Unit ID: U1901670
6% Rental Yield
Makkasan, Ratchathewi,Bangkok
$232,000
2 Bedrooms
2
Bathrooms
926 Sqft
Size
25
Floor
Dec 1996
Completed

About This Condo

This property is a 926 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Makkasan, Bangkok and was completed in Dec 1996. You can buy this condo for a base price of $232,000 ($251/Sqft).

Features

Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Aug 19, 2024
Updated 3 months ago
Property Type Condo
Floor 25
Bedrooms 2
Size 926 Sqft
Price per Sqft $251
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%.

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 Wittayu Complex
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.
$87/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1901670

Investment Opportunity: Charges & Yield

Sale Price
$232,000
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.
$87/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.
17
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 Witthayu Complex, and the current sales price.
6%

Project Details

Project Name: Witthayu Complex
Developer: V.K.J.
Construction: Completed (Dec 1996)
Floors: 38
Buildings: 1
Units: 378
Project Area: 23,422 Sqft
Nearest Landmark Phloen Chit BTS - 0.6 Km
Location: Makkasan, Bangkok
Witthayu Complex 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
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Library / Reading Room Library / Reading Room
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators

Popular Facilities at Witthayu Complex

  • Communal Pool
    2nd Floor
  • Communal Gym
    2nd Floor
  • Reception / Lobby Area
    Ground Floor
  • Sauna
    2nd Floor

Available Units at Witthayu Complex

For Sale 12 For Rent 74
Available Units at Witthayu Complex
$281,000
$233/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,206 Sqft Size
Floor 29 Floor
Foreign Quota Fully Furnished River or Canal View
Updated 1 month ago
Available Units at Witthayu Complex
$139,000
$190/Sqft
Great Price
Beds 2 Beds
Baths 1 Baths
Size 732 Sqft Size
Floor 9 Floor
Unfurnished City View
Updated 3 weeks ago
Available Units at Witthayu Complex
$116,000
$159/Sqft
Beds 1 Beds
Baths 1 Baths
Size 732 Sqft Size
Floor 19 Floor
Foreign Quota Fully Furnished River or Canal View
Updated 1 month ago
Available Units at Witthayu Complex
$189,000
$197/Sqft
Beds 1 Beds
Baths 2 Baths
Size 958 Sqft Size
Floor 13 Floor
Fully Furnished City View
Updated 3 weeks ago
Available Units at Witthayu Complex
$165,000
$179/Sqft
Beds 2 Beds
Baths 2 Baths
Size 926 Sqft Size
Floor 9 Floor
Thai Quota Fully Furnished City View
Available Units at Witthayu Complex
$345,000
$207/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,668 Sqft Size
Floor 22 Floor
Fully Furnished City View
Available Units at Witthayu Complex
$116,000
$185/Sqft
Beds 1 Beds
Baths 1 Baths
Size 624 Sqft Size
Floor 19 Floor
Foreign Quota Unfurnished City View
Available Units at Witthayu Complex
$232,000
$251/Sqft
Beds 2 Beds
Baths 2 Baths
Size 926 Sqft Size
Floor 25 Floor
Fully Furnished City View
Available Units at Witthayu Complex
$232,000
$251/Sqft
Beds 2 Beds
Baths 2 Baths
Size 926 Sqft Size
Floor 25 Floor
Fully Furnished City View
Available Units at Witthayu Complex
$160,000
$183/Sqft
Beds 2 Beds
Baths 2 Baths
Size 872 Sqft Size
Floor 13 Floor
Thai Quota Partly Furnished City View
Available Units at Witthayu Complex
$566,000
$217/Sqft
Great Price
Beds 3 Beds
Baths 3 Baths
Size 2,605 Sqft Size
Floor 36 Floor
Thai Quota Fully Furnished City View
Available Units at Witthayu Complex
$305,000
$221/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,378 Sqft Size
Floor 29 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to Witthayu Complex
View All (12)

Loan Calculator

Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Witthayu Complex.
The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $87 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.
Phloen Chit BTS is the nearest BTS Station from Witthayu Complex and it is 0.6 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 Witthayu Complex 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

3.7 out of 5
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good security system and there is constant maintenance of common areas.
Tasia Bruggeman, Belgium, 5 years ago
The condo is lovely and located on the main road. It is easily accessible and convenient because it's close to New Petchburi Road. Even if traveling with the BTS, it's also very convenient and 1 kilometer close to the project. The project neighborhood is surrounded by local shops and shopping malls, making my life more comfortable and convenient. The on-site is tranquil and cozy. The neighbors are also lovely, friendly, and help each other. My room is 2 bedroom 2 bathrooms, and it's very spacious with a large balcony for sitting and enjoying the view as well, and it's my favorite corner to relax. My room is fully furnished. There may be some parts that have been repaired because my father bought it many years ago. Therefore, I bring some new furniture. As for the common area, I like the swimming pool, and I always spend time swimming. Other facilities are also completed. In general, it's an okay condo. Although the condo has been built for many years, the common area is continuously being maintained, making this condo pleasant and reliable in maintenance and quality services.
Easy to travel
Ponla T., Spain, 6 years ago
I bought a one-bedroom unit here more than a year ago. It is easy to travel because I have a private car. If you want to use public transportation, there will be Ploenchit BTS nearby, the closest station to the condo. One problem I found is the cleanliness of communal restrooms, a garden, and a swimming pool. It seems that they are not maintained as it should be. The staff should improve it.
Old condo but with complete facilities
Fa Mei, China, 7 years ago
Wittayu Complex is an old building, but the inside is still new and modern. The room we stayed in has been renovated when we moved in and provided complete furniture as well. The balcony is spacious, offering a very beautiful city view. Our room is on the 16th floor, so it has good ventilation, not hot and comfortable. The facilities are complete, whether a swimming pool, gym, and common area. However, the parking lots are not enough for the residents. Sometimes I can't park enough !!
Bangkok
Makkasan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Witthayu Complex

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
Life One Wireless
Location
Lumphini, Ratchathewi, Bangkok
Number of units
1344
Sales Prices
$133.45K - $403.26K
▲ 1.1% overpriced
Monthly Rentals
$403 - $1.74K
Year Built
Apr 2020
Completion Status
Completed
Location
Lumphini, Ratchathewi, Bangkok
Number of units
62
Sales Prices
$275.61K - $522.21K
▼ -6% underpriced
Monthly Rentals
$725 - $1.74K
Year Built
Dec 2011
Completion Status
Completed
Location
Lumphini, Ratchathewi, Bangkok
Number of units
64
Sales Prices
$139.25K - $261.1K
▲ 8% overpriced
Monthly Rentals
$580 - $1.31K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Park Ploenchit
Location
Khlong Toei Nuea, Ratchathewi, Bangkok
Number of units
162
Sales Prices
$177.55K - $270.97K
Monthly Rentals
$725 - $1.45K
Year Built
Jan 1997
Completion Status
Completed
Project Name
Craft Ploenchit
Location
Lumphini, Ratchathewi, Bangkok
Number of units
90
Sales Prices
$200.78K - $910.22K
▼ -32% underpriced
Monthly Rentals
$725 - $1.6K
Year Built
Jan 2021
Completion Status
Completed
Project Name
First Tower
Location
Khlong Toei Nuea, Ratchathewi, Bangkok
Number of units
208
Sales Prices
$133.45K - $246.6K
▼ -50% underpriced
Monthly Rentals
$1.16K
Year Built
Dec 2002
Completion Status
Completed
Location
Lumphini, Ratchathewi, Bangkok
Number of units
597
Sales Prices
$174.07K - $594.73K
▼ -8.1% underpriced
Monthly Rentals
$493 - $3.48K
Year Built
Dec 2008
Completion Status
Completed
Project Name
O2 Hip Condo
Location
Lumphini, Ratchathewi, Bangkok
Number of units
48
Sales Prices
$237.31K - $606.34K
▼ -10.7% underpriced
Monthly Rentals
$870 - $2.03K
Year Built
Feb 2010
Completion Status
Completed
Location
Khlong Toei Nuea, Ratchathewi, Bangkok
Number of units
252
Sales Prices
$81.23K - $126.2K
▼ -21% underpriced
Monthly Rentals
$435
Year Built
Dec 1983
Completion Status
Completed
Project Name
Ploenchit Terrace
Location
Lumphini, Ratchathewi, Bangkok
Number of units
N/A
Sales Prices
$2.87M
Monthly Rentals
N/A
Year Built
Jan 1993
Completion Status
Completed
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