Unit ID: U1370186
5% Rental Yield
Phra Khanong Nuea, Watthana,Bangkok
฿3,300,000
1 Bedroom
1
Bathroom
41 SqM
Size
4
Floor
Dec 2008
Completed

About This Condo

This property is a 41 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Zenith Place at Sukhumvit 71 project in Phra Khanong Nuea, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿3,300,000 (฿80,488/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Jan 20, 2023
Updated 1 year ago
Property Type Condo
Floor 4
Bedroom 1
Size 41 SqM
Price per SqM ฿80,488
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Foreign Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View, Blocked View
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.
฿1,230/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1370186

Investment Opportunity: Charges & Yield

Sale Price
฿3,300,000
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.
฿1,230/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.
22
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Zenith Place at Sukhumvit 71, and the current sales price.
5%

Project Details

Developer: N/A
Construction: Completed (Dec 2008)
Floors: 8
Buildings: N/A
Units: 134
Project Area: N/A
Nearest Landmark Phra Khanong BTS - 0.5 Km
Location: Phra Khanong Nuea, Bangkok
Zenith Place at Sukhumvit 71 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna

Available Units at Zenith Place at Sukhumvit 71

For Sale 2 For Rent 1
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Frequently Asked Questions

No pets are allowed at Zenith Place at Sukhumvit 71 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,230 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.
Phra Khanong BTS is the nearest BTS Station from Zenith Place at Sukhumvit 71 and it is 0.5 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 Zenith Place at Sukhumvit 71 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Bangkok
Phra Khanong Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Zenith Place at Sukhumvit 71

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
195
Sales Prices
฿3.3M - ฿10.3M
▼ -7.4% underpriced
Monthly Rentals
฿12K - ฿48K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Happy Place Tower
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
210
Sales Prices
฿1.7M - ฿1.8M
Monthly Rentals
฿9K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Wyne Sukhumvit
Location
Phra Khanong, Watthana, Bangkok
Number of units
460
Sales Prices
฿3.3M - ฿13.9M
▼ -14.2% underpriced
Monthly Rentals
฿12K - ฿33K
Year Built
Dec 2012
Completion Status
Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
291
Sales Prices
฿4.5M - ฿11.4M
▼ -4% underpriced
Monthly Rentals
฿15K - ฿48K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Life Sukhumvit 48
Location
Phra Khanong, Watthana, Bangkok
Number of units
612
Sales Prices
฿3M - ฿8M
▼ -4.7% underpriced
Monthly Rentals
฿12K - ฿40K
Year Built
Dec 2018
Completion Status
Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
272
Sales Prices
฿3.9M - ฿19.9M
▼ -12.2% underpriced
Monthly Rentals
฿15K - ฿78K
Year Built
Dec 2009
Completion Status
Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
498
Sales Prices
฿4.3M - ฿40M
▼ -8.8% underpriced
Monthly Rentals
฿17K - ฿70K
Year Built
Dec 2012
Completion Status
Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
375
Sales Prices
฿5.39M - ฿19.9M
▼ -4% underpriced
Monthly Rentals
฿19K - ฿60K
Year Built
Dec 2016
Completion Status
Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
515
Sales Prices
฿3.2M - ฿4.17M
▼ -19.7% underpriced
Monthly Rentals
฿13K - ฿20K
Year Built
Sep 2020
Completion Status
Completed
Project Name
Sukhumvit Plus
Location
Phra Khanong, Watthana, Bangkok
Number of units
383
Sales Prices
฿2.4M - ฿6.9M
▼ -11% underpriced
Monthly Rentals
฿13K - ฿30K
Year Built
Dec 2006
Completion Status
Completed
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