3 Bedroom House for sale at Le Neo 2

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Bang Mueang, Mueang Samut Prakan,Samut Prakan
Unit ID: U1082254
4% Rental Yield
3 Bedrooms
5 Bathrooms
316 SqM Indoor Area
2 Storeys
Jan 2011 Completed

About This House

This property is a 316 SqM house with 3 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Bang Mueang, Samut Prakan and was completed in Jan 2011. You can buy this house for a base price of £324,000 (£1,030/SqM).

House for sale at Le Neo 1 Srinakarin

3 bedroom 5 bathroom 1 maid's room

Features

Private GardenPrivate Garden Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony TVTV

Basic Information

Date Listed Apr 19, 2022
Updated 2 years ago
Property Type House (Single Detached)
Storeys 2
Location Bang Mueang, Samut Prakan
Bedrooms 3
Nearest Landmark Srinagarindra BTS -2.2 Km
Indoor Area 316 SqM
Price per SqM £1,030
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
316 SqM
Plot Size 316 SqM
Pets All Kind of Pets 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. 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 (Jan 2011)
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Garden 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1082254

Investment Opportunity: Charges & Yield

Sale Price
£324,000
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.
27
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 houses at Le Neo 2, and the current sales price.
4%

Project Details

Project Name: Le Neo 2
Developer: N/A
Construction: Completed (Jan 2011)
Units: 76
Project Area: N/A
Nearest Landmark Srinagarindra BTS - 2.2 Km
Location: Bang Mueang, Samut Prakan
Le Neo 2 Project Details

Project Features

Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Communal Garden Area Communal Garden Area

Available Units at Le Neo 2

For Sale 2 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Le Neo 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Srinagarindra BTS is the nearest BTS Station from Le Neo 2 and it is 2.2 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 Le Neo 2 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 Mueang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Le Neo 2

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Bang Mueang, Mueang Samut Prakan, Samut Prakan
Number of units
N/A
Sales Prices
£214K - £251K
Monthly Rentals
£959
Year Built
Feb 2012
Completion Status
Completed
Location
Bang Mueang, Mueang Samut Prakan, Samut Prakan
Number of units
227
Sales Prices
£57.1K - £62.8K
Monthly Rentals
N/A
Year Built
Aug 2017
Completion Status
Completed
Location
Bang Mueang, Mueang Samut Prakan, Samut Prakan
Number of units
N/A
Sales Prices
£114K
Monthly Rentals
N/A
Year Built
Jan 2023
Completion Status
Completed
Location
Bang Mueang, Mueang Samut Prakan, Samut Prakan
Number of units
266
Sales Prices
£50K - £60.5K
▼ -46% underpriced
Monthly Rentals
N/A
Year Built
Mar 2016
Completion Status
Completed
Project Name
Pongsakul 1
Location
Bang Mueang, Mueang Samut Prakan, Samut Prakan
Number of units
75
Sales Prices
£21.7K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Phraeksa, Mueang Samut Prakan, Samut Prakan
Number of units
289
Sales Prices
£114K - £189K
Monthly Rentals
£571 - £913
Year Built
Jun 2018
Completion Status
Completed
Location
Bang Mueang, Mueang Samut Prakan, Samut Prakan
Number of units
1000
Sales Prices
£340K - £454K
Monthly Rentals
£901 - £2.97K
Year Built
Dec 1999
Completion Status
Completed
Project Name
Indy 2 Srinakarin
Location
Phraeksa, Mueang Samut Prakan, Samut Prakan
Number of units
445
Sales Prices
£63.7K - £77.6K
▲ 21% overpriced
Monthly Rentals
£365 - £456
Year Built
Dec 2020
Completion Status
Completed
Project Name
Phanason City
Location
Bang Mueang, Mueang Samut Prakan, Samut Prakan
Number of units
280
Sales Prices
£183K - £1.14M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Phraeksa, Mueang Samut Prakan, Samut Prakan
Number of units
490
Sales Prices
£43.1K
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
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