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    2 Bedroom Condo for sale at Menam Residences
    Wat Phraya Krai, Bang Kho Laem,Bangkok
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    Sale Price
    $450,000
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    2 Bedroom Condo for sale at Menam Residences
    (3 Reviews)
    Unit ID: U1829924
    4% Rental Yield
    Wat Phraya Krai, Bang Kho Laem,Bangkok
    $450,000
    2 Bedrooms
    2
    Bathrooms
    957 Sqft
    Size
    35
    Floor
    Dec 2015
    Completed
    5
    Sale Price
    $450,000

    About This Condo

    This property is a 957 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Wat Phraya Krai, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of $450,000 ($471/Sqft).

    Features

    BalconyBalcony Fully RenovatedFully Renovated (2024) Renovated KitchenRenovated Kitchen (2024) Renovated BathroomRenovated Bathroom (2024) TVTV

    Basic Information

    Date Listed May 10, 2024
    Updated 1 week ago
    Property Type Condo
    Floor 35
    Bedrooms 2
    Size 957 Sqft
    Price per Sqft $471
    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%.

    Thai Quota, Company
    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) River or Canal View, City View
    Unit Type N/A
    Building Menam Residences
    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.
    $154/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1829924

    Investment Opportunity: Charges & Yield

    Sale Price
    $450,000
    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.
    $154/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.
    25
    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 Menam Residences, and the current sales price.
    4%

    Project Details

    Project Name: Menam Residences
    Developer: MENAM RESIDENCES CO., LTD
    Construction: Completed (Dec 2015)
    Floors: 54
    Buildings: 1
    Units: 294
    Project Area: 88,609 Sqft
    Nearest Landmark Saphan Taksin BTS - 1.6 Km
    Location: Wat Phraya Krai, Bangkok
    Menam Residences 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
    Steam Room Steam Room
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Communal Garden Area Communal Garden Area
    Attached Market / Shops Attached Market / Shops
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Menam Residences

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Garden Area
      Ground Floor
    • Communal Pool
      10th Floor
    • Communal Gym
      10th Floor

    Available Units at Menam Residences

    For Sale 23 For Rent 16
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Updated 5 days ago
    Available Units at Menam Residences
    $461,000
    $549/Sqft
    Great Price
    Beds 2 Beds
    Baths 2 Baths
    Size 840 Sqft Size
    Floor 38 Floor
    Thai Quota Fully Furnished River or Canal View
    Updated 1 month ago
    Available Units at Menam Residences
    $922,000
    $535/Sqft
    Beds 3 Beds
    Baths 3 Baths
    Size 1,722 Sqft Size
    Floor 24 Floor
    Thai Quota Unfurnished Skyline View
    Updated 1 week ago
    Available Units at Menam Residences
    $450,000
    $471/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 957 Sqft Size
    Floor 35 Floor
    Thai Quota Fully Furnished River or Canal View
    Available Units at Menam Residences
    $274,000
    $567/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 484 Sqft Size
    Floor 27 Floor
    Foreign Quota Partly Furnished River or Canal View
    Updated 2 months ago
    Available Units at Menam Residences
    $365,000
    $754/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 484 Sqft Size
    Floor 16 Floor
    Thai Quota Fully Furnished River or Canal View
    Available Units at Menam Residences
    $468,000
    $565/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 829 Sqft Size
    Floor 25 Floor
    Foreign Quota Fully Furnished Skyline View
    Updated 1 month ago
    Available Units at Menam Residences
    $809,000
    $537/Sqft
    Beds 3 Beds
    Baths 3 Baths
    Size 1,507 Sqft Size
    Floor 12 Floor
    Foreign Quota Fully Furnished River or Canal View
    Available Units at Menam Residences
    $356,000
    $647/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 550 Sqft Size
    Floor 13 Floor
    Unfurnished River or Canal View
    Updated 1 month ago
    Available Units at Menam Residences
    $1,060,000
    $617/Sqft
    Beds 3 Beds
    Baths 3 Baths
    Size 1,722 Sqft Size
    Floor 41 Floor
    Foreign Quota Fully Furnished River or Canal View
    Available Units at Menam Residences
    $269,000
    $510/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 527 Sqft Size
    Floor 23 Floor
    Foreign Quota Fully Furnished River or Canal View
    Available Units at Menam Residences
    $939,000
    $507/Sqft
    Beds 3 Beds
    Baths 3 Baths
    Size 1,851 Sqft Size
    Floor 46 Floor
    Thai Quota Fully Furnished River or Canal View
    Updated 1 week ago
    Available Units at Menam Residences
    $1,270,000
    $738/Sqft
    Beds 4 Beds
    Baths 4 Baths
    Size 1,722 Sqft Size
    Floor 48 Floor
    Thai Quota Fully Furnished River or Canal View
    Available Units at Menam Residences
    $662,000
    $621/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 1,066 Sqft Size
    Floor 17 Floor
    Thai Quota Unfurnished
    Available Units at Menam Residences
    $1,050,000
    $613/Sqft
    Beds 3 Beds
    Baths 3 Baths
    Size 1,721 Sqft Size
    Floor 38 Floor
    Thai Quota City View
    Available Units at Menam Residences
    $1,110,000
    $646/Sqft
    Beds 4 Beds
    Baths 4 Baths
    Size 1,721 Sqft Size
    Floor 38 Floor
    Thai Quota Unfurnished River or Canal View
    Available Units at Menam Residences
    $636,000$722,000
    $484/Sqft
    Beds 3 Beds
    Baths 2 Baths
    Size 1,313 Sqft Size
    Floor 37 Floor
    Foreign Quota Fully Furnished River or Canal View
    Available Units at Menam Residences
    $462,000
    $565/Sqft
    Great Price
    Beds 2 Beds
    Baths 2 Baths
    Size 818 Sqft Size
    Floor 35 Floor
    Thai Quota Unfurnished River or Canal View
    Available Units at Menam Residences
    $686,000
    $459/Sqft
    Great Price
    Beds 3 Beds
    Baths 3 Baths
    Size 1,496 Sqft Size
    Floor 21 Floor
    Foreign Quota Fully Furnished River or Canal View
    Available Units at Menam Residences
    $433,000
    $619/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 700 Sqft Size
    Floor 17 Floor
    Foreign Quota Fully Furnished River or Canal View
    Available Units at Menam Residences
    $318,000
    $602/Sqft
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 527 Sqft Size
    Floor 15 Floor
    Thai Quota Fully Furnished City View
    Available Units at Menam Residences
    $347,000
    $555/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 624 Sqft Size
    Floor 19 Floor
    Thai Quota Fully Furnished River or Canal View
    Available Units at Menam Residences
    $953,000
    $732/Sqft
    Beds 3 Beds
    Baths 2 Baths
    Size 1,302 Sqft Size
    Floor 38 Floor
    Thai Quota Partly Furnished River or Canal View
    Available Units at Menam Residences
    $1,100,000
    $637/Sqft
    Beds 3 Beds
    Baths 3 Baths
    Size 1,722 Sqft Size
    Floor 30 Floor
    Foreign Quota Fully Furnished River or Canal View
    Get notified when new homes are being added to Menam Residences
    View All (23)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Menam Residences 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 $2 per square meter based on the size of indoor area of the property and is $154 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.
    Saphan Taksin BTS is the nearest BTS Station from Menam Residences and it is 1.6 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 Menam Residences 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

    4.5 out of 5
    Based on
    3 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Luxury condo with full facilities and impressive infinity-edged pool
    Consuela Carbajal, Mexico, 4 years ago
    I've been looking for a new condo to purchase. I've looked at a lot of condominiums, and there isn't one that I'm interested in. Then I came across this condo on the website that I wanted, so I bought it. My room is a two-bedroom which is suitable for my family. As there are two bedrooms, I will spare one for my child in the future. It's luxurious and has everything I need. I love the infinity-edge pool with a great view and also the complete facilities. The first impression of this project is the parking which is large and enough for the residents, so you don't need to double park your car. Just so you know, the parking problem is an unsolvable problem for many condos. Plus, it's located in a convenient location which is easy to get everywhere. You can take a motorbike taxi, or if you go further, you can take the BTS at the Saphan Taksin BTS as well. The staff is friendly and can speak many languages, so you don't have to worry about being a foreigner. Overall, this place is so classy; I would like to recommend it!!!
    The project next to the Chao Phraya River
    Kanisha Ream, United States, 5 years ago
    It's no surprise that this place is so expensive because it is next to the Chao Phraya River and decorates a high-end condo. I think this place is suitable for both living and long-term investment. Every room has a 180-degree Chao Phraya River view and comes fully furnished. The downside is that it is quite far from the BTS and traveling to this area is not very convenient !!
    Lovely staff with elegant rooms
    Walton Medel, United Kingdom, 5 years ago
    This condo is luxurious, and the staff is friendly. The common area is clean and complete with facilities. The room's scenery is stunning, overlooking the Chao Phraya River and Bangkok city views. The room is luxuriously decorated, good value for money. The condo provides sufficient car parking spaces. The location is also close to Charoen Krung Road and other nearby amenities. It is convenient for shopping and traveling. Overall, it's perfect!
    Bangkok
    Wat Phraya Krai

    Neighborhood Overview

    Location and Neighborhood

    Street View

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