2 Bedroom Condo for sale at Ivy River

(1 Review)
Bang Pakok, Rat Burana,Bangkok
Unit ID: U42133
5% Rental Yield
Tenant-Occupied until Nov 30, 2024
2 Bedrooms
2 Bathrooms
114 SqM Size
31 Floor
Dec 2008 Completed

About This Condo

This property is a 114 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Ivy River project in Bang Pakok, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿12,400,000 (฿108,772/SqM) and it is also available for long term rentals starting from ฿49,000 per month.

Features

Covered ParkingCovered Parking BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Dec 6, 2017
Updated 1 week ago
Property Type Condo
Floor 31
Bedrooms 2
Size 114 SqM
Price per SqM ฿108,772
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) 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.
฿3,420/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U42133

Price Analysis

Fair Price
Estimated market value ฿12,157,101
Great
฿8,530,000
Good
Fair
Above
฿14,800,000
Current asking Price: ฿12,400,000 | Advertised rental rate: ฿49,000/mo
This condo is ฿242,899 ABOVE MARKET (2%) 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
฿12,400,000
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.
฿3,420/mo
Rent
฿49,000/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.
21
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: Ivy River
Developer: Pruksa Real Estate
Construction: Completed (Dec 2008)
Floors: 32
Buildings: 3
Units: 1265
Project Area: 16,532 SqM
Nearest Landmark Talat Phlu BTS - 3.4 Km
Location: Bang Pakok, Bangkok
Ivy River 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area

Available Units at Ivy River

For Sale 8 For Rent 8
Get notified when new homes are being added to Ivy River
View All (8)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Ivy River 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 ฿30 per square meter based on the size of indoor area of the property and is ฿3,420 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.
Talat Phlu BTS is the nearest BTS Station from Ivy River and it is 3.4 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 Ivy River 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

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A second-hand condo
Anurak Choochuay, Thailand, 7 years ago
I decided to buy a second-hand room here. It is now in the contracting process. The main reason why I decided to buy a condo here is that it is close to work and not far from amenities such as the Big C department store, only 5 minutes drive away. In addition, the room has a spacious living area and, most importantly, fully furnished, ready to move in, no need to buy anything more, suitable for single men like me. Oh, besides, my best friend lives in this condo too. Previously, I often visited my friends in the room, so I liked the quiet condo atmosphere. And it would be nice if after work each day I went back to my room to see the beautiful atmosphere of the Chao Phraya River like my friend. There are many facilities such as a swimming pool, fitness center, sauna, and many others for the common area.
Bangkok
Bang Pakok

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Ivy River

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Location
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฿2.43M
Monthly Rentals
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Year Built
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Completion Status
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Location
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Number of units
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฿1.75M - ฿2.47M
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
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Number of units
493
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฿1.7M - ฿2.91M
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Year Built
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Location
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Number of units
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Monthly Rentals
฿7.5K
Year Built
Nov 2019
Completion Status
Completed
Location
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Number of units
892
Sales Prices
฿2.3M
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Monthly Rentals
฿7.5K
Year Built
Jan 2015
Completion Status
Completed
Location
Bang Pakok, Rat Burana, Bangkok
Number of units
45
Sales Prices
฿32M
▲ 32% overpriced
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Bang Pakok, Rat Burana, Bangkok
Number of units
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Sales Prices
฿116M - ฿511M
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Off Plan
Project Name
Supalai Casa Riva
Location
Bang Kho Laem, Rat Burana, Bangkok
Number of units
822
Sales Prices
฿2.78M - ฿19.5M
▼ -6.3% underpriced
Monthly Rentals
฿10K - ฿75K
Year Built
Dec 2006
Completion Status
Completed
Location
Bang Kho Laem, Rat Burana, Bangkok
Number of units
312
Sales Prices
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Monthly Rentals
N/A
Year Built
Jan 2004
Completion Status
Completed
Project Name
The Key Rama 3
Location
Bang Khlo, Rat Burana, Bangkok
Number of units
484
Sales Prices
฿3.55M - ฿15.8M
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Monthly Rentals
฿14.5K - ฿35K
Year Built
Mar 2022
Completion Status
Completed
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