2 Bedroom Condo for sale at Siamese Nang Linchee

 (Write Review)
Chong Nonsi, Yan Nawa,Bangkok
Unit ID: U79241
6% Rental Yield
2 Bedrooms
2 Bathrooms
66 SqM Size
7 Floor
Jul 2015 Completed

About This Condo

This property is a 66 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Siamese Nang Linchee project in Chong Nonsi, Bangkok and was completed in Jul 2015. You can buy this condo for a base price of ฿5,960,000 (฿90,303/SqM).

Experience Luxury and Elegance with the Nang Linchee Condo!

Are you looking for a luxurious Bangkok abode that exudes elegance and opulence? Then look no further: the Nang Linchee project condominium is up for sale! Immerse yourself in the upscale neighborhood of Chong Nonsi and envelop yourself in the glorious vibrancy and activity of Bangkok. This 2 bedroom, 2 bathroom condominium is perfect for today's modern urbanite with its state of the art amenities and unrivaled interior design. Apart from the superbly decorated living spaces and free-flowing circulation of air, this property comes with a generous expanse of 66 square meters that can be fully customized to meet your lifestyle needs. Built in the summer of 2015, this condominium is equipped with modern inclusions, from granite countertops to stainless steel appliances. With its affordable base price of ฿5,960,000, you can revel in its plentiful conveniences, such as a public swimming pool and a grand lobby—in addition to its elegant balconies and brand new facilities. What's more, you don't have to pay a high price per square meter at ฿90,303, making it an unbeatable investment choice. Live the high life and embrace the vibrant energy of Bangkok at the Nang Linchee condominium. Contact us today to get the process started!

Features

BalconyBalcony

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Condo
Floor 7
Bedrooms 2
Size 66 SqM
Price per SqM ฿90,303
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
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) Pool 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.
฿2,970/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 U79241

Price Analysis

Great Price
Estimated market value ฿8,696,589
Great
฿5,020,000
Good
Fair
Above
฿10,900,000
Current asking Price: ฿5,960,000 | Rental estimate: ฿27,600/mo
This condo is ฿2,736,589 BELOW MARKET (-31%) 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
฿5,960,000
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.
฿2,970/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.
18
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 Siamese Nang Linchee, and the current sales price.
6%

Project Details

Project Name: Siamese Nang Linchee
Construction: Completed (Jul 2015)
Floors: 8
Buildings: N/A
Units: 214
Project Area: N/A
Nearest Landmark Khlong Toei MRT - 3.2 Km
Location: Chong Nonsi, Bangkok
Siamese Nang Linchee 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
Reception / Lobby Area Reception / Lobby Area

Available Units at Siamese Nang Linchee

For Sale 4 For Rent 8
Get notified when new homes are being added to Siamese Nang Linchee
View All (4)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Siamese Nang Linchee 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 ฿45 per square meter based on the size of indoor area of the property and is ฿2,970 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.
Khlong Toei MRT is the nearest MRT Station from Siamese Nang Linchee and it is 3.2 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 Siamese Nang Linchee 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

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Bangkok
Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Siamese Nang Linchee

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
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
566
Sales Prices
฿2.78M - ฿9.49M
Monthly Rentals
฿13K - ฿22K
Year Built
Nov 2018
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
211
Sales Prices
฿8.99M - ฿19M
▲ 9% overpriced
Monthly Rentals
฿28K - ฿54.9K
Year Built
Dec 2006
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
233
Sales Prices
฿2.2M - ฿6.69M
▲ 1% overpriced
Monthly Rentals
฿9.98K - ฿23K
Year Built
Jan 2007
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
621
Sales Prices
฿3.29M - ฿9.39M
▼ -13% underpriced
Monthly Rentals
฿12K - ฿46.9K
Year Built
Dec 2009
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
294
Sales Prices
฿4.94M - ฿9.98M
Monthly Rentals
฿25K - ฿30K
Year Built
Dec 2011
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
91
Sales Prices
฿3.94M - ฿4.09M
▼ -20% underpriced
Monthly Rentals
฿22K
Year Built
Dec 2015
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
267
Sales Prices
฿11M
Monthly Rentals
฿39.9K
Year Built
Jan 1997
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
620
Sales Prices
฿2.8M - ฿5.89M
▼ -17.3% underpriced
Monthly Rentals
฿16K
Year Built
Dec 2001
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
185
Sales Prices
฿5.19M - ฿8.99M
▼ -2.5% underpriced
Monthly Rentals
฿20K - ฿34.9K
Year Built
Dec 2009
Completion Status
Completed
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
฿4M
Monthly Rentals
฿15K
Year Built
N/A
Completion Status
Completed
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