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    1 Bedroom Condo for sale at Circle Sukhumvit 31
    Khlong Toei Nuea, Watthana,Bangkok
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    Sale Price
    $254,000 $260,000
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    1 Bedroom Condo for sale at Circle Sukhumvit 31
    (1 Review)
    Unit ID: U1100382
    6% Rental Yield
    Khlong Toei Nuea, Watthana,Bangkok
    $254,000 $260,000
    1 Bedroom
    1
    Bathroom
    484 Sqft
    Size
    22
    Floor
    Dec 2020
    Completed
    6
    Sale Price
    $254,000
    $260,000

    About This Condo

    This property is a 484 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 2020. You can buy this condo for a base price of $254,000 ($525/Sqft).

    Features

    BalconyBalcony BathtubBathtub MicrowaveMicrowave

    Basic Information

    Date Listed Jul 11, 2022
    Updated 2 years ago
    Property Type Condo
    Floor 22
    Bedroom 1
    Size 484 Sqft
    Price per Sqft $525
    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
    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 Circle Sukhumvit 31
    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.
    $99/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1100382

    Investment Opportunity: Charges & Yield

    Sale Price
    $254,000
    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.
    $99/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 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 Circle Sukhumvit 31, and the current sales price.
    6%

    Project Details

    Project Name: Circle Sukhumvit 31
    Developer: Fragrant Property
    Construction: Completed (Dec 2020)
    Floors: 30
    Buildings: 1
    Units: 139
    Project Area: 23,121 Sqft
    Nearest Landmark Sukhumvit MRT - 0.6 Km
    Location: Khlong Toei Nuea, Bangkok
    Circle Sukhumvit 31 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
    Spa Spa
    Sauna Sauna
    Yoga Area Yoga Area
    Communal Garden Area Communal Garden Area
    Key card access Key card access
    Shuttle Bus Shuttle Bus

    Popular Facilities at Circle Sukhumvit 31

    • All
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      27th Floor
    • Communal Garden Area
      Ground Floor

    Available Units at Circle Sukhumvit 31

    For Sale 7 For Rent 4
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Circle Sukhumvit 31
    View All (7)

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    Frequently Asked Questions

    No pets are allowed at Circle Sukhumvit 31 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 $2 per square meter based on the size of indoor area of the property and is $99 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 Circle Sukhumvit 31 the required payment for the sinking fund is $21 per square meter based on the size of the indoor area of the property.
    Sukhumvit MRT is the nearest MRT Station from Circle Sukhumvit 31 and it is 0.6 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 Circle Sukhumvit 31 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
    $1,460
    1st Installment
    On handover
    100%
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $1,460
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    On handover
    70%

    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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Luxury condominium
    Samantha Resto, Spain, 4 years ago
    I stay at this luxury condo in Sukhumvit. The property is designed to be environmentally friendly. My room is very modern with furniture and materials from premium brands. The room is also designed for functional space that the residents can adjust as they wish. My room is on the top floor, allowing me to enjoy a city view, nothing blocks the view so that I can enjoy street lights at night. The property is in Soi Sukhumvit 31, not far from Sukhumvit MRT and Asoke BTS. It is also easy access to amenities such as a leading department store, supermarkets, hospitals, and educational institutions. The condo meets the needs of urban lifestyles. The common area has a green garden, swimming pool with underwater speakers, a gym, etc. Importantly, there is a water recycling system, making the most of the used water. They really pay attention to every detail. The staff always willingly helps me. Excellent security system, making me feel safe throughout my stay here.
    Bangkok
    Khlong Toei Nuea

    Neighborhood Overview

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