Unit ID: U1750254
4% Rental Yield
Bang Wa, Phasi Charoen,Bangkok
$71,500
1 Bedroom
1
Bathroom
267 Sqft
Size
3
Floor
Dec 2019
Completed

About This Condo

This property is a 267 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Wa, Bangkok and was completed in Dec 2019. You can buy this condo for a base price of $71,500 ($267/Sqft).

Features

Pool AccessPool Access Rooftop TerraceRooftop Terrace Private GardenPrivate Garden Garden AccessGarden Access Covered ParkingCovered Parking BalconyBalcony Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen Direct access to BTS/MRTDirect access to BTS/MRT Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Mar 3, 2024
Updated 9 months ago
Property Type Condo
Floor 3
Bedroom 1
Size 267 Sqft
Price per Sqft $267
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%.

Thai Quota
Furniture
Unfurnished
View(s) City View
Unit Type N/A
Building Building B
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.
$28/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1750254

Investment Opportunity: Charges & Yield

Sale Price
$71,500
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.
$28/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.
25
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 Bangkok Horizon Lite @ Phekasem 48 Station, and the current sales price.
4%

Project Details

Developer: CMC Group
Construction: Completed (Dec 2019)
Floors: 8
Buildings: 3
Units: 741
Project Area: 68,889 Sqft
Nearest Landmark Bang Wa MRT - 1.3 Km
Location: Bang Wa, Bangkok
Bangkok Horizon Lite @ Phekasem 48 Station 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
Key card access Key card access

Available Units at Bangkok Horizon Lite @ Phekasem 48 Station

For Sale 5 For Rent 5
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Frequently Asked Questions

No pets are allowed at Bangkok Horizon Lite @ Phekasem 48 Station 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 $1 per square meter based on the size of indoor area of the property and is $28 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 Bangkok Horizon Lite @ Phekasem 48 Station the required payment for the sinking fund is $7 per square meter based on the size of the indoor area of the property.
Bang Wa MRT is the nearest MRT Station from Bangkok Horizon Lite @ Phekasem 48 Station and it is 1.3 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 Bangkok Horizon Lite @ Phekasem 48 Station 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

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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Bangkok Horizon Lite @ Phekasem 48 Station

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
Bang Wa, Phasi Charoen, Bangkok
Number of units
275
Sales Prices
$58.34K - $74.67K
Monthly Rentals
$248 - $277
Year Built
Jan 2015
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
639
Sales Prices
$87.21K - $179.94K
▼ -6.2% underpriced
Monthly Rentals
$321 - $438
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
640
Sales Prices
$64.17K - $112.3K
▼ -23% underpriced
Monthly Rentals
$263 - $729
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
418
Sales Prices
$46.67K - $55.42K
Monthly Rentals
$190
Year Built
Jan 2013
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
321
Sales Prices
$116.67K - $145.55K
Monthly Rentals
$729 - $8.75K
Year Built
Jun 2011
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
N/A
Sales Prices
$31.79K - $71.46K
Monthly Rentals
$190 - $379
Year Built
Jan 1999
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
638
Sales Prices
$54.25K - $128.05K
▼ -26% underpriced
Monthly Rentals
$263 - $525
Year Built
Jul 2018
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
N/A
Sales Prices
$47.78K - $99.17K
Monthly Rentals
$219 - $350
Year Built
Jan 1999
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
1250
Sales Prices
$46.64K - $72.92K
Monthly Rentals
$219 - $289
Year Built
Jan 2016
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
1250
Sales Prices
$35K - $81.67K
▼ -10.1% underpriced
Monthly Rentals
$175 - $350
Year Built
Nov 2007
Completion Status
Completed
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