Unit ID: U639938
4% Rental Yield
Chong Nonsi, Yan Nawa,Bangkok
$491,000
2 Bedrooms
2
Bathrooms
1,023 Sqft
Size
25
Floor
Dec 2011
Completed

About This Condo

This property is a 1,023 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chong Nonsi, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of $491,000 ($480/Sqft).

Features

BalconyBalcony TVTV

Basic Information

Date Listed Nov 19, 2020
Updated 4 years ago
Property Type Condo
Floor 25
Bedrooms 2
Size 1,023 Sqft
Price per Sqft $480
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
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.
$110/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U639938

Investment Opportunity: Charges & Yield

Sale Price
$491,000
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.
$110/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.
26
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 The Parco Condominium, and the current sales price.
4%

Project Details

Project Name: The Parco Condominium
Construction: Completed (Dec 2011)
Floors: 28
Buildings: 1
Units: 148
Project Area: 49,342 Sqft
Nearest Landmark Lumphini MRT - 1.9 Km
Location: Chong Nonsi, Bangkok
The Parco Condominium Project Details

Project Features

On Site Restaurant On Site Restaurant
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
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Party Hall / Group Entertainment Party Hall / Group Entertainment
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Parco Condominium

  • Communal Pool
    8th Floor
  • Communal Gym
    8th Floor
  • Communal Garden Area
    Ground Floor

Available Units at The Parco Condominium

For Sale 4 For Rent 9
Get notified when new homes are being added to The Parco Condominium
View All (4)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Parco Condominium 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 $110 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.
Lumphini MRT is the nearest MRT Station from The Parco Condominium and it is 1.9 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 Parco 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

Reviews

4.3 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
This condo suits my lifestyle
Kate Luis, Norway, 5 years ago
The atmosphere here is excellent. The building is surrounded by a small garden, giving a shady and relaxing atmosphere, a perfect hideaway from the city's hustle and bustle. Our room is on the 14th floor, giving you a panoramic view of the city. Unfortunately, it is not close to BTS and MRT stations, so it is not suitable for people who do not have their car. Overall, I like it here. It is very suitable for my lifestyle.
Excellent common area
Edgardo Mcgivney, Brazil, 5 years ago
An impressive condo for me, it's clean and complete facilities. Receptionists are friendly and excellent security guards, making the residents relax pleasantly. The room is private and tranquil, with no noises bothering from the outside. I can have leisure time comfortably. The location is also convenient for shopping, close to shopping malls and restaurants. However, it's better to use a private car because it's far from the BTS.
Bangkok
Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Parco 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
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
176
Sales Prices
$195.67K - $633.05K
▼ -3% underpriced
Monthly Rentals
$719 - $4.6K
Year Built
Dec 2006
Completion Status
Completed
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
$129.49K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
270
Sales Prices
$195.09K - $604.29K
Monthly Rentals
$662 - $2.01K
Year Built
Jun 2023
Completion Status
Completed
Project Name
Baan Yen Akard
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
60
Sales Prices
$805.69K
▲ 3% overpriced
Monthly Rentals
$2.01K - $2.88K
Year Built
Dec 2004
Completion Status
Completed
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
33
Sales Prices
$575.5K - $661.82K
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Project Name
Supreme Residence
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
$1.15M
Monthly Rentals
$2.88K - $3.17K
Year Built
Jan 2006
Completion Status
Completed
Project Name
Baan Siri Sathorn
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
169
Sales Prices
$199.32K - $577.75K
Monthly Rentals
$520 - $1.88K
Year Built
Dec 2002
Completion Status
Completed
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
75
Sales Prices
$123.73K - $126.61K
▼ -48% underpriced
Monthly Rentals
$863
Year Built
Sep 2009
Completion Status
Completed
Project Name
Lapa Place
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
82
Sales Prices
$129.49K
▼ -2% underpriced
Monthly Rentals
$460
Year Built
Dec 1994
Completion Status
Completed
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
260
Sales Prices
$118.44K - $189.83K
▼ -19% underpriced
Monthly Rentals
$491 - $722
Year Built
Dec 2021
Completion Status
Completed
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