2 Bedroom Condo for sale at Floraville Condominium

(1 Review)
Suan Luang, Suan Luang,Bangkok
Unit ID: U672620
6% Rental Yield
Tenant-Occupied until Jan 1, 2025
2 Bedrooms
2 Bathrooms
105 SqM Size
6 Floor
Dec 1992 Completed

About This Condo

This property is a 105 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Floraville Condominium project in Suan Luang, Bangkok and was completed in Dec 1992. You can buy this condo for a base price of ฿4,830,000 (฿46,000/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

If you're looking for the perfect place to call home, look no further than this incredible 105 SqM condo in the Floraville Condominium project. This two bedroom, two bathroom stunner was completed just in time to celebrate Christmas 1992, and has been impeccably maintained in the years since. Imagine being able to move right in and being able to call this place 'home' - no need to worry or fuss over renovation or furnishing. You'll love enjoying this spacious and well-ventilated condo that is sure to provide a sense of serenity no matter the time of day. The Floraville Condominium project is located in the Suan Luang district of Bangkok, the hub of the city where you can enjoy the best of both worlds. Here, you'll be a stone's throw from the hustle and bustle of city life and a world away in the peaceful comfort of your home. 

Features

BalconyBalcony BathtubBathtub Renovated BathroomRenovated Bathroom (2021)

Basic Information

Date Listed Apr 10, 2023
Updated 1 month ago
Property Type Condo
Floor 6
Bedrooms 2
Size 105 SqM
Price per SqM ฿46,000
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) Pool View, Garden View, Unblocked Open View
Unit Type N/A
Building Building C
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.
฿2,730/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U672620

Price Analysis

Great Price
Estimated market value ฿5,638,081
Great
฿5,440,000
Good
Fair
Above
฿8,280,000
Current asking Price: ฿4,830,000 | Advertised rental rate: ฿25,000/mo
This condo is ฿808,081 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

Sale Price
฿4,830,000
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.
฿2,730/mo
Rent
฿25,000/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.
16
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.
6%

Project Details

Project Name: Floraville Condominium
Developer: N/A
Construction: Completed (Dec 1992)
Floors: 32
Buildings: 4
Units: 640
Project Area: N/A
Nearest Landmark Hua Mak ARL - 0.4 Km
Location: Suan Luang, Bangkok
Floraville Condominium 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

Available Units at Floraville Condominium

For Sale 10 For Rent 7
Get notified when new homes are being added to Floraville Condominium
View All (10)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Floraville Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Hua Mak ARL is the nearest Airport Rail Link Station from Floraville Condominium and it is 0.4 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 Floraville Condominium 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 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great condo
Mark L., Malaysia, 4 years ago
I'm the kind of person who likes spacious areas and the size of the 2 -bedroom unit that I bought is roomy enough. It's very comfortable for me. The decoration is absolutely to my taste. The room is well-equipped, and the common area totally suits my requirement. The condo is in Suan Luang, a potential neighborhood for rental business and long-term living. It's conveniently accessible to markets, shops, restaurants, and shopping malls where I often go shopping. By the way, the condo is close to Hua Mak ARL, making my journey a lot easier.
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Floraville Condominium

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
฿68M
▼ -8% underpriced
Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1084
Sales Prices
฿2.75M - ฿3.95M
▲ 18% overpriced
Monthly Rentals
฿9K - ฿23K
Year Built
May 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
296
Sales Prices
฿1.25M - ฿1.5M
▼ -31% underpriced
Monthly Rentals
฿7K - ฿7.5K
Year Built
Dec 2011
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
558
Sales Prices
฿5.8M
Monthly Rentals
฿12K - ฿30K
Year Built
Dec 2021
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1024
Sales Prices
฿1.78M - ฿4.12M
▲ 4.5% overpriced
Monthly Rentals
฿7K - ฿15K
Year Built
Sep 2019
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1613
Sales Prices
฿2.47M - ฿2.75M
▲ 35% overpriced
Monthly Rentals
฿7.5K - ฿22K
Year Built
Dec 2014
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
159
Sales Prices
฿1.52M - ฿3.6M
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
฿1.49M - ฿4.5M
Monthly Rentals
฿6.5K - ฿9K
Year Built
Dec 1992
Completion Status
Completed
Project Name
Vivid Tower
Location
Suan Luang, Suan Luang, Bangkok
Number of units
345
Sales Prices
฿2.09M - ฿4.3M
▲ 30% overpriced
Monthly Rentals
฿12K - ฿13.5K
Year Built
Dec 1994
Completion Status
Completed
Project Name
The Urban Reserve
Location
Suan Luang, Suan Luang, Bangkok
Number of units
17
Sales Prices
฿42M
▼ -7% underpriced
Monthly Rentals
N/A
Year Built
Jun 2019
Completion Status
Completed
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