Unit ID: U1975940
5% Rental Yield
Thung Mahamek, Sathon,Bangkok
$925,000
2 Bedrooms
2
Bathrooms
962 Sqft
Size
26
Floor
Nov 2021
Completed

About This Condo

This property is a 962 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thung Mahamek, Bangkok and was completed in Nov 2021. You can buy this condo for a base price of $925,000 ($962/Sqft).

Features

BalconyBalcony MicrowaveMicrowave

Basic Information

Date Listed Nov 28, 2024
Updated N/A
Property Type Condo
Floor 26
Bedrooms 2
Size 962 Sqft
Price per Sqft $962
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, Thai Quota, Company
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 2BR
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.
$288/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1975940

Investment Opportunity: Charges & Yield

Sale Price
$925,000
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.
$288/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.
21
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 The Reserve Sathorn, and the current sales price.
5%

Project Details

Project Name: The Reserve Sathorn
Developer: Pruksa Real Estate
Construction: Completed (Nov 2021)
Floors: 30
Buildings: N/A
Units: 134
Project Area: N/A
Nearest Landmark Sala Daeng BTS - 0.7 Km
Location: Thung Mahamek, Bangkok
The Reserve Sathorn Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Available Units at The Reserve Sathorn

For Sale 11 For Rent 12
Get notified when new homes are being added to The Reserve Sathorn
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Frequently Asked Questions

No pets are allowed at The Reserve Sathorn 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 $3 per square meter based on the size of indoor area of the property and is $288 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 The Reserve Sathorn the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
Sala Daeng BTS is the nearest BTS Station from The Reserve Sathorn and it is 0.7 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 Reserve Sathorn 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
Good project, beautiful location
Chalida M., Thailand, 5 years ago
The Reserve Sathorn is an interesting project on the CBD area in Bangkok, one of Thailand's top famous and surrounded by all amenities. I've already booked a room at The Reserve Sathorn. It is 1 Bedroom Crystal decorated with beautiful and modern, very classy. ​​ The Reserve Sathorn condo has its own unique. I've already visited the showroom and impressed a lot because of the great quality of materials used, matches the residents' lifestyles well. The pool also shows the uniqueness. I love it! It's not a normal pool, but a colonial thermal pool. Amazing! Besides, it is located near my office, so it is more convenient and saves time for traveling to work in the near future. As I said, it's surrounded by all convenience, whether utilities, transportation, and project facilities. The neighborhood, in general, makes life even more comfortable.
Bangkok
Thung Mahamek

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Reserve Sathorn

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
Project Name
Baan Piya Sathorn
Location
Thung Mahamek, Sathon, Bangkok
Number of units
146
Sales Prices
$379.94K - $1.96M
▼ -17% underpriced
Monthly Rentals
$935 - $2.19K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Sathorn Gardens
Location
Thung Mahamek, Sathon, Bangkok
Number of units
580
Sales Prices
$160.74K - $3.07M
▼ -14.9% underpriced
Monthly Rentals
$526 - $2.92K
Year Built
Dec 2008
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
720
Sales Prices
$309.8K - $2.19M
Monthly Rentals
$1.32K - $4.68K
Year Built
Feb 2023
Completion Status
Completed
Project Name
Urbana Sathorn
Location
Thung Mahamek, Sathon, Bangkok
Number of units
242
Sales Prices
$277.65K - $806.65K
▼ -6.7% underpriced
Monthly Rentals
$877 - $4.09K
Year Built
Dec 2006
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
180
Sales Prices
$198.74K - $476.39K
▼ -25% underpriced
Monthly Rentals
$672 - $5.85K
Year Built
Dec 2015
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
58
Sales Prices
$350.72K - $379.94K
▼ -37% underpriced
Monthly Rentals
$818 - $848
Year Built
Dec 2001
Completion Status
Completed
Project Name
The Met
Location
Thung Mahamek, Sathon, Bangkok
Number of units
370
Sales Prices
$336.1K - $3.95M
▼ -3.3% underpriced
Monthly Rentals
$1.32K - $12.28K
Year Built
Dec 2008
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
131
Sales Prices
$964.47K - $4.15M
Monthly Rentals
$1.9K - $4.82K
Year Built
Dec 1991
Completion Status
Completed
Location
Si Lom, Sathon, Bangkok
Number of units
75
Sales Prices
$365.33K - $2.37M
▲ 5% overpriced
Monthly Rentals
$1.23K - $2.92K
Year Built
Dec 2004
Completion Status
Completed
Location
Si Lom, Sathon, Bangkok
Number of units
132
Sales Prices
$336.1K - $847.56K
▲ 2% overpriced
Monthly Rentals
$1.05K - $2.63K
Year Built
Dec 2010
Completion Status
Completed
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