The Bangkok Narathiwas

4 (1 Review)

Yan Nawa, Sathon,Bangkok

Unit ID: U1020280
6% Rental Yield
฿6,050,000 Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
76 SqM Size
Floors
6 Floor
Construction
Dec 2005 Completed

2 Bedroom Condo for sale at The Bangkok Narathiwas

This property is a 76 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Bangkok Narathiwas project in Yan Nawa, Bangkok and was completed in Dec 2005. You can buy this condo for a base price of ฿6,050,000 (฿79,605/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 6
Bedrooms 2
Size 76 SqM
Price per SqM ฿79,605
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
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.
฿3,420/mo
Listed By
Private Owner
Date Listed Aug 11, 2021
Last Updated 2 weeks ago
Unit ID U1020280

Price Analysis

Great Price
Estimated market value ฿11,588,879
Great
฿8,690,000
Good
Fair
Above
฿14,900,000
Current asking Price: ฿6,050,000 | Rental estimate: ฿27,900/mo
This condo is ฿5,538,879 BELOW MARKET (-48%) 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
฿6,050,000
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.
฿3,420/mo
Est. Rent
฿27,900/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.
18
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 The Bangkok Narathiwas, and the current sales price.
6%

Project Details

Project Name: The Bangkok Narathiwas
Developer: N/A
Construction: Completed (Dec 2005)
Floors: 8
Buildings: N/A
Units: 294
Project Area: 13,440 SqM
Nearest Landmark Chong Nonsi BTS - 1.7 Km
Location: Yan Nawa, Sathon, Bangkok
The Bangkok Narathiwas 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
Sauna Sauna

Available Units at The Bangkok Narathiwas

For Sale 6 For Rent 4

Loan Calculator

Frequently asked questions

The common area maintenance fee is ฿45 per square meter based on the size of indoor area of the property and is ฿3,420 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.
Chong Nonsi BTS is the nearest BTS from The Bangkok Narathiwas and it is 1.7 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 Bangkok Narathiwas 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 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Low-rise condominium by Land&houses
4 Marwin R., Thailand, 3 years ago
I had been looking for a second-hand condo at an affordable price, which won't be a long-term burden. Plus, it should be easy to get to the Sathorn area, and I found the place. First, I wasn't sure if I should go for it, but the project is from Land & Houses, a big-name developer of Thailand, so I think it would be fine. I visited the project. The buildings are not very tall, just 8 floors with a swimming pool in the middle of the project from the outside. The surrounding looks shady, making me feel relaxed. The room is nice at the size of 56 sq.m. It's a modern style decorated with good materials and built-in furniture. The living room is spacious and can place a 4-seat dining table without feeling cramped. The project is located behind Makro Sathorn, along with the neighborhood of the project, there are a grocery market and convenient store that makes life more convenient. The transportation here is also convenient. You can take several shortcuts around the project if you use a car. Near the project, there are public buses such as Krungthep Technical BRT Station and Chong Nonsi BTS, which is about 2 kilometers away.

Bangkok

Yan Nawa

Neighborhood Overview

Location and Neighborhood

Street View

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Location
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