2 Bedroom Condo for sale at Prime Mansion Promsri

2.83 (1 Review)
Khlong Tan Nuea, Watthana,Bangkok
Unit ID: U637614
5% Rental Yield
฿14,000,000 ฿15,450,000
2 Bedrooms
2 Bathrooms
121.35 SqM Size
5 Floor
Jan 2005 Completed

About This Condo

This property is a 121.35 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Prime Mansion Promsri project in Khlong Tan Nuea, Bangkok and was completed in Jan 2005. You can buy this condo for a base price of ฿14,000,000 (฿115,369/SqM) and it is also available for long term rentals starting from ฿55,000 per month.

Features

BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 5
Bedrooms 2
Size 121.35 SqM
Price per SqM ฿115,369
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
N/A
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.
฿6,068/mo
Listed By
Private Owner
Date Listed Oct 27, 2020
Last Updated 5 months ago
Unit ID U637614

3D Walkthrough

Price Analysis

Above Average
Estimated market value ฿11,753,551
Great
฿11,300,000
Good
Fair
Above
฿15,600,000
Current asking Price: ฿14,000,000 | Advertised rental rate: ฿55,000/mo
This condo is ฿2,246,449 ABOVE MARKET (19%) 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
฿14,000,000
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.
฿6,068/mo
Rent
฿55,000/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: Prime Mansion Promsri
Developer: Prime Mansion
Construction: Completed (Jan 2005)
Floors: 8
Buildings: 1
Units: 40
Project Area: N/A
Nearest Landmark Phrom Phong BTS - 0.9 Km
Location: Watthana, Bangkok
Prime Mansion Promsri 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
Steam Room Steam Room
Sauna Sauna
Back Up Generators Back Up Generators

Popular Facilities at Prime Mansion Promsri

  • Communal Pool
    2nd Floor
  • Communal Gym
    2nd Floor
  • Sauna
    2nd Floor

Available Units at Prime Mansion Promsri

For Sale 5 For Rent 8
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Available Units at Prime Mansion Promsri
-
Beds 2 Beds
Baths 2 Baths
Size 138 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished City View
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Available Units at Prime Mansion Promsri
฿115,369
Beds 2 Beds
Baths 2 Baths
Size 121.35 SqM Size
Floor 5 Floor
Thai Quota
Favorite
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Available Units at Prime Mansion Promsri
฿112,963
Beds 1 Beds
Baths 2 Baths
Size 91.18 SqM Size
Floor 4 Floor
Thai Quota
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Available Units at Prime Mansion Promsri
-
Beds 2 Beds
Baths 2 Baths
Size 120 SqM Size
Floor - Floor
Negotiable
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Available Units at Prime Mansion Promsri
-
Beds 2 Beds
Baths 2 Baths
Size 114 SqM Size
Floor - Floor
Negotiable
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Available Units at Prime Mansion Promsri
฿111,801
Beds 2 Beds
Baths 2 Baths
Size 88.55 SqM Size
Floor 5 Floor
Thai Quota
Favorite
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Available Units at Prime Mansion Promsri
-
Beds 2 Beds
Baths 2 Baths
Size 122 SqM Size
Floor 4 Floor
Fully Furnished City View
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Compare
Available Units at Prime Mansion Promsri
-
Beds 2 Beds
Baths 2 Baths
Size 89 SqM Size
Floor 4 Floor
Fully Furnished City View
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Available Units at Prime Mansion Promsri
฿97,826
Beds 2 Beds
Baths 2 Baths
Size 138 SqM Size
Floor - Floor
Thai Quota Partly Furnished City View
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Available Units at Prime Mansion Promsri
-
Beds 2 Beds
Baths 2 Baths
Size 109 SqM Size
Floor - Floor
Negotiable
Favorite
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Available Units at Prime Mansion Promsri
฿110,140
Beds 2 Beds
Baths 2 Baths
Size 145.27 SqM Size
Floor 4 Floor
Thai Quota Built In City View
Favorite
Compare
Available Units at Prime Mansion Promsri
-
Beds 2 Beds
Baths 2 Baths
Size 130 SqM Size
Floor - Floor
Negotiable
Get notified when new homes are being added to Prime Mansion Promsri

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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Prime Mansion Promsri.
The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿6,068 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.
Phrom Phong BTS is the nearest BTS Station from Prime Mansion Promsri and it is 0.9 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 Prime Mansion Promsri 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

2.8 out of 5 2.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Just a few facilities but all are excellently maintained.
2.8 Maya Tao, China, 4 years ago
There are a few facilities in the project, but all are excellently maintained. It includes a swimming pool with a kid's pool, a gym, passenger elevators, and a parking area. Any helps needed, you can ask the staff. I am very impressed with the room so much because it is spacious with good quality furniture. It is a ready-to-move-in! It is divided into zones, which there is a small open kitchen, comprising sinks, infrared stoves, and shelves. Besides, it is close to Phrom Phong BTS station or 15 minutes walking. There are also taxi running the whole day, yet it is close to leading department stores such as EmQuartier and Terminal 21. That's why there is a large number of foreigners living in this area. I think it is worth the price paid. The condo provides privacy and quiets, even in the center of the city.
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Prime Mansion Promsri

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
Tipamas Mansion
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
19
Sales Prices
N/A
Monthly Rentals
฿70.5K
Year Built
Jan 1993
Completion Status
Completed
Project Name
39 Suites
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
60
Sales Prices
฿12.1M
Monthly Rentals
฿25.2K - ฿40.3K
Year Built
Jan 1996
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
35
Sales Prices
฿7.05M - ฿15.3M
▼ -1% underpriced
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฿32.2K - ฿65.5K
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Completion Status
Completed
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Khlong Tan Nuea, Watthana, Bangkok
Number of units
27
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N/A
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฿83.6K - ฿181K
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Dec 2017
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
79
Sales Prices
฿4.53M - ฿11.1M
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Monthly Rentals
฿23.2K - ฿55.4K
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Dec 2007
Completion Status
Completed
Project Name
Aramvej Apartment
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
16
Sales Prices
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Monthly Rentals
฿55.4K - ฿70.5K
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Jan 2007
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Completed
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Yada Residential
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Sales Prices
฿9.57M - ฿13.6M
Monthly Rentals
฿40.3K - ฿60.4K
Year Built
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Completion Status
Completed
Project Name
Oscar Mansion
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
Jan 2006
Completion Status
Completed
Project Name
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Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
33
Sales Prices
N/A
Monthly Rentals
฿19.1K - ฿35.2K
Year Built
Jan 2005
Completion Status
Completed
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