3 Bedroom House for sale at Baan Lat Phrao 1

 (Write Review)
Khlong Chan, Bang Kapi,Bangkok
Unit ID: U1622032
4% Rental Yield
3 Bedrooms
3 Bathrooms
2,519 Sqft Indoor Area
2 Storeys
Completed

About This House

This property is a 2,519 Sqft house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Khlong Chan, Bangkok. You can buy this house for a base price of ₿4.234 (₿0.002/Sqft) and it is also available for long term rentals starting from ₿0.015 per month.

Features

TerraceTerrace OvenOven

Basic Information

Date Listed Jun 21, 2023
Updated 3 weeks ago
Property Type House (Single Detached)
Storeys 2
Location Khlong Chan, Bangkok
Bedrooms 3
Nearest Landmark The Mall Bangkapi
Indoor Area 2,519 Sqft
Price per Sqft ₿0.002
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
3,315 Sqft
Plot Size 3,315 Sqft
Pets Cats and Dogs (small only)
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
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) Garden View, 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.
₿0.001/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1622032

Investment Opportunity: Charges & Yield

Sale Price
₿4.234
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.
₿0.001/mo
Rent
₿0.015/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.
23
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: Baan Lat Phrao 1
Developer: N/A
Construction: Completed (Jan 2003)
Units: 211
Project Area: N/A
Nearest Landmark The Mall Bangkapi
Location: Khlong Chan, Bangkok
Baan Lat Phrao 1 Project Details

Project Features

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

Available Units at Baan Lat Phrao 1

For Sale 1 For Rent 1
Get notified when new homes are being added to Baan Lat Phrao 1
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Baan Lat Phrao 1.
The Mall Bangkapi is the nearest Shopping Mall from Baan Lat Phrao 1 and it is 0 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 Baan Lat Phrao 1 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

Reviews

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Bangkok
Khlong Chan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Lat Phrao 1

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₿0.759 - ₿0.933
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Location
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Number of units
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Sales Prices
₿2.843
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N/A
Year Built
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Location
Khlong Chan, Bang Kapi, Bangkok
Number of units
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Sales Prices
₿0.458 - ₿0.569
Monthly Rentals
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Year Built
Jan 2002
Completion Status
Completed
Location
Khlong Chan, Bang Kapi, Bangkok
Number of units
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Sales Prices
₿0.367 - ₿0.882
Monthly Rentals
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Year Built
Jan 2003
Completion Status
Completed
Location
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Sales Prices
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▼ -6.2% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
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