Unit ID: U1701008
3% Rental Yield
Phra Khanong, Khlong Toei,Bangkok
฿12,500,000
2 Bedrooms
2
Bathrooms
114 SqM
Size
11
Floor
Jan 1992
Completed

About This Condo

This property is a 114 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Phra Khanong, Bangkok and was completed in Jan 1992. You can buy this condo for a base price of ฿12,500,000 (฿109,649/SqM).

Spacious Condo with open view in prime location. Just 600 m. from Thong Lo sky train, near wonderful restaurants and bars and great shopping.  Service staff efficient, speak English and friendly and helpful. The apartment is located on the 11 Fl, South and East views, 114 sqm with beautiful teak timber floors including 16 sqm balcony. The building provides a small pool and gymApartment has been just renovated in 2022 in an open very designed manner with sliding timber panel walls that can be 1, or two bedrooms.   

Features

BalconyBalcony Full Western KitchenFull Western Kitchen Fully RenovatedFully Renovated (2022) MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Dec 21, 2023
Updated 4 months ago
Property Type Condo
Floor 11
Bedrooms 2
Size 114 SqM
Price per SqM ฿109,649
Pets Cats and Dogs (small only)
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%.

Foreign Quota
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) City 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.
฿4,560/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1701008

Investment Opportunity: Charges & Yield

Sale Price
฿12,500,000
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.
฿4,560/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.
29
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 condos at 38 Mansion, and the current sales price.
3%

Project Details

Project Name: 38 Mansion
Developer: N/A
Construction: Completed (Jan 1992)
Floors: 17
Buildings: N/A
Units: 137
Project Area: N/A
Nearest Landmark Thong Lo BTS - 0.6 Km
Location: Phra Khanong, Bangkok
38 Mansion 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
Communal Garden Area Communal Garden Area

Available Units at 38 Mansion

For Sale 2 For Rent 20
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at 38 Mansion.
Thong Lo BTS is the nearest BTS Station from 38 Mansion 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 38 Mansion 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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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby 38 Mansion

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Completion Status
Completed
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