3 Bedroom House for sale at Atoll Maldives Palms

 (Write Review)
Bang Kaeo, Bang Phli,Samut Prakan
Unit ID: U1953765
6% Rental Yield
3 Bedrooms
1.5 Bathrooms
126 SqM Indoor Area
2 Storeys
Completed

About This House

This property is a 126 SqM house with 3 bedrooms and 1.5 bathroom that is available for sale. It is part of the project in Bang Kaeo, Samut Prakan. You can buy this house for a base price of £121,000 (£959/SqM) and it is also available for long term rentals starting from £617 per month.

HOUSE FOR SALE/RENT - Maldives Palm (Bangna-Wongwaen Road)

Type : Twin house as single house style/ size 35 sqw./ usable 126 sqm./ 3 bedrooms/ 2 bathrooms / 1-2 car park * detail for sale * Sale price : 5.29 million , Tax Fee 50/50     /a>

Features

TerraceTerrace Covered ParkingCovered Parking Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Oct 22, 2024
Updated 1 week ago
Property Type House
Storeys 2
Location Bang Kaeo, Samut Prakan
Bedrooms 3
Nearest Landmark Suvarnabhumi MRT -8.5 Km
Indoor Area 126 SqM
Price per SqM £959
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
140 SqM
Plot Size N/A
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 N/A
Construction Completed
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) N/A
Unit Type N/A
Parking Spots 1
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 U1953765

Investment Opportunity: Charges & Yield

Sale Price
£121,000
Rent
£617/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

Project Name: Atoll Maldives Palms
Developer: Ananda Development
Construction: Completed (Dec 2012)
Units: 493
Project Area: 128,000 SqM
Nearest Landmark Suvarnabhumi MRT - 8.5 Km
Location: Bang Kaeo, Samut Prakan
Atoll Maldives Palms Project Details

Project Features

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

Available Units at Atoll Maldives Palms

For Sale 3 For Rent 3
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Frequently Asked Questions

All kind of pets are allowed at Atoll Maldives Palms including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Suvarnabhumi MRT is the nearest MRT Station from Atoll Maldives Palms and it is 8.5 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.

 

Read more here

After you have found the right property at Atoll Maldives Palms 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

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Samut Prakan
Bang Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

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