4 Bedroom House for sale at Mahadthai 1 Garden

 (Write Review)
Phlapphla, Wang Thong Lang,Bangkok
Unit ID: U2005927
4% Rental Yield
4 Bedrooms
5 Bathrooms
580 SqM Indoor Area
2 Storeys
Jan 2025 Completed

About This House

This property is a 580 SqM house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the Mahadthai 1 Garden project in Phlapphla, Bangkok and was completed in Jan 2025. You can buy this house for a base price of ฿17,000,000 (฿29,310/SqM) and it is also available for long term rentals starting from ฿55,000 per month.

Features

Private GardenPrivate Garden Covered ParkingCovered Parking

Basic Information

Date Listed Jan 31, 2025
Updated 9 months ago
Property Type House
Storeys 2
Location Phlapphla, Bangkok
Bedrooms 4
Nearest Landmark: Bang Kapi Market -1.5 Km
Indoor Area 580 SqM
Price per SqM ฿29,310
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
580 SqM
Plot Size 404 SqM
Pets Not 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 in their own name. The options for a foreigner to make use of the land are via a long-term lease or by investing in a Thai company that owns the land.

Thai Ownership
Land Title Deed Chanote
Construction Completed (Jan 2025)
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, Garden View, Sky, Horizon View
Unit Type N/A
Parking Spots 3
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 U2005927

Investment Opportunity: Charges & Yield

Sale Price
฿17,000,000
Rent
฿55,000/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.
26
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.
4%

Project Details

Project Name: Mahadthai 1 Garden
Developer: N/A
Construction: Completed (Aug 1992)
Units: 1
Project Area: N/A
Nearest Landmark: Bang Kapi Market - 1.5 Km
Location: Phlapphla, Bangkok
Mahadthai 1 Garden Project Details

Project Features

CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Key card access Key card access

Available Units at Mahadthai 1 Garden

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Frequently Asked Questions

No pets are allowed at Mahadthai 1 Garden unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Bang Kapi Market is the nearest Market from Mahadthai 1 Garden and it is 1.5 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.

After you have found the right property at Mahadthai 1 Garden you have to follow these steps:

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


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?

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.

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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Mahadthai 1 Garden

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Location
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176
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Year Built
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Completion Status
Completed
Project Name
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60
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Completed
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Completed
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Number of units
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฿9.3M - ฿11M
▼ -42% underpriced
Monthly Rentals
฿45K - ฿55K
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Completed
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Phlapphla, Wang Thong Lang, Bangkok
Number of units
144
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฿1.69M
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฿10K - ฿12K
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Grand Palace
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Phlapphla, Wang Thong Lang, Bangkok
Number of units
N/A
Sales Prices
฿890K
Monthly Rentals
฿13K
Year Built
Jan 1992
Completion Status
Completed
Location
Phlapphla, Wang Thong Lang, Bangkok
Number of units
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Sales Prices
฿1.45M - ฿3.91M
Monthly Rentals
฿10K - ฿12K
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Completion Status
Completed
Location
Phlapphla, Wang Thong Lang, Bangkok
Number of units
504
Sales Prices
฿2.42M - ฿2.79M
▼ -49% underpriced
Monthly Rentals
฿9.5K
Year Built
Dec 2012
Completion Status
Completed
Project Name
Ma Maison Condo
Location
Phlapphla, Wang Thong Lang, Bangkok
Number of units
242
Sales Prices
฿4.4M - ฿85M
▼ -29% underpriced
Monthly Rentals
฿23K
Year Built
Apr 1995
Completion Status
Completed
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