2 Bedroom Condo for sale at Prime Mansion Sukhumvit 31

(1 Review)
Khlong Toei Nuea, Watthana,Bangkok
Unit ID: U217361
4% Rental Yield
2 Bedrooms
3 Bathrooms
120 SqM Size
11 Floor
Mar 2008 Completed

About This Condo

This property is a 120 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Prime Mansion Sukhumvit 31 project in Khlong Toei Nuea, Bangkok and was completed in Mar 2008. You can buy this condo for a base price of ฿15,600,000 (฿130,000/SqM).

Features

Pool AccessPool Access Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Oct 28, 2019
Updated 3 years ago
Property Type Condo
Floor 11
Bedrooms 2
Size 120 SqM
Price per SqM ฿130,000
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) N/A
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.
฿5,000/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U217361

Price Analysis

Fair Price
Estimated market value ฿16,033,793
Great
฿12,000,000
Good
Fair
Above
฿22,700,000
Current asking Price: ฿15,600,000 | Rental estimate: ฿51,400/mo
This condo is ฿433,793 BELOW MARKET (-3%) 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.
฿5,000/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.
25
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 Prime Mansion Sukhumvit 31, and the current sales price.
4%

Project Details

Developer: Prime Mansion
Construction: Completed (Mar 2008)
Floors: 15
Buildings: 1
Units: 70
Project Area: 2,028 SqM
Nearest Landmark Sukhumvit MRT - 0.4 Km
Location: Khlong Toei Nuea, Bangkok
Prime Mansion Sukhumvit 31 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
Reception / Lobby Area Reception / Lobby Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Prime Mansion Sukhumvit 31

  • Communal Pool
    4th Floor
  • Communal Gym
    4th Floor
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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 Sukhumvit 31.
The common area maintenance fee is ฿66 per square meter based on the size of indoor area of the property and is ฿5,000 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 Prime Mansion Sukhumvit 31 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 Prime Mansion Sukhumvit 31 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
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Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
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Reviews

2.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is a quiet condo,in the Sukhumvit area
Isabella M., Spain, 6 years ago
It is a quiet condo, even in the heart of the Sukhumvit area. I made an annual contract because I thought it would be convenient to work in the neighborhood. You can use a motorbike service to get to Phrom Phong BTS station as it takes only 5-10 minutes. I often go shopping at The Emporium at the weekend cause it's the closest mall. If talking about the room, it has been excellently renovated with good quality furnishings. My room is on a high floor, so it's very airy. The room is 2 bedrooms and 2 bathrooms that are spacious and well proportioned. I think the interior is pretty nice. The common area is clean and maintained. Anyway, the parking lot here is not enough for the residents, and the staff is not friendly. They always dismissed and ignored all the complaints. These weaknesses should be improved.
Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Prime Mansion Sukhumvit 31

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