1 Bedroom Condo for sale at The Reserve Phahol-Pradipat

(1 Review)
Sam Sen Nai, Phaya Thai,Bangkok
Unit ID: U79407
4% Rental Yield
1 Bedroom
1 Bathroom
39.05 SqM Size
Dec 2019 Completed

About This Condo

This property is a 39.05 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Reserve Phahol-Pradipat project in Sam Sen Nai, Bangkok and was completed in Dec 2019. You can buy this condo for a base price of ฿5,000,000 (฿128,041/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jul 13, 2018
Updated 3 years ago
Property Type Condo
Floor N/A
Bedroom 1
Size 39.05 SqM
Price per SqM ฿128,041
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
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.
฿2,538/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 U79407

Price Analysis

Great Price
Estimated market value ฿5,816,665
Great
฿5,480,000
Good
Fair
Above
฿7,260,000
Current asking Price: ฿5,000,000 | Rental estimate: ฿18,300/mo
This condo is ฿816,665 BELOW MARKET (-14%) 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.
฿2,538/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.
23
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 1 bedroom condos at The Reserve Phahol-Pradipat, and the current sales price.
4%

Project Details

Developer: Pruksa Real Estate
Construction: Completed (Dec 2019)
Floors: 25
Buildings: N/A
Units: 260
Project Area: N/A
Nearest Landmark Saphan Khwai BTS - 1.6 Km
Location: Sam Sen Nai, Bangkok
The Reserve Phahol-Pradipat Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Close
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Frequently Asked Questions

No pets are allowed at The Reserve Phahol-Pradipat 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 ฿65 per square meter based on the size of indoor area of the property and is ฿2,538 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.
Saphan Khwai BTS is the nearest BTS Station from The Reserve Phahol-Pradipat and it is 1.6 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 The Reserve Phahol-Pradipat 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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nicely designed condo, great location, easy transport.
Bella Abdulla, Malaysia, 4 years ago
The condo is ready to move in, on Pradipat Road. The entrance is located at the beginning of Soi Pradiphat 23. The location is bustling but convenient. There is a 7-Eleven nearby within walking distance. The project is surrounded by many restaurants, shops, and facilities. The project is close to Saphan Khwai BTS, only 500 meters away. It is easy to walk to the station because there is a wide sidewalk along the way. Furthermore, the project has many types of units. The size starts from 28–48 sq.m. I rent a 1-bedroom loft-style unit. The room is extremely large, and the ceiling is quite high, making me feel comfortable living here. Most importantly, the project is full of facilities. There are swimming pools, fitness centers, gardens, and the security guard is always on duty.
Bangkok
Sam Sen Nai

Neighborhood Overview

Location and Neighborhood

Street View

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