Unit ID: U1682014
6% Rental Yield
Khlong Toei, Khlong Toei,Bangkok
$127,000
1 Bedroom
1
Bathroom
409 Sqft
Size
5
Floor
Dec 2010
Completed

About This Condo

This property is a 409 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 $127,000 ($311/Sqft) and it is also available for long term rentals starting from $664 per month.

For Sale and Rent XVI The Sixteenth Condominum

Modern 1 Bedroom Condo in the Heart of Bangkok - XVI The Sixteenth Condominium Discover the epitome of urban living in this stylish 1-bedroom, 1-bathroom condo with a generous 38 sqm size at XVI The Sixteenth Condominium. This condominium offers a perfect blend of comfort and convenience. About XVI The Sixteenth Condominium: Situated at 614 Sukhumvit Road, Khlong Toei, this exclusive project by renowned developer Rhythm Asoke 2 offers 21 meticulously designed units, each thoughtfully crafted for modern living. Luxurious Amenities: XVI The Sixteenth Condominium boasts a range of premium facilities, including a secure garage, serene garden with BBQ area, well-equipped gym, reliable elevators, 24-hour security, and a refreshing swimming pool. Prime Location: Conveniently located just 1.3 km (approximately 6 minutes by car) from the Queen Sirikit National Convention Centre, this condo also offers easy access to the nearest tollway entrance, which is only 1.7 km away. Shopping and Education: Enjoy proximity to various shopping options like Tops Market (Sukhumvit 24), Twenty Four Avenue, Queen Park Plaza, and more. For families, nearby schools include Aksara International School, Sainampeung School, and Sai Namthip School. Culinary Delights: Savor a diverse culinary experience with restaurants like Bali Laos Restaurant, Chom Suan Restaurant, Gastro 1/6, and many more within walking distance. Healthcare Access: For your healthcare needs, the Thailand Tobacco Monopoly Hospital is just 1.7 km away.

Features

Wifi IncludedWifi Included TVTV Cable TVCable TV

Basic Information

Date Listed Nov 3, 2023
Updated 7 months ago
Property Type Condo
Floor 5
Bedroom 1
Size 409 Sqft
Price per Sqft $311
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%.

Foreign 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 Building 1
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.
$38/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 U1682014

Investment Opportunity: Charges & Yield

Sale Price
$127,000
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.
$38/mo
Rent
$664/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.
16
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.
6%

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
Get notified when new homes are being added to XVI The Sixteenth Condominium
View All (10)

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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 $38 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
$161.77K - $179.1K
Monthly Rentals
$578 - $2.46K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Monterey Place
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
196
Sales Prices
$121.33K - $837.73K
▼ -37% underpriced
Monthly Rentals
$578 - $2.89K
Year Built
Dec 1994
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
316
Sales Prices
$82.33K - $230.61K
▼ -12.6% underpriced
Monthly Rentals
$347 - $751
Year Built
Feb 2018
Completion Status
Completed
Project Name
La Maison 22
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
35
Sales Prices
$794.4K
Monthly Rentals
$1.01K - $1.39K
Year Built
Jan 1994
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
269
Sales Prices
$210.88K - $1.88M
▼ -4.3% underpriced
Monthly Rentals
$867 - $4.33K
Year Built
Dec 2008
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
331
Sales Prices
$173.04K - $1.36M
▼ -7.7% underpriced
Monthly Rentals
$722 - $2.89K
Year Built
Dec 2019
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
331
Sales Prices
$287.43K - $1.36M
Monthly Rentals
N/A
Year Built
Jan 2020
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
140
Sales Prices
$121.33K - $231.1K
▼ -3.5% underpriced
Monthly Rentals
$448 - $1.3K
Year Built
Dec 2010
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
193
Sales Prices
$60.66K - $99.95K
▼ -36% underpriced
Monthly Rentals
$376 - $520
Year Built
Oct 2012
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
245
Sales Prices
$225.32K
Monthly Rentals
$1.26K - $4.01K
Year Built
Dec 2017
Completion Status
Completed
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