3 Bedroom Condo for sale at PM Riverside

4.67 (1 Review)
Bang Phongphang, Yan Nawa,Bangkok
Unit ID: U677198
3% Rental Yield
฿27,000,000 Great Price
3 Bedrooms
4 Bathrooms
276 SqM Size
24 Floor
Jan 1998 Completed

About This Condo

This property is a 276 SqM condo with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the PM Riverside project in Bang Phongphang, Bangkok and was completed in Jan 1998. You can buy this condo for a base price of ฿27,000,000 (฿97,826/SqM) and it is also available for long term rentals starting from ฿70,000 per month.

Features

BalconyBalcony BathtubBathtub

Basic Information

Property Type Condo
Floor 24
Bedrooms 3
Size 276 SqM
Price per SqM ฿97,826
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) City 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.
N/A
Listed By
Private Owner
Date Listed Mar 26, 2021
Last Updated 2 months ago
Unit ID U677198

Price Analysis

Great Price
Estimated market value ฿41,387,511
Great
฿26,100,000
Good
Fair
Above
฿53,300,000
Current asking Price: ฿27,000,000 | Advertised rental rate: ฿70,000/mo
This condo is ฿14,387,511 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
฿27,000,000
Rent
฿70,000/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.
32
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.
3%

Project Details

Project Name: PM Riverside
Developer: PM Riverside
Construction: Completed (Jan 1998)
Floors: 32
Buildings: 1
Units: 108
Project Area: 5,852 SqM
Nearest Landmark Centralplaza Rama 3 - 3 Km
Location: Yan Nawa, Bangkok
PM Riverside 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
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area
Squash Court Squash Court
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators

Popular Facilities at PM Riverside

  • Communal Pool
    5th Floor
  • Communal Gym
    5th Floor
  • Communal Garden Area
    5th Floor

Available Units at PM Riverside

For Sale 1 For Rent 2
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Available Units at PM Riverside
-
Beds 4 Beds
Baths 5 Baths
Size 552 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished River or Canal View
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Available: Mar 1, 2023 Available Units at PM Riverside
฿97,826
Great Price
Beds 3 Beds
Baths 4 Baths
Size 276 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to PM Riverside

Loan Calculator

Frequently Asked Questions

No pets are allowed at PM Riverside unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Centralplaza Rama 3 is the nearest Shopping Mall from PM Riverside and it is 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 PM Riverside 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

4.7 out of 5 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A nice condo overlooking the Chao Phraya River
4.7 Michael Murphy, Australia, 4 years ago
I rented a 3 bedroom unit here to live with my family because the room has a spacious area and is fully furnished with nice furniture. My room is on the 24th floor overlooking the Chao Phraya River. There are also a lot of facilities, but seriously, I rarely use anything besides the swimming pool and fitness. The outdoor pool is large, which is what I like. Also, it is close to a U Restaurant, which is only 3 minutes walk away. Overall, I am very happy to live here.
Bangkok
Bang Phongphang

Neighborhood Overview

Location and Neighborhood

Street View

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