Unit ID: U1157080
7% Rental Yield
Khlong Toei Nuea, Watthana,Bangkok
฿7,000,000
2 Bedrooms
2
Bathrooms
91 SqM
Size
5
Floor
Dec 2002
Completed

About This Condo

This property is a 91 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Khlong Toei Nuea, Bangkok and was completed in Dec 2002. You can buy this condo for a base price of ฿7,000,000 (฿76,923/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Sep 27, 2022
Updated 6 months ago
Property Type Condo
Floor 5
Bedrooms 2
Size 91 SqM
Price per SqM ฿76,923
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
Unfurnished
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1157080

Investment Opportunity: Charges & Yield

Sale Price
฿7,000,000
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.
14
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 First Tower, and the current sales price.
7%

Project Details

Project Name: First Tower
Developer: N/A
Construction: Completed (Dec 2002)
Floors: 22
Buildings: N/A
Units: 208
Project Area: N/A
Nearest Landmark Phloen Chit BTS - 1.2 Km
Location: Khlong Toei Nuea, Bangkok
First Tower 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

Available Units at First Tower

For Sale 7 For Rent 1
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Frequently Asked Questions

No pets are allowed at First Tower unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phloen Chit BTS is the nearest BTS Station from First Tower and it is 1.2 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 First Tower 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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Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby First Tower

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
Park Ploenchit
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
162
Sales Prices
฿6.12M - ฿9.34M
Monthly Rentals
฿25K - ฿50K
Year Built
Jan 1997
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
145
Sales Prices
฿7.95M - ฿12.7M
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
60
Sales Prices
฿6.2M - ฿14.5M
▼ -10% underpriced
Monthly Rentals
฿29K - ฿55K
Year Built
Dec 1991
Completion Status
Completed
Project Name
Tower Park
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
128
Sales Prices
฿36.1M - ฿48M
Monthly Rentals
฿80K - ฿120K
Year Built
Dec 1992
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
252
Sales Prices
฿2.8M - ฿4.35M
▼ -21% underpriced
Monthly Rentals
฿15K
Year Built
Dec 1983
Completion Status
Completed
Location
Lumphini, Watthana, Bangkok
Number of units
62
Sales Prices
฿9.5M - ฿18M
▼ -6% underpriced
Monthly Rentals
฿25K - ฿60K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Witthayu Complex
Location
Makkasan, Watthana, Bangkok
Number of units
378
Sales Prices
฿4.19M - ฿19.5M
▼ -46% underpriced
Monthly Rentals
฿16.5K - ฿55K
Year Built
Dec 1996
Completion Status
Completed
Location
Lumphini, Watthana, Bangkok
Number of units
64
Sales Prices
฿4.8M - ฿9M
▲ 8% overpriced
Monthly Rentals
฿20K - ฿45K
Year Built
Dec 2011
Completion Status
Completed
Location
Makkasan, Watthana, Bangkok
Number of units
636
Sales Prices
฿3.3M - ฿15M
▲ 7% overpriced
Monthly Rentals
฿12.5K - ฿40K
Year Built
Dec 2018
Completion Status
Completed
Project Name
Liberty Park 2
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
136
Sales Prices
฿8.4M - ฿23.5M
▼ -44% underpriced
Monthly Rentals
฿35K - ฿75K
Year Built
Dec 1998
Completion Status
Completed
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