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    3 Bedroom Condo for sale at Siam Penthouse 1
    Khlong Toei, Khlong Toei,Bangkok
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    Sale Price
    $412,000
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    3 Bedroom Condo for sale at Siam Penthouse 1
    (1 Review)
    Unit ID: U38747
    3% Rental Yield
    Khlong Toei, Khlong Toei,Bangkok
    $412,000
    3 Bedrooms
    3
    Bathrooms
    1,722 Sqft
    Size
    9
    Floor
    Dec 1981
    Completed
    15
    Sale Price
    $412,000

    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 $412,000 ($239/Sqft) and it is also available for long term rentals starting from $1,120 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 $239
    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
    $412,000
    Rent
    $1,120/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
    • All
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Siam Penthouse 1
    View All (5)

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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

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