Unit ID: U1368542
4% Rental Yield
Chong Nonsi, Yan Nawa,Bangkok
฿11,000,000
2 Bedrooms
2
Bathrooms
63 SqM
Size
7
Floor
Oct 2020
Completed

About This Condo

This property is a 63 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chong Nonsi, Bangkok and was completed in Oct 2020. You can buy this condo for a base price of ฿11,000,000 (฿174,603/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave

Basic Information

Date Listed Jan 16, 2023
Updated 1 year ago
Property Type Condo
Floor 7
Bedrooms 2
Size 63 SqM
Price per SqM ฿174,603
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 2Bedroom
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.
฿3,465/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 U1368542

Investment Opportunity: Charges & Yield

Sale Price
฿11,000,000
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.
฿3,465/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.
24
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 Shade Condo Sathorn 1, and the current sales price.
4%

Project Details

Developer: Sathaporn Estate
Construction: Completed (Oct 2020)
Floors: 8
Buildings: N/A
Units: 282
Project Area: N/A
Nearest Landmark Khlong Toei MRT - 0.6 Km
Location: Chong Nonsi, Bangkok
The Shade Condo Sathorn 1 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
Reception / Lobby Area Reception / Lobby Area

Available Units at The Shade Condo Sathorn 1

For Sale 8 For Rent 12
Get notified when new homes are being added to The Shade Condo Sathorn 1
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Frequently Asked Questions

No pets are allowed at The Shade Condo Sathorn 1 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 ฿3,465 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 Shade Condo Sathorn 1 the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Khlong Toei MRT is the nearest MRT Station from The Shade Condo Sathorn 1 and it is 0.6 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 Shade Condo Sathorn 1 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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Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Shade Condo Sathorn 1

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
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
78
Sales Prices
฿3.89M - ฿5.72M
▼ -6.2% underpriced
Monthly Rentals
฿14K - ฿28K
Year Built
Nov 2019
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
345
Sales Prices
฿2.29M - ฿5.6M
▼ -30% underpriced
Monthly Rentals
฿11K - ฿28K
Year Built
Dec 2013
Completion Status
Completed
Project Name
The Lofts Sathorn
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
25
Sales Prices
฿30M - ฿39.9M
▼ -25% underpriced
Monthly Rentals
฿100K - ฿120K
Year Built
Dec 2002
Completion Status
Completed
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
88
Sales Prices
฿5.55M - ฿35M
▼ -38% underpriced
Monthly Rentals
฿28K - ฿55K
Year Built
Apr 2018
Completion Status
Completed
Project Name
Baan Lux-Sathon
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
18
Sales Prices
฿37M - ฿109M
▲ 28% overpriced
Monthly Rentals
฿150K - ฿180K
Year Built
Dec 2011
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
169
Sales Prices
฿4.29M - ฿4.5M
▼ -26% underpriced
Monthly Rentals
฿15K - ฿65K
Year Built
Dec 2003
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
฿38M
Monthly Rentals
฿60K
Year Built
Jan 2010
Completion Status
Completed
Project Name
Baan Siriyenakat
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
169
Sales Prices
฿7.2M - ฿8.5M
▲ 13% overpriced
Monthly Rentals
฿25K - ฿60K
Year Built
Dec 2004
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
77
Sales Prices
฿5M - ฿7.5M
Monthly Rentals
฿18K - ฿30K
Year Built
Dec 2005
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
70
Sales Prices
฿6.2M - ฿7.5M
▼ -17% underpriced
Monthly Rentals
฿25K - ฿30K
Year Built
Dec 2005
Completion Status
Completed
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