My Resort at River

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Bang Phlat, Bang Phlat,Bangkok

Unit ID: U589862
4% Rental Yield
฿21,000,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
177 SqM Size
Floors
8 Floor
Construction
Jan 2012 Completed

3 Bedroom Condo for sale at My Resort at River

This property is a 177 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the My Resort at River project in Bang Phlat, Bangkok and was completed in Jan 2012. You can buy this condo for a base price of ฿21,000,000 (฿118,644/SqM) and it is also available for long term rentals starting from ฿70,000 per month.

Spacious (177m2) apartment with 3 bed-/bathrooms and balcony

Spacious (177m2) apartment with 3 bed-/bathrooms, fully furnished with imported furniture. The apartment is on the 8th floor of a high end, quiet and private condominium. There are 3 bedrooms with adjoining bathrooms, a large living/dining/relax room, a fully equipped kitchen and a spacious balcony. From there and all the rooms you have a fantastic view of the river. It is a quiet condominium with all amenities like swimming pool, fitness center/sauna, tennis & squash courts at the site

Features

TerraceTerrace Covered ParkingCovered Parking BalconyBalcony MicrowaveMicrowave TVTV TruevisionTruevision Access to BTS/MRTAccess to BTS/MRT

Basic Information

Property Type Condo
Floor 8
Bedrooms 3
Size 177 SqM
Price per SqM ฿118,644
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
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) River or Canal View, Pool View, Garden View, Unblocked Open 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.
฿8,000/mo
Listed By
Private Owner
Date Listed May 26, 2020
Last Updated 6 months ago
Unit ID U589862

Price Analysis

Above Average
Estimated market value ฿15,931,154
Great
฿13,900,000
Good
Fair
Above
฿18,000,000
Current asking Price: ฿21,000,000 | Advertised rental rate: ฿70,000/mo
This condo is ฿5,068,846 ABOVE MARKET (32%) 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
฿21,000,000
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.
฿8,000/mo
Rent
฿70,000/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.
25
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: My Resort at River
Construction: Completed (Jan 2012)
Floors: 37
Buildings: 1
Units: 123
Project Area: 6,084 SqM
Nearest Landmark Bang Phlat MRT - 0.4 Km
Location: Bang Phlat, Bang Phlat, Bangkok
My Resort at River 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
Tennis Court Tennis Court
Library / Reading Room Library / Reading Room

Popular Facilities at My Resort at River

  • Communal Pool
    4th Floor
  • Library / Reading Room
    4th Floor

Available Units at My Resort at River

For Sale 26 For Rent 1
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Available Units at My Resort at River
฿96,230
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Beds 2 Beds
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Size 175.62 SqM Size
Floor 22 Floor
Foreign Quota Partly Furnished River or Canal View
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Available Units at My Resort at River
฿96,230
Good Price
Beds 2 Beds
Baths 3 Baths
Size 175.62 SqM Size
Floor 25 Floor
Foreign Quota Partly Furnished River or Canal View
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Available Units at My Resort at River
฿96,571
Good Price
Beds 2 Beds
Baths 3 Baths
Size 175 SqM Size
Floor 21 Floor
Foreign Quota Partly Furnished River or Canal View
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Available Units at My Resort at River
฿104,205
Good Price
Beds 2 Beds
Baths 3 Baths
Size 162.18 SqM Size
Floor 24 Floor
Foreign Quota Partly Furnished River or Canal View
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Available Units at My Resort at River
฿94,609
Good Price
Beds 2 Beds
Baths 3 Baths
Size 178.63 SqM Size
Floor 26 Floor
Foreign Quota Partly Furnished River or Canal View
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Available Units at My Resort at River
฿104,205
Good Price
Beds 2 Beds
Baths 3 Baths
Size 162.18 SqM Size
Floor 25 Floor
Foreign Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at My Resort at River
฿96,230
Good Price
Beds 2 Beds
Baths 3 Baths
Size 175.62 SqM Size
Floor 24 Floor
Foreign Quota Partly Furnished River or Canal View
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Available Units at My Resort at River
฿118,644
Beds 3 Beds
Baths 3 Baths
Size 177 SqM Size
Floor 8 Floor
Foreign Quota Negotiable River or Canal View
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Available Units at My Resort at River
฿95,147
Good Price
Beds 2 Beds
Baths 3 Baths
Size 177.62 SqM Size
Floor 6 Floor
Foreign Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at My Resort at River
฿96,571
Good Price
Beds 2 Beds
Baths 3 Baths
Size 175 SqM Size
Floor 10 Floor
Foreign Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at My Resort at River
฿96,571
Good Price
Beds 2 Beds
Baths 3 Baths
Size 175 SqM Size
Floor 12 Floor
Foreign Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at My Resort at River
฿96,571
Good Price
Beds 2 Beds
Baths 3 Baths
Size 175 SqM Size
Floor 7 Floor
Foreign Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at My Resort at River
฿96,571
Good Price
Beds 2 Beds
Baths 3 Baths
Size 175 SqM Size
Floor 16 Floor
Foreign Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at My Resort at River
฿96,571
Good Price
Beds 2 Beds
Baths 3 Baths
Size 175 SqM Size
Floor 19 Floor
Foreign Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at My Resort at River
฿104,205
Good Price
Beds 2 Beds
Baths 3 Baths
Size 162.18 SqM Size
Floor 24 Floor
Foreign Quota Partly Furnished River or Canal View
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Available Units at My Resort at River
฿104,676
Good Price
Beds 2 Beds
Baths 3 Baths
Size 161.45 SqM Size
Floor 11 Floor
Foreign Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at My Resort at River
฿96,230
Good Price
Beds 2 Beds
Baths 3 Baths
Size 175.62 SqM Size
Floor 23 Floor
Foreign Quota Partly Furnished River or Canal View
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Available Units at My Resort at River
฿96,066
Good Price
Beds 2 Beds
Baths 3 Baths
Size 175.92 SqM Size
Floor 26 Floor
Foreign Quota Partly Furnished River or Canal View
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Available Units at My Resort at River
฿104,109
Good Price
Beds 2 Beds
Baths 3 Baths
Size 162.33 SqM Size
Floor 26 Floor
Foreign Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at My Resort at River
฿96,571
Good Price
Beds 2 Beds
Baths 3 Baths
Size 175 SqM Size
Floor 12 Floor
Foreign Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at My Resort at River
฿104,676
Good Price
Beds 2 Beds
Baths 3 Baths
Size 161.45 SqM Size
Floor 11 Floor
Foreign Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at My Resort at River
฿104,676
Good Price
Beds 2 Beds
Baths 3 Baths
Size 161.45 SqM Size
Floor 21 Floor
Foreign Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at My Resort at River
฿104,109
Good Price
Beds 2 Beds
Baths 3 Baths
Size 162.33 SqM Size
Floor 26 Floor
Foreign Quota Partly Furnished River or Canal View
Get notified when new homes are being added to My Resort at River

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%

Frequently asked questions

No pets are allowed at My Resort at River 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 ฿45 per square meter based on the size of indoor area of the property and is ฿8,000 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At My Resort at River the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Bang Phlat MRT is the nearest MRT from My Resort at River and it is 0.4 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 My Resort at River you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
20%
2nd Installment
On handover
80%

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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