Unit ID: U1408802
8% Rental Yield
Saphan Sung, Saphan Sung,Bangkok
฿450,000
Studio Bedroom
1
Bathroom
27 SqM
Size
8
Floor
Jan 2010
Completed

About This Condo

This property is a 27 SqM studio condo with 1 bathroom that is available for sale. It is part of the Niran Residence 8 project in Saphan Sung, Bangkok and was completed in Jan 2010. You can buy this condo for a base price of ฿450,000 (฿16,667/SqM) and it is also available for long term rentals starting from ฿3,000 per month.

Basic Information

Date Listed Jun 22, 2023
Updated 9 months ago
Property Type Condo
Floor 8
Bedroom Studio
Size 27 SqM
Price per SqM ฿16,667
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
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) N/A
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.
N/A
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1408802

Investment Opportunity: Charges & Yield

Sale Price
฿450,000
Rent
฿3,000/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.
13
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.
8%

Project Details

Project Name: Niran Residence 8
Developer: N/A
Construction: Completed (Jan 2010)
Floors: 8
Buildings: N/A
Units: 144
Project Area: N/A
Nearest Landmark Ban Thap Chang ARL - 5.9 Km
Location: Saphan Sung, Bangkok
Niran Residence 8 Project Details

Project Features

24H Security 24H Security
Car Parking Car Parking

Available Units at Niran Residence 8

For Sale 3 For Rent 1
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Frequently Asked Questions

No pets are allowed at Niran Residence 8 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Ban Thap Chang ARL is the nearest Airport Rail Link Station from Niran Residence 8 and it is 5.9 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 Niran Residence 8 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
Saphan Sung

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Niran Residence 8

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