Unit ID: U1981019
5% Rental Yield
Wang Thonglang, Wang Thong Lang,Bangkok
฿2,427,550
1 Bedroom
1
Bathroom
27.85 SqM
Size
8
Floor
Dec 2021
Completed

About This Condo

This property is a 27.85 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Wang Thonglang, Bangkok and was completed in Dec 2021. You can buy this condo for a base price of ฿2,427,550 (฿87,165/SqM).

Features

Pool AccessPool Access Covered ParkingCovered Parking Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Dec 6, 2024
Updated 1 week ago
Property Type Condo
Floor 8
Bedroom 1
Size 27.85 SqM
Price per SqM ฿87,165
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) City View, Unblocked Open View
Unit Type N/A
Building Building B
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.
฿1,393/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1981019

Investment Opportunity: Charges & Yield

Sale Price
฿2,427,550
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.
฿1,393/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at The Excel Ladprao-Sutthisan, and the current sales price.
5%

Project Details

Construction: Completed (Dec 2021)
Floors: 8
Buildings: 2
Units: 420
Project Area: 5,364 SqM
Nearest Landmark Sutthisan MRT - 2 Km
Location: Wang Thonglang, Bangkok
The Excel Ladprao-Sutthisan 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

Popular Facilities at The Excel Ladprao-Sutthisan

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Reception / Lobby Area
    Ground Floor
  • Co-Working Space / Meeting Room
    Ground Floor

Available Units at The Excel Ladprao-Sutthisan

For Sale 2 For Rent 1
Get notified when new homes are being added to The Excel Ladprao-Sutthisan
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Frequently Asked Questions

No pets are allowed at The Excel Ladprao-Sutthisan 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,393 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 The Excel Ladprao-Sutthisan the required payment for the sinking fund is ฿700 per square meter based on the size of the indoor area of the property.
Sutthisan MRT is the nearest MRT Station from The Excel Ladprao-Sutthisan and it is 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 Excel Ladprao-Sutthisan you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

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
A new condo near Chokchai Market 4
Pisanu T., Thailand, 2 years ago
My 2 bedroom condo is spacious and decorated with quality furniture that looks luxurious and perfect. The common areas are also very usable, especially in the clubhouse, designed as a modern cafe. Inside the clubhouse, there are fitness centers, boxing practice rooms, working corners and lounges. As for the swimming pool, it's in front of the clubhouse. The project area also has shops, restaurants and famous department stores, such as Centralplaza Lat Phrao, a shopping center that people like to visit. Soon, The MRT Yellow Line will be available, and the Chokchai 4 MRT station will be operated, which is also within walking distance of the project.
Bangkok
Wang Thonglang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Excel Ladprao-Sutthisan

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