Unit ID: U639504
5% Rental Yield
Khlong Tan Nuea, Watthana,Bangkok
฿12,727,066
2 Bedrooms
2
Bathrooms
72.04 SqM
Size
3
Floor
Dec 2015
Completed

About This Condo

This property is a 72.04 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Art @Thonglor 25 project in Khlong Tan Nuea, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of ฿12,727,066 (฿176,667/SqM).

Features

Wet BarWet Bar BalconyBalcony

Basic Information

Date Listed Nov 10, 2020
Updated N/A
Property Type Condo
Floor 3
Bedrooms 2
Size 72.04 SqM
Price per SqM ฿176,667
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, Thai Quota, Company
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View
Unit Type 2BR
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.
฿3,962/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U639504

Price Analysis

Fair Price
Estimated market value ฿12,362,598
Great
฿11,500,000
Good
Fair
Above
฿13,200,000
Current asking Price: ฿12,727,066 | Rental estimate: ฿48,900/mo
This condo is ฿364,468 ABOVE MARKET (3%) in the Bangkok area. It is analyzed against similar condos 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
฿12,727,066
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.
฿3,962/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 2 bedroom condos at Art @Thonglor 25, and the current sales price.
5%

Project Details

Project Name: Art @Thonglor 25
Developer: A.K. Property
Construction: Completed (Dec 2015)
Floors: 8
Buildings: 1
Units: 102
Project Area: 1,452 SqM
Nearest Landmark Phrom Phong BTS - 1.6 Km
Location: Khlong Tan Nuea, Bangkok
Art @Thonglor 25 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access
Shuttle Bus Shuttle Bus

Popular Facilities at Art @Thonglor 25

  • Communal Pool
    8th Floor
  • Communal Garden Area
    7th Floor
  • Communal Gym
    7th Floor

Available Units at Art @Thonglor 25

For Sale 11 For Rent 11
Get notified when new homes are being added to Art @Thonglor 25
View All (11)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
฿100,000
2nd Installment
On handover
100%

Frequently Asked Questions

No pets are allowed at Art @Thonglor 25 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 ฿55 per square meter based on the size of indoor area of the property and is ฿3,962 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Art @Thonglor 25 the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Phrom Phong BTS is the nearest BTS Station from Art @Thonglor 25 and it is 1.6 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 Art @Thonglor 25 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
฿100,000
2nd Installment
On handover
100%

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
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Art @Thonglor 25

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
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Project Name
Villa Sikhara
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
64
Sales Prices
฿9.13M - ฿14M
Monthly Rentals
฿30.1K - ฿60.2K
Year Built
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Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
52
Sales Prices
฿20.7M - ฿47.5M
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Monthly Rentals
฿201K - ฿241K
Year Built
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Completion Status
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Project Name
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Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
N/A
Sales Prices
฿23.6M - ฿54.2M
Monthly Rentals
฿95.3K
Year Built
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Completion Status
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Project Name
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Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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฿4.14M - ฿6.42M
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Monthly Rentals
฿18.1K - ฿60.2K
Year Built
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Completion Status
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Project Name
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Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
12
Sales Prices
฿10M - ฿24.7M
Monthly Rentals
฿65.2K - ฿85.2K
Year Built
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Completion Status
Completed
Project Name
Sage Thonglor
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Sales Prices
฿39.2M - ฿49.6M
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
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Number of units
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Sales Prices
฿6.52M - ฿14M
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Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Sales Prices
฿7.58M - ฿14.2M
▼ -2.7% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Project Name
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Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
28
Sales Prices
฿19.1M
Monthly Rentals
฿55.2K - ฿75.2K
Year Built
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Completion Status
Completed
Project Name
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Location
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Number of units
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Sales Prices
฿85.2M
Monthly Rentals
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Year Built
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Completion Status
Completed
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