ฿10 per square meter based on the plot size of the property and is ฿1,200 for this townhouse. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Angkarn Kalayanaponge Museum Of Art is the nearest Tourist Attraction from Patio Rama 9 - Pattanakarn and it is 2.1 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 Patio Rama 9 - Pattanakarn 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
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Patio Rama 9 - Pattanakarn

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
฿11.4M
Monthly Rentals
฿38.3K - ฿70.5K
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Completion Status
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
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฿21.7M - ฿23.2M
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Year Built
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Completion Status
Completed
Location
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Number of units
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฿16.6M - ฿19M
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
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฿45.3K - ฿60.4K
Year Built
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
456
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฿3.88M
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Monthly Rentals
฿22.2K - ฿24.7K
Year Built
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
179
Sales Prices
฿18.1M - ฿30.1M
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Monthly Rentals
฿80.6K - ฿151K
Year Built
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
฿68.5M - ฿186M
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Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
฿30.1M - ฿48.2M
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Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Project Name
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
470
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฿4.23M - ฿5.79M
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Completion Status
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