Unit ID: U1137064
4% Rental Yield
Tenant-Occupied until Feb 1, 2025
Khlong Tan Nuea, Watthana,Bangkok
฿22,000,000 ฿23,000,000
2 Bedrooms
2
Bathrooms
120 SqM
Size
20
Floor
Dec 2009
Completed

About This Condo

This property is a 120 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Khlong Tan Nuea, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿22,000,000 (฿183,333/SqM) and it is also available for long term rentals starting from ฿73,000 per month.

Features

BalconyBalcony BathtubBathtub

Basic Information

Date Listed Aug 8, 2022
Updated 5 days ago
Property Type Condo
Floor 20
Bedrooms 2
Size 120 SqM
Price per SqM ฿183,333
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%.

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 2BR
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.
฿5,400/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1137064

Investment Opportunity: Charges & Yield

Sale Price
฿22,000,000
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.
฿5,400/mo
Rent
฿73,000/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.
25
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: Eight Thonglor Residence
Construction: Completed (Dec 2009)
Floors: 34
Buildings: 1
Units: 196
Project Area: 5,068 SqM
Nearest Landmark Thong Lo BTS - 0.8 Km
Location: Khlong Tan Nuea, Bangkok
Eight Thonglor Residence 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
Sauna Sauna
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Outdoor Kids Zone Outdoor Kids Zone
Outdoor Putting Green Outdoor Putting Green
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Eight Thonglor Residence

  • Communal Pool
    16th Floor
  • Communal Gym
    16th Floor
  • Lounge
    16th Floor

Available Units at Eight Thonglor Residence

For Sale 10 For Rent 33
Get notified when new homes are being added to Eight Thonglor Residence
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Frequently Asked Questions

No pets are allowed at Eight Thonglor Residence 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 ฿45 per square meter based on the size of indoor area of the property and is ฿5,400 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 Eight Thonglor Residence the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Thong Lo BTS is the nearest BTS Station from Eight Thonglor Residence and it is 0.8 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 Eight Thonglor Residence 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

4.5 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent price
Violet Willits, Belgium, 4 years ago
I bought a 1 bedroom, 1 bathroom here, which is very large, about 50 square meters, and the condo's price during the COVID-19 pandemic is considered excellent. There is a fabulous western kitchen. I like its elegance yet modernity. Every corner of the room looks clean, clear, and well ventilated. The view from my room is a city's view. The project here has good facilities such as a swimming pool, a sauna, and a fitness room. It's very close to the Eight Thonglor, shopping mall, and many restaurants. Thonglor BTS is about 10 minutes walk from the project.
Complete condo to meet the needs of working people in Bangkok
Stuart K., Netherlands, 4 years ago
I rarely use the common areas during my work days because I finish working late and don't have much time to enjoy the facilities. Sometimes I go swimming and doing exercise on the weekend. The room that I live in is a 2 bedroom unit. I only live with my girlfriend, so it is spacious. The room is separate between the kitchen and living rooms. Besides, there are many condo facilities, such as a swimming pool, a fitness room, and the sky-sitting area. I think the design is modern and matches the needs of people in the city a lot !!
Cost-effective
Christiana Coomer, Germany, 5 years ago
I bought 1 unit in this project to rent it out. Since buying it, the room has never been vacant, with people renting it all along. It's a very good investment decision. The customers who are renting our room are very impressed. It is located in a good location. Many things are convenient. Also, there are complete condo facilities, comprising a clean swimming pool, a well-maintained garden, and a high-security system.
The accommodation was okay, no problem
Tyisha Greenwald, Austria, 5 years ago
It is an excellent and luxury condo, close to every important place. The front desk staff is always there to help when there is a problem. It's conveniently located as there are restaurants, grocery stores, massage parlors, and entertainment venues nearby. The project also comprises a rooftop swimming pool where you can take your leisure time. Anyway, the gym is quite old and should be improved. As for the building, it is secured and easily finds parking. The room interior, generally, looks okay and standard decorated. Comfortable relaxing without worrying.
Really nice, but quite expensive
Lydia Husby, United States, 6 years ago
I had the opportunity to visit a friend who lives here. I also have been very interested in this project. It's comfortable traveling, eating, and living because this project is adjacent to a community mall. There are various shops to choose from, such as 7-Eleven, which is opposite the project, barbershop, massage shop, entertainment, and close to Thonglor BTS station, by walking about 10 minutes. The staff here are very friendly, especially the team in the lobby. They can assist whenever we need helps. Also, the staff at the parking space as well, he always helps me every time. Moreover, I like the parking area so much because it is enough for all residents. My friend's room is completely renovated because the room owner is an interior designer, so the room looks modern and luxurious and still has a bit of a Thai style. I think it's cool and secretly think that if I have a chance (If I have money enough), I will rent it for sure, but now as far as checking the price, I have to earn more money first because of the rental price here is very high.
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Eight Thonglor Residence

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Year Built
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Project Name
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Location
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Monthly Rentals
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Completion Status
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Number of units
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Completed
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Monthly Rentals
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Year Built
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Completion Status
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