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    2 Bedroom Condo for sale at The Parco Condominium
    Thung Mahamek, Sathon,Bangkok
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    Sale Price
    £419,000
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    2 Bedroom Condo for sale at The Parco Condominium

    (2 Reviews)
    Thung Mahamek, Sathon,Bangkok
    Unit ID: U1090296
    4% Rental Yield
    Tenant-Occupied until May 1, 2026
    2 Bedrooms
    2 Bathrooms
    118 SqM Size
    21 Floor
    Dec 2011 Completed
    (2 Reviews)
    Sale Price
    £419,000
    14

    About This Condo

    This property is a 118 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thung Mahamek, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of £419,000 (£3,550/SqM) and it is also available for long term rentals starting from £1,510 per month.

    Features

    BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine OvenOven TVTV

    Basic Information

    Date Listed Apr 19, 2023
    Updated 7 months ago
    Property Type Condo
    Floor 21
    Bedrooms 2
    Size 118 SqM
    Price per SqM £3,550
    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
    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 The Parco Condominium
    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
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1090296

    Investment Opportunity: Charges & Yield

    Sale Price
    £419,000
    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
    Rent
    £1,510/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.
    23
    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.
    4%

    Project Details

    Project Name: The Parco Condominium
    Developer: Supreme Team Co., Ltd.
    Construction: Completed (Dec 2011)
    Floors: 28
    Buildings: 1
    Units: 148
    Project Area: 4,584 SqM
    Nearest Landmark Thanon Chan BRT - 0.6 Km
    Location: Thung Mahamek, 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

    • All
    • Fitness
    • Leisure
    3
    • 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
    • All
    • 2 Beds
    • 4 Beds
    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 $138 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.
    Thanon Chan BRT is the nearest BRT Station from The Parco Condominium and it is 0.6 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 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
    Thung Mahamek

    Neighborhood Overview

    Location and Neighborhood

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