Unit ID: U399029
5% Rental Yield
Tenant-Occupied until Sep 1, 2024
Talat Phlu, Thon Buri,Bangkok
฿2,550,000 ฿2,650,000 Great Price
1 Bedroom
1
Bathroom
35 SqM
Size
12
Floor
Dec 2010
Completed

About This Condo

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Parkland Taksin-Thapra project in Talat Phlu, Bangkok and was completed in Dec 2010. You can buy this condo for a base price of ฿2,550,000 (฿72,857/SqM) and it is also available for long term rentals starting from ฿10,000 per month.

Urban Luxury: Prestigious Bukkhalo Condo on Sale/Lease

Offering a one-bedroom, one-bathroom accommodation spanning 35 SqM, this property is an attractive proposition for buyers and investors alike. Situated in The Parkland Taksin-Thapra project in bustling Bukkhalo, Bangkok, the condo was completed in December 2010 and is now available for sale or lease.The conclusion of this high-end residential complex signals an opportunity for prospective buyers to purchase a luxurious lifestyle, with the condo available for just ฿2,650,000 (฿75,714/SqM). This competitive price point represents excellent value for money and means prospective tenants can avail themselves of this city address with long term rentals starting from ฿10,000 per month.Prospective purchasers will be able to immerse themselves in the unique urban buzz of Bukkhalo, as well as benefit from the lifestyle offered by The Parkland Taksin-Thapra – with features such as a fully fitted fitness centre, multi-level car park and landscaped parkland.This exclusive condo project has been designed to meet even the highest standards of modern city living, offering the ultimate blend of comfort and convenience. Offering convenience and comfort, this property provides the perfect opportunity for those looking to take their first steps into the property market or upgrade their current lifestyle.This property provides an excellent investment opportunity and is likely to be popular amongst investors, with long term rentals starting from ฿10,000 per month. Those wishing to own a high-end city pad in Bukkhalo, Bangkok need look no further – this is a prime property at an unbeatable price! Don't miss out on this opportunity - enquire today to witness firsthand all this property has to offer.

Features

BalconyBalcony MicrowaveMicrowave TVTV Direct access to BTS/MRTDirect access to BTS/MRT

Basic Information

Date Listed Apr 3, 2023
Updated 1 year ago
Property Type Condo
Floor 12
Bedroom 1
Size 35 SqM
Price per SqM ฿72,857
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Thai Quota
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
Building 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.
฿980/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U399029

Price Analysis

Great Price
Estimated market value ฿4,182,494
Great
฿3,830,000
Good
Fair
Above
฿4,650,000
Current asking Price: ฿2,550,000 | Advertised rental rate: ฿10,000/mo
This condo is ฿1,632,494 BELOW MARKET (-39%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿2,550,000
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.
฿980/mo
Rent
฿10,000/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.
21
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.
5%

Project Details

Developer: Narai Property
Construction: Completed (Dec 2010)
Floors: 29
Buildings: 2
Units: 829
Project Area: 7,600 SqM
Nearest Landmark Ratchaphruek BRT - 0.1 Km
Location: Talat Phlu, Bangkok
The Parkland Taksin-Thapra Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at The Parkland Taksin-Thapra

For Sale 10 For Rent 5
Get notified when new homes are being added to The Parkland Taksin-Thapra
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Frequently Asked Questions

No pets are allowed at The Parkland Taksin-Thapra unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿28 per square meter based on the size of indoor area of the property and is ฿980 for this condo. 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.
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 The Parkland Taksin-Thapra the required payment for the sinking fund is ฿250 per square meter based on the size of the indoor area of the property.
Ratchaphruek BRT is the nearest BRT Station from The Parkland Taksin-Thapra and it is 0.1 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at The Parkland Taksin-Thapra you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Bangkok
Talat Phlu

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Parkland Taksin-Thapra

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Monthly Rentals
Year Built
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Location
Number of units
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Year Built
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Location
Dao Khanong, Thon Buri, Bangkok
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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Location
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Number of units
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Sales Prices
฿2M - ฿3.65M
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Location
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