Unit ID: U1972906
6% Rental Yield
Suan Luang, Suan Luang,Bangkok
$225,000
2 Bedrooms
2
Bathrooms
615 Sqft
Size
20
Floor
Dec 2020
Completed

About This Condo

This property is a 615 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Dec 2020. You can buy this condo for a base price of $225,000 ($366/Sqft).

Features

BalconyBalcony

Basic Information

Date Listed Nov 20, 2024
Updated N/A
Property Type Condo
Floor 20
Bedrooms 2
Size 615 Sqft
Price per Sqft $366
Pets All Kind of Pets 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, Thai Quota, Company
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View
Unit Type 2BR-2B
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.
$107/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1972906

Investment Opportunity: Charges & Yield

Sale Price
$225,000
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.
$107/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 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 Metris Pattanakarn - Ekkamai, and the current sales price.
6%

Project Details

Construction: Completed (Dec 2020)
Floors: 29
Buildings: 1
Units: 341
Project Area: 34,445 Sqft
Nearest Landmark Ramkhamhaeng ARL - 0.9 Km
Location: Suan Luang, Bangkok
Metris Pattanakarn - Ekkamai 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
Walking / Running Track Walking / Running Track
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area

Popular Facilities at Metris Pattanakarn - Ekkamai

  • Communal Pool
    7th Floor
  • Communal Gym
    7th Floor
  • Reception / Lobby Area
    1st Floor
  • Walking / Running Track
    1st Floor
  • Co-Working Space / Meeting Room
    1st Floor
  • Communal Garden Area
    1st Floor

Available Units at Metris Pattanakarn - Ekkamai

For Sale 15 For Rent 2
Updated 2 days ago
Available Units at Metris Pattanakarn - Ekkamai
$179,000
$314/Sqft
Beds 2 Beds
Baths 1 Baths
Size 570 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished City View
Available Units at Metris Pattanakarn - Ekkamai
$86,400
$256/Sqft
Beds 1 Beds
Baths 1 Baths
Size 337 Sqft Size
Floor 20 Floor
Foreign Quota Partly Furnished City View
Available Units at Metris Pattanakarn - Ekkamai
$173,000
$303/Sqft
Beds 2 Beds
Baths 1 Baths
Size 570 Sqft Size
Floor 11 Floor
Thai Quota Partly Furnished City View
Available Units at Metris Pattanakarn - Ekkamai
$112,000
$332/Sqft
Beds 1 Beds
Baths 1 Baths
Size 338 Sqft Size
Floor 9 Floor
Foreign Quota City View
Available Units at Metris Pattanakarn - Ekkamai
$205,000
$350/Sqft
Beds 2 Beds
Baths 1 Baths
Size 585 Sqft Size
Floor 17 Floor
Foreign Quota City View
Available Units at Metris Pattanakarn - Ekkamai
$86,400
$256/Sqft
Beds 1 Beds
Baths 1 Baths
Size 337 Sqft Size
Floor 16 Floor
Foreign Quota Partly Furnished City View
Available Units at Metris Pattanakarn - Ekkamai
$188,000
$554/Sqft
Beds 1 Beds
Baths 1 Baths
Size 339 Sqft Size
Floor 10 Floor
Foreign Quota Partly Furnished City View
Available Units at Metris Pattanakarn - Ekkamai
$113,000
$351/Sqft
Beds 1 Beds
Baths 1 Baths
Size 322 Sqft Size
Floor 20 Floor
Foreign Quota City View
Available Units at Metris Pattanakarn - Ekkamai
$225,000
$366/Sqft
Beds 2 Beds
Baths 2 Baths
Size 615 Sqft Size
Floor 20 Floor
Foreign Quota City View
Available Units at Metris Pattanakarn - Ekkamai
$114,000
$354/Sqft
Beds 1 Beds
Baths 1 Baths
Size 322 Sqft Size
Floor 21 Floor
Foreign Quota City View
Available Units at Metris Pattanakarn - Ekkamai
$115,000
$357/Sqft
Beds 1 Beds
Baths 1 Baths
Size 322 Sqft Size
Floor 22 Floor
Foreign Quota City View
Available Units at Metris Pattanakarn - Ekkamai
$117,000
$362/Sqft
Beds 1 Beds
Baths 1 Baths
Size 322 Sqft Size
Floor 21 Floor
Foreign Quota City View
Available Units at Metris Pattanakarn - Ekkamai
$118,000
$365/Sqft
Beds 1 Beds
Baths 1 Baths
Size 322 Sqft Size
Floor 22 Floor
Foreign Quota City View
Available Units at Metris Pattanakarn - Ekkamai
$118,000
$361/Sqft
Beds 1 Beds
Baths 1 Baths
Size 327 Sqft Size
Floor 21 Floor
Foreign Quota City View
Available Units at Metris Pattanakarn - Ekkamai
$122,000
$374/Sqft
Beds 1 Beds
Baths 1 Baths
Size 327 Sqft Size
Floor 25 Floor
Foreign Quota City View
Get notified when new homes are being added to Metris Pattanakarn - Ekkamai
View All (15)

Loan Calculator

Payment Plan

Term of Payment
Installment Milestone Payment
Reservation Deposit
Immediately
$578
1st Installment
Upon contract signing
$867
2nd Installment
On handover
100%

Frequently Asked Questions

All kind of pets are allowed at Metris Pattanakarn - Ekkamai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is $2 per square meter based on the size of indoor area of the property and is $107 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 Metris Pattanakarn - Ekkamai the required payment for the sinking fund is $19 per square meter based on the size of the indoor area of the property.
Ramkhamhaeng ARL is the nearest Airport Rail Link Station from Metris Pattanakarn - Ekkamai and it is 0.9 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 Metris Pattanakarn - Ekkamai you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Term of Payment
Installment Milestone Payment
Reservation Deposit
Immediately
$578
1st Installment
Upon contract signing
$867
2nd Installment
On handover
100%

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
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It's the perfect option for the rental business.
Frang Chen., China, 4 years ago
I bought a one-bedroom unit in this project a while ago, and now I rent out the unit. I would say that it's worth the investment and it's also in the perfect location. I recommend this place for those who look for a cool condo in the city or who work in the Suan Luang area. The room's interior is divided into proportions, such as the kitchen area, bathroom, and living room. Overall, the design is elegant with brown tones making it look cool. The project has facilities within common areas such as a swimming pool, gym, relaxing small garden, and areas for pets. More importantly, the security system is reliable.
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Metris Pattanakarn - Ekkamai

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
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
$72.08K - $181.52K
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
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Number of units
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Sales Prices
$57.55K - $60.43K
Monthly Rentals
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Year Built
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Completion Status
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
$65.89K - $106.47K
Monthly Rentals
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
$73.38K - $207.18K
▼ -20.3% underpriced
Monthly Rentals
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Year Built
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
$66.18K - $318.22K
Monthly Rentals
$317 - $1.01K
Year Built
Mar 2022
Completion Status
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
883
Sales Prices
$74.81K - $195.38K
▼ -22% underpriced
Monthly Rentals
$317 - $1.01K
Year Built
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Completion Status
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
$65.61K - $158.26K
▼ -10% underpriced
Monthly Rentals
$288 - $719
Year Built
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Completion Status
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
1003
Sales Prices
$63.02K - $162.2K
▼ -6% underpriced
Monthly Rentals
$317 - $633
Year Built
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
120
Sales Prices
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▼ -41% underpriced
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
16
Sales Prices
$471.91K - $776.92K
▼ -49% underpriced
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
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