Royal Castle

3.58 (2 Reviews)

Khlong Tan Nuea, Watthana,Bangkok

Unit ID: U1038846
4% Rental Yield
฿13,500,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
148.66 SqM Size
Floors
16 Floor
Construction
Dec 1993 Completed

3 Bedroom Condo for sale at Royal Castle

This property is a 148.66 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Royal Castle project in Khlong Tan Nuea, Bangkok and was completed in Dec 1993. You can buy this condo for a base price of ฿13,500,000 (฿90,811/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 16
Bedrooms 3
Size 148.66 SqM
Price per SqM ฿90,811
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.
฿5,203/mo
Listed By
Private Owner
Date Listed Oct 27, 2021
Last Updated 1 month ago
Unit ID U1038846

Investment Opportunity: Charges & Yield

Sale Price
฿13,500,000
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.
฿5,203/mo
Est. Rent
฿46,300/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.
24
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 3 bedroom condos at Royal Castle, and the current sales price.
4%

Project Details

Project Name: Royal Castle
Developer: T.H.Y. Real Estate
Construction: Completed (Dec 1993)
Floors: 24
Buildings: 1
Units: 146
Project Area: N/A
Nearest Landmark Phrom Phong BTS - 0.5 Km
Location: Khlong Tan Nuea, Watthana, Bangkok
Royal Castle Project Details

Project Features

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
Outdoor Putting Green Outdoor Putting Green
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Royal Castle

  • Reception / Lobby Area
    1st Floor
  • Communal Pool
    7th Floor

Available Units at Royal Castle

For Sale 5 For Rent 8
Get notified when new homes are being added to Royal Castle

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Frequently asked questions

No pets are allowed at Royal Castle 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 ฿35 per square meter based on the size of indoor area of the property and is ฿5,203 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 Royal Castle the required payment for the sinking fund is ฿550 per square meter based on the size of the indoor area of the property.
Phrom Phong BTS is the nearest BTS from Royal Castle 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 Royal Castle 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

3.6 out of 5 3.58
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Ideal if you are looking for large units
4.2 Maxime Lienard, Visitor, 1 year ago
The main point of this building is the big and large units - basically good space for a family. Large living room area and kitchen.
The condo is quite old but it is big and spacious.
3 Mari A., Mexico, 2 years ago
I just moved in for a while. I think the condo is quite old, but it is big and spacious. Located in the middle of a busy alley, and there is a taxi passing through all the time. Only about 10 minutes away from Phrom Phong BTS station. The room I stayed in was a 3-bedroom room and a very large area suitable for 3-5 people. The downside is that the car park is too small, and sometimes there is some noise from the outside. However, I think this place is worth the investment because the location is good.

Bangkok

Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

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