Unit ID: U1116048
5% Rental Yield
Khlong Toei, Khlong Toei,Bangkok
$143,000
1 Bedroom
1
Bathroom
463 Sqft
Size
Ground Floor
Floor
Dec 2010
Completed

About This Condo

This property is a 463 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 2010. You can buy this condo for a base price of $143,000 ($308/Sqft).

For sale in Bangkok, 1-bedroom apartment in Sukhumvit 16, 3 min from MRT Queen Sirikit Convention Center and 5 min from BTS Asoke with the free Shuttle. This 43 sq.m apartment features an open plan living room with a dining area and a kitchen, 1 bedroom and 1 bathroom. This apartment enjoy a balcony. The residence features a swimming pool on the roof and a fitness room. This apartment is sold fully furnished.  Contact us for more information.  

Features

Private GymPrivate Gym Pool AccessPool Access Covered ParkingCovered Parking Wifi IncludedWifi Included Washing MachineWashing Machine

Basic Information

Date Listed Jun 28, 2022
Updated N/A
Property Type Condo
Floor Ground Floor
Bedroom 1
Size 463 Sqft
Price per Sqft $308
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
N/A
View(s) N/A
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.
$44/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1116048

Investment Opportunity: Charges & Yield

Sale Price
$143,000
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.
$44/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.
19
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 XVI The Sixteenth Condominium, and the current sales price.
5%

Project Details

Construction: Completed (Dec 2010)
Floors: 8
Buildings: 1
Units: 76
Project Area: 9,946 Sqft
Location: Khlong Toei, Bangkok
XVI The Sixteenth Condominium 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Shuttle Bus Shuttle Bus

Available Units at XVI The Sixteenth Condominium

For Sale 10 For Rent 16
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Frequently Asked Questions

No pets are allowed at XVI The Sixteenth Condominium 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 $44 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.
Queen Sirikit National Convention Centre MRT is the nearest MRT Station from XVI The Sixteenth Condominium 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 XVI The Sixteenth Condominium 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A private place, close to the shopping center
Zani Wiriya, Thailand, 7 years ago
I've rented a 2-bedroom condo here with my friend. The room is spacious, styled in modern, and fully furnished. Since the project has been launched for many years, something may be worn out, such as the paint on the wall on the balcony peeling off, but that's okay. The project is beautifully decorated and provides complete facilities to its residents, including the swimming pool, gym, garden, and shuttle bus service to the nearest MRT station, such an impressive point for me as it's time-saving and convenient. Besides, the location is close to many amenities, such as convenience stores and large shopping malls like Terminal 21. It's such a heaven for shop lovers because of the convenience and closes of the mall.
Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby XVI The Sixteenth Condominium

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
Khlong Toei, Khlong Toei, Bangkok
Number of units
70
Sales Prices
$145.69K - $180.66K
Monthly Rentals
$583 - $2.48K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Monterey Place
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
196
Sales Prices
$122.38K - $845K
▼ -37% underpriced
Monthly Rentals
$583 - $2.91K
Year Built
Dec 1994
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
316
Sales Prices
$77.22K - $232.61K
▼ -12.6% underpriced
Monthly Rentals
$350 - $758
Year Built
Feb 2018
Completion Status
Completed
Project Name
La Maison 22
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
35
Sales Prices
$801.3K
Monthly Rentals
$1.02K - $1.4K
Year Built
Jan 1994
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
269
Sales Prices
$212.71K - $1.89M
▼ -4.3% underpriced
Monthly Rentals
$874 - $4.37K
Year Built
Dec 2008
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
331
Sales Prices
$174.54K - $1.37M
▼ -7.7% underpriced
Monthly Rentals
$728 - $2.91K
Year Built
Dec 2019
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
331
Sales Prices
$289.92K - $1.37M
Monthly Rentals
N/A
Year Built
Jan 2020
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
140
Sales Prices
$122.38K - $233.1K
▼ -3.5% underpriced
Monthly Rentals
$452 - $1.31K
Year Built
Dec 2010
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
193
Sales Prices
$61.19K - $100.82K
▼ -36% underpriced
Monthly Rentals
$379 - $524
Year Built
Oct 2012
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
245
Sales Prices
$227.28K
Monthly Rentals
$1.27K - $4.05K
Year Built
Dec 2017
Completion Status
Completed
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