2 Bedroom Condo for sale at Rise Charoennakhon Luxe Neo Classic

(1 Review)
Khlong San, Khlong San,Bangkok
Unit ID: U1007374
2 Bedrooms
1 Bathroom
49.50 SqM Size
5 Floor
Nov 2023 Completed

About This Condo

This property is a 49.50 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Rise Charoennakhon Luxe Neo Classic project in Khlong San, Bangkok and was completed in Nov 2023. You can buy this condo for a base price of ฿6,435,000 (฿130,000/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jun 25, 2021
Updated N/A
Property Type Condo
Floor 5
Bedrooms 2
Size 49.50 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%.

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) City View
Unit Type 2BR
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.
฿4,455/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1007374

Price Analysis

Good Price
Estimated market value ฿6,651,254
Great
฿6,620,000
Good
Fair
Above
฿7,000,000
Current asking Price: ฿6,435,000
This condo is ฿216,254 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

Sale Price
฿6,435,000
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.
฿4,455/mo

Project Details

Construction: Completed (Nov 2023)
Floors: 22
Buildings: 1
Units: 170
Project Area: 2,250 SqM
Nearest Landmark Charoen Nakorn BTS - 0.3 Km
Location: Khlong San, Bangkok
Rise Charoennakhon Luxe Neo Classic 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
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Rise Charoennakhon Luxe Neo Classic

  • Communal Pool
    18th Floor
  • Reception / Lobby Area
    1st Floor
  • Lounge
    18th Floor

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at Rise Charoennakhon Luxe Neo Classic 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 ฿90 per square meter based on the size of indoor area of the property and is ฿4,455 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Rise Charoennakhon Luxe Neo Classic the required payment for the sinking fund is ฿1,000 per square meter based on the size of the indoor area of the property.
Charoen Nakorn BTS is the nearest BTS Station from Rise Charoennakhon Luxe Neo Classic and it is 0.3 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 Rise Charoennakhon Luxe Neo Classic you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Very private and comfortable
Bianca J., United Kingdom, 2 years ago
The condo design is very luxurious. Every part of the project is beautifully decorated. There are few units, resulting in high privacy and conveniences all around. There are common areas and complete facilities, including the swimming pool, the lounge, the fitness center, etc. The project is just 650 meters from ICONSIAM, and there is a Charoen Nakhon BTS station in front of the alley. The rooms have many styles, ranging from 1 - 3 bedrooms and penthouses. The materials and furniture were all carefully selected. I am deciding which type of room to buy. I like them all.
Bangkok
Khlong San

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Rise Charoennakhon Luxe Neo Classic

Location
Number of units
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Monthly Rentals
Year Built
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Project Name
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Location
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Location
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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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