Unit ID: U1770020
5% Rental Yield
Khlong Toei Nuea, Watthana,Bangkok
฿9,250,000
2 Bedrooms
1
Bathroom
47 SqM
Size
12
Floor
Dec 2020
Completed

About This Apartment

This property is a 47 SqM apartment with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Khlong Toei Nuea, Bangkok and was completed in Dec 2020. You can buy this apartment for a base price of ฿9,250,000 (฿196,809/SqM).

Heart of Sukhumvit - Brand new 2br apartment

Circle 31 (Sukhumvit 31) 12floor, 47sqm., 2bedroom (kingsize + sofa), 12floor, 47sqm., 2bedroom (kingsize + sofa), Automatic Parking, Bathtub, Pool, GYM, Co-working,playground, onsen, barbecue zone, 13 mins (1.1 km) from BL22 MRT Sukhumvit, Fully furnished, Ready to move in, 5 minutes to Phrom Phong's newest landmark – Emsphere, EmQuartier, Emporium, IKEA Sukhumvit.

Features

BalconyBalcony BathtubBathtub

Basic Information

Date Listed Mar 23, 2024
Updated 8 months ago
Property Type Apartment
Floor 12
Bedrooms 2
Size 47 SqM
Price per SqM ฿196,809
Pets Not Allowed
Apartment 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%.

Foreign 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 Circle Sukhumvit 31
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.
฿3,525/mo
Listed By
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1770020

Investment Opportunity: Charges & Yield

Sale Price
฿9,250,000
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.
฿3,525/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.
22
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 2 bedroom apartments at Circle Sukhumvit 31, and the current sales price.
5%

Project Details

Project Name: Circle Sukhumvit 31
Developer: Fragrant Property
Construction: Completed (Dec 2020)
Floors: 30
Buildings: 1
Units: 139
Project Area: 2,148 SqM
Nearest Landmark Sukhumvit MRT - 0.6 Km
Location: Khlong Toei Nuea, Bangkok
Circle Sukhumvit 31 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Spa Spa
Sauna Sauna
Yoga Area Yoga Area
Communal Garden Area Communal Garden Area
Key card access Key card access
Shuttle Bus Shuttle Bus

Popular Facilities at Circle Sukhumvit 31

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    27th Floor
  • Communal Garden Area
    Ground Floor

Available Units at Circle Sukhumvit 31

For Sale 7 For Rent 4
Get notified when new homes are being added to Circle Sukhumvit 31
View All (7)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at Circle Sukhumvit 31 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 ฿75 per square meter based on the size of indoor area of the property and is ฿3,525 for this apartment. 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 Circle Sukhumvit 31 the required payment for the sinking fund is ฿720 per square meter based on the size of the indoor area of the property.
Sukhumvit MRT is the nearest MRT Station from Circle Sukhumvit 31 and it is 0.6 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 Circle Sukhumvit 31 you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
On handover
100%
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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxury condominium
Samantha Resto, Spain, 4 years ago
I stay at this luxury condo in Sukhumvit. The property is designed to be environmentally friendly. My room is very modern with furniture and materials from premium brands. The room is also designed for functional space that the residents can adjust as they wish. My room is on the top floor, allowing me to enjoy a city view, nothing blocks the view so that I can enjoy street lights at night. The property is in Soi Sukhumvit 31, not far from Sukhumvit MRT and Asoke BTS. It is also easy access to amenities such as a leading department store, supermarkets, hospitals, and educational institutions. The condo meets the needs of urban lifestyles. The common area has a green garden, swimming pool with underwater speakers, a gym, etc. Importantly, there is a water recycling system, making the most of the used water. They really pay attention to every detail. The staff always willingly helps me. Excellent security system, making me feel safe throughout my stay here.
Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Circle Sukhumvit 31

Location
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Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Location
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Number of units
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Sales Prices
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▲ 28% overpriced
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Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
฿22.2K - ฿161K
Year Built
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Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Monthly Rentals
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Project Name
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Location
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Number of units
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Sales Prices
฿18.1M
Monthly Rentals
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Year Built
Jan 2006
Completion Status
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