Unit ID: U1364702
4% Rental Yield
Tenant-Occupied until Mar 1, 2025
Khlong Toei, Khlong Toei,Bangkok
฿42,000,000
3 Bedrooms
3
Bathrooms
240 SqM
Size
20
Floor
Dec 2004
Completed

About This Condo

This property is a 240 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Khlong Toei, Bangkok and was completed in Dec 2004. You can buy this condo for a base price of ฿42,000,000 (฿175,000/SqM) and it is also available for long term rentals starting from ฿130,000 per month.

Features

JacuzziJacuzzi BalconyBalcony Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Jan 4, 2023
Updated 8 months ago
Property Type Condo
Floor 20
Bedrooms 3
Size 240 SqM
Price per SqM ฿175,000
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
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 CitiSmart Condominium
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 U1364702

Investment Opportunity: Charges & Yield

Sale Price
฿42,000,000
Rent
฿130,000/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.
27
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Project Name: Citi Smart Condominium
Developer: AP (Thailand)
Construction: Completed (Dec 2004)
Floors: 21
Buildings: 1
Units: 192
Project Area: 7,200 SqM
Nearest Landmark Asok BTS - 0.3 Km
Location: Khlong Toei, Bangkok
Citi Smart Condominium Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators

Popular Facilities at Citi Smart Condominium

  • Communal Pool
    7th Floor
  • Communal Gym
    7th Floor

Available Units at Citi Smart Condominium

For Sale 5 For Rent 64
Get notified when new homes are being added to Citi Smart Condominium
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Frequently Asked Questions

No pets are allowed at Citi Smart Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Asok BTS is the nearest BTS Station from Citi Smart Condominium and it is 0.3 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 Citi Smart Condominium 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
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful project with complete facilities
Ardis Tonkin, Norway, 4 years ago
The best condo with a nice location, complete with many facilities, including a communal pool, a gym, and parking lots. The room is also luxuriously decorated and quality, worth the money paid. Unfortunately, parking lots are not enough. Anyway, I think it's okay as it is conveniently located and close to my office and many restaurants. Life is so convenient!!
Old building but expensive price, located in Sukhumvit
David Hamman, Germany, 4 years ago
The condo is located on Soi Sukhumvit 18, very convenient to travel. It can be connected to both Asoke BTS and Sukhumvit MRT. Also, it's easy to go shopping, because there is a lot of malls. About the disadvantage, I think the condo is too old. But fortunately, when moving in, there was a recent renovation, and it's fully furnished. The room I stayed in was a studio room. The spacious balcony opens to the city view, and the air is well ventilated !! I think this is suitable for living alone. The facilities in the condo are not enough for the residents !!
A great place to live
Tommie Pounds, United States, 4 years ago
I've recently moved here. But, I feel like this is a great place to live and want to recommend it. It is just about 5 minutes walk to Asok BTS station or Terminal 21 shopping mall. The room is quite spacious and well separated into the kitchen, living room, and bedroom. Also, you can get a good wind from the balcony. There is a big nice swimming pool here. And the building is also being maintained very well.
It's a little old condo in a very good location.
Shelley Sproull, United States, 5 years ago
It's a little old condo in a very good location, not far from the Skytrain station. If you walk to Asoke MRT station, it takes less than 10 mins. Even if the project is pretty old, the condition is still good. The room layout is well-designed. The room size is proper. The room I stayed in is a two-bedroom unit at almost 100 square meters. More importantly. The facilities are complete, including the gym, a swimming pool, and a playground. Overall, if you take its quality into account, the cost is pretty effective.
Rented here for over 2 years now.
Charlie Everly, United States, 5 years ago
I rented a room at this condo for over 2 years now because it is in the city center, close to Asoke BTS and Sukhumvit MRT. It is very convenient to travel. Another important thing, this area is a hub for many businesses. My own company is nearby. If the company isn't relocated, I will stay here longer. As I said, everything is very convenient for me. The room I rented is a one-bedroom unit with a decent size. The furniture is fully supplied, and it is in good condition. The condo looks a bit old outside but well maintained. The pool was clean, and the gym has well-maintained equipment.
Proper condo in a very good location
Lisa Miller, Germany, 6 years ago
It's a little old condo in a very good location, not far from the Skytrain station. If you walk to Asoke MRT station, it takes less than 10 mins. Even if the project is pretty old, the condition is still good. The room layout is well-designed. The room size is proper. The room I stayed in is a two-bedroom unit at almost 100 square meters. More importantly. The facilities are complete, including the gym, a swimming pool, and a playground. Overall, if you take its quality into account, the cost is pretty effective.
Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Citi Smart Condominium

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
Khlong Toei, Khlong Toei, Bangkok
Number of units
117
Sales Prices
฿5.4M - ฿12M
▼ -15.7% underpriced
Monthly Rentals
฿18K - ฿50K
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Dec 2014
Completion Status
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Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
N/A
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฿25M
▼ -39% underpriced
Monthly Rentals
฿89K - ฿440K
Year Built
Jan 1992
Completion Status
Completed
Project Name
Domus
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
109
Sales Prices
฿28.4M - ฿81M
▲ 6% overpriced
Monthly Rentals
฿61K - ฿170K
Year Built
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Completion Status
Completed
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Location
Khlong Toei Nuea, Khlong Toei, Bangkok
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443
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฿5.75M - ฿17M
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฿18K - ฿70K
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Completion Status
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Khlong Toei, Khlong Toei, Bangkok
Number of units
165
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฿15.9M - ฿62M
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Monthly Rentals
฿38K - ฿200K
Year Built
Dec 2003
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
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Sales Prices
฿4.9M - ฿7.11M
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Monthly Rentals
฿17K - ฿48K
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Completion Status
Completed
Project Name
Las Colinas
Location
Khlong Toei Nuea, Khlong Toei, Bangkok
Number of units
198
Sales Prices
฿9.9M - ฿170M
▼ -20% underpriced
Monthly Rentals
฿33K - ฿330K
Year Built
Jan 1995
Completion Status
Completed
Project Name
The Prime Suites
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
1995
Sales Prices
฿4M
Monthly Rentals
฿12K - ฿29K
Year Built
Dec 1994
Completion Status
Completed
Project Name
Le Premier 1
Location
Khlong Toei Nuea, Khlong Toei, Bangkok
Number of units
68
Sales Prices
฿16M - ฿78.8M
▼ -16% underpriced
Monthly Rentals
฿19K - ฿100K
Year Built
Jan 1992
Completion Status
Completed
Project Name
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Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
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Sales Prices
฿52.2M
Monthly Rentals
฿60K - ฿70K
Year Built
Jan 1996
Completion Status
Completed
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