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    2 Bedroom Condo for sale at The Reserve - Kasemsan 3
    Wang Mai, Pathum Wan,Bangkok
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    Sale Price
    £282,000
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    2 Bedroom Condo for sale at The Reserve - Kasemsan 3

    (1 Review)
    Wang Mai, Pathum Wan,Bangkok
    Unit ID: U1710470
    5% Rental Yield
    2 Bedrooms
    2 Bathrooms
    70 SqM Size
    3 Floor
    Dec 2014 Completed
    (1 Review)
    Sale Price
    £282,000
    13

    About This Condo

    This property is a 70 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Wang Mai, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of £282,000 (£4,030/SqM) and it is also available for long term rentals starting from £1,240 per month.

    Features

    BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Jan 3, 2024
    Updated 5 months ago
    Property Type Condo
    Floor 3
    Bedrooms 2
    Size 70 SqM
    Price per SqM £4,030
    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%.

    N/A
    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, Pool View, Garden View
    Unit Type N/A
    Building Building B
    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.
    £103/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1710470

    Investment Opportunity: Charges & Yield

    Sale Price
    £282,000
    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.
    £103/mo
    Rent
    £1,240/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.
    19
    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.
    5%

    Project Details

    Project Name: The Reserve - Kasemsan 3
    Developer: Pruksa Real Estate
    Construction: Completed (Dec 2014)
    Floors: 7
    Buildings: 2
    Units: 273
    Project Area: 5,828 SqM
    Nearest Landmark National Stadium BTS - 0.4 Km
    Location: Wang Mai, Bangkok
    The Reserve - Kasemsan 3 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Steam Room Steam Room
    Sauna Sauna
    Massage Room Massage Room
    Lounge Lounge
    Communal Garden Area Communal Garden Area
    Back Up Generators Back Up Generators
    Key card access Key card access
    Shuttle Bus Shuttle Bus

    Popular Facilities at The Reserve - Kasemsan 3

    • All
    • Fitness
    • Leisure
    3
    • Clubhouse
      Ground Floor
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at The Reserve - Kasemsan 3

    For Sale 11 For Rent 16
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Reserve - Kasemsan 3
    View All (11)

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    Frequently Asked Questions

    No pets are allowed at The Reserve - Kasemsan 3 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 £103 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 The Reserve - Kasemsan 3 the required payment for the sinking fund is £11 per square meter based on the size of the indoor area of the property.
    National Stadium BTS is the nearest BTS Station from The Reserve - Kasemsan 3 and it is 0.4 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 Reserve - Kasemsan 3 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
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A beautiful design condo
    Parawat S., India, 5 years ago
    My friends and I are very impressed with this condo. The room is beautifully decorated with a spacious unit area and perfect allocations. There is also a sufficient area for working at home. Importantly, the project surroundings are pleasant, with lovely neighbors and an excellent security system. The security system keeps me safe throughout my stay here. Besides, it is close to National Stadium BTS, which is considered convenient to travel. However, traveling by car is also convenient because there is Rama 1 Road that connects every destination. All in all, The Reserve - Kasemsan 3 is the perfect project for living.
    Bangkok
    Wang Mai

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