Unit ID: U38747
3% Rental Yield
Khlong Toei, Khlong Toei,Bangkok
$404,000
3 Bedrooms
3
Bathrooms
1,722 Sqft
Size
9
Floor
Dec 1981
Completed

About This Condo

This property is a 1,722 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 Dec 1981. You can buy this condo for a base price of $404,000 ($235/Sqft) and it is also available for long term rentals starting from $1,100 per month.

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Nov 8, 2017
Updated 4 years ago
Property Type Condo
Floor 9
Bedrooms 3
Size 1,722 Sqft
Price per Sqft $235
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
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U38747

Investment Opportunity: Charges & Yield

Sale Price
$404,000
Rent
$1,100/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.
31
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.
3%

Project Details

Project Name: Siam Penthouse 1
Developer: N/A
Construction: Completed (Dec 1981)
Floors: 10
Buildings: N/A
Units: 48
Project Area: N/A
Nearest Landmark Nana BTS - 0.4 Km
Location: Khlong Toei, Bangkok
Siam Penthouse 1 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
CCTV (Video Surveillance) CCTV (Video Surveillance)
Sauna Sauna

Available Units at Siam Penthouse 1

For Sale 5 For Rent 13
Get notified when new homes are being added to Siam Penthouse 1
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Frequently Asked Questions

All kind of pets are allowed at Siam Penthouse 1 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Nana BTS is the nearest BTS Station from Siam Penthouse 1 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 Siam Penthouse 1 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
Condo in the heart of the city, excellent location
Isla Smith, United States, 2 years ago
The project is located in a good area close to the community and surrounded by many amenities such as Central Bangna, hospitals, schools, restaurants and convenience stores. It is only 2.5 kilometers from Asok BTS station. There are also buses, motorbike taxis and taxis available in this area, making a living in Bangkok easy. The project has 4 types of rooms ranging from 1 bedroom to 4 bedroom units. The room I rented is a one-bedroom unit, spacious and fully furnished. The project also has many facilities, such as the swimming pool, the parking lot, and a 24-hour security system.
Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Siam Penthouse 1

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Project Name
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Location
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Number of units
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Sales Prices
$302.14K - $513.63K
▲ 19.7% overpriced
Monthly Rentals
$662 - $1.87K
Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
$213.51K - $516.51K
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Monthly Rentals
$1.01K - $1.44K
Year Built
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Completion Status
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Project Name
Sukhumvit Casa
Location
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Number of units
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$314.87K - $3.93M
▲ 24% overpriced
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Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
$302.14K - $1.04M
Monthly Rentals
$1.29K - $2.73K
Year Built
Jan 1983
Completion Status
Completed
Project Name
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Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
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Sales Prices
$93.52K - $218.69K
▼ -41% underpriced
Monthly Rentals
$432 - $1.44K
Year Built
Dec 1994
Completion Status
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Project Name
Newton Tower
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
82
Sales Prices
$359.68K - $647.43K
Monthly Rentals
$1.15K - $1.87K
Year Built
Jan 1991
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
263
Sales Prices
$140.72K - $417.23K
▼ -15.6% underpriced
Monthly Rentals
$719 - $1.87K
Year Built
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Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
122
Sales Prices
$159.7K - $541.53K
▼ -11% underpriced
Monthly Rentals
$806 - $2.01K
Year Built
Oct 2018
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
162
Sales Prices
$100.71K - $417.23K
▼ -11.7% underpriced
Monthly Rentals
$432 - $1.04K
Year Built
Dec 2017
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
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Sales Prices
$158.26K - $330.91K
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Monthly Rentals
$518 - $662
Year Built
Jan 2013
Completion Status
Completed
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