Unit ID: U163632
5% Rental Yield
Tenant-Occupied until Jun 1, 2024
Chong Nonsi, Yan Nawa,Bangkok
Sold Great Price
2 Bedrooms
2
Bathrooms
67.71 SqM
Size
7
Floor
Dec 2006
Completed

About This Condo

This property is a 67.71 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Lofts Yennakart project in Chong Nonsi, Bangkok and was completed in Dec 2006. You can buy this condo for a base price of ฿6,200,000 (฿91,567/SqM) and it is also available for long term rentals starting from ฿28,000 per month.

Features

BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Apr 12, 2023
Updated 11 months ago
Property Type Condo
Floor 7
Bedrooms 2
Size 67.71 SqM
Price per SqM ฿91,567
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%.

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) City 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.
฿2,370/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U163632

Price Analysis

Great Price
Estimated market value ฿8,610,039
Great
฿6,650,000
Good
Fair
Above
฿11,000,000
Current asking Price: ฿6,200,000 | Advertised rental rate: ฿28,000/mo
This condo is ฿2,410,039 BELOW MARKET (-28%) 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

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.
฿2,370/mo
Rent
฿28,000/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.
18
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.
5%

Project Details

Project Name: The Lofts Yennakart
Developer: Raimon Land PCL.
Construction: Completed (Dec 2006)
Floors: 18
Buildings: N/A
Units: 176
Project Area: N/A
Nearest Landmark Khlong Toei MRT - 1.9 Km
Location: Chong Nonsi, Bangkok
The Lofts Yennakart 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
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Available Units at The Lofts Yennakart

For Sale 10 For Rent 23
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Frequently Asked Questions

No pets are allowed at The Lofts Yennakart 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 ฿2,370 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.
Khlong Toei MRT is the nearest MRT Station from The Lofts Yennakart and it is 1.9 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 The Lofts Yennakart 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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Reviews

4.1 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Well maintained condo
Cara Whitehurst, Australia, 4 years ago
The condo was completed in 2006, but the condition overall is still well maintained. I took a look twice to view 2- and 3-bedroom units with a furniture package, and I decided to buy 2-bedrooms at a reasonable price. The rooms come with fine furniture and a swimming pool view. The project is close to the Chalerm Mahanakorn Expressway, only 500 meters, making it very convenient to travel. More importantly, it's near my office too. That's why I bought a room here.
Beautiful condo with complete facilities
Andra Schecter, Germany, 4 years ago
This condo is very nice and pleasant. There is a complete range of facilities, including a communal pool, a clubhouse, a children's playground, and a gym. Every common area is well-maintained and very usable. The room is also spacious and private. The condo atmosphere is tranquil, ideal for relaxation. Besides, the location is close to many restaurants. However, using a private car is more convenient and near Chalerm Maha Nakhon Expressway, convenient to go everywhere.
The condo matches the living needs and convenient traveling.
Blanca Schomer, Australia, 4 years ago
The Lofts Yen Akat is a condominium project with many facilities such as a communal pool, sauna, garden, clubhouse, gym, playground, and 24-hour security are also available. Plus, it is a 10-minute drive to Chong Nonsi BTS and near the expressway as well. The journey is very comfortable. Moreover, it has a professional in-house project management system. Also, the staff is lovely, and the neighbors are quite friendly.
The best condo ever!
Benny Watwood, United States, 5 years ago
It is the best condo for me since I moved to Thailand. The condo was completed a long time ago but well maintained. The owner is very kind to me. The one-bedroom unit has a spacious balcony. The room is fully furnished. You can use the project's facilities, including a swimming pool, a fitness center, and a parking space. The project has a lot of foreigners living here as well. The location of the condo is good in a residential area to the community. It's quite crowded with people, not lonely at all.
Good living condo, complete, and suits the needs
makarita D., China, 6 years ago
This condo is so private since it is in the alley. Yet, it’s still easy to get anywhere by car or bus. In case of traveling by bus, the nearest bus station is in front of Nang Linchee Market. As for the room, I quite like it. My room is perfect as it has everything I need. The facilities in the common area are complete such as a large swimming pool and lush garden. Plus, it is also close to all conveniences as it’s in the Yan Nawa area, the potential area with complete public facilities and transportation.
Bangkok
Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Lofts Yennakart

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
Chong Nonsi, Yan Nawa, Bangkok
Number of units
148
Sales Prices
฿17M - ฿18M
▲ 31% overpriced
Monthly Rentals
฿45K - ฿150K
Year Built
Dec 2011
Completion Status
Completed
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
฿4M
Monthly Rentals
฿15K
Year Built
N/A
Completion Status
Completed
Project Name
Baan Yen Akard
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
60
Sales Prices
฿28M - ฿30M
▲ 18% overpriced
Monthly Rentals
฿65K - ฿85K
Year Built
Dec 2004
Completion Status
Completed
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
270
Sales Prices
฿6.78M - ฿46.4M
Monthly Rentals
N/A
Year Built
Jun 2023
Completion Status
Completed
Project Name
Lapa Place
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
82
Sales Prices
฿4.5M
▼ -2% underpriced
Monthly Rentals
N/A
Year Built
Dec 1994
Completion Status
Completed
Project Name
Baan Siri Sathorn
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
169
Sales Prices
฿16M
Monthly Rentals
฿22K - ฿60K
Year Built
Dec 2002
Completion Status
Completed
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
75
Sales Prices
฿4.4M - ฿15M
▼ -46% underpriced
Monthly Rentals
฿25K - ฿30K
Year Built
Sep 2009
Completion Status
Completed
Project Name
Resorta Yen-Akat
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
308
Sales Prices
฿2.4M - ฿8.6M
▼ -28% underpriced
Monthly Rentals
฿12K - ฿16K
Year Built
Dec 2005
Completion Status
Completed
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
260
Sales Prices
฿4.1M - ฿7.11M
▼ -19% underpriced
Monthly Rentals
฿17K - ฿20K
Year Built
Dec 2021
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
36
Sales Prices
฿195M - ฿235M
Monthly Rentals
฿350K - ฿400K
Year Built
Dec 2019
Completion Status
Completed
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