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    1 Bedroom Condo for sale at Noble Reform
    Sam Sen Nai, Phaya Thai,Bangkok
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    Sale Price
    $305,000
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    1 Bedroom Condo for sale at Noble Reform
    (1 Review)
    Unit ID: U64087
    3% Rental Yield
    Sam Sen Nai, Phaya Thai,Bangkok
    $305,000
    1 Bedroom
    1
    Bathroom
    570 Sqft
    Size
    12
    Floor
    Dec 2012
    Completed
    2
    Sale Price
    $305,000

    About This Condo

    This property is a 570 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Sam Sen Nai, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of $305,000 ($534/Sqft) and it is also available for long term rentals starting from $767 per month.

    Features

    BalconyBalcony

    Basic Information

    Date Listed Feb 13, 2018
    Updated 1 month ago
    Property Type Condo
    Floor 12
    Bedroom 1
    Size 570 Sqft
    Price per Sqft $534
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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 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.
    $78/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U64087

    Investment Opportunity: Charges & Yield

    Sale Price
    $305,000
    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.
    $78/mo
    Rent
    $767/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.
    33
    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: Noble Reform
    Developer: Noble Development
    Construction: Completed (Dec 2012)
    Floors: 22
    Buildings: N/A
    Units: 191
    Project Area: N/A
    Nearest Landmark Ari BTS - 0.2 Km
    Location: Sam Sen Nai, Bangkok
    Noble Reform 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
    Car Parking Car Parking
    Sauna Sauna
    BBQ Area BBQ Area

    Available Units at Noble Reform

    For Sale 7 For Rent 20
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Noble Reform
    View All (7)

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    Frequently Asked Questions

    No pets are allowed at Noble Reform 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 $1 per square meter based on the size of indoor area of the property and is $78 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 Noble Reform the required payment for the sinking fund is $18 per square meter based on the size of the indoor area of the property.
    Ari BTS is the nearest BTS Station from Noble Reform and it is 0.2 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 Noble Reform 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

    Reviews

    4.3 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Good location in Soi Ari
    Chanita D., Thailand, 5 years ago
    If you're looking for a condo surrounding street food, markets, or restaurants, this condo is the perfect answer. The condo area is mostly crowded and lively since it is near the headquarters and government offices. There are many shops and restaurants in the neighborhood. Importantly, the condo is a 5-minute walk to Ari BTS. My room is a one-bedroom unit. The rooms are spacious and beautifully designed. However, the only disadvantage is that the balcony is tiny, and so is the garden on the 21st and 22nd floors. Other than that, everything is perfect.
    Bangkok
    Sam Sen Nai

    Neighborhood Overview

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