2 Bedroom Condo for sale at The Parkland Ratchada-Thapra

5 (1 Review)
Dao Khanong, Thon Buri,Bangkok
Unit ID: U270347
3% Rental Yield
฿5,500,000 Great Price
2 Bedrooms
2 Bathrooms
60 SqM Size
25 Floor
Oct 2009 Completed

About This Condo

This property is a 60 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Parkland Ratchada-Thapra project in Dao Khanong, Bangkok and was completed in Oct 2009. You can buy this condo for a base price of ฿5,500,000 (฿91,667/SqM).

Features

BalconyBalcony TVTV

Basic Information

Property Type Condo
Floor 25
Bedrooms 2
Size 60 SqM
Price per SqM ฿91,667
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, 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.
N/A
Listed By
Private Owner
Date Listed Jan 5, 2020
Last Updated 2 years ago
Unit ID U270347

Price Analysis

Great Price
Estimated market value ฿6,650,165
Great
฿4,210,000
Good
Fair
Above
฿8,710,000
Current asking Price: ฿5,500,000 | Rental estimate: ฿15,800/mo
This condo is ฿1,150,165 BELOW MARKET (-17%) 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
฿5,500,000
Est. Rent
฿15,800/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.
29
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 Parkland Ratchada-Thapra, and the current sales price.
3%

Project Details

Developer: Narai Property
Construction: Completed (Oct 2009)
Floors: 29
Buildings: 1
Units: 734
Project Area: 3,100 SqM
Nearest Landmark Talat Phlu BTS - 0.5 Km
Location: Dao Khanong, Thon Buri, Bangkok
The Parkland Ratchada-Thapra 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Parkland Ratchada-Thapra

  • Communal Pool
    7th Floor
  • Communal Gym
    7th Floor

Available Units at The Parkland Ratchada-Thapra

For Sale 1 For Rent 2
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Available Units at The Parkland Ratchada-Thapra
฿91,667
Great Price
Beds 2 Beds
Baths 2 Baths
Size 60 SqM Size
Floor 25 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Parkland Ratchada-Thapra
-
Beds 2 Beds
Baths 1 Baths
Size 60 SqM Size
Floor 27 Floor
Thai Quota Fully Furnished City View
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Available Units at The Parkland Ratchada-Thapra
-
Beds 1 Beds
Baths 1 Baths
Size 48 SqM Size
Floor 7 Floor
Fully Furnished Pool View
Get notified when new homes are being added to The Parkland Ratchada-Thapra

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Frequently Asked Questions

No pets are allowed at The Parkland Ratchada-Thapra unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Talat Phlu BTS is the nearest BTS from The Parkland Ratchada-Thapra and it is 0.5 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 Parkland Ratchada-Thapra 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

Do you own a property at The Parkland Ratchada-Thapra?

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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 deal for investment, Worth it!
5 Tien Hu, Thailand, 4 years ago
It was the right decision that I had bought this room since my uni life, and after I graduated, I also got a job nearby. So living for a long time is, at least, worth more than renting for sure. Monthly installment payment is not very expensive. It is affordable if you have a salary of 30K. The project has common areas such as a swimming pool, a fitness center, a library, and a parking lot. Don't be worried about safety if you live alone because this condo is very strict about who enters and exits, which is very reassuring. The project's location is excellent. It's next to the main road near The Mall Lifestore Thapra and ICONSIAM, less than 10 mins drive.
Bangkok
Dao Khanong

Neighborhood Overview

Location and Neighborhood

Street View

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