The River - Chareon Nakorn Road (Listing # PL6238)
The condominium is located on Chareon Nakorn Road in the Thon Buri community of central Bangkok. The The River building is conveniently located just 434 meters to the Saphan Taksin BTS Skytrain station which amounts to about a 5 minute walk. The asking sale price for this Bangkok property is ฿9,900,000 THB (Thailand Baht) which equals ฿123,750 per square meter. As a buyer you will be responsible for a portion of the transfer fee, which may or may not be included in the asking price, please ask your Bangkok real estate agent before you view.
Most of the condos and apartments for expats in Thonburi will also have a river taxi which goes directly to the other side of the river. This makes living in Thonburi more convenient as residents have the choice to drive, take the BTS at Krung Thon Buri station or just take the river to the Sathorn side of the river. In general, most expats who choose to live in Thonburi do it for the river views rather than the convenience.
- International Pioneers School (Charoen Nakorn Rd.)
- Pornprasart Wittaya School
- King Mongkut’s University of Technology
- All Sathorn Schools (East Side of River)
- Suphakhan Shopping Center
- Tha Ruea Klong San Plaza Shopping Center
- Taksin Hospital (Somdet Chaophraya Rd.)
There are fees associated with condo purchase that vary slightly but are pretty straight forward. In addition to the sale price which in this case is ฿9,900,000 the buyer is responsible for part (usually 50%) of the 2% transfer fee. The transfer fee is not based on the actual sale price, but the appraisal price from the land department. The seller is responsible for business tax, stamp duty and withholding tax. Along with the sale price, taxes and fees are somewhat negotiable. If you find a property you like, the purchase process usually begins by making a booking deposit, holding the property and allowing you the time to prepare the consequent funds transfers.
Make sure you have your finances in order before viewing condos for sale. It is often difficult for foreigners to get financing for purchasing Thai properties. If buying a property under your name with cash you must transfer the money into Thailand from a foreign bank. If you have a longstanding Thai corporation you can also purchase property using money located in Thailand.