The Parco Condominium

4.25 (2 Reviews)

Chong Nonsi, Yan Nawa,Bangkok

Unit ID: U644304
4% Rental Yield
฿15,900,000 ฿17,500,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
110 SqM Size
Floors
14 Floor
Construction
Dec 2011 Completed

2 Bedroom Condo for sale at The Parco Condominium

This property is a 110 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Parco Condominium project in Chong Nonsi, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of ฿15,900,000 (฿144,545/SqM) and it is also available for long term rentals starting from ฿50,000 per month.

A homey condo for rent & sale” Parco condo, floor 14 110 sqm. / 2 bed 2 bath / fully decorated

 Full set kitchenettes, island kitchen, spacious walk-in closet , shades, include kitchen appliances & fridge, etc.

Fully furnished & loads with decorations. This unit used to be the show unit of the project. Good value for money. 

 

 

Features

BalconyBalcony Full Western KitchenFull Western Kitchen Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Property Type Condo
Floor 14
Bedrooms 2
Size 110 SqM
Price per SqM ฿144,545
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, Unblocked Open View
Unit Type N/A
Building The Parco Condominium
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.
฿4,400/mo
Listed By
Private Owner
Date Listed Dec 2, 2020
Last Updated 1 year ago
Unit ID U644304

Price Analysis

Above Average
Estimated market value ฿13,108,992
Great
฿12,300,000
Good
Fair
Above
฿14,400,000
Current asking Price: ฿15,900,000 | Advertised rental rate: ฿50,000/mo
This condo is ฿2,791,008 ABOVE MARKET (21%) 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
฿15,900,000
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.
฿4,400/mo
Rent
฿50,000/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.
27
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: The Parco Condominium
Developer: Supreme Team
Construction: Completed (Dec 2011)
Floors: 28
Buildings: 1
Units: 148
Project Area: 4,584 SqM
Nearest Landmark Lumphini MRT - 1.9 Km
Location: Chong Nonsi, Yan Nawa, Bangkok
The Parco Condominium 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)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Party Hall / Group Entertainment Party Hall / Group Entertainment
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Parco Condominium

  • Communal Pool
    8th Floor
  • Communal Gym
    8th Floor
  • Communal Garden Area
    Ground Floor

Available Units at The Parco Condominium

For Sale 4 For Rent 6
Get notified when new homes are being added to The Parco Condominium

Loan Calculator

Frequently asked questions

No pets are allowed at The Parco Condominium 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 ฿40 per square meter based on the size of indoor area of the property and is ฿4,400 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.
Lumphini MRT is the nearest MRT from The Parco Condominium and it is 1.9 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 The Parco Condominium 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

4.3 out of 5 4.25
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
This condo suits my lifestyle
4.5 Kate Luis, Norway, 2 years ago
The atmosphere here is excellent. The building is surrounded by a small garden, giving a shady and relaxing atmosphere, a perfect hideaway from the city's hustle and bustle. Our room is on the 14th floor, giving you a panoramic view of the city. Unfortunately, it is not close to BTS and MRT stations, so it is not suitable for people who do not have their car. Overall, I like it here. It is very suitable for my lifestyle.
Excellent common area
4 Edgardo Mcgivney, Brazil, 2 years ago
An impressive condo for me, it's clean and complete facilities. Receptionists are friendly and excellent security guards, making the residents relax pleasantly. The room is private and tranquil, with no noises bothering from the outside. I can have leisure time comfortably. The location is also convenient for shopping, close to shopping malls and restaurants. However, it's better to use a private car because it's far from the BTS.

Bangkok

Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

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