2 Bedroom Condo for sale at River Heaven

4.67 (1 Review)
Bang Kho Laem, Bang Kho Laem,Bangkok
Unit ID: U68191
4% Rental Yield
฿7,000,000 Great Price
2 Bedrooms
2 Bathrooms
100 SqM Size
7 Floor
Dec 2003 Completed

About This Condo

This property is a 100 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the River Heaven project in Bang Kho Laem, Bangkok and was completed in Dec 2003. You can buy this condo for a base price of ฿7,000,000 (฿70,000/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

Basic Information

Property Type Condo
Floor 7
Bedrooms 2
Size 100 SqM
Price per SqM ฿70,000
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%.

Foreign 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) Blocked 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.
฿3,000/mo
Listed By
Private Owner
Date Listed Mar 16, 2018
Last Updated 5 months ago
Unit ID U68191

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿10,119,123
Great
฿8,390,000
Good
Fair
Above
฿12,700,000
Current asking Price: ฿7,000,000 | Advertised rental rate: ฿25,000/mo
This condo is ฿3,119,123 BELOW MARKET (-31%) 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
฿7,000,000
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.
฿3,000/mo
Rent
฿25,000/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.
23
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.
4%

Project Details

Project Name: River Heaven
Developer: Land and Houses
Construction: Completed (Dec 2003)
Floors: 27
Buildings: N/A
Units: 521
Project Area: 9,600 SqM
Nearest Landmark Krung Thon Buri BTS - 2.1 Km
Location: Bang Kho Laem, Bang Kho Laem, Bangkok
River Heaven Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna

Available Units at River Heaven

For Sale 10 For Rent 7
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Available Units at River Heaven
฿87,500
Great Price
Beds 2 Beds
Baths 2 Baths
Size 100 SqM Size
Floor 9 Floor
Thai Quota Fully Furnished River or Canal View
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Available Units at River Heaven
฿122,222
Beds 3 Beds
Baths 3 Baths
Size 135 SqM Size
Floor 25 Floor
River or Canal View
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Available: Apr 1, 2023 Available Units at River Heaven
฿70,000
Great Price
Beds 2 Beds
Baths 2 Baths
Size 100 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished
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Available: Feb 1, 2023 Available Units at River Heaven
-
Beds 3 Beds
Baths 2 Baths
Size 230 SqM Size
Floor 24 Floor
Fully Furnished
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Available Units at River Heaven
฿112,000
Beds 1 Beds
Baths 1 Baths
Size 50 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished
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Available: Sep 1, 2023 Available Units at River Heaven
฿85,859
Great Price
Beds 3 Beds
Baths 2 Baths
Size 99 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished City View
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Available: Jan 1, 2023 Available Units at River Heaven
฿86,275
Beds 2 Beds
Baths 2 Baths
Size 102 SqM Size
Floor 17 Floor
Partly Furnished
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Available Units at River Heaven
-
Beds 1 Beds
Baths 1 Baths
Size 49 SqM Size
Floor 7 Floor
Fully Furnished River or Canal View
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Available Units at River Heaven
฿113,208
Great Price
Beds 2 Beds
Baths 2 Baths
Size 106 SqM Size
Floor 21 Floor
Thai Quota Fully Furnished
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Available Units at River Heaven
฿55,484
Beds 2 Beds
Baths 2 Baths
Size 155 SqM Size
Floor 11 Floor
Fully Furnished City View
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Available Units at River Heaven
฿116,393
Beds 3 Beds
Baths 2 Baths
Size 102.24 SqM Size
Floor 6 Floor
Thai Quota Negotiable River or Canal View
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Available: Jun 1, 2023 Available Units at River Heaven
฿93,636
Great Price
Beds 3 Beds
Baths 2 Baths
Size 99 SqM Size
Floor 22 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to River Heaven

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Frequently Asked Questions

No pets are allowed at River Heaven 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 ฿30 per square meter based on the size of indoor area of the property and is ฿3,000 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.
Krung Thon Buri BTS is the nearest BTS Station from River Heaven and it is 2.1 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 River Heaven 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

4.7 out of 5 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Overall, it's good.
4.7 Tomas T., United States, 5 years ago
I have been renting a room here for almost 2 years. Overall, it's good. I am very impressed with the view of the Chao Phraya River. It's amazing! This place has a relaxing atmosphere and excellent facilities, such as a tennis court, basketball court, swimming pool, and fitness center. The staff well maintains all of it. My room has only 1 bedroom, but the size is perfect for me and well-decorated with beautiful furniture. It is only a 6-minute walk from ASIATIQUE The Riverfront. I also suggest anyone who wants to stay here spare the traveling time if they want to go out because Charoen Krung Road is quite narrow, the car might be getting stuck.
Bangkok
Bang Kho Laem

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby River Heaven

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Completion Status
Location
Bang Kho Laem, Bang Kho Laem, Bangkok
Number of units
132
Sales Prices
฿3.42M - ฿3.58M
▼ -43% underpriced
Monthly Rentals
฿11.1K - ฿20.1K
Year Built
Dec 2018
Completion Status
Completed
Location
Bang Kho Laem, Bang Kho Laem, Bangkok
Number of units
N/A
Sales Prices
฿25.1M
Monthly Rentals
N/A
Year Built
Jun 2017
Completion Status
Completed
Location
Bang Kho Laem, Bang Kho Laem, Bangkok
Number of units
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Monthly Rentals
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Completed
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Number of units
294
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฿9.77M - ฿40M
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฿30.2K - ฿161K
Year Built
Dec 2015
Completion Status
Completed
Location
Bang Kho Laem, Bang Kho Laem, Bangkok
Number of units
437
Sales Prices
฿19.1M
Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
Location
Bang Kho Laem, Bang Kho Laem, Bangkok
Number of units
480
Sales Prices
฿8.66M - ฿60.4M
▼ -12% underpriced
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฿25.2K - ฿201K
Year Built
Dec 2008
Completion Status
Completed
Location
Bang Kho Laem, Bang Kho Laem, Bangkok
Number of units
866
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฿2.41M - ฿10.8M
▲ 2.7% overpriced
Monthly Rentals
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Bang Kho Laem, Bang Kho Laem, Bangkok
Number of units
822
Sales Prices
฿3.83M - ฿20.1M
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Monthly Rentals
฿12.1K - ฿75.5K
Year Built
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Completion Status
Completed
Location
Bang Kho Laem, Bang Kho Laem, Bangkok
Number of units
253
Sales Prices
฿3.79M - ฿5.6M
▼ -1.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2022
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Bang Kho Laem, Bang Kho Laem, Bangkok
Number of units
437
Sales Prices
฿7.45M - ฿7.96M
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N/A
Year Built
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Completion Status
Completed
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