Unit ID: U1003860
3% Rental Yield
Khlong Tan Nuea, Watthana,Bangkok
฿24,500,000
2 Bedrooms
2
Bathrooms
114 SqM
Size
14
Floor
Dec 2006
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 Khlong Tan Nuea, Bangkok and was completed in Dec 2006. You can buy this condo for a base price of ฿24,500,000 (฿214,912/SqM).

Features

BalconyBalcony BathtubBathtub TVTV

Basic Information

Date Listed Jun 25, 2021
Updated 3 years ago
Property Type Condo
Floor 14
Bedrooms 2
Size 114 SqM
Price per SqM ฿214,912
Pets All Kind of Pets 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
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
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1003860

Investment Opportunity: Charges & Yield

Sale Price
฿24,500,000
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 The Madison, and the current sales price.
3%

Project Details

Project Name: The Madison
Construction: Completed (Dec 2006)
Floors: 36
Buildings: 1
Units: 151
Project Area: 3,920 SqM
Nearest Landmark Phrom Phong BTS - 0.2 Km
Location: Khlong Tan Nuea, Bangkok
The Madison Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Madison

  • Communal Pool
    6th Floor
  • Communal Gym
    6th Floor
  • Communal Garden Area
    6th Floor

Available Units at The Madison

For Sale 11 For Rent 41
Get notified when new homes are being added to The Madison
View All (11)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at The Madison including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿4,560 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.
Phrom Phong BTS is the nearest BTS Station from The Madison 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 Madison 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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Elegant condo with city view, close to the BTS, convenient transportation
Chantal Montoro, Canada, 9 years ago
The condo is elegant, located in a good location. It is close to Skytrain station, where it is convenient to go everywhere. It has been built for many years but well-maintained. The building itself and the inside still look new, just a few steps away from the supermarket. More importantly, you can walk to the nearest BTS station, Phrom Phong BTS, only 50 meters. I rented here for the first time, but I made a 6 month contract for a 2-bedroom. I live with a patient care coordinator because I came here to do surgery at a hospital. After 3 months, I will enjoy the countdown moment at the end of the year in Bangkok. The room I rented is quite high, but it is worthwhile compared to convenient travel, location, and complete facilities. A swimming pool and sky garden make me feel relaxed. It is also close to many leading department stores, including EmQuartier, The Emporium, and Terminal 21, making me not lonely anymore.
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Madison

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
MARQUE Sukhumvit
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
148
Sales Prices
฿44.5M - ฿465M
▼ -8% underpriced
Monthly Rentals
฿120K - ฿700K
Year Built
Dec 2016
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
159
Sales Prices
฿6.69M - ฿10.5M
▼ -11% underpriced
Monthly Rentals
฿16K - ฿48K
Year Built
Dec 2004
Completion Status
Completed
Location
Khlong Tan, Watthana, Bangkok
Number of units
157
Sales Prices
฿18M - ฿95M
▼ -11.5% underpriced
Monthly Rentals
฿70K - ฿250K
Year Built
Mar 2022
Completion Status
Completed
Project Name
Noble Refine
Location
Khlong Tan, Watthana, Bangkok
Number of units
243
Sales Prices
฿6.5M - ฿18.5M
▼ -12.1% underpriced
Monthly Rentals
฿15K - ฿70K
Year Built
Dec 2012
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
98
Sales Prices
฿7.7M - ฿25.9M
▼ -29% underpriced
Monthly Rentals
฿35K - ฿85K
Year Built
Jan 1993
Completion Status
Completed
Project Name
Vittorio 39
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
88
Sales Prices
฿33.6M - ฿180M
▲ 11% overpriced
Monthly Rentals
฿100K - ฿200K
Year Built
Jun 2018
Completion Status
Completed
Location
Khlong Tan, Watthana, Bangkok
Number of units
246
Sales Prices
฿8.6M - ฿18.5M
▼ -4.3% underpriced
Monthly Rentals
฿30K - ฿70K
Year Built
Dec 2010
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
54
Sales Prices
฿16.5M - ฿20.8M
▼ -0.5% underpriced
Monthly Rentals
฿45K - ฿65K
Year Built
Jan 2006
Completion Status
Completed
Project Name
The Alcove 49
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
48
Sales Prices
฿4.95M - ฿9.49M
▼ -3% underpriced
Monthly Rentals
฿20K - ฿50K
Year Built
Dec 2008
Completion Status
Completed
Project Name
The Diplomat 39
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
156
Sales Prices
฿13.8M - ฿36.1M
▼ -7.6% underpriced
Monthly Rentals
฿45K - ฿220K
Year Built
Jun 2019
Completion Status
Completed
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