3 Bedroom House for sale at The Park Lane 22

(1 Review)
Khlong Tan Nuea, Watthana,Bangkok
Unit ID: U1016136
4% Rental Yield
3 Bedrooms
5 Bathrooms
450 SqM Indoor Area
Dec 2014 Completed

About This House

This property is a 450 SqM house with 3 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Khlong Tan Nuea, Bangkok and was completed in Dec 2014. You can buy this house for a base price of £1,030,000 (£2,280/SqM).

Basic Information

Date Listed Jul 21, 2021
Updated 3 years ago
Property Type House
Storeys N/A
Location Khlong Tan Nuea, Bangkok
Bedrooms 3
Nearest Landmark Ekkamai BTS -2.2 Km
Indoor Area 450 SqM
Price per SqM £2,280
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 1,800 SqM
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.

N/A
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.

N/A
Land Title Deed N/A
Construction Completed (Dec 2014)
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) N/A
Unit Type N/A
Parking Spots N/A
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.
£6,570/mo
Listed By
Each listing provided by partnered agents is individually verified by LivePhuket. Partner Agents work for different brokerages or property management companies but have teamed up with LivePhuket so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1016136

Investment Opportunity: Charges & Yield

Sale Price
£1,030,000
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.
£6,570/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.
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 The Park Lane 22, and the current sales price.
4%

Project Details

Project Name: The Park Lane 22
Construction: Completed (Dec 2014)
Units: 22
Project Area: N/A
Nearest Landmark Ekkamai BTS - 2.2 Km
Location: Khlong Tan Nuea, Bangkok
The Park Lane 22 Project Details

Project Features

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

Available Units at The Park Lane 22

For Sale 2 For Rent 3
Get notified when new homes are being added to The Park Lane 22
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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 The Park Lane 22.
The common area maintenance fee is £4 per square meter based on the plot size of the property and is £6,570 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.
Ekkamai BTS is the nearest BTS Station from The Park Lane 22 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 The Park Lane 22 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is awesome and luxurious.
Viparat T., Thailand, 5 years ago
I've seen the sample unit from this project, and I would say that it is awesome and luxurious. Anyway, I think it's too expensive for me, so I didn't buy it. I think this place is suitable for family living. There are not many facilities in the project because the area is relatively small, but there is a 24H security with the access control system. The townhouse I have seen is four floors high, 7.5 meters wide, has three bedrooms and five bathrooms. The structure and materials used in the construction and decoration are perfect. I don't want to come out of here. This area is nice to live in, everything is ready, near Donki Mall, Thonglor, which is suitable for younger people for sure. I would rate 8/10 for this project. The only downside that I've found in the small facilities. Apart from that, this project is fantastic.
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Park Lane 22

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
Project Name
Khlongtan Nivet
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
N/A
Sales Prices
£308K - £502K
Monthly Rentals
£1.48K - £2.28K
Year Built
Jan 2009
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
127
Sales Prices
£59.3K - £68.5K
Monthly Rentals
£274 - £685
Year Built
Aug 2018
Completion Status
Completed
Project Name
Town Sukhumvit 71
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
N/A
Sales Prices
£105K - £125K
Monthly Rentals
£571
Year Built
Jan 2015
Completion Status
Completed
Project Name
HOLME Ekkamai 22
Location
Khlong Tan Nuea, Watthana, Bangkok
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▼ -21.5% underpriced
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N/A
Year Built
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Completion Status
Completed
Project Name
The Winning Tower
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
487
Sales Prices
£64.6K - £148K
Monthly Rentals
£411
Year Built
Jan 1994
Completion Status
Completed
Project Name
Ekamai Condo Town
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
N/A
Sales Prices
£27.4K
Monthly Rentals
N/A
Year Built
Jan 1996
Completion Status
Completed
Project Name
Le Cosi Ekamai 28
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
66
Sales Prices
£68.5K
Monthly Rentals
£342 - £913
Year Built
Jan 2008
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Sales Prices
£1.6M
Monthly Rentals
£10.3K
Year Built
Jul 2017
Completion Status
Completed
Location
Suan Luang, Watthana, Bangkok
Number of units
120
Sales Prices
£205K
▼ -41% underpriced
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Project Name
Casa Ekkamai 28
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
3
Sales Prices
£2.05M - £2.28M
Monthly Rentals
N/A
Year Built
Jun 2023
Completion Status
Completed
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