Unit ID: U1728842
4% Rental Yield
Tenant-Occupied until Feb 1, 2025
Khlong Toei Nuea, Watthana,Bangkok
$218,000
2 Bedrooms
1
Bathroom
807 Sqft
Size
12
Floor
Dec 1996
Completed

About This Condo

This property is a 807 Sqft condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Khlong Toei Nuea, Bangkok and was completed in Dec 1996. You can buy this condo for a base price of $218,000 ($270/Sqft) and it is also available for long term rentals starting from $638 per month.

Features

BalconyBalcony Wifi IncludedWifi Included BathtubBathtub Renovated BathroomRenovated Bathroom MicrowaveMicrowave

Basic Information

Date Listed Feb 6, 2024
Updated 1 day ago
Property Type Condo
Floor 12
Bedrooms 2
Size 807 Sqft
Price per Sqft $270
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 Asoke Place
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.
$76/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1728842

Investment Opportunity: Charges & Yield

Sale Price
$218,000
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.
$76/mo
Rent
$638/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.
28
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.
4%

Project Details

Project Name: Asoke Place
Developer: Asoke Place
Construction: Completed (Dec 1996)
Floors: 40
Buildings: 1
Units: 344
Project Area: 43,228 Sqft
Nearest Landmark Sukhumvit MRT - 0.4 Km
Location: Khlong Toei Nuea, Bangkok
Asoke Place 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Party Hall / Group Entertainment Party Hall / Group Entertainment
Library / Reading Room Library / Reading Room
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Asoke Place

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Library / Reading Room
    Ground Floor

Available Units at Asoke Place

For Sale 12 For Rent 57
Get notified when new homes are being added to Asoke Place
View All (12)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Asoke Place 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 $76 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.
Sukhumvit MRT is the nearest MRT Station from Asoke Place and it is 0.4 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 Asoke Place 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 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Old condo but great location
Efren Milbourn, United States, 4 years ago
It is an old condo, but the project location is good, near Asoke BTS station. So I chose to rent here because it is close to the office and easy to travel to. The condo area is clean, quiet, and features a complete range of common facilities, but it is quite old. I think that the condo hasn't been maintained for a while. Everything looks old and not very attractive to use. As for my room, it is a fully furnished one-bedroom and well-allocated space. Besides, it is well-ventilated through it all day. Therefore, the room is not musty. Moreover, the nearby neighbors are friendly, kind, and do not make noise during the night. Overall, the environment here is nice, and the price is not high too.
Near to Sukhumvit MRT station
Richa Lee, Malaysia, 5 years ago
I soon moved to Thailand to work. Looking for a place to live in the city center was difficult for me because I want a quiet and safe place. The condo here is convenient for both travel and safety requirements because there is staff to take care of the safety 24 hours. It is also close to many shopping centers such as Terminal 21 and Korea town, which I can walk only 15-20 minutes. Besides, it is near to Sukhumvit MRT station, which is a 5-minute walk as well as you can go to various places easily and quickly. The common area is quite old and outdated. It is rarely renovated or maintained, but in the area of the room is considered well. My room is on a high floor with a stunning view, well-ventilation, and beautiful furniture and interior decoration. The communal pool is spacious and clean. However, the parking space is not enough for the number of residents, yet old fitness and too little equipment. Anyway, if there is a renovation in a common area, it will be great. Overall, not worth the price paid. But a great location!!
Comfortable and complete life
Arisa L., Thailand, 6 years ago
Perfect location in the heart of Bangkok with great views and life is very comfortable. Around the condo, there are convenience stores. In addition, it is only a 5-minute walk to the BTS, MRT, and Terminal 21 shopping mall. The facilities are also complete. Overall, everything is very good. I can live smoothly without any problems.
This condo is well-maintained
Frederic Engberg, Germany, 6 years ago
Even if the building looks quite old and outdated compared to other condos in the area, the inside is well-maintained. Plus, the room is extensively large at 81 sq.m and fully furnished. Shame that the swimming pool is quite small considering the number of residents. If you need privacy, you should come on the weekdays. From the project, it's just 5 minutes walk to Asoke MRT, super convenient!
Appreciate it here!
Felix Bohr, France, 6 years ago
A project in the Asoke area, close to Sukhumvit BTS station in only 5 minutes and 1.5 kilometers from Asoke expressway. The common area has complete facilities, including a swimming pool, gym, passenger elevators, parking, 24-hour security system with CCTV, which gives me peace of mind during my stay. Here, I have received good care and service from the juristic person. Appreciate it!
Prime location but old building
James H., United States, 6 years ago
If talking about the project's location, I can say that it's in the most prime location in the heart of Sukhumvit, close to the Asoke BTS, MRT, and SWU. You just have to deal with the traffic jam on this road if you have to use a car. The project is an old building, but the inside is well maintained. There is an outdoor pool, gym, and reception. The security guard is lovely and friendly. The bedroom's interior is spacious with wooden furniture, making the room look warm and more livable. Unfortunately, they are not allowed to have pets.
Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Asoke Place

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
Project Name
P.S. Tower
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
18
Sales Prices
$722.19K - $1.01M
Monthly Rentals
$2.6K
Year Built
Dec 1992
Completion Status
Completed
Project Name
Ocean Tower 2
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
N/A
Sales Prices
$1.18M
Monthly Rentals
$1.21K - $4.62K
Year Built
Jan 1993
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
79
Sales Prices
$332.21K - $2.46M
▲ 2.6% overpriced
Monthly Rentals
$867 - $6.93K
Year Built
Dec 2007
Completion Status
Completed
Project Name
The Esse Asoke
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
419
Sales Prices
$206.54K - $1.42M
▼ -1.3% underpriced
Monthly Rentals
$867 - $5.2K
Year Built
Apr 2019
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
213
Sales Prices
$190.66K - $730.85K
▼ -12.3% underpriced
Monthly Rentals
$607 - $3.47K
Year Built
Jan 2013
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
481
Sales Prices
$104.28K - $459.31K
▲ 8.2% overpriced
Monthly Rentals
$376 - $1.44K
Year Built
Dec 2004
Completion Status
Completed
Project Name
Liberty Park 1
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
79
Sales Prices
$751.07K - $808.85K
▼ -46% underpriced
Monthly Rentals
$838 - $2.17K
Year Built
Jan 1993
Completion Status
Completed
Project Name
Baan Suksan
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
89
Sales Prices
$151.66K - $228.21K
Monthly Rentals
$462 - $1.01K
Year Built
Jan 1999
Completion Status
Completed
Project Name
Prestige Towers
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
28
Sales Prices
$359.07K - $363.98K
Monthly Rentals
$924 - $1.88K
Year Built
Jan 1994
Completion Status
Completed
Project Name
Noble BE19
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
586
Sales Prices
$199.32K - $447.75K
▼ -6% underpriced
Monthly Rentals
$578 - $3.47K
Year Built
Aug 2020
Completion Status
Completed
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