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    4 Bedroom House for sale at Quarter 31
    Khlong Toei Nuea, Watthana,Bangkok
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    Sale Price
    £1,480,000
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    4 Bedroom House for sale at Quarter 31

    (1 Review)
    Khlong Toei Nuea, Watthana,Bangkok
    Unit ID: U1700576
    4% Rental Yield
    Tenant-Occupied until May 1, 2025
    4 Bedrooms
    5 Bathrooms
    425 SqM Indoor Area
    4 Storeys
    Completed
    (1 Review)
    Sale Price
    £1,480,000
    14

    About This House

    This property is a 425 SqM house with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the project in Khlong Toei Nuea, Bangkok. You can buy this house for a base price of £1,480,000 (£3,480/SqM) and it is also available for long term rentals starting from £4,330 per month.

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub

    Basic Information

    Date Listed Dec 6, 2023
    Updated 11 months ago
    Property Type House (Semi Detached)
    Storeys 4
    Location Khlong Toei Nuea, Bangkok
    Bedrooms 4
    Nearest Landmark Phetchaburi MRT -0.7 Km
    Indoor Area 425 SqM
    Price per SqM £3,480
    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 120 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.

    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
    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) Garden View
    Unit Type N/A
    Parking Spots 4
    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.
    £342/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1700576

    Investment Opportunity: Charges & Yield

    Sale Price
    £1,480,000
    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.
    £342/mo
    Rent
    £4,330/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.
    29
    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.
    4%

    Project Details

    Project Name: Quarter 31
    Developer: NYE Estate
    Construction: Completed (Oct 2017)
    Units: 20
    Project Area: 4,128 SqM
    Nearest Landmark Phetchaburi MRT - 0.7 Km
    Location: Khlong Toei Nuea, Bangkok
    Quarter 31 Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Back Up Generators Back Up Generators

    Popular Facilities at Quarter 31

    • All
    • Leisure
    5
    • Communal Pool
      Ground Floor

    Available Units at Quarter 31

    For Sale 4 For Rent 4
    • All
    • 4 Beds
    Get notified when new homes are being added to Quarter 31
    View All (4)

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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 Quarter 31.
    The common area maintenance fee for properties at Quarter 31 is a fixed amount of £342. This amount 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.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Quarter 31 the required payment for the sinking fund is £57 per square meter based on the size of the indoor area of the property.
    Phetchaburi MRT is the nearest MRT Station from Quarter 31 and it is 0.7 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 Quarter 31 you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £11,400
    SPA
    7 Days After Reservation
    15%
    Transfer
    30 Days After SPA
    85%


    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
    The townhouse project in center of Sukhumvit area
    Hannah Robert, United States, 6 years ago
    This townhouse project is in the Sukhumvit area, near Si Rat Expressway, making commuting easier. The project is in Soi Sukhumvit 31, which can connect to many roads. The atmosphere is quiet and not crowded with people because this alley is dead-end; only the residents can pass by. The project is secure by fence and security guards. There is a saltwater swimming pool that is not very wide, but it is long enough. It also has a garden where trees are planted in the shade. Let's talk about the townhouse here. There are 4-5 bedrooms, a townhouse with a height of 4 and a half floors. The basement can park 4 cars. Besides, the house's living area is also very spacious, with private bathrooms in every bedroom, suitable for large families with many members. It is a high quality house. Additionally, every unit of this project has direct access to a communal swimming pool. It is a house project that is very worthwhile to invest in.
    Bangkok
    Khlong Toei Nuea

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby Quarter 31

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    Project Name
    Moo Baan Chicha Castle
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    Khlong Toei Nuea, Watthana, Bangkok
    Number of units
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    £568K
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    Year Built
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    Monthly Rentals
    £522 - £1.82K
    Year Built
    Dec 2006
    Completion Status
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    Project Name
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    Monthly Rentals
    £1.09K - £1.59K
    Year Built
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    Completion Status
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    Project Name
    Prime Mansion One
    Location
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
    Oct 2020
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    Project Name
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    Number of units
    168
    Sales Prices
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    ▼ -8.8% underpriced
    Monthly Rentals
    £409 - £2.27K
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    Completion Status
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    Project Name
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    Location
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    Sales Prices
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    Monthly Rentals
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    Number of units
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    Sales Prices
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    ▼ -40.3% underpriced
    Monthly Rentals
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    Completion Status
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    Location
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Projects Nearby Quarter 31
    Save
    Moo Baan Chicha Castle
    The Natural Place
    Baan Saraan
    Kiarti Thanee City Mansion
    Prime Mansion One
    Q Prasarnmit
    Siamese Gioia
    Supalai Oriental Sukhumvit 39
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    My Resort Bangkok
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