Royal River Place

4.5 (1 Review)

Bang Phongphang, Yan Nawa,Bangkok

Unit ID: U65941
3% Rental Yield
฿28,000,000 ฿31,000,000 Great Price
Bedroom
3 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
326 SqM Size
Floors
28 Floor
Construction
Dec 1996 Completed

3 Bedroom Condo for sale at Royal River Place

This property is a 326 SqM condo with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the Royal River Place project in Bang Phongphang, Bangkok and was completed in Dec 1996. You can buy this condo for a base price of ฿28,000,000 (฿85,890/SqM) and it is also available for long term rentals starting from ฿80,000 per month.

Features

TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit Maids QuartersMaids Quarters

Basic Information

Property Type Condo
Floor 28
Bedrooms 3
Size 326 SqM
Price per SqM ฿85,890
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) River or Canal View, 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 Feb 21, 2018
Last Updated 6 months ago
Unit ID U65941

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿29,522,449
Great
฿27,300,000
Good
Fair
Above
฿29,500,000
Current asking Price: ฿28,000,000 | Advertised rental rate: ฿80,000/mo
This condo is ฿1,522,449 BELOW MARKET (-5%) 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
฿28,000,000
Rent
฿80,000/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.
29
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.
3%

Project Details

Project Name: Royal River Place
Construction: Completed (Dec 1996)
Floors: 41
Buildings: 1
Units: 145
Project Area: 3,520 SqM
Nearest Landmark Khlong Toei MRT - 5.5 Km
Location: Bang Phongphang, Yan Nawa, Bangkok
Royal River Place Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area
Squash Court Squash Court
Golf Simulator Golf Simulator
Back Up Generators Back Up Generators

Popular Facilities at Royal River Place

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    5th Floor
  • Tennis Court
    5th Floor

Available Units at Royal River Place

For Sale 2 For Rent 1
Get notified when new homes are being added to Royal River Place

Loan Calculator

Frequently asked questions

No pets are allowed at Royal River Place unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Khlong Toei MRT is the nearest MRT from Royal River Place and it is 5.5 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 River 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

Do you own a property at Royal River Place?

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Reviews

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxury project, excellent service
4.5 Apideth D., Thailand, 3 years ago
I have the opportunity to visit friends who live here. It's a luxurious project. The atmosphere is quiet, very pleasant to live. It's next to the Chao Phraya River. In addition, this location is very convenient, near there is INT, which is a small community mall with many famous restaurants there. My friend lives in a 3-bedrooms penthouse, which is spacious and clean. The security guards here provide good service. Nice one!

Bangkok

Bang Phongphang

Neighborhood Overview

Location and Neighborhood

Street View

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