Unit ID: U61364
4% Rental Yield
Khlong Toei Nuea, Watthana,Bangkok
$227,000 $271,000
1 Bedroom
1
Bathroom
840 Sqft
Size
16
Floor
Dec 1985
Completed

About This Condo

This property is a 840 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Khlong Toei Nuea, Bangkok and was completed in Dec 1985. You can buy this condo for a base price of $227,000 ($271/Sqft) and it is also available for long term rentals starting from $787 per month.

Features

TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Jan 15, 2018
Updated 5 months ago
Property Type Condo
Floor 16
Bedroom 1
Size 840 Sqft
Price per Sqft $271
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

Foreign 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U61364

Investment Opportunity: Charges & Yield

Sale Price
$227,000
Rent
$787/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.
24
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: Asoke Towers
Developer: Asoke Motors
Construction: Completed (Dec 1985)
Floors: 28
Buildings: 1
Units: 99
Project Area: 77,500 Sqft
Nearest Landmark Phetchaburi MRT - 0.4 Km
Location: Khlong Toei Nuea, Bangkok
Asoke Towers Project Details

Project Features

On Site Restaurant On Site Restaurant
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
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Asoke Towers

  • Communal Pool
    9th Floor
  • Communal Gym
    9th Floor
  • Tennis Court
    9th Floor
  • Communal Garden Area
    9th Floor

Available Units at Asoke Towers

For Sale 13 For Rent 12
Updated 2 months ago
Available Units at Asoke Towers
$423,000
$241/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,755 Sqft Size
Floor 16 Floor
Fully Furnished Skyline View
Available Units at Asoke Towers
$376,000
$207/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,819 Sqft Size
Floor 16 Floor
Fully Furnished City View
Available Units at Asoke Towers
$169,000
$314/Sqft
Beds Beds
Baths 0 Baths
Size 538 Sqft Size
Unfurnished City View
Available Units at Asoke Towers
$405,000$413,000
$228/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,776 Sqft Size
Floor 16 Floor
Thai Quota Fully Furnished City View
Available Units at Asoke Towers
$775,000
$258/Sqft
Beds 2 Beds
Baths 3 Baths
Size 3,003 Sqft Size
Floor 13 Floor
Thai Quota Fully Furnished City View
Available Units at Asoke Towers
$271,000
$315/Sqft
Beds 1 Beds
Baths 1 Baths
Size 861 Sqft Size
Floor 17 Floor
Thai Quota Fully Furnished City View
Available Units at Asoke Towers
$227,000$271,000
$271/Sqft
Beds 1 Beds
Baths 1 Baths
Size 840 Sqft Size
Floor 16 Floor
Foreign Quota Fully Furnished City View
Available Units at Asoke Towers
$478,000$526,000
$271/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,765 Sqft Size
Floor 17 Floor
Thai Quota Fully Furnished City View
Available Units at Asoke Towers
$1,840,000$2,040,000
$340/Sqft
Beds 3 Beds
Baths 4 Baths
Size 5,393 Sqft Size
Floor 28 Floor
Foreign Quota Fully Furnished City View
Available Units at Asoke Towers
$227,000$271,000
$271/Sqft
Beds 1 Beds
Baths 1 Baths
Size 840 Sqft Size
Floor 16 Floor
Foreign Quota Fully Furnished City View
Available Units at Asoke Towers
$874,000
$273/Sqft
Beds 3 Beds
Baths 4 Baths
Size 3,208 Sqft Size
Floor 11 Floor
Foreign Quota City View
Available Units at Asoke Towers
$227,000$271,000
$271/Sqft
Beds 1 Beds
Baths 1 Baths
Size 840 Sqft Size
Floor 17 Floor
Foreign Quota Fully Furnished City View
Available Units at Asoke Towers
$466,000
$289/Sqft
Beds Beds
Baths 0 Baths
Size 1,615 Sqft Size
Partly Furnished City View
Get notified when new homes are being added to Asoke Towers
View All (13)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Asoke Towers unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phetchaburi MRT is the nearest MRT Station from Asoke Towers and it is 0.4 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 Asoke Towers 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

Reviews

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo in the city center
Chang Zi sāng, China, 5 years ago
I have a small business here, and I rented the Asoke Tower and stayed with my family for a while. The exterior building looks strong and durable, even though it has been built for many years. The inside is also renovated regularly, so it looks new and beautiful. Besides, there offices, restaurants, and shops which I often use. There are also various amenities, consisting of shopping malls, restaurants, and pubs. My family members and I don't usually use our private cars because of the traffic jam the whole day. So, I always take the MRT as it is close to the condo, and it takes only 10 minutes to walk. It seems I can exercise on it. On holiday, my kid and I always use the condo's communal facilities. I love playing tennis a lot. When I am bored of playing tennis, I will have outdoor activities at Benjakitti Park, a few steps away from the condo. Overall, I am satisfied because it is suitable for investors and us. It is convenient, surrounded by various amenities.
Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Asoke Towers

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
Khlong Toei Nuea, Watthana, Bangkok
Number of units
358
Sales Prices
$189.4K - $539.05K
▲ 31% overpriced
Monthly Rentals
$495 - $2.04K
Year Built
Dec 2006
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
453
Sales Prices
$165.8K - $407.93K
▼ -30% underpriced
Monthly Rentals
$612 - $1.31K
Year Built
Dec 2010
Completion Status
Completed
Project Name
The Lofts Asoke
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
211
Sales Prices
$193.77K - $1.27M
▼ -1.5% underpriced
Monthly Rentals
$728 - $5.68K
Year Built
Jun 2019
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
481
Sales Prices
$105.19K - $463.29K
▲ 8.2% overpriced
Monthly Rentals
$379 - $1.46K
Year Built
Dec 2004
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
213
Sales Prices
$192.31K - $737.19K
▼ -12.3% underpriced
Monthly Rentals
$612 - $3.5K
Year Built
Jan 2013
Completion Status
Completed
Project Name
The Esse Asoke
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
419
Sales Prices
$208.34K - $1.43M
▼ -1.3% underpriced
Monthly Rentals
$874 - $5.24K
Year Built
Apr 2019
Completion Status
Completed
Project Name
Ocean Tower 2
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
N/A
Sales Prices
$1.19M
Monthly Rentals
$1.22K - $4.66K
Year Built
Jan 1993
Completion Status
Completed
Project Name
Baan Suksan
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
89
Sales Prices
$152.97K - $247.67K
Monthly Rentals
$466 - $1.02K
Year Built
Jan 1999
Completion Status
Completed
Location
Bang Kapi, Watthana, Bangkok
Number of units
319
Sales Prices
$269.53K - $4.23M
▲ 1% overpriced
Monthly Rentals
$641 - $14.57K
Year Built
Feb 2020
Completion Status
Completed
Project Name
Villa Asoke
Location
Makkasan, Watthana, Bangkok
Number of units
525
Sales Prices
$131.12K - $702.23K
▼ -16.3% underpriced
Monthly Rentals
$495 - $5.54K
Year Built
Dec 2012
Completion Status
Completed
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