Unit ID: U1950620
4% Rental Yield
Khlong Tan Nuea, Watthana,Bangkok
$400,000
3 Bedrooms
2
Bathrooms
1,561 Sqft
Size
3
Floor
Dec 1987
Completed

About This Condo

This property is a 1,561 Sqft condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Khlong Tan Nuea, Bangkok and was completed in Dec 1987. You can buy this condo for a base price of $400,000 ($256/Sqft).

Features

BalconyBalcony Wifi IncludedWifi Included Washing MachineWashing Machine TVTV

Basic Information

Date Listed Oct 22, 2024
Updated 3 weeks ago
Property Type Condo
Floor 3
Bedrooms 3
Size 1,561 Sqft
Price per Sqft $256
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, Garden View
Unit Type N/A
Building Baan Chan
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.
$167/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1950620

Investment Opportunity: Charges & Yield

Sale Price
$400,000
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.
$167/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.
24
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 3 bedroom condos at Baan Chan, and the current sales price.
4%

Project Details

Project Name: Baan Chan
Developer: Baan Chan
Construction: Completed (Dec 1987)
Floors: 8
Buildings: 1
Units: 96
Project Area: 53,389 Sqft
Nearest Landmark Thong Lo BTS - 1.8 Km
Location: Khlong Tan Nuea, Bangkok
Baan Chan 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
Key card access Key card access

Popular Facilities at Baan Chan

  • Communal Pool
    2nd Floor
  • Communal Garden Area
    2nd Floor
  • Communal Gym
    2nd Floor

Available Units at Baan Chan

For Sale 6 For Rent 17
Get notified when new homes are being added to Baan Chan
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Frequently Asked Questions

No pets are allowed at Baan Chan 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 ฿40 per square meter based on the size of indoor area of the property and is ฿5,800 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.
Thong Lo BTS is the nearest BTS Station from Baan Chan and it is 1.8 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 Baan Chan 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Overall, the project is pretty old.
Lisa P., Australia, 7 years ago
Overall, the project is pretty old because it has been built for a long time. It has a 24-hour reception, a swimming pool, fitness centers, etc., as well as the lush green garden surrounding the project. I have been renting 2 bedrooms on the 5th floor that come with a fully-furnished and spacious area, as well as a kitchen where I can cook. The monthly price is inexpensive. The project is close to a number of amenities, such as DONKI Mall Thonglor, Eight Thong Lo, and Thong Lo BTS which can be reached by motorbike.
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Chan

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Monthly Rentals
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Project Name
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Number of units
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$113.66K - $515.07K
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Completion Status
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Project Name
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Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Sales Prices
$374.07K - $1.41M
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Monthly Rentals
$1.15K - $8.63K
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Completion Status
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Project Name
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Year Built
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Completion Status
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