Unit ID: U1363408
5% Rental Yield
Tenant-Occupied until Jan 31, 2025
Bang Chak, Phra Khanong,Bangkok
$72,500
1 Bedroom
1
Bathroom
312 Sqft
Size
3
Floor
Sep 2015
Completed

About This Condo

This property is a 312 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 Sep 2015. You can buy this condo for a base price of $72,500 ($232/Sqft) and it is also available for long term rentals starting from $276 per month.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Dec 28, 2022
Updated 4 months ago
Property Type Condo
Floor 3
Bedroom 1
Size 312 Sqft
Price per Sqft $232
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1363408

Investment Opportunity: Charges & Yield

Sale Price
$72,500
Rent
$276/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.
22
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.
5%

Project Details

Project Name: The Light Newyork
Developer: N/A
Construction: Completed (Sep 2015)
Floors: 8
Buildings: N/A
Units: 168
Project Area: N/A
Nearest Landmark Punnawithi BTS - 0.8 Km
Location: Bang Chak, Bangkok
The Light Newyork Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at The Light Newyork

For Sale 3 For Rent 2
Get notified when new homes are being added to The Light Newyork
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Frequently Asked Questions

No pets are allowed at The Light Newyork unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Punnawithi BTS is the nearest BTS Station from The Light Newyork and it is 0.8 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 The Light Newyork 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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Bangkok
Bang Chak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Light Newyork

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
210
Sales Prices
$79.44K
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
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Location
Bang Chak, Phra Khanong, Bangkok
Number of units
366
Sales Prices
$57.49K - $134.33K
▼ -13.7% underpriced
Monthly Rentals
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Location
Bang Chak, Phra Khanong, Bangkok
Number of units
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Monthly Rentals
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Year Built
Dec 2020
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
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Sales Prices
$80.6K - $459.31K
▼ -13% underpriced
Monthly Rentals
$376 - $2.17K
Year Built
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Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
14
Sales Prices
$430.42K
▼ -45% underpriced
Monthly Rentals
$1.59K
Year Built
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Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
8
Sales Prices
$1.33M
Monthly Rentals
N/A
Year Built
Jan 2023
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
9
Sales Prices
$519.97K - $1.01M
Monthly Rentals
N/A
Year Built
Jun 2019
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
5
Sales Prices
$779.96K
Monthly Rentals
N/A
Year Built
Mar 2019
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
487
Sales Prices
$141.63K - $343.76K
▲ 9% overpriced
Monthly Rentals
$491 - $1.59K
Year Built
Dec 2009
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
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Sales Prices
$77.42K - $109.48K
Monthly Rentals
$289 - $433
Year Built
Nov 2022
Completion Status
Completed
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