Unit ID: U1142022
4% Rental Yield
Thanon Phaya Thai, Ratchathewi,Bangkok
฿10,000,000
1 Bedroom
1
Bathroom
78 SqM
Size
29
Floor
Dec 1997
Completed

About This Condo

This property is a 78 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Thanon Phaya Thai, Bangkok and was completed in Dec 1997. You can buy this condo for a base price of ฿10,000,000 (฿128,205/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

A Necessity for Those of Refined Tastes - Pathumwan Resort Condo

This captivating 78 SqM condo in the renowned Pathumwan Resort is the perfect abode for making a home out of the hustle and bustle of Bangkok. With one bedroom and a luxuriously appointed bathroom, the opportunity to purchase a property that befits a person of discerning tastes is one of many possibilities this location offers. Beautifully completed in December 1997, the foundations for a market value property are in place. A base price of ฿7,725,000 (฿99,038/SqM) allows for an owner to invest without sacrificing savings and a coveted long-term rental commitment of ฿25,000 per month, enables those wishing to sit back, relax, and enjoy the masterfully established Thanon Phaya Thai location – while simultaneously profiting from a sensational investment. What makes this property truly unique lies in its proximity to the bustle of Bangkok and all its associated glory – while retaining the peace and serenity of a private urban resort atmosphere. The Pathumwan Resort project, in which the property is based, accommodates all personal, business, and leisure needs with aplomb, offering all the convenience of Bangkok living coupled with a plethora of luxuries. The culmination of modern architecture and functionality, this condo offers a fashionable and cost-effective approach to life in the City of Angels. For those who wish to invest in a viable and desirable living space, this Pathumwan Resort condo is an offer too good to miss. Secure in style and location, be sure to enquire about this prime property and make it your own.

Features

BalconyBalcony BathtubBathtub Washing MachineWashing Machine

Basic Information

Date Listed Aug 22, 2022
Updated 9 months ago
Property Type Condo
Floor 29
Bedroom 1
Size 78 SqM
Price per SqM ฿128,205
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View, Unblocked Open 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.
฿1,962/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1142022

Investment Opportunity: Charges & Yield

Sale Price
฿10,000,000
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.
฿1,962/mo
Rent
฿30,000/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.
28
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: Pathumwan Resort
Developer: N/A
Construction: Completed (Dec 1997)
Floors: 39
Buildings: N/A
Units: 690
Project Area: N/A
Nearest Landmark Phaya Thai BTS - 0.2 Km
Location: Thanon Phaya Thai, Bangkok
Pathumwan Resort 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

Available Units at Pathumwan Resort

For Sale 4 For Rent 10
Get notified when new homes are being added to Pathumwan Resort
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Frequently Asked Questions

No pets are allowed at Pathumwan Resort unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phaya Thai BTS is the nearest BTS Station from Pathumwan Resort and it is 0.2 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 Pathumwan Resort 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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Thanon Phaya Thai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Pathumwan Resort

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Number of units
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Year Built
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Project Name
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Number of units
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Number of units
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Completion Status
Completed
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