2 Bedroom Condo for sale at Liberty Park 2

(1 Review)
Khlong Toei Nuea, Watthana,Bangkok
Unit ID: U62164
5% Rental Yield
2 Bedrooms
2 Bathrooms
108 SqM Size
17 Floor
Dec 1998 Completed

About This Condo

This property is a 108 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Liberty Park 2 project in Khlong Toei Nuea, Bangkok and was completed in Dec 1998. You can buy this condo for a base price of ฿8,250,000 (฿76,389/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jan 31, 2018
Updated 3 years ago
Property Type Condo
Floor 17
Bedrooms 2
Size 108 SqM
Price per SqM ฿76,389
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%.

Foreign 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) Blocked 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.
฿1,620/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U62164

Price Analysis

Great Price
Estimated market value ฿9,451,875
Great
฿8,990,000
Good
Fair
Above
฿9,700,000
Current asking Price: ฿8,250,000 | Rental estimate: ฿35,700/mo
This condo is ฿1,201,875 BELOW MARKET (-13%) 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.
฿1,620/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.
19
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 Liberty Park 2, and the current sales price.
5%

Project Details

Project Name: Liberty Park 2
Developer: N/A
Construction: Completed (Dec 1998)
Floors: 23
Buildings: N/A
Units: 136
Project Area: N/A
Nearest Landmark Nana BTS - 0.7 Km
Location: Khlong Toei Nuea, Bangkok
Liberty Park 2 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
Close
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This condo was reserved by another buyer but check out these similar properties

Available Units at Liberty Park 2

For Sale 6 For Rent 12
Get notified when new homes are being added to Liberty Park 2
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Frequently Asked Questions

No pets are allowed at Liberty Park 2 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 ฿15 per square meter based on the size of indoor area of the property and is ฿1,620 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.
Nana BTS is the nearest BTS Station from Liberty Park 2 and it is 0.7 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 Liberty Park 2 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

3.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo looks old, but the maintenance is very good.
Janrung Tiwa, Thailand, 6 years ago
The condo here looks old, but I think the maintenance is very good. The rooms are fully-equipped with built-in furniture and an open kitchen area. Here it is very spacious, comfortable, and convenient, allows with a small balcony. They are proportionate, and standard quality materials provided. The common area includes a swimming pool, living room, garden, and car parking areas. The project is in a location that is not crowded but still able to travel easily. Taxis are running throughout the whole day. In addition, there are many convenience stores around the project. If walking to Nana BTS Station, it takes only 15 minutes. At the same time, the project is near the Terminal 21 shopping mall and can easily find food to eat in the Sukhumvit area. The project here is suitable for people who work in the city and want peaceful accommodation. Quality location is considered worth the investment.
Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Liberty Park 2

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Location
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Number of units
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Year Built
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Location
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Number of units
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Khlong Toei Nuea, Watthana, Bangkok
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Monthly Rentals
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Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
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N/A
Year Built
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Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
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Year Built
Dec 2003
Completion Status
Completed
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