Unit ID: U1081128
4% Rental Yield
Thung Mahamek, Sathon,Bangkok
$347,000
2 Bedrooms
2
Bathrooms
1,389 Sqft
Size
8
Floor
Dec 2001
Completed

About This Condo

This property is a 1,389 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thung Mahamek, Bangkok and was completed in Dec 2001. You can buy this condo for a base price of $347,000 ($250/Sqft).

2+1 bedroom low rise for sale on Suanplu Sathorn. This unit is 7 minutes’ drive to Lumpini MRT station and 11 minutes’ drive to Sala Daeng BTS Station and 9 minutes’ drive to Rama 4-2 Toll Plaza. It has an easy access to shopping department stores, international schools, hospitals, and restaurants. This unit has 2 bedrooms, 1 study room, 2 bathrooms, 2 parking space, living, dining, kitchen with useable area of 129 sq.m. The unit is fully furnished and fully equipped. The building facilities comprise of swimming pool, fitness, garden, Wi-Fi, car parking and 24 hours security.

Property ID:  [ABKK28417]

Features

BalconyBalcony Wifi IncludedWifi Included

Basic Information

Date Listed Apr 20, 2022
Updated 2 years ago
Property Type Condo
Floor 8
Bedrooms 2
Size 1,389 Sqft
Price per Sqft $250
Pets N/A
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
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.
$112/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1081128

Investment Opportunity: Charges & Yield

Sale Price
$347,000
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.
$112/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.
24
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 2 bedroom condos at Baan Preuksasiri Suanplu, and the current sales price.
4%

Project Details

Project Name: Baan Preuksasiri Suanplu
Developer: N/A
Construction: Completed (Dec 2001)
Floors: 8
Buildings: N/A
Units: 58
Project Area: N/A
Nearest Landmark Lumphini MRT - 1 Km
Location: Thung Mahamek, Bangkok
Baan Preuksasiri Suanplu Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Baan Preuksasiri Suanplu

For Sale 2 For Rent 4
Get notified when new homes are being added to Baan Preuksasiri Suanplu
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Frequently Asked Questions

The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $112 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.
Lumphini MRT is the nearest MRT Station from Baan Preuksasiri Suanplu and it is 1 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 Baan Preuksasiri Suanplu 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
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I would highly recommend it.
Jedsada Pakdeevijit, Thailand, 3 years ago
I recently decided to buy a condo with this website because it is very well maintained even though it was built for many years. The building looks good, has a shady atmosphere, and full facilities. The pool and gym are big, so great! I bought a 3 bedroom, 3 bathroom unit on the 4th floor. Even though this room is a resale unit, it still has excellent room condition and affordable price. I think this place can be a good investment as it is close to Sala Daeng BTS, Lumphini MRT, shopping malls, hospitals, and universities. I would highly recommend it.
Bangkok
Thung Mahamek

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Preuksasiri Suanplu

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
Thung Mahamek, Sathon, Bangkok
Number of units
281
Sales Prices
$259.99K
Monthly Rentals
$260 - $867
Year Built
Jan 2003
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
180
Sales Prices
$196.43K - $470.86K
▼ -25% underpriced
Monthly Rentals
$664 - $5.78K
Year Built
Dec 2015
Completion Status
Completed
Project Name
The Seed Mingle
Location
Thung Mahamek, Sathon, Bangkok
Number of units
531
Sales Prices
$80.88K - $245.54K
▼ -13.9% underpriced
Monthly Rentals
$318 - $1.44K
Year Built
Dec 2011
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
302
Sales Prices
$98.22K - $401.68K
▼ -27% underpriced
Monthly Rentals
$404 - $867
Year Built
Jan 2006
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
134
Sales Prices
$805.96K - $1.73M
Monthly Rentals
$1.24K - $4.04K
Year Built
Nov 2021
Completion Status
Completed
Project Name
Baan Piya Sathorn
Location
Thung Mahamek, Sathon, Bangkok
Number of units
146
Sales Prices
$375.54K - $1.94M
▼ -17% underpriced
Monthly Rentals
$924 - $2.17K
Year Built
Dec 1997
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
131
Sales Prices
$953.28K - $4.1M
Monthly Rentals
$1.88K - $4.77K
Year Built
Dec 1991
Completion Status
Completed
Project Name
Sathorn Gardens
Location
Thung Mahamek, Sathon, Bangkok
Number of units
580
Sales Prices
$158.88K - $2.89M
▼ -14.9% underpriced
Monthly Rentals
$520 - $2.89K
Year Built
Dec 2008
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
196
Sales Prices
$1.11M - $7.22M
▲ 7% overpriced
Monthly Rentals
$2.89K - $10.4K
Year Built
Dec 2009
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
720
Sales Prices
$306.21K - $2.16M
Monthly Rentals
$1.27K - $4.62K
Year Built
Feb 2023
Completion Status
Completed
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