Unit ID: U575868
3% Rental Yield
Tenant-Occupied until Dec 1, 2024
Khlong Toei, Khlong Toei,Bangkok
$785,000
2 Bedrooms
2
Bathrooms
1,173 Sqft
Size
22
Floor
Dec 2003
Completed

About This Condo

This property is a 1,173 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 Dec 2003. You can buy this condo for a base price of $785,000 ($669/Sqft) and it is also available for long term rentals starting from $2,230 per month.

Luxurious Renovated Lake Facing 2BR Condo at the Lakes

Unique offering of a luxurious 2BR lake front condo at the Lakes, which is only a 5 minute walk from Asoke intersection and the BTS/MRT interchange. The condo is appointed with care and luxury in mind, from an owner's perspective. There are unique amenities not usually seen in condos, such as a custom Lutron lighting system, jacuzzi tub, wine fridge, sound system and wall decorations and custom curtains. The condo was recently fully renovated, with new floors, ceiling, fixtures and built-in furniture throughout. The balcony has expansive city views, and offers a unique layout that is based on a 2BR master plan, but offers a retractable wall to enhance the size of the living area and office. One of the most unique 2BR units in the Lakes! Please contact me with any questions, thank you for your interest.

Features

JacuzziJacuzzi TerraceTerrace BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated (2014) Renovated KitchenRenovated Kitchen (2014) OvenOven

Basic Information

Date Listed May 22, 2020
Updated 3 weeks ago
Property Type Condo
Floor 22
Bedrooms 2
Size 1,173 Sqft
Price per Sqft $669
Pets Cats and Dogs (small only)
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
Unfurnished
View(s) Lake View, Park View, 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.
$113/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U575868

Investment Opportunity: Charges & Yield

Sale Price
$785,000
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.
$113/mo
Rent
$2,230/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.
29
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: The Lakes
Developer: Raimon Land PCL.
Construction: Completed (Dec 2003)
Floors: 36
Buildings: 1
Units: 165
Project Area: 34,445 Sqft
Nearest Landmark Asok BTS - 0.4 Km
Location: Khlong Toei, Bangkok
The Lakes 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Lakes

  • Communal Pool
    35th Floor
  • Communal Gym
    35th Floor
  • Indoor Kids Zone
    35th Floor
  • Co-Working Space / Meeting Room
    35th Floor

Available Units at The Lakes

For Sale 18 For Rent 42
Updated 2 weeks ago
Available Units at The Lakes
$535,000
$452/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,184 Sqft Size
Floor 15 Floor
Fully Furnished Unblocked Open View
Updated 2 weeks ago
Available Units at The Lakes
$713,000
$608/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,173 Sqft Size
Floor 12 Floor
Thai Quota Lake View
Available Units at The Lakes
$514,000
$468/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,098 Sqft Size
Floor 23 Floor
Updated 4 weeks ago
Available Units at The Lakes
$743,000
$633/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,173 Sqft Size
Floor 14 Floor
Available Units at The Lakes
$475,000
$659/Sqft
Beds 1 Beds
Baths 1 Baths
Size 721 Sqft Size
Floor 17 Floor
Available Units at The Lakes
$1,070,000
$565/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,894 Sqft Size
Floor 32 Floor
Foreign Quota Partly Furnished City View
Updated 2 months ago
Available Units at The Lakes
$1,340,000
$672/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,991 Sqft Size
Floor 31 Floor
Unfurnished Lake View
Available Units at The Lakes
$916,000
$483/Sqft
Great Price
Beds 2 Beds
Baths 2 Baths
Size 1,894 Sqft Size
Floor 30 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Lakes
$966,000$1,160,000
$598/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,615 Sqft Size
Floor 12 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at The Lakes
$498,000
$690/Sqft
Beds 1 Beds
Baths 1 Baths
Size 721 Sqft Size
Floor 17 Floor
Unfurnished
Available Units at The Lakes
$765,000
$652/Sqft
Good Price
Beds 2 Beds
Baths 2 Baths
Size 1,173 Sqft Size
Floor 14 Floor
Thai Quota Fully Furnished City View
Available Units at The Lakes
$474,000
$657/Sqft
Beds 1 Beds
Baths 1 Baths
Size 721 Sqft Size
Floor 17 Floor
Foreign Quota Fully Furnished City View
Available Units at The Lakes
$713,000
$603/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,184 Sqft Size
Floor 12 Floor
Thai Quota Fully Furnished Park View
Available Units at The Lakes
$713,000
$603/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,184 Sqft Size
Floor 14 Floor
Thai Quota Fully Furnished Park View
Available Units at The Lakes
$892,000
$760/Sqft
Beds 1 Beds
Baths 2 Baths
Size 1,173 Sqft Size
Floor 21 Floor
Foreign Quota Fully Furnished Park View
Updated 2 months ago
Available Units at The Lakes
$1,840,000
$725/Sqft
Beds 4 Beds
Baths 3 Baths
Size 2,540 Sqft Size
Floor 22 Floor
Foreign Quota Unfurnished Lake View
Updated 1 month ago
Available Units at The Lakes
$532,000$574,000
$449/Sqft
Great Price
Beds 2 Beds
Baths 2 Baths
Size 1,184 Sqft Size
Floor 29 Floor
Thai Quota Fully Furnished City View
Updated 3 weeks ago
Available Units at The Lakes
$785,000
$669/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,173 Sqft Size
Floor 22 Floor
Foreign Quota Unfurnished Lake View
Get notified when new homes are being added to The Lakes
View All (18)

Loan Calculator

Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at The Lakes.
The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $113 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.
Asok BTS is the nearest BTS Station from The Lakes and it is 0.4 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 Lakes 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

4.3 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good location, next to park
Danny Lui, China, 5 years ago
The project is for rent and sale. It is an excellent location in the Central business district and adjacent to Benjakitti Park, which is a nice residential area. Easy to dine out or buy food. Only 600 meters from Terminal 21 and Korean Town. Very convenient to travel as it's close to Asoke BTS. The project is luxurious even though the building has been completed for a long time, but it's well maintained. The people here are friendly too. High security with key card access system.
Nice room, nice view
Sharee Ragin, United Kingdom, 5 years ago
We are on the 29th floor of this building. Our room is 2 bedrooms and 2 bathrooms. We have all renovated because of the old furniture as it starts to crumble and cannot be used. After finishing the renovation, our room looks better and the living area is more spacious than the previous one. We have renovated the balcony area to a small garden for relaxing, which allows a great view. It is a perfect spot to sit and sip wine comfortably. As for the common areas, we don't use the service very often. However, if I'm going to use it, I never feel disappointed because the common areas are clean. The fitness center also has complete equipment, and the staff is always available for service hours. In the building area, there are also 24-hour security guards.
A condo that is good value and close to Asoke BTS
Johna Condrey, Australia, 5 years ago
It is a modern style condo located in the city center. There is high privacy, peace, and a large room. Our bedroom has a beautiful city view and inside comprises a spacious comfortable to stay, and the staff is helpful and lovely. The communal is also beautiful. If a family has children, you will like it here because there is also an area for small children. It is also very calm. And of course, you should buy it or rent it out, very good value !!
It is one of the best locations in Bangkok.
Mira Suzuki, Japan, 6 years ago
The condo is located near the Benjakitti Park entrance. It is considered located in a good location. The staff is also helpful, but the condo is located on the main road, which is a little busy. Sometimes, the traffic is terrible. Anyway, my bedroom is on the 22nd floor, so it is not noisy. Also, the project site is not crowded and safe. The balcony offers a beautiful city and park views. Travel is not complicated, only about 600 meters from the Terminal 21 Shopping Mall.
The staff here is friendly
Aurora M., United States, 6 years ago
The staff here is friendly from the first day of my stay until the last day. My family and I stayed in a 3-bedroom 2-bathroom unit that was very spacious with luxurious built-in furniture. The room's balcony was expansive; we could see the city view and Benjakitti Park opposite the project when opening the windows. The atmosphere is perfect; I really like it here and will definitely stay here again if I come to Bangkok. If you have a car, you should spare some time for traveling because the project is adjacent to Ratchadaphisek Road, where the traffic is slightly jammed. I recommend using the Skytrain. Asoke BTS is just 5 minutes walk from the project.
Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Lakes

Location
Number of units
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Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
N/A
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▼ -39% underpriced
Monthly Rentals
$2.65K - $13K
Year Built
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Khlong Toei, Khlong Toei, Bangkok
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Khlong Toei, Khlong Toei, Bangkok
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Khlong Toei, Khlong Toei, Bangkok
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Year Built
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Location
Khlong Toei, Khlong Toei, Bangkok
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