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    3 Bedroom Condo for sale at City Lakes Tower Sukhumvit 16
    Khlong Toei, Khlong Toei,Bangkok
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    Sale Price
    $725,000
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    3 Bedroom Condo for sale at City Lakes Tower Sukhumvit 16
     (Write Review)
    Unit ID: U1906953
    22% Rental Yield
    Tenant-Occupied until Dec 1, 2024
    Khlong Toei, Khlong Toei,Bangkok
    $725,000
    3 Bedrooms
    3
    Bathrooms
    3,014 Sqft
    Size
    8
    Floor
    Jan 1992
    Completed
    14
    Sale Price
    $725,000

    About This Condo

    This property is a 3,014 Sqft condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Khlong Toei, Bangkok and was completed in Jan 1992. You can buy this condo for a base price of $725,000 ($241/Sqft).

    Basic Information

    Date Listed Aug 3, 2024
    Updated 2 months ago
    Property Type Condo
    Floor 8
    Bedrooms 3
    Size 3,014 Sqft
    Price per Sqft $241
    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
    Furniture
    Unfurnished
    View(s) N/A
    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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1906953

    Investment Opportunity: Charges & Yield

    Sale Price
    $725,000
    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.
    5
    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 City Lakes Tower Sukhumvit 16, and the current sales price.
    22%

    Project Details

    Project Name: City Lakes Tower Sukhumvit 16
    Developer: N/A
    Construction: Completed (Jan 1992)
    Floors: 28
    Buildings: N/A
    Units: 5
    Project Area: N/A
    Nearest Landmark Asok BTS - 0.4 Km
    Location: Khlong Toei, Bangkok
    City Lakes Tower Sukhumvit 16 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

    Available Units at City Lakes Tower Sukhumvit 16

    For Sale 1 For Rent 4
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    • 3 Beds
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    Frequently Asked Questions

    No pets are allowed at City Lakes Tower Sukhumvit 16 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Asok BTS is the nearest BTS Station from City Lakes Tower Sukhumvit 16 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 City Lakes Tower Sukhumvit 16 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

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    Bangkok
    Khlong Toei

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    Location
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    Number of units
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    Sales Prices
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    Year Built
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