Narathorn Place

3.71 (4 Reviews)

Thung Mahamek, Sathon,Bangkok

Unit ID: U61832
฿59,000,000 ฿65,000,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
484 SqM Size
Floors
3 Floor
Construction
Dec 2004 Completed

3 Bedroom Condo for sale at Narathorn Place

This property is a 484 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Narathorn Place project in Thung Mahamek, Bangkok and was completed in Dec 2004. You can buy this condo for a base price of ฿59,000,000 (฿121,901/SqM).

Features

Wet BarWet Bar BalconyBalcony

Basic Information

Property Type Condo
Floor 3
Bedrooms 3
Size 484 SqM
Price per SqM ฿121,901
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) Pool 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.
฿19,360/mo
Listed By
Private Owner
Date Listed Jan 26, 2018
Last Updated 1 year ago
Unit ID U61832

3D Walkthrough

Price Analysis

Fair Price
Estimated market value ฿58,079,625
Great
฿39,300,000
Good
Fair
Above
฿81,100,000
Current asking Price: ฿59,000,000
This condo is ฿920,375 ABOVE MARKET (2%) 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
฿59,000,000
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.
฿19,360/mo

Project Details

Project Name: Narathorn Place
Construction: Completed (Dec 2004)
Floors: 12
Buildings: 1
Units: 22
Project Area: 1,596 SqM
Nearest Landmark Chong Nonsi BTS - 0.5 Km
Location: Thung Mahamek, Sathon, Bangkok
Narathorn Place 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Narathorn Place

  • Communal Pool
    1st Floor

Available Units at Narathorn Place

Loan Calculator

Frequently asked questions

No pets are allowed at Narathorn Place 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 ฿19,360 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 Narathorn Place the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Chong Nonsi BTS is the nearest BTS from Narathorn Place 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 Narathorn Place 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

3.7 out of 5 3.71
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good atmosphere, shady and pleasant.
3.8 Graciela Maguire, Mexico, 2 years ago
The atmosphere inside the condo is pleasant. The area around the building is covered with trees. The garden is especially shady during the day or afternoon, where I often enjoy bringing my children to the lounge. I have lived here for many years because it is close to the workplace and convenient to travel to. It is also situated in an area with complete facilities and easy access, no need for long travel times. Most importantly, it's safe here. There is enough parking. The condo interior is quiet, and the neighbors are not noisy and friendly, very pleasant to live in.
Near BTS station, very comfy
4 Marta Brunson, United States, 2 years ago
The atmosphere is livable, shady, and cozy like home. This is a large 3- bedroom suite at 484 sq m. The room is clean and modernly decorated. The living space is functionally allocated with complete furniture. Just grab your luggage, and move in. The location is also convenient and adjacent to Narathiwat Road. Easy to travel, close to Chong Nonsi BTS, 600 meters away.
Condo near the office with a large swimming pool
3 Titta Lee, Thailand, 3 years ago
I decided to buy a condo here because it is near the office and convenient to travel to. Usually, we use public transport and walk to Chong Nonsi BTS for only 10 minutes. Sometimes we use a private car because it's more convenient because the traffic in this area is not terrible compared to other locations. Although the condo here is quite old, the interior design is beautiful, clean, and well-maintained. What I love is that the amenities are excellent. At first, I liked it because the pool was big. Anyway, when I stay here, I don't swim much. It is a reasonable condo compared to the price and location.
Good condo near the office, convenient to travel
4 Parker Dimeo, Australia, 3 years ago
The condo site is warm and pleasant. The communal pool is also clean, and the security system is 24 hours a day, excellent care. I bought a condo here for a while. Here, everything is complete as needed. It is also close to my office and convenient to travel anywhere. You can either take Lumpini MRT or taxi services. The condo provides 3 bedrooms with a good space zone. The room decoration is well-designed and made. Moreover, the project facilities are convenient and facilitate life, for example, a fitness center, a communal pool, and car parking. All are considered as good as the location is good and the travel is convenient.

Bangkok

Thung Mahamek

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