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    1 Bedroom Condo for sale at The Room Sukhumvit 38
    Phra Khanong, Khlong Toei,Bangkok
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    Sale Price
    $331,000 $341,000
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    1 Bedroom Condo for sale at The Room Sukhumvit 38
    (2 Reviews)
    Unit ID: U673136
    3% Rental Yield
    Tenant-Occupied until May 27, 2025
    Phra Khanong, Khlong Toei,Bangkok
    $331,000 $341,000 Great Price
    1 Bedroom
    1
    Bathroom
    570 Sqft
    Size
    14
    Floor
    Mar 2020
    Completed
    8
    Sale Price
    $331,000
    $341,000
    Great Price

    About This Condo

    This property is a 570 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Phra Khanong, Bangkok and was completed in Mar 2020. You can buy this condo for a base price of $331,000 ($580/Sqft) and it is also available for long term rentals starting from $950 per month.

    1BR Condo with Huge Balcony 800 meters from Thonglor BTS

    14th Floor.

    Features

    Media Room/CinemaMedia Room/Cinema JacuzziJacuzzi Rooftop TerraceRooftop Terrace Covered ParkingCovered Parking BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Mar 23, 2021
    Updated 1 month ago
    Property Type Condo
    Floor 14
    Bedroom 1
    Size 570 Sqft
    Price per Sqft $580
    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) Skyline View, City View, Unblocked Open View
    Unit Type N/A
    Building The Room Sukhumvit 38
    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.
    $114/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U673136

    Investment Opportunity: Charges & Yield

    Sale Price
    $331,000
    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.
    $114/mo
    Rent
    $950/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.
    29
    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.
    3%

    Project Details

    Project Name: The Room Sukhumvit 38
    Developer: Land and Houses (Angel Real Estate Consultancy Co., Ltd.)
    Construction: Completed (Mar 2020)
    Floors: 26
    Buildings: 1
    Units: 229
    Project Area: 39,299 Sqft
    Nearest Landmark Ekkamai BTS - 0.6 Km
    Location: Phra Khanong, Bangkok
    The Room Sukhumvit 38 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
    Reception / Lobby Area Reception / Lobby Area
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Lounge Lounge
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at The Room Sukhumvit 38

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      1st Floor
    • Communal Gym
      1st Floor
    • Communal Garden Area
      1st Floor
    • Lounge
      5th Floor
    • Co-Working Space / Meeting Room
      5th Floor

    Available Units at The Room Sukhumvit 38

    For Sale 6 For Rent 9
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Room Sukhumvit 38
    View All (6)

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    Frequently Asked Questions

    No pets are allowed at The Room Sukhumvit 38 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 $114 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 The Room Sukhumvit 38 the required payment for the sinking fund is $17 per square meter based on the size of the indoor area of the property.
    Ekkamai BTS is the nearest BTS Station from The Room Sukhumvit 38 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 The Room Sukhumvit 38 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

    5 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    I'm in love with this place
    Summer 111, Canada, 3 years ago
    The condo project here is stunning, modern, and luxurious. A unit is a one-bedroom unit that is both spacious and well-allocated. There is a kitchen corner, living area, a bedroom, and a large bathroom. The room's owner also decorated it in a lovely, minimal style, which I love. What I enjoy the most are the common areas, which include a swimming pool, a library, a lounge, and a garden. It is where I spend part of my free time. During the WFH period, this was a fantastic time because there is a large space with various activities to choose from. Most importantly, the location of this project is perfect because it is easily accessible from many routes. It's near Thonglor BTS and opposite to Thonglor Road, which is the most convenient area in Bangkok again. I really like it.
    This project's lobby is very luxurious.
    David E., United States, 3 years ago
    This project's lobby is very luxurious. The saltwater pool and gym are on the 4th floor, and the lounge is on the 5th floor. The decorations are incredible. When we went to the sample one-bedroom type, it may seem a bit cramped for me. But my girlfriend likes the rooms as the space is well-organized and made the most from every inch. The room is fully fitted with furniture, built-in wardrobes, and digital door systems. So we decided to reserve a 1 bedroom. We choose this place because of its location close to both our offices as well. As for the transportation, it is considered very convenient, close to Thonglor BTS and Sukhumvit Road.
    Bangkok
    Phra Khanong

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