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    Studio Condo for sale at Niran Residence 8
    Saphan Sung, Saphan Sung,Bangkok
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    Studio Condo for sale at Niran Residence 8
     (Write Review)
    Unit ID: U1408802
    8% Rental Yield
    Saphan Sung, Saphan Sung,Bangkok
    Sold
    Studio Bedroom
    1
    Bathroom
    27 SqM
    Size
    8
    Floor
    Jan 2010
    Completed
    6
    Sale Price
    Sold

    About This Condo

    This property is a 27 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Saphan Sung, Bangkok and was completed in Jan 2010. You can buy this condo for a base price of ฿450,000 (฿16,667/SqM) and it is also available for long term rentals starting from ฿3,000 per month.

    Basic Information

    Date Listed Jun 22, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 8
    Bedroom Studio
    Size 27 SqM
    Price per SqM ฿16,667
    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
    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.
    N/A
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U1408802

    Investment Opportunity: Charges & Yield

    Rent
    ฿3,000/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.
    13
    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.
    8%

    Project Details

    Project Name: Niran Residence 8
    Developer: N/A
    Construction: Completed (Jan 2010)
    Floors: 8
    Buildings: N/A
    Units: 144
    Project Area: N/A
    Nearest Landmark Ban Thap Chang ARL - 5.9 Km
    Location: Saphan Sung, Bangkok
    Niran Residence 8 Project Details

    Project Features

    24H Security 24H Security
    Car Parking Car Parking
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    Available Units at Niran Residence 8

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    • 1 Bed
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    Frequently Asked Questions

    No pets are allowed at Niran Residence 8 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Ban Thap Chang ARL is the nearest Airport Rail Link Station from Niran Residence 8 and it is 5.9 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 Niran Residence 8 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

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    Bangkok
    Saphan Sung

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