6 Bedroom House for sale at Bussarakam Place Vibhavadi 20

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Chomphon, Chatuchak,Bangkok
Unit ID: U1973479
13% Rental Yield
6 Bedrooms
6 Bathrooms
400 SqM Indoor Area
5 Storeys
Completed

About This House

This property is a 400 SqM house with 6 bedrooms and 6 bathrooms that is available for sale. It is part of the project in Chomphon, Bangkok. You can buy this house for a base price of £428,000 (£1,070/SqM) and it is also available for long term rentals starting from £4,560 per month.

Features

Pool AccessPool Access Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 21, 2024
Updated 8 hours ago
Property Type House
Storeys 5
Location Chomphon, Bangkok
Bedrooms 6
Nearest Landmark Lat Phrao MRT -0.8 Km
Indoor Area 400 SqM
Price per SqM £1,070
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
102 SqM
Plot Size N/A
Pets Not 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 N/A
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) Unblocked Open 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1973479

Investment Opportunity: Charges & Yield

Sale Price
£428,000
Rent
£4,560/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.
8
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.
13%

Project Details

Developer: N/A
Construction: Completed
Units: 1
Project Area: N/A
Nearest Landmark Lat Phrao MRT - 0.8 Km
Location: Chomphon, Bangkok
Bussarakam Place Vibhavadi 20 Project Details

Project Features

CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Tennis Court Tennis Court

Available Units at Bussarakam Place Vibhavadi 20

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Bussarakam Place Vibhavadi 20 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Lat Phrao MRT is the nearest MRT Station from Bussarakam Place Vibhavadi 20 and it is 0.8 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 Bussarakam Place Vibhavadi 20 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

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Bangkok
Chomphon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Bussarakam Place Vibhavadi 20

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
Busarakum Place
Location
Chomphon, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
£4.27M
Monthly Rentals
£3.41K - £7.95K
Year Built
Jan 2000
Completion Status
Completed
Project Name
Lugano Ladprao 18
Location
Chomphon, Chatuchak, Bangkok
Number of units
125
Sales Prices
£53.8K - £145K
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
197
Sales Prices
£55.8K - £152K
▼ -20.9% underpriced
Monthly Rentals
N/A
Year Built
Sep 2023
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
£307K
Monthly Rentals
N/A
Year Built
Jan 2015
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
£38.6K - £65.6K
Monthly Rentals
£295
Year Built
N/A
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
2
Sales Prices
£38.6K - £126K
▼ -44% underpriced
Monthly Rentals
£204
Year Built
Jan 2009
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
129
Sales Prices
£53.4K - £56.8K
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Project Name
PHILO Ladprao 18
Location
Chomphon, Chatuchak, Bangkok
Number of units
53
Sales Prices
£141K
Monthly Rentals
£1.7K
Year Built
Dec 2020
Completion Status
Completed
Project Name
LIB Ladprao 20
Location
Chomphon, Chatuchak, Bangkok
Number of units
175
Sales Prices
£50K - £59K
▼ -37.5% underpriced
Monthly Rentals
£216 - £272
Year Built
Jan 2013
Completion Status
Completed
Project Name
Arise Ratchada 19
Location
Chomphon, Chatuchak, Bangkok
Number of units
132
Sales Prices
£67.9K
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
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