Richmond Palace

5 (1 Review)

Khlong Tan Nuea, Watthana,Bangkok

Unit ID: U1043380
3% Rental Yield
฿14,000,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
146.73 SqM Size
Floors
17 Floor
Construction
Dec 1993 Completed

2 Bedroom Condo for sale at Richmond Palace

This property is a 146.73 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Richmond Palace project in Khlong Tan Nuea, Bangkok and was completed in Dec 1993. You can buy this condo for a base price of ฿14,000,000 (฿95,413/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 17
Bedrooms 2
Size 146.73 SqM
Price per SqM ฿95,413
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) City 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.
N/A
Listed By
Private Owner
Date Listed Nov 22, 2021
Last Updated 2 months ago
Unit ID U1043380

3D Walkthrough

Price Analysis

Fair Price
Estimated market value ฿13,469,637
Great
฿13,400,000
Good
Fair
Above
฿13,500,000
Current asking Price: ฿14,000,000 | Rental estimate: ฿37,700/mo
This condo is ฿530,363 ABOVE MARKET (4%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿14,000,000
Est. Rent
฿37,700/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.
31
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom condos at Richmond Palace, and the current sales price.
3%

Project Details

Project Name: Richmond Palace
Developer: Richmond Group
Construction: Completed (Dec 1993)
Floors: 23
Buildings: 1
Units: 157
Project Area: 2,176 SqM
Nearest Landmark Phrom Phong BTS - 0.6 Km
Location: Khlong Tan Nuea, Watthana, Bangkok
Richmond Palace Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Outdoor Kids Zone Outdoor Kids Zone
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Richmond Palace

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Outdoor Kids Zone
    Ground Floor

Available Units at Richmond Palace

For Sale 4 For Rent 17
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Available Units at Richmond Palace
-
Beds 2 Beds
Baths 3 Baths
Size 164 SqM Size
Floor - Floor
Unfurnished
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Available Units at Richmond Palace
-
Beds 3 Beds
Baths 2 Baths
Size 163 SqM Size
Floor - Floor
Unfurnished
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Available Units at Richmond Palace
-
Beds 3 Beds
Baths 3 Baths
Size 165 SqM Size
Floor 9 Floor
Thai Quota Fully Furnished City View
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Available Units at Richmond Palace
-
Beds 3 Beds
Baths 2 Baths
Size 143.82 SqM Size
Floor 19 Floor
Thai Quota Fully Furnished City View
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Available Units at Richmond Palace
฿109,756
Beds 3 Beds
Baths 3 Baths
Size 164 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished City View
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Available Units at Richmond Palace
-
Beds 2 Beds
Baths 2 Baths
Size 148 SqM Size
Floor - Floor
Unfurnished
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Available Units at Richmond Palace
-
Beds 3 Beds
Baths 2 Baths
Size 163.40 SqM Size
Floor - Floor
Unfurnished
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Available Units at Richmond Palace
฿95,890
Beds 2 Beds
Baths 2 Baths
Size 146 SqM Size
Floor 17 Floor
Thai Quota Fully Furnished
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Available Units at Richmond Palace
฿114,583
Beds 3 Beds
Baths 3 Baths
Size 144 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished City View
Favorite
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Available Units at Richmond Palace
฿111,888
Beds 2 Beds
Baths 2 Baths
Size 143 SqM Size
Floor 17 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Richmond Palace
-
Beds 2 Beds
Baths 2 Baths
Size 143.82 SqM Size
Floor 18 Floor
Thai Quota Partly Furnished City View
Favorite
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Available Units at Richmond Palace
-
Beds 3 Beds
Baths 2 Baths
Size 143.82 SqM Size
Floor 17 Floor
Negotiable
Favorite
Compare
Available Units at Richmond Palace
-
Beds 3 Beds
Baths 3 Baths
Size 146.73 SqM Size
Floor 18 Floor
Foreign Quota Unfurnished
Favorite
Compare
Available Units at Richmond Palace
-
Beds 4 Beds
Baths 2 Baths
Size 145 SqM Size
Floor 11 Floor
Unfurnished
Favorite
Compare
Available Units at Richmond Palace
-
Beds 3 Beds
Baths 3 Baths
Size 164 SqM Size
Floor 11 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Richmond Palace
฿95,413
Beds 2 Beds
Baths 2 Baths
Size 146.73 SqM Size
Floor 17 Floor
Thai Quota Partly Furnished City View
Favorite
Compare
Available Units at Richmond Palace
-
Beds 2 Beds
Baths 2 Baths
Size 145.57 SqM Size
Floor - Floor
Unfurnished
Favorite
Compare
Available Units at Richmond Palace
-
Beds 2 Beds
Baths 2 Baths
Size 143.82 SqM Size
Floor - Floor
Negotiable
Favorite
Compare
Available Units at Richmond Palace
-
Beds 3 Beds
Baths 3 Baths
Size 146.73 SqM Size
Floor - Floor
Negotiable
Favorite
Compare
Available Units at Richmond Palace
-
Beds 2 Beds
Baths 2 Baths
Size 143 SqM Size
Floor - Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to Richmond Palace

Loan Calculator

Frequently asked questions

No pets are allowed at Richmond Palace unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phrom Phong BTS is the nearest BTS from Richmond Palace and it is 0.6 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 Richmond Palace 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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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great Investment Condo
5 Sanit P., Thailand, 3 years ago
I have had this room for 3 years for renting out, and the return is GOOD! There are always foreigners contacting me for more details as the location is convincing. The access is very convenient near Phrom Phong BST, almost 1 km away. If you prefer to go shopping, the TOP Supermarket is 600 meters away, or the Miracle mall is 650 meters. It's also easy to find restaurants, schools, and hospitals. The condo seems outdated but well-maintained. The staff is excellent service-minded. The facilities are extensive, with a pool, a gym, and many more. The room types vary from 2 to 4 bedrooms. Mine is a 3-bedroom type at 145 sq.m wide with modern furniture. It's just ready to move in! My clients are usually fond of renting my place. I got so many compliments. I would recommend the condo if anyone is buying a condo for investment!

Bangkok

Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

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