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    3 Bedroom Condo for sale at M Phayathai
    Thanon Phaya Thai, Ratchathewi,Bangkok
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    Sale Price
    $667,000 $845,000
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    3 Bedroom Condo for sale at M Phayathai
    (1 Review)
    Unit ID: U65350
    4% Rental Yield
    Tenant-Occupied until Jun 15, 2025
    Thanon Phaya Thai, Ratchathewi,Bangkok
    $667,000 $845,000
    3 Bedrooms
    2
    Bathrooms
    1,238 Sqft
    Size
    33
    Floor
    Dec 2014
    Completed
    11
    Sale Price
    $667,000
    $845,000

    About This Condo

    This property is a 1,238 Sqft condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thanon Phaya Thai, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of $667,000 ($539/Sqft) and it is also available for long term rentals starting from $2,330 per month.

    Features

    TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony BathtubBathtub

    Basic Information

    Date Listed Jun 15, 2023
    Updated 9 months ago
    Property Type Condo
    Floor 33
    Bedrooms 3
    Size 1,238 Sqft
    Price per Sqft $539
    Pets All Kind of Pets 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
    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 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.
    $168/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U65350

    Investment Opportunity: Charges & Yield

    Sale Price
    $667,000
    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.
    $168/mo
    Rent
    $2,330/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    4%

    Project Details

    Project Name: M Phayathai
    Developer: Major Development Estate Co., Ltd.
    Construction: Completed (Dec 2014)
    Floors: 35
    Buildings: N/A
    Units: 215
    Project Area: N/A
    Nearest Landmark Victory Monument BTS - 0.2 Km
    Location: Thanon Phaya Thai, Bangkok
    M Phayathai 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

    Available Units at M Phayathai

    For Sale 6 For Rent 7
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to M Phayathai
    View All (6)

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    Frequently Asked Questions

    All kind of pets are allowed at M Phayathai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $168 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.
    Victory Monument BTS is the nearest BTS Station from M Phayathai and it is 0.2 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 M Phayathai 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
    This place is in the superb location
    Mason Werner, Germany, 4 years ago
    I bought a one-bedroom unit to live. Although the room is not very spacious, it is clearly divided into proportions and comes with full furniture. The project has high-quality materials. However, I am disappointed with the lobby that is a bit small. Other than that, I can't find any problem. It is excellent in terms of location, not far from BTS Station and Airport Rail Link as it takes less than 10 minutes to walk, which is very convenient.
    Bangkok
    Thanon Phaya Thai

    Neighborhood Overview

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