2 Bedroom Condo for sale at Las Colinas

(7 Reviews)
Khlong Toei Nuea, Watthana,Bangkok
Unit ID: U78112
5% Rental Yield
2 Bedrooms
3 Bathrooms
195 SqM Size
25 Floor
Jan 1995 Completed

About This Condo

This property is a 195 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Las Colinas project in Khlong Toei Nuea, Bangkok and was completed in Jan 1995. You can buy this condo for a base price of ฿17,000,000 (฿87,179/SqM) and it is also available for long term rentals starting from ฿65,000 per month.

Features

BalconyBalcony

Basic Information

Date Listed Jun 21, 2018
Updated 3 years ago
Property Type Condo
Floor 25
Bedrooms 2
Size 195 SqM
Price per SqM ฿87,179
Pets Not Allowed
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View
Unit Type 2BR
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.
฿6,825/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U78112

Price Analysis

Great Price
Estimated market value ฿27,201,908
Great
฿21,400,000
Good
Fair
Above
฿37,100,000
Current asking Price: ฿17,000,000 | Advertised rental rate: ฿65,000/mo
This condo is ฿10,201,908 BELOW MARKET (-38%) 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.
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Investment Opportunity: Charges & Yield

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.
฿6,825/mo
Rent
฿65,000/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.
22
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.
5%

Project Details

Project Name: Las Colinas
Developer: Las Colinas
Construction: Completed (Jan 1995)
Floors: 44
Buildings: 1
Units: 198
Project Area: 7,249 SqM
Nearest Landmark Sukhumvit MRT - 0.1 Km
Location: Khlong Toei Nuea, Bangkok
Las Colinas 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
Squash Court Squash Court
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area

Popular Facilities at Las Colinas

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    10th Floor
  • Communal Gym
    10th Floor
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Available Units at Las Colinas

For Sale 11 For Rent 33
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Las Colinas.
The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿6,825 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.
Sukhumvit MRT is the nearest MRT Station from Las Colinas and it is 0.1 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 Las Colinas 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

4.1 out of 5
Based on
7 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A condo surrounded many amenities, near MRT and BTS
Ilse Premo, Germany, 3 years ago
Condo in a good location surrounded by many shopping malls, offices, and public parks like Benchasiri Park and Benjakitti Park. It's also easy and convenient to travel because it's close to BTS and MRT, yet you can either use your private car as its location is next to the main road. The room I stay in is large and spacious, but I got a Thai kitchen which is quite old, but it doesn't matter anyway. The facilities are complete, but I don't like the gym because its room is not open, no view offered. All staff are lovely, perfectly take care of their residents, and friendly. It's suitable for people who love the convenience.
Great location
Matthew Brashears, United States, 4 years ago
This condo location is great; it is very close to Sukhumvit MRT and Asoke BTS, less than 5 minutes away by foot. Most importantly, it is in the shopping area such as Terminal 21 shopping mall and various neighborhood amenities. I consider a location fast-growing. My room is on the top floor; it is a luxuriously decorated one-bedroom suite filled with excellent quality furniture giving an expansive view of the city. I must say that this condo is outstanding for investment opportunities.
Strongly recommend this place
Keitha Clem, United States, 5 years ago
Great condominium. The old building with an old-fashioned and luxurious style. All staff is friendly and helpful, especially security guards. There is a swimming pool, sauna, and gym to service for all residents. The room is clean with fully renovated and very spacious. Unfortunately, someday the water is not running, but the management team is working so fast. The location is close to BTS and MRT stations, just 130 meters. Moreover, it is close to Terminal 21 and Soi Cowboy (The nightlife street). If you’re not the one who likes to party, there might be boisterous places. I lived there only three months and have to go back to my country because of Corona19, but surely, if I have a chance to come back to Bangkok again, here would be the first place where I would stay. The location is close to BTS and Sukhumvit MRT, just 130 meters. Moreover, it is close to Terminal 21 and Soi Cowboy (The nightlife street). If you’re not the one who likes to party, there might be boisterous places. I lived there only three months and have to go back to my country because of Corona19, but surely, if I have a chance to come back to Bangkok again, here would be the first place where I would stay.
Cozy Condo Worth to Buy
Marylou Dries, Netherlands, 5 years ago
I bought a condo here two years ago, and I moved to stay last year. I first bought it; it looked aged and very messy. So I decided to renovate and change the look of the room to look newer than before. The results were amazing; the room was beautiful, clean, and cozy. I threw all the old furniture away and replaced it with the new modern, making this old condo looks spacious and lovely. The atmosphere inside the room is airy. I would say that this is worth buying it, not disappointed and feel comfortable stay.
Condo near MRT Sukhumvit, very convenient!
Tanna A., Thailand, 6 years ago
The condo is quite old, but it is still charming and beautiful. The interior has a very luxurious decoration with a great deal. The staff is friendly. Also, the security is good. I'm sure it's safe during the relaxation here, it's smooth without any problems. Besides, this condo is also close to Sukhumvit MRT Station, within walking distance of just 100 meters. It is very comfortable, or you may call for Grab services. It is considered very ok, good location, and good service as well, Satisfied!
Thr room was renovated with beautiful and new complete furniture
Tamiko Brault, Japan, 6 years ago
Getting a good condo in Thailand is not easy. It took me a long time to find one that I liked until my friend recommended it here. I didn't like it at first because I saw that the building was old and built for several years. When I went to see the room, it was renovated and beautiful and new with complete furniture and excellent quality. Well equipped kitchen. It's two bedrooms and three bathrooms separated proportionately, I felt like I had a new home in an excellent location. There is a space to welcome guests and party whenever I want. Transportation here is the most convenient because walking only 3 minutes to Sukhumvit MRT station and close to Asoke BTS station is only 5 minutes, close to Terminal 21 and Korean Town. The price is very high, but I am willing to pay because of the convenient location. The disadvantage is that the common areas look very ancient. If improving the quality of furniture and renovating in the common area to make it look modern will be Perfect !!
Nice and spacious condo
Allie Ellman, Germany, 7 years ago
The old condo is very wide and fully-furnished furniture. No disturbing noise from the neighbors at all. The facilities include a pool, a gym, a sauna, and a garden. On the weekend, if I don’t have any plan, I usually swim with my daughter or read. The condo is in a good location near department stores, schools, and my workplaces. The exterior is a bit ole but well-maintained. The only problem now is traffic in rush hours. I would recommend using the BTS if you don’t want to spend time on the road for hours.
Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

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