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    4 Bedroom House for sale at The Grand Rama 2
    Phanthai Norasing, Mueang Samut Sakhon,Samut Sakhon
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    Sale Price
    £141,000
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    4 Bedroom House for sale at The Grand Rama 2

     (Write Review)
    Phanthai Norasing, Mueang Samut Sakhon,Samut Sakhon
    Unit ID: U1810090
    6% Rental Yield
    4 Bedrooms
    3 Bathrooms
    155 SqM Indoor Area
    2 Storeys
    Jan 2019 Completed
     (Write Review)
    Sale Price
    £141,000
    20

    About This House

    This property is a 155 SqM house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Phanthai Norasing, Samut Sakhon and was completed in Jan 2019. You can buy this house for a base price of £141,000 (£911/SqM) and it is also available for long term rentals starting from £683 per month.

    Park Facing Detached Single House With Garden

     (Transfer fee 50:50 between seller and buyer) Facilities:-- Clubhouse- Infinity Edge Pool- Lake in the center of the project, size over 30 rai- Sauna- Security 24 hours- CCTV. Nearby places:-- Central Rama 2, Central Mahachai- The Mall Bangkae- Boonthavorn, Home Pro- Big C Pantai Norasing- Lertlah School- Nakornthon Hospital Rama 2, Bangmod Hospital- Lotus, - Leela Market- Home ProLocation:-Rama 2 Road, Phanthai Norasing Subdistrict, Mueang Samut Sakhon District, Samut Sakhon.

    Features

    Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Renovated KitchenRenovated Kitchen Renovated BathroomRenovated Bathroom Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Apr 22, 2024
    Updated 6 months ago
    Property Type House (Single Detached)
    Storeys 2
    Location Phanthai Norasing, Samut Sakhon
    Bedrooms 4
    Nearest Landmark Lak Song BTS -12.4 Km
    Indoor Area 155 SqM
    Price per SqM £911
    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 224 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 2019)
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    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.
    £46/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1810090

    Investment Opportunity: Charges & Yield

    Sale Price
    £141,000
    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.
    £46/mo
    Rent
    £683/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.
    17
    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: The Grand Rama 2
    Developer: Golden Land
    Construction: Completed (Dec 2017)
    Units: 545
    Project Area: N/A
    Nearest Landmark Lak Song BTS - 12.4 Km
    Location: Phanthai Norasing, Samut Sakhon
    The Grand Rama 2 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Steam Room Steam Room
    Sauna Sauna

    Available Units at The Grand Rama 2

    For Sale 11 For Rent 3
    • All
    • 3 Beds
    • 4 Beds
    • 5 Beds
    Get notified when new homes are being added to The Grand Rama 2
    View All (11)

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    Frequently Asked Questions

    All kind of pets are allowed at The Grand Rama 2 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is £0 per square meter based on the plot size of the property and is £46 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.
    Lak Song BTS is the nearest BTS Station from The Grand Rama 2 and it is 12.4 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 Grand Rama 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 Sakhon
    Phanthai Norasing

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