Unit ID: U1620686
6% Rental Yield
Talat Phlu, Thon Buri,Bangkok
$172,000
2 Bedrooms
2
Bathrooms
603 Sqft
Size
11
Floor
Dec 2014
Completed

About This Condo

This property is a 603 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Talat Phlu, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of $172,000 ($285/Sqft) and it is also available for long term rentals starting from $875 per month.

Condo for Sale 3 Mins Walk to the Wutthakat BTS station

Condo for sale with Quality building, good maintenance, save area, very convenient for transportation, 3 mins walk to BTS station, 7-11 stores are around. 5 BTS stations to Iconsiam. It's a quiet area to live or work, but very convenient to get in city with public transportation, The unit is quite new with good maintenance.

Features

MicrowaveMicrowave TVTV

Basic Information

Date Listed Jun 22, 2023
Updated 3 weeks ago
Property Type Condo
Floor 11
Bedrooms 2
Size 603 Sqft
Price per Sqft $285
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) Skyline View, River or Canal View, 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.
$65/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1620686

Investment Opportunity: Charges & Yield

Sale Price
$172,000
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.
$65/mo
Rent
$875/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
6%

Project Details

Project Name: The Key Wutthakat
Developer: Land and Houses
Construction: Completed (Dec 2014)
Floors: 21
Buildings: N/A
Units: 441
Project Area: N/A
Nearest Landmark Wutthakat BTS - 0.2 Km
Location: Talat Phlu, Bangkok
The Key Wutthakat Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at The Key Wutthakat

For Sale 7 For Rent 9
Get notified when new homes are being added to The Key Wutthakat
View All (7)

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Frequently Asked Questions

No pets are allowed at The Key Wutthakat 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 $65 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.
Wutthakat BTS is the nearest BTS Station from The Key Wutthakat 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 The Key Wutthakat 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
Nice condo in Wutthakat area
Pachara Chaipipitkul, Thailand, 6 years ago
I had the opportunity to visit this project because I have got a few things to do with my friends who are here. The first thing I noticed when I arrived was how beautiful the exterior of the building is. It's also designed to fit the era. I was even more impressed when I walked into the project because the inside was equally as beautiful. In terms of common area, it is allocated to be fully equipped, such as 2 swimming pools, fitness center, meeting room, reading room, and many others. My friend's room is a 1-bedroom unit. The room is spacious, making me feel comfortable. The furniture is nice and functional. In addition, the staff is doing an excellent job in terms of maintaining safety and cleanliness. More importantly, the project is close to Wutthakat BTS station, so it is highly convenient to travel. However, there is the issue of roads that appear to be less convenient for car owners because the project's location is in a deep corner. And, if you want to go into the city, you'll have to drive a long distance.
Bangkok
Talat Phlu

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Key Wutthakat

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Bang Kho, Thon Buri, Bangkok
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Year Built
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Completion Status
Completed
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