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    2 Bedroom Condo for sale at The Reserve Sathorn
    Thung Mahamek, Sathon,Bangkok
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    Sale Price
    ฿27,900,000
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    2 Bedroom Condo for sale at The Reserve Sathorn
    (1 Review)
    Unit ID: U1398014
    5% Rental Yield
    Thung Mahamek, Sathon,Bangkok
    ฿27,900,000
    2 Bedrooms
    2
    Bathrooms
    84 SqM
    Size
    2
    Floor
    Nov 2021
    Completed
    5
    Sale Price
    ฿27,900,000

    About This Condo

    This property is a 84 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thung Mahamek, Bangkok and was completed in Nov 2021. You can buy this condo for a base price of ฿27,900,000 (฿332,143/SqM).

    Luxury brand new unit in Prime area- The Reserve Sathorn

    Features

    Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven TVTV

    Basic Information

    Date Listed Apr 24, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 2
    Bedrooms 2
    Size 84 SqM
    Price per SqM ฿332,143
    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
    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.
    ฿9,240/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1398014

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿27,900,000
    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.
    ฿9,240/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 Reserve Sathorn, and the current sales price.
    5%

    Project Details

    Project Name: The Reserve Sathorn
    Developer: Pruksa Real Estate
    Construction: Completed (Nov 2021)
    Floors: 30
    Buildings: N/A
    Units: 134
    Project Area: N/A
    Nearest Landmark Sala Daeng BTS - 0.7 Km
    Location: Thung Mahamek, Bangkok
    The Reserve Sathorn Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Spa Spa
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area

    Available Units at The Reserve Sathorn

    For Sale 3 For Rent 12
    • All
    • 2 Beds
    • 4 Beds
    Get notified when new homes are being added to The Reserve Sathorn
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at The Reserve Sathorn 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 ฿110 per square meter based on the size of indoor area of the property and is ฿9,240 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 The Reserve Sathorn the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
    Sala Daeng BTS is the nearest BTS Station from The Reserve Sathorn 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 The Reserve Sathorn 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
    Good project, beautiful location
    Chalida M., Thailand, 5 years ago
    The Reserve Sathorn is an interesting project on the CBD area in Bangkok, one of Thailand's top famous and surrounded by all amenities. I've already booked a room at The Reserve Sathorn. It is 1 Bedroom Crystal decorated with beautiful and modern, very classy. ​​ The Reserve Sathorn condo has its own unique. I've already visited the showroom and impressed a lot because of the great quality of materials used, matches the residents' lifestyles well. The pool also shows the uniqueness. I love it! It's not a normal pool, but a colonial thermal pool. Amazing! Besides, it is located near my office, so it is more convenient and saves time for traveling to work in the near future. As I said, it's surrounded by all convenience, whether utilities, transportation, and project facilities. The neighborhood, in general, makes life even more comfortable.
    Bangkok
    Thung Mahamek

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby The Reserve Sathorn

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    Project Name
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    Year Built
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    Baan Piya Sathorn
    Location
    Thung Mahamek, Sathon, Bangkok
    Number of units
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    242
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    ฿9.5M - ฿27.6M
    ▼ -6.7% underpriced
    Monthly Rentals
    ฿30K - ฿140K
    Year Built
    Dec 2006
    Completion Status
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    Project Name
    Supalai Elite Sathorn - Suanplu
    Location
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    Number of units
    180
    Sales Prices
    ฿6.8M - ฿16.3M
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    Monthly Rentals
    ฿23K - ฿200K
    Year Built
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    Completion Status
    Completed
    Project Name
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    Location
    Thung Mahamek, Sathon, Bangkok
    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
    Jan 2003
    Completion Status
    Completed
    Project Name
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    Location
    Thung Mahamek, Sathon, Bangkok
    Number of units
    58
    Sales Prices
    ฿12M - ฿13M
    ▼ -37% underpriced
    Monthly Rentals
    ฿28K - ฿29K
    Year Built
    Dec 2001
    Completion Status
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    Location
    Thung Mahamek, Sathon, Bangkok
    Number of units
    370
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    ▼ -3.3% underpriced
    Monthly Rentals
    ฿45K - ฿420K
    Year Built
    Dec 2008
    Completion Status
    Completed
    Project Name
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    Location
    Thung Mahamek, Sathon, Bangkok
    Number of units
    131
    Sales Prices
    ฿33M - ฿142M
    Monthly Rentals
    ฿65K - ฿165K
    Year Built
    Dec 1991
    Completion Status
    Completed
    Project Name
    The Legend Saladaeng
    Location
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    Number of units
    75
    Sales Prices
    ฿12.5M - ฿81M
    ▲ 5% overpriced
    Monthly Rentals
    ฿42K - ฿100K
    Year Built
    Dec 2004
    Completion Status
    Completed
    Projects Nearby The Reserve Sathorn
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    Baan Piya Sathorn
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    Supalai Elite Sathorn - Suanplu
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    The Met
    Sathorn Park Place
    The Legend Saladaeng
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