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    1 Bedroom Condo for sale at Lake Avenue Sukhumvit 16
    Khlong Toei, Khlong Toei,Bangkok
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    Sale Price
    ฿8,500,000
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    1 Bedroom Condo for sale at Lake Avenue Sukhumvit 16
    (6 Reviews)
    Unit ID: U1964206
    5% Rental Yield
    Khlong Toei, Khlong Toei,Bangkok
    ฿8,500,000
    1 Bedroom
    2
    Bathrooms
    87 SqM
    Size
    10
    Floor
    Jun 1985
    Completed
    23
    Sale Price
    ฿8,500,000

    About This Condo

    This property is a 87 SqM condo with 1 bedroom and 2 bathrooms that is available for sale. It is part of the project in Khlong Toei, Bangkok and was completed in Jun 1985. You can buy this condo for a base price of ฿8,500,000 (฿97,701/SqM).

    Condominium for sale in Bangkok, conveniently located in BTS Asoke within 600m from BTS Asoke, 700m from Robinson Sukhumvit, 700m from Terminal 21 Asoke, 800m from MRT Sukhumvit, 800m from EmQuartier and 1.7 km from Samitivej Sukhumvit Hospital. This unit has 1 bedroom, 2 bathrooms, living, dining, kitchen with useable area of 87 sqm. The unit is fully furnished and fully equipped. The building facilities comprise of swimming pool, fitness, lift, lobby, CCTV, car parking and 24 hours security.

    Features

    Private GymPrivate Gym Pool AccessPool Access Covered ParkingCovered Parking Washing MachineWashing Machine

    Basic Information

    Date Listed Nov 6, 2024
    Updated N/A
    Property Type Condo
    Floor 10
    Bedroom 1
    Size 87 SqM
    Price per SqM ฿97,701
    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
    N/A
    View(s) N/A
    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.
    ฿4,350/mo
    Listed By
    Broker Network
    Electricity Price N/A
    Water Price N/A
    Unit ID U1964206

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿8,500,000
    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.
    ฿4,350/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.
    20
    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 1 bedroom condos at Lake Avenue Sukhumvit 16, and the current sales price.
    5%

    Project Details

    Project Name: Lake Avenue Sukhumvit 16
    Developer: Lake Avenue
    Construction: Completed (Jun 1985)
    Floors: 30
    Buildings: 1
    Units: 160
    Project Area: 4,856 SqM
    Nearest Landmark Asok BTS - 0.6 Km
    Location: Khlong Toei, Bangkok
    Lake Avenue Sukhumvit 16 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
    Back Up Generators Back Up Generators

    Popular Facilities at Lake Avenue Sukhumvit 16

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      1st Floor
    • Communal Gym
      1st Floor

    Available Units at Lake Avenue Sukhumvit 16

    For Sale 6 For Rent 11
    • All
    • 1 Bed
    • 2 Beds
    • 4 Beds
    Get notified when new homes are being added to Lake Avenue Sukhumvit 16
    View All (6)

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    Frequently Asked Questions

    No pets are allowed at Lake Avenue Sukhumvit 16 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 ฿50 per square meter based on the size of indoor area of the property and is ฿4,350 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.
    Asok BTS is the nearest BTS Station from Lake Avenue Sukhumvit 16 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 Lake Avenue Sukhumvit 16 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

    3.9 out of 5
    Based on
    6 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Good location, easy to travel
    Karren Laughton, Germany, 5 years ago
    Good location with easily accessible !! The common area is clean, and the atmosphere is tranquil, perfect for relaxing and easy to find car parking. The room interior is large, spacious, and complete with in-room facilities, overlooking the beautiful view from the room. It's wonderful at night, enjoy the colorful lights of Bangkok city without getting bored!
    Excellent location, old building
    Melita Rustad, Norway, 5 years ago
    The outside and inside of the building is a different world. The exterior is quite old, but the interior room has been massively renovated and fully furnished with modern decoration. The spacious room is with a big balcony. The lobby area is decorated in a very vintage style, both furniture and architecture. There are a swimming pool and a small fitness center. I like the parking lot of the condo, which is ample. And the location is excellent; travel is convenient, close to the Asoke Intersection.
    It is the most impressive accommodation for our family and me.
    Ashly Grand, Spain, 6 years ago
    It is the most impressive accommodation for our family and me. The service staff was friendly and helpful. A swimming pool is clean, and the common area looks shady. The room my family rented is elegantly decorated. The quality of the furniture is high. It is a room with two large bedrooms at a decent size, suitable for 4-5 people. The location is perfect, close to Asoke BTS, Sukhumvit MRT, and Terminal 21 as well. Great place, I am familiar with the area.
    Old condo with good maintenance
    Meghan J., South Africa, 6 years ago
    I work at Interchange 21 building, and I choose to stay here because it's convenient to travel and reasonably priced. The location is crowded with many shops nearby, which you don't have to worry about finding food. The condo is near Asoke BTS, easy and convenient to travel to many places. Even though the outside is crowded, the inside is pretty quiet and safe. The building is ancient, but it has excellent maintenance. There are not many facilities here, only a swimming pool, fitness room, and car parking. Some people may think that the rental price is expensive, but I think it's okay because this area is quite expensive. Overall, I think it's okay. It's old, but it has been renovated regularly.
    It is close to my workplace.
    Lynn R., Thailand, 7 years ago
    I have been staying here for almost 2 months because it is close to my workplace and is in a great location where Asok BTS is just a 7-minute walk and very close to shops, restaurants, which is very convenient; however, there will be a lot of people and chaos in the morning, but I think I will get used to it soon. My room is very spacious. It has a 1 bedroom which is beautifully decorated. The bathroom also comes with marble bathroom decor, very nice. The furniture is very modern. The common area here is clean, very well taken care of by the staff. The pool is an excellent place for relaxing as it is an outdoor one, but the gym has only a few exercise equipment. It is considered reasonable to rent this place. It is very nice!
    Complete facilities and well maintained
    Chloe Schmit, Germany, 7 years ago
    The old condo, but the building is still really nice-very convenient location, close to Asok BTS station. Nice pool. The room is quite spacious and comes with a big balcony, facing a great city view. Complete facilities provided; 24-hour security, CCTV system, and easy to find parking lots.
    Bangkok
    Khlong Toei

    Neighborhood Overview

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