Unit ID: U1938492
4% Rental Yield
Khlong Tan Nuea, Watthana,Bangkok
$748,000
3 Bedrooms
2
Bathrooms
2,088 Sqft
Size
21
Floor
Jan 1993
Completed

About This Penthouse

This property is a 2,088 Sqft penthouse with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Khlong Tan Nuea, Bangkok and was completed in Jan 1993. You can buy this penthouse for a base price of $748,000 ($358/Sqft) and it is also available for long term rentals starting from $2,460 per month.

Features

Washing MachineWashing Machine MicrowaveMicrowave TVTV Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Sep 24, 2024
Updated 1 month ago
Property Type Penthouse
Floor 21
Bedrooms 3
Size 2,088 Sqft
Price per Sqft $358
Pets Not Allowed
Penthouse 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%.

Company
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 Acadamia Grand Tower
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 U1938492

Investment Opportunity: Charges & Yield

Sale Price
$748,000
Rent
$2,460/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.
25
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: Acadamia Grand Tower
Construction: Completed (Jan 1993)
Floors: 21
Buildings: 1
Units: 98
Project Area: 25,833 Sqft
Nearest Landmark Phrom Phong BTS - 0.1 Km
Location: Khlong Tan Nuea, Bangkok
Acadamia Grand Tower 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
Reception / Lobby Area Reception / Lobby Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Acadamia Grand Tower

  • Communal Pool
    7th Floor
  • Communal Gym
    8th Floor

Available Units at Acadamia Grand Tower

For Sale 9 For Rent 35
Get notified when new homes are being added to Acadamia Grand Tower
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Frequently Asked Questions

No pets are allowed at Acadamia Grand Tower unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phrom Phong BTS is the nearest BTS Station from Acadamia Grand Tower and it is 0.1 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 Acadamia Grand Tower 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

3.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Cozy home in Thailand
Rayyan Lee, Malaysia, 8 years ago
This condo is a cozy place for me in the heart of Sukhumvit. I moved to Thailand for work, and I didn't expect to get an excellent room here because the project is pretty old and not having much information. I found this room on the rental website at very low prices, judging the room size - 2-bedroom units. I rented for 30,000 baht per month, which I think is okay to live with my brother. Plus, we prefer to use public transportation, and the project is also close to the BTS, just 5 minutes walking. There are no other skyscrapers in the neighborhood, just detached houses, which makes me feel relaxed when I walk into the alley. Also, there are many restaurants around because foreigners are living. The food can vary from street food to famous restaurants. It is also just a few steps to the leading department stores that gather all lifestyles, such as cinema, shopping centers, drug stores, etc. My room is 2 bedrooms with 1 bathroom. The overall appearance of the room is modern since it has been renovated. The living area is well maintained and clean. But I think it was left unrented for a while as I saw some dust on the furniture. Yet, the owner managed to have the room cleaned before we arrived. The room is decorated in Thai style with wooden materials on the cabinets and floors. The kitchen is complete with kitchen equipment. I rarely use the swimming pool and the gym because they look poorly maintained, and some of the equipment does not work.
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Acadamia Grand Tower

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
The Alcove 49
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
48
Sales Prices
$142.99K - $274.14K
▼ -3% underpriced
Monthly Rentals
$578 - $1.44K
Year Built
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Completion Status
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Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Sales Prices
$476.64K - $600.86K
▼ -0.5% underpriced
Monthly Rentals
$1.3K - $1.88K
Year Built
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Completion Status
Completed
Location
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Number of units
159
Sales Prices
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▼ -11% underpriced
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Completion Status
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Year Built
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Completion Status
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Location
Khlong Tan, Watthana, Bangkok
Number of units
246
Sales Prices
$248.43K - $535.57K
▼ -4.3% underpriced
Monthly Rentals
$867 - $2.02K
Year Built
Dec 2010
Completion Status
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Project Name
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Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Sales Prices
$1.29M - $13.43M
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
Vittorio 39
Location
Khlong Tan Nuea, Watthana, Bangkok
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88
Sales Prices
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▲ 11% overpriced
Monthly Rentals
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Year Built
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Completion Status
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Project Name
S47 Sukhumvit
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Sales Prices
$303.53K - $1.01M
Monthly Rentals
$1.73K - $3.76K
Year Built
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Completion Status
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Project Name
Noble Refine
Location
Khlong Tan, Watthana, Bangkok
Number of units
243
Sales Prices
$187.77K - $522.86K
▼ -12.1% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Khlong Tan, Watthana, Bangkok
Number of units
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Sales Prices
$518.53K - $2.74M
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Monthly Rentals
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Year Built
Mar 2022
Completion Status
Completed
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