Unit ID: U1656898
5% Rental Yield
Bang Chak, Phra Khanong,Bangkok
$103,000
1 Bedroom
1
Bathroom
323 Sqft
Size
22
Floor
Nov 2019
Completed

About This Condo

This property is a 323 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Chak, Bangkok and was completed in Nov 2019. You can buy this condo for a base price of $103,000 ($320/Sqft).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 11, 2024
Updated 1 week ago
Property Type Condo
Floor 22
Bedroom 1
Size 323 Sqft
Price per Sqft $320
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%.

N/A
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 Life Sukhumvit 62
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.
$42/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1656898

Investment Opportunity: Charges & Yield

Sale Price
$103,000
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.
$42/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.
21
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 Life Sukhumvit 62, and the current sales price.
5%

Project Details

Project Name: Life Sukhumvit 62
Developer: AP (Thailand)
Construction: Completed (Nov 2019)
Floors: 24
Buildings: 1
Units: 438
Project Area: 45,949 Sqft
Nearest Landmark Bang Chak BTS - 0.3 Km
Location: Bang Chak, Bangkok
Life Sukhumvit 62 Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Party Hall / Group Entertainment Party Hall / Group Entertainment
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators

Popular Facilities at Life Sukhumvit 62

  • Communal Pool
    23rd Floor
  • Communal Gym
    24th Floor
  • Communal Garden Area
    24th Floor
  • Communal Garden Area
    5th Floor
  • Lounge
    23rd Floor

Available Units at Life Sukhumvit 62

For Sale 16 For Rent 46
Available Units at Life Sukhumvit 62
$103,000
$320/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 22 Floor
Fully Furnished City View
Updated 3 weeks ago
Available Units at Life Sukhumvit 62
$186,000
$444/Sqft
Beds 1 Beds
Baths 1 Baths
Size 420 Sqft Size
Floor 18 Floor
Foreign Quota Fully Furnished City View
Available Units at Life Sukhumvit 62
$115,000
$304/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 13 Floor
Thai Quota Partly Furnished City View
Updated 1 week ago
Available Units at Life Sukhumvit 62
$132,000
$350/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 7 Floor
Thai Quota Fully Furnished City View
Available Units at Life Sukhumvit 62
$139,000
$369/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 23 Floor
Thai Quota Fully Furnished City View
Available Units at Life Sukhumvit 62
$156,000
$372/Sqft
Beds 1 Beds
Baths 1 Baths
Size 420 Sqft Size
Floor 19 Floor
Foreign Quota Fully Furnished River or Canal View
Updated 1 month ago
Available Units at Life Sukhumvit 62
$143,000
$339/Sqft
Good Price
Beds 1 Beds
Baths 1 Baths
Size 422 Sqft Size
Floor 21 Floor
Thai Quota Fully Furnished City View
Available Units at Life Sukhumvit 62
$126,000
$335/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 18 Floor
Foreign Quota Fully Furnished City View
Available Units at Life Sukhumvit 62
$120,000
$373/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 14 Floor
Thai Quota Fully Furnished City View
Available Units at Life Sukhumvit 62
$146,000
$357/Sqft
Beds 1 Beds
Baths 1 Baths
Size 409 Sqft Size
Floor 11 Floor
Thai Quota Fully Furnished City View
Available Units at Life Sukhumvit 62
$124,000
$384/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 7 Floor
Fully Furnished City View
Available Units at Life Sukhumvit 62
$102,000
$379/Sqft
Beds 1 Beds
Baths 1 Baths
Size 269 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Available Units at Life Sukhumvit 62
$140,000
$371/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 14 Floor
Thai Quota Unfurnished City View
Available Units at Life Sukhumvit 62
$226,000
$420/Sqft
Beds 2 Beds
Baths 2 Baths
Size 538 Sqft Size
Floor 10 Floor
Thai Quota Fully Furnished City View
Available Units at Life Sukhumvit 62
$143,000
$350/Sqft
Beds 1 Beds
Baths 1 Baths
Size 409 Sqft Size
Floor 5 Floor
Fully Furnished City View
Available Units at Life Sukhumvit 62
$186,000$192,000
$385/Sqft
Beds 2 Beds
Baths 1 Baths
Size 484 Sqft Size
Floor 10 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Life Sukhumvit 62
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Frequently Asked Questions

No pets are allowed at Life Sukhumvit 62 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 $42 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 Life Sukhumvit 62 the required payment for the sinking fund is $14 per square meter based on the size of the indoor area of the property.
Bang Chak BTS is the nearest BTS Station from Life Sukhumvit 62 and it is 0.3 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 Life Sukhumvit 62 you have to follow these steps:

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

 


Foreign Quota
Installment Milestone Payment
1st Installment
Booking fee + Contract Fee 20% deposit within 7 days
20%
2nd Installment
Within 45 days after the booking date
80%

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

4.9 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Very convenient, nice building, friendly staff.
Verified Current Resident, 4 years ago
Great roof garden, Beautiful swimming pool, Perfect gym , Everything seems look as very beautiful, God bless here!
Excellent location, next to Bang Chak BTS
Shery R., Thailand, 4 years ago
The project is located in a great location. Even it's in the alley, it's abundant and comfortable for travel. It's 250 meters from Bang Chak BTS Station, which is a walkable distance. If you use a car, it is close to the expressway. There is also a bus stop in front of the project, which is very convenient. The project gives me high privacy, with only 483 units. It has a wide range of facilities such as a gym, swimming pool, lounge, various recreation areas, and rooftop design. They are made out beautifully. There is a garden with a seating area to watch the city as well. The parking space also occupies 3 floors. In my room, the space is 25 square meters, considered the smallest room of the project with a kitchen, bathroom, and a small balcony. However, I dont feel cramped at all. The room does not provide furniture, so I can design my space as I want. I know the project through friends. Then, we made a reservation here together to have peace of mind during the living. As for the traffic, be prepared as it can be busy during the rush hour. It would be much better to avoid using the car.
Bangkok
Bang Chak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Life Sukhumvit 62

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 Chak, Phra Khanong, Bangkok
Number of units
222
Sales Prices
$76.83K - $108.65K
Monthly Rentals
$287 - $430
Year Built
Nov 2022
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
9
Sales Prices
$516.03K - $1M
Monthly Rentals
N/A
Year Built
Jun 2019
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
116
Sales Prices
$79.77K - $454.61K
▼ -13% underpriced
Monthly Rentals
$372 - $2.14K
Year Built
Dec 2016
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
197
Sales Prices
$57.18K - $95.71K
▼ -22% underpriced
Monthly Rentals
$243 - $429
Year Built
Dec 2013
Completion Status
Completed
Project Name
Ideo Sukhumvit 93
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
1332
Sales Prices
$91.21K - $294.49K
▼ -9.2% underpriced
Monthly Rentals
$286 - $44.98K
Year Built
Dec 2018
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
50
Sales Prices
$487.36K - $587.7K
Monthly Rentals
N/A
Year Built
Oct 2015
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
168
Sales Prices
$170.58K - $441.21K
▼ -0.9% underpriced
Monthly Rentals
N/A
Year Built
Jun 2022
Completion Status
Completed
Project Name
The Light Newyork
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
168
Sales Prices
$43K - $97.47K
Monthly Rentals
$272 - $459
Year Built
Sep 2015
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
14
Sales Prices
$513.16K
Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
218
Sales Prices
$67.19K - $88.63K
▼ -45% underpriced
Monthly Rentals
$343 - $515
Year Built
Dec 2010
Completion Status
Completed
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