NC Royal Pinklao

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Thawi Watthana, Thawi Watthana,Bangkok

Unit ID: U573724
฿14,500,000
Bedroom
4 Bedrooms
Bathroom
4 Bathrooms
Indoor Area
315 SqM Indoor Area
Stairs
2 Storeys
Construction
Dec 2018 Completed

4 Bedroom House for sale at NC Royal Pinklao

This property is a 315 SqM house with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the NC Royal Pinklao project in Thawi Watthana, Bangkok and was completed in Dec 2018. You can buy this house for a base price of ฿14,500,000 (฿46,032/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type House
Storeys 2
Location Thawi Watthana, Thawi Watthana, Bangkok
Bedrooms 4
Nearest Landmark Bang Phai MRT -3.5 Km
Indoor Area 315 SqM
Price per SqM ฿46,032
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 412 SqM
House Ownership

Foreign nationals can own the building (house) in their own name but not the land that it stands on.

Thai Ownership
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

Thai Ownership
Land Title Deed N/A
Construction Completed (Dec 2018)
Furniture
Unfurnished
View(s) Garden View
Unit Type N/A
Parking Spots 4
Pool Size 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.
฿10,300/mo
Listed By
Private Owner
Date Listed May 17, 2020
Last Updated 7 months ago
Unit ID U573724

Price Analysis

Fair Price
Estimated market value ฿14,159,597
Great
฿9,410,000
Good
Fair
Above
฿17,700,000
Current asking Price: ฿14,500,000
This house is ฿340,403 ABOVE MARKET (2%) in the Bangkok area. It is analyzed against similar houses 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
฿14,500,000
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.
฿10,300/mo

Project Details

Project Name: NC Royal Pinklao
Developer: NC Group
Construction: Completed (Dec 2018)
Units: 60
Project Area: N/A
Nearest Landmark Bang Phai MRT - 3.5 Km
Location: Thawi Watthana, Thawi Watthana, Bangkok
NC Royal Pinklao Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone

Available Units at NC Royal Pinklao

Loan Calculator

Frequently asked questions

The common area maintenance fee is ฿25 per square meter based on the plot size of the property and is ฿10,300 for this house. 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 NC Royal Pinklao the required payment for the sinking fund is ฿25 per square meter based on the size of the plot size of the property.
Bang Phai MRT is the nearest MRT from NC Royal Pinklao and it is 3.5 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at NC Royal Pinklao you have to follow these steps:

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


 

Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

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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Bangkok

Thawi Watthana

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