2 Bedroom Condo for sale at Le Premier 1

(1 Review)
Khlong Toei Nuea, Watthana,Bangkok
Unit ID: U30589
3% Rental Yield
2 Bedrooms
2 Bathrooms
170.67 SqM Size
6 Floor
Jan 1992 Completed

About This Condo

This property is a 170.67 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Le Premier 1 project in Khlong Toei Nuea, Bangkok and was completed in Jan 1992. You can buy this condo for a base price of ฿17,000,000 (฿99,607/SqM).

Features

Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Date Listed Aug 9, 2017
Updated 3 years ago
Property Type Condo
Floor 6
Bedrooms 2
Size 170.67 SqM
Price per SqM ฿99,607
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 prop_99/unit_4329
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.
฿6,827/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 U30589

Price Analysis

Great Price
Estimated market value ฿20,226,586
Great
฿20,500,000
Good
Fair
Above
฿29,400,000
Current asking Price: ฿17,000,000 | Rental estimate: ฿36,600/mo
This condo is ฿3,226,586 BELOW MARKET (-16%) 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
฿17,000,000
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.
฿6,827/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.
39
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 2 bedroom condos at Le Premier 1, and the current sales price.
3%

Project Details

Project Name: Le Premier 1
Developer: Le Premier
Construction: Completed (Jan 1992)
Floors: 21
Buildings: 1
Units: 68
Project Area: 2,156 SqM
Nearest Landmark Sukhumvit MRT - 0.1 Km
Location: Khlong Toei Nuea, Bangkok
Le Premier 1 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
Squash Court Squash Court
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Le Premier 1

  • Communal Pool
    8th Floor
  • Communal Gym
    8th Floor

Available Units at Le Premier 1

For Sale 9 For Rent 8
Get notified when new homes are being added to Le Premier 1
View All (9)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Le Premier 1 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 ฿40 per square meter based on the size of indoor area of the property and is ฿6,827 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 Le Premier 1 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 Le Premier 1 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
Condo with facilities
Oscar Karlsson, Sweden, 9 years ago
My close friend stays in this condo, so I have a chance to visit him very often. During the summer, I moved to stay with him sometimes because his room is a 2-bedroom unit, which is very comfortable and spacious. It's in a contemporary style with red oak wooden floor. The location is amid prosperity such as malls, schools, offices, and the BTS, just 450 meters away! I only walk for 5 minutes. But mostly, I prefer to drive my car using Sukhumvit Expressway as it's very convenient. I have never missed spending time in common areas like the swimming pool and gym when I am here. Although I am not a resident, the staff here treats me very friendly, as if I owned the room here. They concern the residents' safety. Every time I drive my car to the parking lot, the guard will always recheck.
Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Le Premier 1

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
Project Name
Las Colinas
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
198
Sales Prices
฿11M - ฿170M
▼ -16.8% underpriced
Monthly Rentals
฿32.9K - ฿329K
Year Built
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Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
201
Sales Prices
฿8.29M - ฿71.9M
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Monthly Rentals
฿23K - ฿88.9K
Year Built
Dec 2019
Completion Status
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Project Name
Celes Asoke
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
217
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฿9.19M - ฿54.9M
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Monthly Rentals
฿30K - ฿270K
Year Built
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Completion Status
Completed
Project Name
Edge Sukhumvit 23
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
443
Sales Prices
฿6.19M - ฿17.6M
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Monthly Rentals
฿18K - ฿69.9K
Year Built
Dec 2016
Completion Status
Completed
Project Name
Ashton Asoke
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
783
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฿7.19M - ฿26M
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Monthly Rentals
฿22K - ฿110K
Year Built
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Completion Status
Completed
Location
Khlong Toei, Watthana, Bangkok
Number of units
117
Sales Prices
฿5.39M - ฿22M
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Monthly Rentals
฿18K - ฿49.9K
Year Built
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Completion Status
Completed
Location
Khlong Toei, Watthana, Bangkok
Number of units
60
Sales Prices
฿5.79M - ฿7.1M
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Monthly Rentals
฿17K - ฿47.9K
Year Built
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Completion Status
Completed
Location
Khlong Toei, Watthana, Bangkok
Number of units
192
Sales Prices
฿10.3M - ฿41.9M
▼ -11.5% underpriced
Monthly Rentals
฿20K - ฿130K
Year Built
Dec 2004
Completion Status
Completed
Project Name
Wind Sukhumvit 23
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
220
Sales Prices
฿6.49M - ฿19M
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Monthly Rentals
฿22K - ฿250K
Year Built
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Completion Status
Completed
Project Name
Walden Asoke
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
83
Sales Prices
฿5.27M - ฿11.1M
▼ -24.4% underpriced
Monthly Rentals
฿25K - ฿44K
Year Built
Apr 2020
Completion Status
Completed
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