Unit ID: U1114280
5% Rental Yield
Chong Nonsi, Yan Nawa,Bangkok
$662,000
3 Bedrooms
3
Bathrooms
2,874 Sqft
Size
3
Floor
Dec 2005
Completed

About This Condo

This property is a 2,874 Sqft condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Chong Nonsi, Bangkok and was completed in Dec 2005. You can buy this condo for a base price of $662,000 ($230/Sqft).

3 bedroom condo for sale on Sathorn. This unit is about 10-minutes drive to Rama 4 toll plaza and about 10-minutes drive to MRT Lumpini station. It has an easy access to shopping department stores, international schools, hospitals and restaurants. This 267 unit has 3 bedrooms, 3 bathrooms, living, kitchen, balcony with useable area of 267 sq.m. The unit is unfurnished.  The building facilities comprise of swimming pool, fitness, sauna, garden, cars parking and 24-hours security.          

Features

Private GymPrivate Gym Private SaunaPrivate Sauna Pool AccessPool Access Covered ParkingCovered Parking Wifi IncludedWifi Included Washing MachineWashing Machine

Basic Information

Date Listed Jun 28, 2022
Updated N/A
Property Type Condo
Floor 3
Bedrooms 3
Size 2,874 Sqft
Price per Sqft $230
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
N/A
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.
$231/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1114280

Investment Opportunity: Charges & Yield

Sale Price
$662,000
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.
$231/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.
20
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 The Lanai Sathorn, and the current sales price.
5%

Project Details

Project Name: The Lanai Sathorn
Developer: N/A
Construction: Completed (Dec 2005)
Floors: 8
Buildings: N/A
Units: 34
Project Area: 24,413 Sqft
Nearest Landmark Khlong Toei MRT - 1.2 Km
Location: Chong Nonsi, Bangkok
The Lanai Sathorn 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
Steam Room Steam Room
Sauna Sauna

Available Units at The Lanai Sathorn

For Sale 3 For Rent 3
Get notified when new homes are being added to The Lanai Sathorn
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Frequently Asked Questions

No pets are allowed at The Lanai Sathorn 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 $1 per square meter based on the size of indoor area of the property and is $231 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.
Khlong Toei MRT is the nearest MRT Station from The Lanai Sathorn and it is 1.2 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 The Lanai Sathorn 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
There is peace, livable, and a good environment.
Fabien A., France, 7 years ago
For those who like convenient transportation, close to public transport such as Khlong Toei MRT and close to various facilities, I would recommend this project. I’m impressed as it’s close to many facilities which are suitable for my lifestyle. The Lanai Sathorn is very convenient to travel both by private car and public transport as it takes just a few minutes to various locations such as Central Rama 3, Tesco Lotus Rama 3, Bangkok Christian Hospital, and St. Joseph Convent School. This condo is located in the heart of the city. Also, it’s near various restaurant, and convenience stores. The room comes with full furniture. The facilities were well suited to my needs. I rented this condo, 2 bedrooms, very suitable for me as there is a spacious living area for everyday life.
Bangkok
Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Lanai Sathorn

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Condo One Sathorn
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
$86.39K - $158.38K
▼ -45% underpriced
Monthly Rentals
$374 - $432
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Jan 2007
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Project Name
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Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
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$440.02K - $476.99K
▼ -32.5% underpriced
Monthly Rentals
$1.87K - $4.61K
Year Built
Mar 2018
Completion Status
Completed
Project Name
Supreme Place
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
$308.13K
Monthly Rentals
$720 - $1.73K
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Completed
Project Name
Resorta Yen-Akat
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Chong Nonsi, Yan Nawa, Bangkok
Number of units
308
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$69.11K - $227.49K
▼ -30% underpriced
Monthly Rentals
$346 - $1.01K
Year Built
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Completion Status
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Project Name
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Chong Nonsi, Yan Nawa, Bangkok
Number of units
22
Sales Prices
$1.93M - $2.45M
Monthly Rentals
$5.76K - $12.96K
Year Built
Nov 2020
Completion Status
Completed
Project Name
Palm Pavillion 3
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
180
Sales Prices
$69.11K
Monthly Rentals
N/A
Year Built
Dec 1995
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
$1.09M
Monthly Rentals
$1.73K
Year Built
Jan 2010
Completion Status
Completed
Project Name
Lapa Place
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
82
Sales Prices
$129.59K
▼ -2% underpriced
Monthly Rentals
$461
Year Built
Dec 1994
Completion Status
Completed
Project Name
Baan Lux-Sathon
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
18
Sales Prices
$1.07M - $3.14M
▲ 28% overpriced
Monthly Rentals
$4.32K
Year Built
Dec 2011
Completion Status
Completed
Project Name
The Lofts Sathorn
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
25
Sales Prices
$863.9K - $1.15M
▼ -25% underpriced
Monthly Rentals
$2.88K - $3.46K
Year Built
Dec 2002
Completion Status
Completed
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