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    2 Bedroom Condo for sale at The Address Pathumwan
    Thanon Phet Buri, Ratchathewi,Bangkok
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    Sale Price
    ฿7,500,000
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    2 Bedroom Condo for sale at The Address Pathumwan
    (1 Review)
    Unit ID: U244071
    5% Rental Yield
    Thanon Phet Buri, Ratchathewi,Bangkok
    ฿7,500,000 Great Price
    2 Bedrooms
    2
    Bathrooms
    65 SqM
    Size
    6
    Floor
    Dec 2009
    Completed
    10
    Sale Price
    ฿7,500,000
    Great Price

    About This Condo

    This property is a 65 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thanon Phet Buri, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿7,500,000 (฿115,385/SqM).

    Centrallly located, single owner, in excellent condition

    The Address Pathumwan is in a prime central location In RATCHATHEWI and 500m from the BTS; The furnished condo is on the 6th floor of 8. Amenities include a swimming pool, sauna, gymnasium, parking, lounge, garden features and security. The Ideal condo location to reside, rent or invest.

    Features

    BalconyBalcony Washing MachineWashing Machine TVTV Access to BTS/MRTAccess to BTS/MRT

    Basic Information

    Date Listed Nov 18, 2019
    Updated 6 months ago
    Property Type Condo
    Floor 6
    Bedrooms 2
    Size 65 SqM
    Price per SqM ฿115,385
    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%.

    Foreign 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
    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.
    ฿3,575/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U244071

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿7,500,000
    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.
    ฿3,575/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 condos at The Address Pathumwan, and the current sales price.
    5%

    Project Details

    Project Name: The Address Pathumwan
    Developer: AP (Thailand)
    Construction: Completed (Dec 2009)
    Floors: 8
    Buildings: N/A
    Units: 156
    Project Area: N/A
    Nearest Landmark Ratchathewi BTS - 0.2 Km
    Location: Thanon Phet Buri, Bangkok
    The Address Pathumwan 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
    Reception / Lobby Area Reception / Lobby Area

    Available Units at The Address Pathumwan

    For Sale 9 For Rent 8
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Address Pathumwan
    View All (9)

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    Frequently Asked Questions

    No pets are allowed at The Address Pathumwan 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 ฿55 per square meter based on the size of indoor area of the property and is ฿3,575 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.
    Ratchathewi BTS is the nearest BTS Station from The Address Pathumwan and it is 0.2 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 The Address Pathumwan 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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Cozy and safe!
    Valentine Yu, China, 4 years ago
    This condo gives a sense of staying in a real home. I've been happy since I moved in. All staff is helpful. The common areas in this building are clean and private. The fitness room and the pool are also available. My room is highly secure because key card access is required before entering every building and floor. You'll feel at ease that no strangers will walk around. Despite being in the heart of the city, it does not feel cramped. I like the surroundings because you can get to the Siam area in just 5 minutes, and it's also close to Ratchathewi BTS.
    Bangkok
    Thanon Phet Buri

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby The Address Pathumwan

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    Completion Status
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    Location
    Thanon Phaya Thai, Ratchathewi, Bangkok
    Number of units
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    Sales Prices
    ฿5.2M - ฿12.3M
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    Number of units
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    Number of units
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    Number of units
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    Completion Status
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    Number of units
    333
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    Monthly Rentals
    ฿18K - ฿26K
    Year Built
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    Completion Status
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    Location
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    Number of units
    298
    Sales Prices
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    ▼ -3.5% underpriced
    Monthly Rentals
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    Year Built
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    Completion Status
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    Location
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    Number of units
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    ▼ -36% underpriced
    Monthly Rentals
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    Year Built
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    Completion Status
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    WISH Signature II Midtown Siam
    Pyne by Sansiri
    Wish @ Siam
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