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    Studio Condo for sale at HI Sukhumvit 93
    Bang Chak, Phra Khanong,Bangkok
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    Sale Price
    $54,700
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    Studio Condo for sale at HI Sukhumvit 93
     (Write Review)
    Unit ID: U1967720
    5% Rental Yield
    Bang Chak, Phra Khanong,Bangkok
    $54,700
    Studio Bedroom
    1
    Bathroom
    316 Sqft
    Size
    6
    Floor
    Jul 2020
    Completed
    5
    Sale Price
    $54,700

    About This Condo

    This property is a 316 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Bang Chak, Bangkok and was completed in Jul 2020. You can buy this condo for a base price of $54,700 ($173/Sqft) and it is also available for long term rentals starting from $245 per month.

    Features

    Pool AccessPool Access MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Nov 12, 2024
    Updated 2 days ago
    Property Type Condo
    Floor 6
    Bedroom Studio
    Size 316 Sqft
    Price per Sqft $173
    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%.

    Thai 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) 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.
    $38/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1967720

    Investment Opportunity: Charges & Yield

    Sale Price
    $54,700
    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.
    $38/mo
    Rent
    $245/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.
    19
    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.
    5%

    Project Details

    Project Name: HI Sukhumvit 93
    Developer: Utility Real Estate
    Construction: Completed (Jul 2020)
    Floors: 8
    Buildings: 3
    Units: 401
    Project Area: 34,445 Sqft
    Nearest Landmark Bang Chak BTS - 1.1 Km
    Location: Bang Chak, Bangkok
    HI Sukhumvit 93 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
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Communal Garden Area Communal Garden Area
    Key card access Key card access
    Shuttle Bus Shuttle Bus

    Available Units at HI Sukhumvit 93

    For Sale 2 For Rent 3
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to HI Sukhumvit 93
    View All (2)

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    Frequently Asked Questions

    No pets are allowed at HI Sukhumvit 93 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 $38 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.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At HI Sukhumvit 93 the required payment for the sinking fund is $17 per square meter based on the size of the indoor area of the property.
    Bang Chak BTS is the nearest BTS Station from HI Sukhumvit 93 and it is 1.1 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 HI Sukhumvit 93 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

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    Projects Nearby HI Sukhumvit 93

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    Project Name
    Regent Home 13 Sukhumvit 93
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    Sales Prices
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    ▲ 1% overpriced
    Monthly Rentals
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    Year Built
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    Completion Status
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    Project Name
    The Origin Onnut
    Location
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    Number of units
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    Sales Prices
    $59.03K - $86.39K
    ▲ 13% overpriced
    Monthly Rentals
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    Year Built
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    Completion Status
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    Project Name
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    Location
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    Number of units
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    Sales Prices
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    Year Built
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    Completion Status
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    Project Name
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    Location
    Bang Chak, Phra Khanong, Bangkok
    Number of units
    368
    Sales Prices
    $53.27K
    Monthly Rentals
    $187 - $259
    Year Built
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    Completion Status
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    Location
    Bang Chak, Phra Khanong, Bangkok
    Number of units
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    Sales Prices
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    ▼ -19% underpriced
    Monthly Rentals
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    Completion Status
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    Location
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
    Dec 2017
    Completion Status
    Completed
    Project Name
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    Location
    Suan Luang, Phra Khanong, Bangkok
    Number of units
    553
    Sales Prices
    $64.79K - $146.86K
    Monthly Rentals
    $288 - $432
    Year Built
    Dec 2020
    Completion Status
    Completed
    Projects Nearby HI Sukhumvit 93
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    Regent Home 13 Sukhumvit 93
    The Magnet
    Regent Home 14 Sukhumvit 93
    Regent Home Sukhumvit 97/1
    The Origin Onnut
    Plum Condo Sukhumvit 97.1
    Regent Home 19 Sukhumvit 93
    The Private Sukhumvit-Bangchak
    The Pride Sukhunvit 77
    Aspire Sukhumvit-Onnut
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