3 Bedroom Townhouse for sale at 349 Residence

(1 Review)
Khlong Tan Nuea, Watthana,Bangkok
Unit ID: U1062068
6% Rental Yield
Tenant-Occupied until Jan 1, 2025
3 Bedrooms
3 Bathrooms
400 SqM Indoor Area
5 Storeys
Jan 2012 Completed

About This Townhouse

This property is a 400 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Khlong Tan Nuea, Bangkok and was completed in Jan 2012. You can buy this townhouse for a base price of £1,500,000 (£3,760/SqM) and it is also available for long term rentals starting from £8,100 per month.

Features

Private PoolPrivate Pool Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Full Western KitchenFull Western Kitchen TVTV

Basic Information

Date Listed Feb 23, 2022
Updated 3 days ago
Property Type Townhouse
Storeys 5
Location Khlong Tan Nuea, Bangkok
Bedrooms 3
Nearest Landmark Phrom Phong BTS -1.2 Km
Indoor Area 400 SqM
Price per SqM £3,760
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 N/A
Pets All Kind of Pets Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) 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 (Jan 2012)
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) City View, Pool View, Garden View
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.
£8,100/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1062068

Investment Opportunity: Charges & Yield

Sale Price
£1,500,000
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.
£8,100/mo
Rent
£8,100/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.
15
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: 349 Residence
Construction: Completed (Jan 2012)
Units: 3
Project Area: N/A
Nearest Landmark Phrom Phong BTS - 1.2 Km
Location: Khlong Tan Nuea, Bangkok
349 Residence Project Details

Project Features

Clubhouse Clubhouse
24H Security 24H Security

Available Units at 349 Residence

For Sale 3 For Rent 3
Get notified when new homes are being added to 349 Residence
View All (3)

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Frequently Asked Questions

All kind of pets are allowed at 349 Residence including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Phrom Phong BTS is the nearest BTS Station from 349 Residence and it is 1.2 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 349 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

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
A luxury townhouse with beautiful design and private
Khun Kim, South Korea, 5 years ago
I had the opportunity to visit my friends who live here. At first, I still thought that my friends were joking about the price of the house. When I met him, it was worth it, whether its beauty, design, usable space or location, which all are complete. This townhouse is very luxurious, which is a private swimming pool, a private garden, a private elevator, and underground parking. And personally, what I think is worthwhile is in the heart of Sukhumvit. Anyone running their businesses around here and looking for a place nearby is very responsive. There are many hospitals, international schools, and famous department stores nearby.
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby 349 Residence

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
649 Residence
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
6
Sales Prices
£3.01M - £3.59M
▼ -8% underpriced
Monthly Rentals
£9.25K
Year Built
Feb 2020
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
122
Sales Prices
£175K - £328K
▼ -5.3% underpriced
Monthly Rentals
N/A
Year Built
Jul 2021
Completion Status
Completed
Project Name
Private Sukhumvit
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
12
Sales Prices
£740K
Monthly Rentals
£1.97K
Year Built
Dec 2010
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
71
Sales Prices
£123K - £231K
Monthly Rentals
£578 - £1.16K
Year Built
Dec 2004
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
52
Sales Prices
£477K - £1.09M
▼ -6.6% underpriced
Monthly Rentals
£1.5K - £5.55K
Year Built
Sep 2019
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
40
Sales Prices
£335K
▲ 28% overpriced
Monthly Rentals
£833 - £1.39K
Year Built
Jan 2005
Completion Status
Completed
Project Name
Leo Classic Place
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
18
Sales Prices
£382K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Downtown 49
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
135
Sales Prices
£118K - £782K
▼ -43% underpriced
Monthly Rentals
£463 - £3.22K
Year Built
Dec 2012
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
35
Sales Prices
£162K - £185K
▲ 10% overpriced
Monthly Rentals
£740 - £1.5K
Year Built
Jan 2009
Completion Status
Completed
Project Name
Villa Sikhara
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
64
Sales Prices
£250K - £324K
Monthly Rentals
£694 - £1.39K
Year Built
Jan 2009
Completion Status
Completed
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