5 Bedroom House for sale at 649 Residence

(1 Review)

Khlong Tan Nuea, Watthana,Bangkok

Unit ID: U1643474

4% Rental Yield

5 Bedrooms

6 Bathrooms

550 SqM Indoor Area

6 Storeys

Jan 2016 Completed

(1 Review)

Sale Price

฿130,000,000

About This House

This property is a 550 SqM house with 5 bedrooms and 6 bathrooms that is available for sale. It is part of the 649 Residence project in Khlong Tan Nuea, Bangkok and was completed in Jan 2016. You can buy this house for a base price of ฿130,000,000 (฿236,364/SqM) and it is also available for long term rentals starting from ฿400,000 per month.

The pursuit of a location with the most potential in the heart of Sukhumvit has resulted in an exceptional living masterpiece, reserved for the privileged few. 649 Residence is thoughtfully conceived and crafted to perfection in every detail, in both design and function. Discover a pure expression of the modern lifestyle graced by luxury and offered exclusive freehold land on Sukhumvit 49/6 in a limited collection to six owners only.

Features

Private Pool

Private Garden

Terrace

Covered Parking

Balcony

Full Western Kitchen

Microwave

Oven

Basic Information

Date Listed Aug 22, 2023

Updated 2 months ago

Property Type House (Single Detached)

Storeys 6

Location Khlong Tan Nuea, Bangkok

Bedrooms 5

Nearest Landmark Phrom Phong BTS -1.7 Km

Indoor Area 550 SqM

Price per SqM ฿236,364

Outdoor Area

N/A

Plot Size N/A

Pets All Kind of Pets Allowed

House Ownership

Thai Ownership

Land Ownership

Thai Ownership

Land Title Deed Chanote

Construction Completed (Jan 2016)

Furniture

Partly Furnished

View(s) Pool View, Garden View

Unit Type N/A

Parking Spots 3

Pool Size XX

CAM Fee

฿112,750/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U1643474

Investment Opportunity: Charges & Yield

Sale Price

฿130,000,000

CAM Fee

฿112,750/mo

Rent

฿400,000/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: 649 Residence

Developer: Pannaphat Development Co.,Ltd.

Construction: Completed (Feb 2020)

Units: 6

Project Area: 864 SqM

Nearest Landmark Phrom Phong BTS - 1.7 Km

Location: Khlong Tan Nuea, Bangkok

649 Residence Project Details

Project Features

Communal Pool

24H Security

CCTV (Video Surveillance)

BBQ Area

Back Up Generators

Key card access

Available Units at 649 Residence

For Sale 2 For Rent 1

All
5 Beds
8 Beds

Partly Furnished Pool View

Get notified when new homes are being added to 649 Residence

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Frequently Asked Questions

All kind of pets are allowed at 649 Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

The common area maintenance fee is ฿205 per square meter based on the size of indoor area of the property and is ฿112,750 for this house. 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.

Phrom Phong BTS is the nearest BTS Station from 649 Residence and it is 1.7 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 649 Residence 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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Reviews

4.5 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

My dream townhome

Jason Muller, Germany, 4 years ago

This project is obviously my dream townhome. I haven't owned it yet, but I dream that this house must be mine in the future! I am interested in a four and a half story unit with a spacious living area. Plus, there are all the most up-to-date home amenities such as a personal elevator and home automation that you can turn on and off the light via smartphone. There is also a private pool to soak up. I can imagine how happy I will be from staying here. However, the house does not come with a complete set of furniture, only some built-in furniture. You have to add it by yourself, but it's worth the money anyways. More importantly, this place is situated in the center of the city, which is easy to get around as it is not far from famous department stores such as the Em District, the head offices, and many restaurants. Unfortunately, there are only six units here, so I have to hurry.

Bangkok

Khlong Tan Nuea