Unit ID: U243547
3% Rental Yield
Tenant-Occupied until May 1, 2025
Khlong Tan, Khlong Toei,Bangkok
฿12,000,000 Great Price
2 Bedrooms
2
Bathrooms
90 SqM
Size
5
Floor
Jan 1996
Completed

About This Condo

This property is a 90 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Khlong Tan, Bangkok and was completed in Jan 1996. You can buy this condo for a base price of ฿12,000,000 (฿133,333/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

Basic Information

Date Listed Nov 14, 2019
Updated 6 months ago
Property Type Condo
Floor 5
Bedrooms 2
Size 90 SqM
Price per SqM ฿133,333
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%.

N/A
Furniture
N/A
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.
N/A
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U243547

Investment Opportunity: Charges & Yield

Sale Price
฿12,000,000
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.
33
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.
3%

Project Details

Project Name: Aree Place Sukhumvit 26
Developer: N/A
Construction: Completed (Jan 1996)
Floors: 8
Buildings: N/A
Units: 101
Project Area: N/A
Nearest Landmark Phrom Phong BTS - 0.7 Km
Location: Khlong Tan, Bangkok
Aree Place Sukhumvit 26 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 Aree Place Sukhumvit 26

For Sale 4 For Rent 5
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Frequently Asked Questions

No pets are allowed at Aree Place Sukhumvit 26 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phrom Phong BTS is the nearest BTS Station from Aree Place Sukhumvit 26 and it is 0.7 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 Aree Place Sukhumvit 26 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

Reviews

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo in the heart of the city
Michael K., Australia, 7 years ago
This project is located in the heart of the city, which is 5 minutes to various amenities, such as EmQuartier, and The Emporium. It is conveniently accessible via BTS, and you can travel to many destinations. Although the condo was built a long time ago, the equipment is in good condition and decorated in a modern style. It comes with different room types that are perfect for singles, couples, and families. My room is 1 bedroom because I live alone, offering a variety of facilities, such as a swimming pool, fitness center, sticky security guards, etc.
Bangkok
Khlong Tan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Aree Place Sukhumvit 26

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
The Seed Musee
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
138
Sales Prices
฿3.69M - ฿9.5M
▼ -12.4% underpriced
Monthly Rentals
฿15K - ฿50K
Year Built
Dec 2008
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
224
Sales Prices
฿4.15M - ฿13.5M
▼ -10% underpriced
Monthly Rentals
฿15K - ฿55K
Year Built
Dec 2013
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
329
Sales Prices
฿3.98M - ฿9.59M
▲ 0.8% overpriced
Monthly Rentals
฿14K - ฿60K
Year Built
Dec 2008
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
176
Sales Prices
฿15.9M - ฿59.5M
▼ -2.7% underpriced
Monthly Rentals
฿50K - ฿280K
Year Built
Sep 2019
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
81
Sales Prices
฿37.5M
Monthly Rentals
฿50K - ฿100K
Year Built
Dec 1992
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
498
Sales Prices
฿5.25M - ฿25M
▼ -46% underpriced
Monthly Rentals
฿18K - ฿110K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Baan Siri 24
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
185
Sales Prices
฿9.9M - ฿55M
▲ 4.3% overpriced
Monthly Rentals
฿26K - ฿180K
Year Built
Dec 2006
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
48
Sales Prices
฿47.4M - ฿55M
▼ -2.3% underpriced
Monthly Rentals
฿120K - ฿270K
Year Built
Dec 2007
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
76
Sales Prices
฿14M - ฿48M
▼ -15.5% underpriced
Monthly Rentals
฿33K - ฿75K
Year Built
Jan 1981
Completion Status
Completed
Project Name
Ideal 24
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
34
Sales Prices
฿52M - ฿70.1M
Monthly Rentals
฿170K - ฿200K
Year Built
Dec 2008
Completion Status
Completed
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