Unit ID: U1697124
10% Rental Yield
Tenant-Occupied until Jan 1, 2025
Chong Nonsi, Yan Nawa,Bangkok
฿7,500,000
3 Bedrooms
2
Bathrooms
99 SqM
Size
9
Floor
Sep 2008
Completed

About This Condo

This property is a 99 SqM condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chong Nonsi, Bangkok and was completed in Sep 2008. You can buy this condo for a base price of ฿7,500,000 (฿75,758/SqM) and it is also available for long term rentals starting from ฿60,000 per month.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 27, 2023
Updated 3 weeks ago
Property Type Condo
Floor 9
Bedrooms 3
Size 99 SqM
Price per SqM ฿75,758
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.
฿60,000/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 U1697124

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.
฿60,000/mo
Rent
฿60,000/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.
10
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.
10%

Project Details

Project Name: Fortune Condo Town
Developer: N/A
Construction: Completed (Sep 2008)
Floors: 22
Buildings: 1
Units: 215
Project Area: N/A
Nearest Landmark Saint Louis BTS - 2.5 Km
Location: Chong Nonsi, Bangkok
Fortune Condo Town Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Popular Facilities at Fortune Condo Town

  • Reception / Lobby Area
    1st Floor
  • Communal Pool
    1st Floor

Available Units at Fortune Condo Town

For Sale 7 For Rent 9
Get notified when new homes are being added to Fortune Condo Town
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Frequently Asked Questions

No pets are allowed at Fortune Condo Town unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Saint Louis BTS is the nearest BTS Station from Fortune Condo Town and it is 2.5 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 Fortune Condo Town 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

3.8 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Suitable for family, Comfortable room
Laine Hillery, France, 5 years ago
The homestyle condo matches for staying as the family. The living area is spacious and comfortable. The project site comprises a communal pool and an on-site restaurant. The atmosphere is tranquil, clean, and pleasant. There is a 24 hours security system as well. Although it is an old condo, it is located in the prime area and near convenience stores. It's very convenient!!
Condo near New Sathorn International School
Luke Wilhite, Canada, 6 years ago
I bought a 1-bedroom unit on the 17th floor. It's spacious with a full set of furniture and a stunning city view. Overall, the atmosphere is okay. Quite convenient as there is a restaurant. I have been here for a while, and I found a small problem from the noisy traffic as the condo is on the main road. From the floor I am on, it doesn't affect much. Near New Sathorn International School. Can't find any other problems, but I will get an update if I find one in the future.
Spacious area suitable for family
Mardell Leiser, Germany, 8 years ago
I bought this condo because the room is spacious and suitable for living as a family. Moreover, the location is in the alley, not on the main road, making the surrounding area quiet and peaceful for resting. Also, my husband's workplace is closed to the project. By the way, the downside is the transportation because you have to walk to the front of the alley if you want to use public transport. There will be a bus stop there. But if you want to use the BTS Skytrain, you would have to take a motorcycle taxi or a taxi as the nearest station (Chong Nonsi Station) is about 4 kilometers away. Besides, the condo is quite old despite its well-maintained. Also, its design isn't as modern as a newly-built condo.
Condo with facilities
Luca Morelli, Italy, 8 years ago
I am half Thai and Italian, living abroad. Recently, I had a chance to stay in Bangkok during my long holiday. My mother bought two bedrooms at this property since the project was completed, inside there is a living room, kitchen with furniture. Fortune Condo Town is a large project with a total of 5 buildings, 22 floors. The exterior of the project looks like other condos in general, not outstanding. Still, the interior is modern style and divided into the proper layout. The condo is located not far from Chong Nonsi BTS. You can walk for about 9 minutes. There are shopping malls like Central Department Store (Rama 3), Thung Mahamek Town Center, and Lotus Convenient to buy anything. There is a restaurant in the project if you don't want to leave the condo to eat. The staff here are very hospitable and provide me excellent service. The facilities of the condo include a large outdoor pool and a gym. However, there is no Wi-Fi service in the common area.
Affordable condo in good location
Nakesha Stockdale, Ireland, 9 years ago
I have been here for 2 weeks as it’s in the best location I could find. The condo situates near my workplace in walking distance so I can save money from daily commuting. The site isn’t adjacent to the main road, which it’s good so that I can avoid noisy traffic at night. And it’s not a big deal for me to walk because, back in my homeland, I usually walked anyway. And if I need to take a bus, the BRT station is 2.2 km away. It’s shameful that the nearest BTS is almost 4 km away, you have to take a bike taxi there. Yet, it’s a perfect location for the ladies like us, though, because there is Central Plaza Rama 3 nearby. If you prefer to walk, it’s just 800 meters away. The room is spacious, yet it didn’t come fully furnished. Fortunately, the owner who rented me the place is stylish. She decorated her room already so I could move in with the only baggage. It’s good that the room is quite spacious and has a proper kitchen area so I can cook conveniently. The condo itself is quite outdated, but the staff takes care of it very well. The pool is clean and ready to be used. Unfortunately, there is no gym in the condo, but there are other gyms nearby, including in the mall, so it’s still convenient for those who want to stay fit. About petting the animal as well, I don’t have much information about this. Better ask the staff first for certain information. Overall, I would say I like it judging from my budget and my needs towards my accommodation. Recommend!!!
Bangkok
Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Fortune Condo Town

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
Bangkok Garden
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
841
Sales Prices
฿9.1M - ฿11.7M
▲ 4% overpriced
Monthly Rentals
฿30K - ฿170K
Year Built
Jan 1998
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
493
Sales Prices
฿4.9M - ฿6M
▲ 21% overpriced
Monthly Rentals
฿9.9K - ฿18.5K
Year Built
Jan 2009
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
960
Sales Prices
฿4.7M - ฿11M
▲ 9% overpriced
Monthly Rentals
฿12K - ฿33K
Year Built
Jan 2009
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
620
Sales Prices
฿1.95M - ฿3.71M
▼ -19.5% underpriced
Monthly Rentals
฿10K - ฿16K
Year Built
Dec 2001
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
190
Sales Prices
฿2.6M - ฿4.3M
▲ 5% overpriced
Monthly Rentals
฿10K - ฿10.5K
Year Built
Dec 2002
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
53
Sales Prices
฿8.2M - ฿10.9M
Monthly Rentals
฿30K - ฿35K
Year Built
Jan 2005
Completion Status
Completed
Project Name
Haus 22
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
24
Sales Prices
฿44M
Monthly Rentals
N/A
Year Built
Jan 2021
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
185
Sales Prices
฿3.7M - ฿9M
▼ -5.5% underpriced
Monthly Rentals
฿14K - ฿30K
Year Built
Dec 2009
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
91
Sales Prices
฿3.4M - ฿4.32M
▼ -20% underpriced
Monthly Rentals
฿14K - ฿22K
Year Built
Dec 2015
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
267
Sales Prices
฿2.48M - ฿11M
Monthly Rentals
฿12K - ฿42K
Year Built
Jan 1997
Completion Status
Completed
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