Apartment / Flat For Sale Bangkok Riverside Ad:857811

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THB10,902,757

(USD 295,000)

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Apartment / Flat 3 bedrooms
For Sale
Khlong San
Thailand

Baan Chao Phrya condominium, this unit is up for private sale by owner. Extensive facilities, incredible location right on the river. 6% rental yield + 7-9% capitol gain p/a.

River front lifestyle in the heart of Bangkok. Rare opportunity for this 2 bed 112 sq. meter corner unit. (Temple side, so unblocked views and no development). Priced below market value for the Khlong San district, which has seen rising values lately. Can have immediate rental yield alongside capital gains, as there are tenents interested to rent.
Absolute waterfront, peace and quiet, whilst being just a hop from the hustle and bustle of downtown Bangkok. (Free boat from Saphan Taksin BTS train / Sathorn Pier all day long). Set in a location with some of the best potential investment areas of Thailand.

`Baan Chao Phraya` condo may be a large development, yet this one at the�8 story block of�waterfront units. This unit is located at the smaller�tower, which faces the waters edge.�Access to all the building facilities includes a large rooftop garden, which can also be used for entertaining - for example seeing firework displays in Bangkok on major holidays and celebrations from 31 floors up.

Location/Neighborhood/Lifestyle - The popularity of Bangkok`s `old city` riverside area has been on the rise for some time. Much of this can be attributed to infrastructure rejuvenation such as Skytrain, MRT, with immediate proximity of highways, malls, restaurants, schools, hospitals and much more. Several large lifestyle luxury malls, (offering everything including many restaurant options) have recently appeared on the Chao Phraya riverfront. The condo boat runs all day until 9.30pm�back and forth from the BTS Skytrain (Sathorn Pier), together with other nearby boat services after 9.30pm. Having boat access to the river on your doorstep is not�only a lot of�fun, with great views,�but is also�safe, fast, and convenient - escaping the traffic jams as you go!

The average sale price at Baan Chao Praya condominium is currently ฿96,875 per sqm. This is 11.3% below current average sale price in Khlong San district (฿109,159 per sqm) and 1.2% above the average price in Bangkok overall (฿95,716 per sqm).
Sales prices at Baan Chao Praya have been rising over the past year, demonstrating increasing value for money.
Rental prices at Baan Chao Praya are 9.1% below average in Khlong San and 14.9% below average in Bangkok.

This unit however, is one of a limited number of low-rise water fronted, corner units. It is also located on the `Temple side`, so to ensure it will retain the unblocked views in future. (a development is occuring on the OTHER SIDE of the building, however the side this unit neighbouring will remain unaffected as there are buddhist and chinese temples).
Buyer has the option to occupy or lease out. There are waiting tenants to lease this condo. It is also in immaculate condition, and ready to move in. No renovations necessary.
These mid-early 1990`s�condos are extremely well constructed. The units are spacious, with further generously appointed�communal areas & facilities.�If you enjoy playing games, sports, keeping fit, lounging by the pool, then this property has everything you need. This development was purposely designed for luxury, lifestyle, comfort, security and as a home for all residents. There are lots of spaces and areas around the property to sit and relax, or partake in some activities and games. Baan Chao Phraya condominium oozes Thai hospitality, and whilst utmost privacy is ensured in your own home, you can benefit from true `clubhouse` lifestyle in your surrounds. When you live here, you have all of the included facilities, the sum of which is more than just a condo. You receive all-inclusive safety and security guards 24/7, with the facilities of a 5 * hotel. As a long term investment, the property will remain timeless and is bound to continue being a popular, well managed location for decades to come. Baan Chao Phraya appears to be the kind of building which will only increase in charm and value as the time passes.
Contrast this to some of the latest high-end developments, which appear to aim at only maximizing how many sqm can be sold for a profit, whilst promoting a fantasy of living in a luxury shoebox! You can say they just aren`t building them like this anymore ..
Talking of luxuries, riverside neighbors in the area include the Shangri-La Bangkok, The Mandarin Oriental Bangkok, The Peninsula Bangkok,�which you can visit to exploit eatigo deals or many other activities anytime you like. Other attractions are abundant, Asiatique is just one example. Just a hop along the river here and there, you are set for many adventures in ancient and modern Bangkok. Abundant boat services combined with subway and skytrains of Bangkok get you to many areas with street markets, food, attractions, malls, hotels, arts and antiques vendors, local gallery`s & exhibitions, night markets etc.

Fixtures, fittings and white goods all included.�Other large furniture optional (and can be negotiated with sale).

In�this level 3 unit, you are just at the right height to enjoy close up views across the river, as�you listen to the sounds across the water mixed with�the breeze in�the�trees, which provide�good shelter and privacy whilst�you enjoy the unblocked views from one of 2 balconies. Cruise and party boats roll past through the gaps in the trees. The trees are trimmed from time to time, resulting in more open views of the river.

Bangkok on your doorstep with a difference!�12-14% per annum yield (rental income + capital gains).

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