Unit ID: U1875508
4% Rental Yield
Khlong Toei, Khlong Toei,Bangkok
$658,000
2 Bedrooms
2
Bathrooms
2,024 Sqft
Size
10
Floor
Jan 1991
Completed

About This Condo

This property is a 2,024 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Khlong Toei, Bangkok and was completed in Jan 1991. You can buy this condo for a base price of $658,000 ($325/Sqft).

The unit has outstanding views, a fully equipped kitchen and a Maids room with its own bathroom and separate entrance.

Features

BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Jun 19, 2024
Updated 3 months ago
Property Type Condo
Floor 10
Bedrooms 2
Size 2,024 Sqft
Price per Sqft $325
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 Newton Tower
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.
$242/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1875508

Investment Opportunity: Charges & Yield

Sale Price
$658,000
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.
$242/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 Newton Tower, and the current sales price.
4%

Project Details

Project Name: Newton Tower
Construction: Completed (Jan 1991)
Floors: 25
Buildings: 1
Units: 82
Project Area: 19,773 Sqft
Nearest Landmark Nana BTS - 0.2 Km
Location: Khlong Toei, Bangkok
Newton Tower Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Newton Tower

  • Communal Pool
    6th Floor
  • Communal Gym
    6th Floor
  • Indoor Kids Zone
    6th Floor
  • Sauna
    6th Floor
  • Communal Garden Area
    6th Floor

Available Units at Newton Tower

For Sale 3 For Rent 15
Get notified when new homes are being added to Newton Tower
View All (3)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Newton Tower 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 $242 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.
Nana BTS is the nearest BTS Station from Newton Tower and it is 0.2 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 Newton Tower 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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The room is really big.
Daniel R., United States, 6 years ago
To be honest, the room here is very big. Even the 2-bedroom unit has an area of 120 square meters, and the balcony is wide enough to see the whole city view day and night. It also comes with full furniture. Besides, the project only has around 80 units so it won’t be busy. The neighbors mostly are business people. Also, there are many facilities, such as a swimming pool, a fitness room, a sauna, a garden and so on. However, the juristic of this project isn’t willing to give me a service. I’m not okay with them. Apart from this, It’s all good, especially the central location close to everything. I can walk to Nana BTS within less than 5 minutes. It is near Terminal 21 and Central Department Store as well.
Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Newton Tower

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
100
Sales Prices
$307.23K - $1.05M
Monthly Rentals
$1.32K - $2.78K
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Completion Status
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Location
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Number of units
480
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▼ -39% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Sales Prices
$307.23K - $522.29K
▲ 19.7% overpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
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Sales Prices
$73.15K - $292.6K
▼ -48% underpriced
Monthly Rentals
$351 - $1.46K
Year Built
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Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
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Sales Prices
$217.11K - $525.22K
▲ 10% overpriced
Monthly Rentals
$1.02K - $1.46K
Year Built
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Completion Status
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Project Name
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Location
Khlong Toei Nuea, Khlong Toei, Bangkok
Number of units
455
Sales Prices
$157.71K - $4.39M
▼ -0.2% underpriced
Monthly Rentals
$585 - $5.85K
Year Built
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Completion Status
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Project Name
Sukhumvit Casa
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
60
Sales Prices
$348.19K - $3.98M
▲ 24% overpriced
Monthly Rentals
$1.4K - $5.85K
Year Built
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Completion Status
Completed
Project Name
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Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
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Sales Prices
$105.34K - $222.38K
▼ -41% underpriced
Monthly Rentals
$439 - $1.46K
Year Built
Dec 1994
Completion Status
Completed
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