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    2 Bedroom Condo for sale at Pyne by Sansiri
    Thanon Phet Buri, Ratchathewi,Bangkok
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    Sale Price
    $527,000
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    2 Bedroom Condo for sale at Pyne by Sansiri
    (2 Reviews)
    Unit ID: U1922748
    3% Rental Yield
    Thanon Phet Buri, Ratchathewi,Bangkok
    $527,000
    2 Bedrooms
    2
    Bathrooms
    818 Sqft
    Size
    35
    Floor
    Dec 2012
    Completed
    10
    Sale Price
    $527,000

    About This Condo

    This property is a 818 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thanon Phet Buri, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of $527,000 ($644/Sqft) and it is also available for long term rentals starting from $1,460 per month.

    Features

    TerraceTerrace DuplexDuplex BalconyBalcony BathtubBathtub

    Basic Information

    Date Listed Sep 2, 2024
    Updated 2 months ago
    Property Type Condo
    Floor 35
    Bedrooms 2
    Size 818 Sqft
    Price per Sqft $644
    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%.

    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, Unblocked Open 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.
    $122/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1922748

    Investment Opportunity: Charges & Yield

    Sale Price
    $527,000
    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.
    $122/mo
    Rent
    $1,460/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.
    30
    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.
    3%

    Project Details

    Project Name: Pyne by Sansiri
    Developer: N/A
    Construction: Completed (Dec 2012)
    Floors: 42
    Buildings: N/A
    Units: 298
    Project Area: 32,529 Sqft
    Nearest Landmark Ratchathewi BTS - 0.1 Km
    Location: Thanon Phet Buri, Bangkok
    Pyne by Sansiri 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
    Communal Garden Area Communal Garden Area

    Available Units at Pyne by Sansiri

    For Sale 12 For Rent 13
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Pyne by Sansiri
    View All (12)

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    Frequently Asked Questions

    No pets are allowed at Pyne by Sansiri 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 $2 per square meter based on the size of indoor area of the property and is $122 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 Pyne by Sansiri the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Ratchathewi BTS is the nearest BTS Station from Pyne by Sansiri and it is 0.1 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 Pyne by Sansiri 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

    4.8 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    This condo is very worthwhile
    Michael Huber, Netherlands, 4 years ago
    I really like this project's location because it is not far from Siam Paragon as it takes about 10 minutes to walk. Besides, there are famous department stores in that area. There are also many restaurants and shops. I stayed in a spacious one-bedroom unit. The facilities are complete, but I have to admit that the price here is relatively higher than in many condos. However, when considering its location in the city center, I think it is very worthwhile.
    Condo near Ratchathewi BTS
    Ticha Falk, Sweden, 8 years ago
    My girlfriend and I decided to rent a condo for this project in the Phayathai area since it is very convenient to travel just a few steps away from Ratchathewi BTS. Going to the mall is not far away by car as it is about 2 kilometers away from Siam Paragon. The room I rented is a two-bedroom unit, decorated in a modern style. The room is divided into good proportions. There is a living room, kitchen, and work area, plus built-in furniture. Most importantly, electrical appliances are available, including a washing machine, air conditioner, water heater, and microwave. My girlfriend and I agreed that the room we rented was perfect. It also comes with complete facilities, like a pool, gym, garden, parking lot and free Wifi in the common area. Overall, we were both very impressed.
    Bangkok
    Thanon Phet Buri

    Neighborhood Overview

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