Unit ID: U1003450
4% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿4,300,000
2 Bedrooms
1
Bathroom
60 SqM
Size
9
Floor
Dec 1994
Completed

About This Apartment

This property is a 60 SqM apartment with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Vivid Tower project in Suan Luang, Bangkok and was completed in Dec 1994. You can buy this apartment for a base price of ฿4,300,000 (฿71,667/SqM) and it is also available for long term rentals starting from ฿13,500 per month.

The interior of the house has been restored with quality mat

Airport Ling and New BTS short way. Shopping centers and Big Train Night Market short way.

Features

Corner UnitCorner Unit BalconyBalcony Washing MachineWashing Machine TVTV

Basic Information

Date Listed Jun 23, 2021
Updated 1 year ago
Property Type Apartment
Floor 9
Bedrooms 2
Size 60 SqM
Price per SqM ฿71,667
Pets Not Allowed
Apartment 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%.

Thai Quota
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) Pool View, Unblocked Open 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.
฿2,100/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1003450

Price Analysis

Above Average
Estimated market value ฿3,222,422
Great
฿2,610,000
Good
Fair
Above
฿3,670,000
Current asking Price: ฿4,300,000 | Advertised rental rate: ฿13,500/mo
This apartment is ฿1,077,578 ABOVE MARKET (33%) in the Bangkok area. It is analyzed against similar apartments and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿4,300,000
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.
฿2,100/mo
Rent
฿13,500/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.
27
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.
4%

Project Details

Project Name: Vivid Tower
Developer: N/A
Construction: Completed (Dec 1994)
Floors: 12
Buildings: N/A
Units: 345
Project Area: N/A
Nearest Landmark Hua Mak ARL - 1 Km
Location: Suan Luang, Bangkok
Vivid Tower Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Vivid Tower

For Sale 3 For Rent 3
Get notified when new homes are being added to Vivid Tower
View All (3)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Vivid Tower 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 ฿35 per square meter based on the size of indoor area of the property and is ฿2,100 for this apartment. 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.
Hua Mak ARL is the nearest Airport Rail Link Station from Vivid Tower and it is 1 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 Vivid Tower 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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Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Vivid Tower

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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
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
฿1.49M - ฿4.49M
Monthly Rentals
฿6.49K - ฿8.99K
Year Built
Dec 1992
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1024
Sales Prices
฿1.78M - ฿4.11M
▲ 4.5% overpriced
Monthly Rentals
฿6.99K - ฿15K
Year Built
Sep 2019
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
159
Sales Prices
฿1.52M - ฿3.59M
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Year Built
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Completion Status
Completed
Location
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Number of units
1613
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฿2.47M - ฿2.75M
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฿7.49K - ฿22K
Year Built
Dec 2014
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
177
Sales Prices
฿32.9M - ฿48.9M
Monthly Rentals
฿99.8K - ฿180K
Year Built
Feb 2005
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
178
Sales Prices
฿10.8M
▲ 5% overpriced
Monthly Rentals
฿39.9K - ฿89.9K
Year Built
Nov 2019
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
฿23.3M - ฿27.7M
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
฿5.79M
Monthly Rentals
฿12K - ฿30K
Year Built
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
366
Sales Prices
฿3.99M - ฿7.49M
▼ -15% underpriced
Monthly Rentals
฿25K
Year Built
Dec 2014
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1084
Sales Prices
฿2.75M - ฿3.94M
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Monthly Rentals
฿8.99K - ฿23K
Year Built
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Completion Status
Completed
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