Unit ID: U264567
5% Rental Yield
Khlong Toei, Khlong Toei,Bangkok
$93,200 Great Price
1 Bedroom
1
Bathroom
301 Sqft
Size
6
Floor
Dec 2016
Completed

About This Condo

This property is a 301 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Khlong Toei, Bangkok and was completed in Dec 2016. You can buy this condo for a base price of $93,200 ($309/Sqft).

Thriving Khlong Toei Living: Iconic Metro Luxe 28SqM Condo in Bangkok

Situated on Rama 4 road in the vibrant Khlong Toei area of Bangkok, is this remarkable condo – a prime example of modern Thai living. Part of the iconic Metro Luxe Rama 4 project, the quality of this property is undeniable.The impressive 28 SqM condo holds a cozy one-bedroom and one-bathroom, a great base for city living. Completed in December 2016, the home is ideally placed for professionals and investors alike.From the moment you step inside, you'll be taken aback by the finesses of this condo. With high ceilings and glistening tiled floors, the open-plan living area radiates with natural light, while the neutral walls and contemporary fittings are warmly inviting. Modern appliances and tasteful decor add further character, while the bedroom and bathroom integrate effortlessly with the rest of the living quarters.The property is being offered at a base price of ฿3,200,000 (฿114,286/SqM), selling at a fantastic price point for such a desirable condo in central Bangkok. It's a wonderful opportunity to own a piece of beautiful Bangkok, perfect for leisure, work, or for monetizing.In the vibrant Khlong Toei district, the condo offers great transport link access and is surrounded by an abundance of amenities. From grocery stores and local eateries to ample shopping opportunities, all necessities are within quick and easy reach.What more could you ask for? If this sounds like the perfect property for you, contact us now and make your enquiry today.

Features

BalconyBalcony Fully RenovatedFully Renovated

Basic Information

Date Listed Dec 18, 2019
Updated 4 years ago
Property Type Condo
Floor 6
Bedroom 1
Size 301 Sqft
Price per Sqft $309
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 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.
$37/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 U264567

Investment Opportunity: Charges & Yield

Sale Price
$93,200
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.
$37/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 Metro Luxe Rama 4, and the current sales price.
5%

Project Details

Project Name: Metro Luxe Rama 4
Developer: Property Perfect
Construction: Completed (Dec 2016)
Floors: 8
Buildings: 3
Units: 478
Project Area: 72,237 Sqft
Nearest Landmark Ekkamai BTS - 6.1 Km
Location: Khlong Toei, Bangkok
Metro Luxe Rama 4 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
Communal Garden Area Communal Garden Area

Popular Facilities at Metro Luxe Rama 4

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Metro Luxe Rama 4

For Sale 13 For Rent 13
Available Units at Metro Luxe Rama 4
$84,500
$280/Sqft
Beds 1 Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 4 Floor
Fully Furnished
Available Units at Metro Luxe Rama 4
$131,000
$369/Sqft
Beds 1 Beds
Baths 1 Baths
Size 355 Sqft Size
Floor 3 Floor
Fully Furnished City View
Available Units at Metro Luxe Rama 4
$117,000
$311/Sqft
Beds 1 Beds
Baths 1 Baths
Size 374 Sqft Size
Floor 5 Floor
Foreign Quota Partly Furnished Pool View
Updated 2 months ago
Available Units at Metro Luxe Rama 4
$116,000
$309/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 7 Floor
Thai Quota Fully Furnished Pool View
Available Units at Metro Luxe Rama 4
$81,300
$268/Sqft
Beds 1 Beds
Baths 1 Baths
Size 303 Sqft Size
Floor 6 Floor
Thai Quota Fully Furnished
Available Units at Metro Luxe Rama 4
$81,600
$271/Sqft
Beds 1 Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 4 Floor
Fully Furnished
Available Units at Metro Luxe Rama 4
$108,000
$333/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 7 Floor
Thai Quota Fully Furnished City View
Available Units at Metro Luxe Rama 4
$99,100
$271/Sqft
Beds 1 Beds
Baths 1 Baths
Size 366 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at Metro Luxe Rama 4
$131,000
$347/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 1 Floor
Thai Quota Fully Furnished City View
Available Units at Metro Luxe Rama 4
$93,200
$309/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 6 Floor
Thai Quota Fully Furnished City View
Available Units at Metro Luxe Rama 4
$96,200$106,000
$263/Sqft
Beds 1 Beds
Baths 1 Baths
Size 366 Sqft Size
Floor 6 Floor
Thai Quota Fully Furnished City View
Available Units at Metro Luxe Rama 4
$105,000
$305/Sqft
Beds 1 Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 4 Floor
Foreign Quota Partly Furnished City View
Available Units at Metro Luxe Rama 4
$87,100
$1,620/Sqft
Beds Studio Beds
Baths 1 Baths
Size 54 Sqft Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Metro Luxe Rama 4
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Frequently Asked Questions

No pets are allowed at Metro Luxe Rama 4 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 ฿45 per square meter based on the size of indoor area of the property and is ฿1,260 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 Metro Luxe Rama 4 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Ekkamai BTS is the nearest BTS Station from Metro Luxe Rama 4 and it is 6.1 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 Metro Luxe Rama 4 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
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Next to Bangkok University( literally across the street)
Marciano brewster, Netherlands, Visitor, 4 years ago
This project is perfect as investment opportunity because the university is next door. The occupancy rates for affordable condo's around Bangkok University is almost 100%. The project fits the student target group perfectly.
Luxury condo near Bangkok University
Preeyanuch Suksee, Thailand, 5 years ago
The condo is located in Soi Bangkok University. There are many restaurants nearby. The atmosphere within the project is shady. There is a large swimming pool and complete facilities. The residents here are working age and students of Bangkok University. The rooms are luxurious and decorated with classy furnishings, and it is well proportioned even though the studio that I rented is not very wide.
Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Metro Luxe Rama 4

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
Phra Khanong, Khlong Toei, Bangkok
Number of units
887
Sales Prices
$65.85K - $285.55K
▼ -6.4% underpriced
Monthly Rentals
$233 - $801
Year Built
Dec 2010
Completion Status
Completed
Project Name
Oka Haus
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
1178
Sales Prices
$104.9K - $434.16K
▲ 0.3% overpriced
Monthly Rentals
$437 - $1.63K
Year Built
Oct 2019
Completion Status
Completed
Project Name
168 Sukhumvit 36
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
105
Sales Prices
$145.84K - $339.75K
▼ -1.3% underpriced
Monthly Rentals
$437 - $1.17K
Year Built
Dec 2019
Completion Status
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Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
229
Sales Prices
$291.09K - $649.78K
▼ -14.3% underpriced
Monthly Rentals
$932 - $1.11K
Year Built
Mar 2020
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
24
Sales Prices
$451.64K - $597.33K
▼ -2% underpriced
Monthly Rentals
$1.46K - $2.62K
Year Built
Mar 2018
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
467
Sales Prices
$110.72K - $521.57K
▼ -6.4% underpriced
Monthly Rentals
$379 - $1.6K
Year Built
May 2019
Completion Status
Completed
Project Name
Aspire Rama 4
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
1432
Sales Prices
$58.28K - $151.52K
▼ -8.8% underpriced
Monthly Rentals
$248 - $728
Year Built
Dec 2011
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
272
Sales Prices
$160.26K - $493.02K
▼ -18% underpriced
Monthly Rentals
$481 - $1.46K
Year Built
Jan 2020
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
128
Sales Prices
$127.92K - $183.57K
▼ -49% underpriced
Monthly Rentals
$583 - $1.75K
Year Built
Jan 2011
Completion Status
Completed
Project Name
38 Mansion
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
137
Sales Prices
$151.52K - $364.23K
▼ -8% underpriced
Monthly Rentals
$524 - $1.46K
Year Built
Jan 1992
Completion Status
Completed
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