2 Bedroom Condo for sale at The Natural Place Suite Condominium

(1 Review)
Thung Mahamek, Sathon,Bangkok
Unit ID: U1032106
4% Rental Yield
2 Bedrooms
2 Bathrooms
145 SqM Size
7 Floor
Jan 1996 Completed

About This Condo

This property is a 145 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Natural Place Suite Condominium project in Thung Mahamek, Bangkok and was completed in Jan 1996. You can buy this condo for a base price of ฿15,000,000 (฿103,448/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

Easy to access to business center & Shopping mall

Good location, Nearby Express Way, MRT Lumpini,

Features

Pool AccessPool Access Covered ParkingCovered Parking BalconyBalcony Fully RenovatedFully Renovated (2021) Renovated BathroomRenovated Bathroom

Basic Information

Date Listed Sep 21, 2021
Updated 2 years ago
Property Type Condo
Floor 7
Bedrooms 2
Size 145 SqM
Price per SqM ฿103,448
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
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) Pool View, Unblocked Open 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.
฿10,203/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1032106

Price Analysis

Great Price
Estimated market value ฿23,064,586
Great
฿27,000,000
Good
Fair
Above
฿29,100,000
Current asking Price: ฿15,000,000 | Advertised rental rate: ฿45,000/mo
This condo is ฿8,064,586 BELOW MARKET (-35%) 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
฿15,000,000
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.
฿10,203/mo
Rent
฿45,000/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.
28
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.
4%

Project Details

Developer: N/A
Construction: Completed (Jan 1996)
Floors: 19
Buildings: N/A
Units: 112
Project Area: N/A
Nearest Landmark Lumphini MRT - 0.4 Km
Location: Thung Mahamek, Bangkok
The Natural Place Suite Condominium 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

Available Units at The Natural Place Suite Condominium

For Sale 3 For Rent 13
Get notified when new homes are being added to The Natural Place Suite Condominium
View All (3)

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Frequently Asked Questions

No pets are allowed at The Natural Place Suite Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Lumphini MRT is the nearest MRT Station from The Natural Place Suite Condominium 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 The Natural Place Suite Condominium 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Satisfied with this place
Sarah Murphy, Austria, 5 years ago
The project was completed for a long time, but it's still useful over time. Although the project isn't in the center of the city, it isn't far from prosperity because it is located in a community district. There are supermarkets such as Tops Market, Silom Complex, Tesco Lotus Express - Soi Saphan Ku Branch, which is 10 minutes away. More importantly, a 7-11 convenience store can reach within 2 minutes on foot. The rooms are available from studio types to 2 bedrooms. The furniture is strong and durable, although it looks a bit old but still in good condition. The common area has facilities such as a swimming pool, fitness center, passenger elevators, garden, parking space, and Thai massage salon. I am satisfied with this place.
Bangkok
Thung Mahamek

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Natural Place Suite Condominium

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
Lumpini Park View
Location
Thung Mahamek, Sathon, Bangkok
Number of units
277
Sales Prices
฿10.2M - ฿15M
Monthly Rentals
฿25K
Year Built
Jan 1998
Completion Status
Completed
Project Name
Baan Nunthasiri
Location
Thung Mahamek, Sathon, Bangkok
Number of units
79
Sales Prices
฿30M - ฿31.9M
▼ -2% underpriced
Monthly Rentals
฿59.9K - ฿69.9K
Year Built
Dec 2006
Completion Status
Completed
Project Name
Baan Sathorn
Location
Thung Mahamek, Sathon, Bangkok
Number of units
50
Sales Prices
฿25M
Monthly Rentals
฿180K
Year Built
Dec 1993
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
183
Sales Prices
฿7.51M - ฿129M
Monthly Rentals
N/A
Year Built
Oct 2024
Completion Status
Off Plan
Location
Thung Mahamek, Sathon, Bangkok
Number of units
108
Sales Prices
฿3.99M
Monthly Rentals
฿8.99K
Year Built
Dec 1996
Completion Status
Completed
Project Name
Amanta Lumpini
Location
Thung Mahamek, Sathon, Bangkok
Number of units
286
Sales Prices
฿9.29M - ฿21M
▼ -4.8% underpriced
Monthly Rentals
฿27K - ฿69.9K
Year Built
Dec 2008
Completion Status
Completed
Location
Chong Nonsi, Sathon, Bangkok
Number of units
345
Sales Prices
฿2.29M - ฿5.59M
▼ -28% underpriced
Monthly Rentals
฿11K - ฿15K
Year Built
Dec 2013
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
88
Sales Prices
฿5.54M - ฿35M
▼ -19.5% underpriced
Monthly Rentals
฿28K - ฿44K
Year Built
Apr 2018
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
196
Sales Prices
฿38.4M - ฿250M
▲ 7% overpriced
Monthly Rentals
฿99.8K - ฿300K
Year Built
Dec 2009
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
169
Sales Prices
฿4.24M - ฿14M
▼ -24% underpriced
Monthly Rentals
฿17K - ฿49.9K
Year Built
Dec 2003
Completion Status
Completed
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