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    4 Bedroom House for sale at ME-I Avenue Srinakarin
    Nong Bon, Prawet,Bangkok
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    Sale Price
    £1,110,000
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    4 Bedroom House for sale at ME-I Avenue Srinakarin

     (Write Review)
    Nong Bon, Prawet,Bangkok
    Unit ID: U1368994
    4 Bedrooms
    5 Bathrooms
    531 SqM Indoor Area
    4 Storeys
    Jan 2024 Completed
     (Write Review)
    Sale Price
    £1,110,000
    19

    About This House

    This property is a 531 SqM house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Nong Bon, Bangkok and was completed in Jan 2024. You can buy this house for a base price of £1,110,000 (£2,080/SqM).

    Features

    Private LiftPrivate Lift Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Maids QuartersMaids Quarters BalconyBalcony BathtubBathtub

    Basic Information

    Date Listed Jan 17, 2023
    Updated 1 year ago
    Property Type House (Single Detached)
    Storeys 4
    Location Nong Bon, Bangkok
    Bedrooms 4
    Nearest Landmark Punnawithi BTS -4.5 Km
    Indoor Area 531 SqM
    Price per SqM £2,080
    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 196 SqM
    Pets Not Allowed
    House Ownership

    Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

    Foreign Ownership, Thai Ownership, Company
    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, Company
    Land Title Deed N/A
    Construction Completed (Jan 2024)
    Furniture
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Built In
    View(s) Garden View
    Unit Type A
    Parking Spots 3
    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
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U1368994

    Investment Opportunity: Charges & Yield

    Sale Price
    £1,110,000

    Project Details

    Project Name: ME-I Avenue Srinakarin
    Developer: Shinwa Real Estate (Thailand) Co., Ltd.
    Construction: Completed (Jan 2024)
    Units: 5
    Project Area: N/A
    Nearest Landmark Punnawithi BTS - 4.5 Km
    Location: Nong Bon, Bangkok
    ME-I Avenue Srinakarin Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Communal Garden Area Communal Garden Area

    Available Units at ME-I Avenue Srinakarin

    • All
    • 4 Beds
    Get notified when new homes are being added to ME-I Avenue Srinakarin
    View All (5)

    Loan Calculator

    Payment Plan

    Untitle
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £4,630
    1st Installment
    Upon contract signing
    10%
    2nd Installment
    Down Payment
    20%
    3rd Installment
    On handover
    70%

    Frequently Asked Questions

    No pets are allowed at ME-I Avenue Srinakarin unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Punnawithi BTS is the nearest BTS Station from ME-I Avenue Srinakarin and it is 4.5 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 ME-I Avenue Srinakarin you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Untitle
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £4,630
    1st Installment
    Upon contract signing
    10%
    2nd Installment
    Down Payment
    20%
    3rd Installment
    On handover
    70%


    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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    Completion Status
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