Unit ID: U154930
6% Rental Yield
Tenant-Occupied until May 1, 2025
Phra Khanong, Khlong Toei,Bangkok
฿3,800,000 Great Price
2 Bedrooms
1
Bathroom
72 SqM
Size
4
Floor
Dec 1999
Completed

About This Condo

This property is a 72 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Phra Khanong, Bangkok and was completed in Dec 1999. You can buy this condo for a base price of ฿3,800,000 (฿52,778/SqM).

Bangkok's Best Property

Introducing the perfect opportunity for buyers to capitalise on Bangkok's property market! This 2-bedroom, 1-bathroom condo located in the Waterford Park Rama 4 project in Phra Khanong offers an area of 72 square metres to work with. What an incredible offer!The property was completed in December 1999, and it's in a great location. Easily accessible, close to plenty of amenities, and with all the modern comforts of a Bangkok condo, it's a fantastic place to call home. Plus, with a few tweaks, you can easily refurbish the condo and transform it into a contemporary dwelling through an interior design project.If you're looking for a prime property in Bangkok that's ready to move into and modernise, this is the one for you. Don't wait any longer and give yourself the chance to purchase this great Bangkok condo. Contact us now to enquire about this incredible opportunity!

Basic Information

Date Listed Sep 3, 2024
Updated 2 months ago
Property Type Condo
Floor 4
Bedrooms 2
Size 72 SqM
Price per SqM ฿52,778
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, Thai Quota
Furniture
Unfurnished
View(s) N/A
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.
฿2,520/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U154930

Investment Opportunity: Charges & Yield

Sale Price
฿3,800,000
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.
฿2,520/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.
16
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.
6%

Project Details

Project Name: Waterford Park Rama 4
Construction: Completed (Dec 1999)
Floors: 8
Buildings: 1
Units: 514
Project Area: 18,153 SqM
Nearest Landmark Phra Khanong BTS - 0.8 Km
Location: Phra Khanong, Bangkok
Waterford Park Rama 4 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Waterford Park Rama 4

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

Available Units at Waterford Park Rama 4

For Sale 7 For Rent 48
Get notified when new homes are being added to Waterford Park Rama 4
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Frequently Asked Questions

No pets are allowed at Waterford Park Rama 4 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 ฿35 per square meter based on the size of indoor area of the property and is ฿2,520 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.
Phra Khanong BTS is the nearest BTS Station from Waterford Park Rama 4 and it is 0.8 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 Waterford Park Rama 4 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 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great location and value for money
Maia B, Italy, Visitor, 2 months ago
The condo is in a strategic location, a short moto drive to Prakanong BTS, business and leisure, schools, shopping, sukhumvit nightlife is just around the corner. Great 2 bedrooms with decent sizes are at amazing deals.
The condo near Phra Khanong River
Sophia Skelley, United States, 4 years ago
The condo near Phra Khanong River. I saw a price reduction last month and decided to buy a 1-bedroom unit here. The room has the perfect size with quality furniture and a view overlooking the city. I just moved in a week ago. There is a pleasant atmosphere, clean area, and a garden for relaxation; the pool is also massive.
Old condo, worth the price
Imelda Engleman, Mexico, 4 years ago
It is an old condo that I have been living in for a while. Although it looks old, the inside is so vast, including common areas and room sizes. The usable areas are spacious compared to other nearby condos, and the prices are affordable as well. It is suitable for a family as there are many relaxing corners, where I love to spend time relaxed when I have free time privately. It is also non-crowded and secured. As for the location, this condo is located in the suburbs but not far from the city, easy and convenient to travel by private cars.
Quality condo in Phra Khanong
Burima S., India, 5 years ago
The condo environment and the atmosphere are so good that you can relax comfortably and conveniently. The condo is fully equipped with facilities such as a large swimming pool, a playground, gardens around the project, and a strict security system. I came to stay here for 2 weeks with a Thai friend in 1 bedroom unit. Overall, it is ok. It is close to tourist attractions and prosperity, such as the Phra Khanong BTS and the department stores.
Affordable prices
Sheri Hawn, United States, 6 years ago
The buildings here are quite outdated with low maintenance. The furniture is getting old, but the facilities are comprehensive with a swimming pool, a gym, and a playground. The location of this place is good, located next to Prakanong canal. The atmosphere is quiet and shady. The neighbors here are also friendly. Most importantly, it's affordable.
Bangkok
Phra Khanong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Waterford Park Rama 4

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
Phra Khanong, Khlong Toei, Bangkok
Number of units
738
Sales Prices
฿2.35M - ฿34.5M
▼ -10.9% underpriced
Monthly Rentals
฿12K - ฿36K
Year Built
Dec 2009
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
56
Sales Prices
฿13.5M - ฿19.5M
▼ -1% underpriced
Monthly Rentals
฿50K - ฿85K
Year Built
Oct 2014
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
772
Sales Prices
฿2.29M - ฿3.71M
▼ -4.6% underpriced
Monthly Rentals
฿10.5K - ฿23K
Year Built
Dec 2019
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
837
Sales Prices
฿2.3M - ฿7.6M
▼ -11% underpriced
Monthly Rentals
฿11K - ฿35K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Life Sukhumvit 48
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
612
Sales Prices
฿3.1M - ฿10M
▼ -7.6% underpriced
Monthly Rentals
฿12K - ฿40K
Year Built
Dec 2018
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
415
Sales Prices
฿2.55M - ฿7M
▼ -1.2% underpriced
Monthly Rentals
฿12K - ฿30K
Year Built
Jan 2020
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
356
Sales Prices
฿3.1M - ฿9.5M
▼ -2% underpriced
Monthly Rentals
฿14K - ฿50K
Year Built
Dec 2017
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
434
Sales Prices
฿2.69M - ฿3.4M
▼ -8% underpriced
Monthly Rentals
฿9.5K - ฿17K
Year Built
Dec 2018
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
77
Sales Prices
฿3.99M
Monthly Rentals
N/A
Year Built
Jan 2007
Completion Status
Completed
Project Name
Wyne Sukhumvit
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
460
Sales Prices
฿3.2M - ฿8.99M
▼ -14.7% underpriced
Monthly Rentals
฿10K - ฿33K
Year Built
Dec 2012
Completion Status
Completed
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