Unit ID: U263989
3% Rental Yield
Lumphini, Pathum Wan,Bangkok
฿26,050,000 ฿26,090,000
2 Bedrooms
2
Bathrooms
98 SqM
Size
19
Floor
Jan 2008
Completed

About This Condo

This property is a 98 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Jan 2008. You can buy this condo for a base price of ฿26,050,000 (฿265,816/SqM).

Rare supply & great investment opportunity

This spacious condominium is conveniently located in Bangkok Central Business District, only a few minutes walk to BTS, Central Embassy and all amenities. The unit offers generous living space with open kitchen as well as plenty of storage space.

Features

Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine OvenOven

Basic Information

Date Listed Dec 18, 2019
Updated 4 years ago
Property Type Condo
Floor 19
Bedrooms 2
Size 98 SqM
Price per SqM ฿265,816
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
Unfurnished
View(s) City View, Unblocked Open 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.
฿4,900/mo
Listed By
Each listing provided by partnered agents is individually verified by BPP. Partner Agents work for different brokerages or property management companies but have teamed up with BPP so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U263989

Investment Opportunity: Charges & Yield

Sale Price
฿26,050,000
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.
฿4,900/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.
30
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 Athenee Residence, and the current sales price.
3%

Project Details

Project Name: Athenee Residence
Developer: TCC Capital Land
Construction: Completed (Jan 2008)
Floors: 41
Buildings: 1
Units: 219
Project Area: 6,781 SqM
Nearest Landmark Phloen Chit BTS - 0.2 Km
Location: Lumphini, Bangkok
Athenee Residence Project Details

Project Features

On Site Restaurant On Site Restaurant
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
Spa Spa
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
BBQ Area BBQ Area
Library / Reading Room Library / Reading Room
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Athenee Residence

  • Communal Garden Area
    7th Floor
  • Communal Pool
    7th Floor
  • Communal Gym
    7th Floor

Available Units at Athenee Residence

For Sale 6 For Rent 53
Get notified when new homes are being added to Athenee Residence
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Frequently Asked Questions

No pets are allowed at Athenee Residence 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 ฿4,900 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.
Phloen Chit BTS is the nearest BTS Station from Athenee Residence and it is 0.2 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 Athenee Residence 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

4.4 out of 5
Based on
8 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good location, rooms have space suitable for the price
Song Scally, China, 4 years ago
It is a perfect project. The location is okay and close to many amenities. There are many room sizes to choose from. Each floor has no more than 5 units that are not so crowded compared to other condos in this area. The rooms are also luxuriously decorated of good quality and should be used for many years. It is considered worth the price. Anyway, it is disappointing as the room is really spacious, but without a balcony. It looks a little awkward. Personally, I am okay because the condo is conveniently located and I am not disappointed at all.
Economic area, 5 minutes walk to Ploenchit BTS
Song Scally, China, 5 years ago
Condominium in a prime location of Ploenchit area. Transportation is super easy, plus providing high-end facilities. There is a swimming pool, a garden, and a gym on the 7th floor. Although the condo is in the city center, the atmosphere can be called very shady. This neighborhood is quite expensive, and there are not many restaurants surrounded. Anyway, you can go shopping at Central Embassy and Central World in only about 10-15 minutes. The downside is that you have to pay a relatively high annual fee because it is an economic district. Overall, it's worth the money and an excellent security system !!
The security system is very good.
Korey Vanwart, Brazil, 5 years ago
Excellent security system with many layers. Non-residents are not easy to enter the project, making life quality, private, and tranquil. It offers an extensive range of facilities, and the common area is luxuriously decorated, magnificent as a 5-star residence. Pleasant to stay here and matching the lifestyle, very impressed!!
This place is impressive
Alicia Puckett, Belgium, 5 years ago
I have stayed in this condo for only a few months, but I would say this place is impressive. My room is a 2-bedroom unit with the right size and a few units per floor, making it so private. The fitness center is fully-equipped. The staff is attentive. Besides, this place isn’t far from Ploenchit BTS station as it takes only 4 minutes on foot, which is so convenient.
Loads of amenities
Kirin C., Thailand, 5 years ago
It is one of my favorite condos in Bangkok. The project includes a very nice lounge. The breakfast here is delicious, and the lobby is beautiful. It also comprises a nice swimming pool and a fitness room. The room I rented is 2 bedrooms, which is very good. The only downside of the hotel is its location, where there are not many restaurants or tourist attractions nearby. But it's okay; the Ploenchit BTS Skytrain is just one block away and accessible everywhere I want. Overall, it is very ok, and it is worth relaxing.
Close to Ploenchit BTS
Lima Beckford, United States, 5 years ago
Athenee Residence is a luxury condo in the heart of Bangkok, and close to Ploenchit BTS. It's a great location surrounded by amenities such as shops, restaurants, and Central Embassy. The receptionists are friendly. There are several room types from 2-4 bedrooms with a swimming pool and fitness center full of modern equipment. But this area is quite busy during rush hour, and traffic is heavy throughout the day.
Super convenient
Amelia C., United States, 6 years ago
I have lived here for over a year now. I would say it's super convenient as the location is near many embassies, especially the American embassy that I work for. It's close to shopping centers like All Seasons Place and Central Embassy. The transportation is very convenient as Ploenchit BTS is only 300 meters away. There is a restaurant, a swimming pool, and a gym at the property that I often like to use. I bought a reasonably spacious two-bedroom without furniture, so I purchased quality furniture to decorate the room. Everything is perfect here. It's my 2nd home in Thailand.
What a fantastic condominium!
Sonya Freese, Netherlands, 7 years ago
What a fantastic condominium! It is located near Ploenchit BTS, All Seasons Place shopping mall, and many restaurants. There is a 24-hour MaxValu selling savory, sweet, and various stuff; it's behind the project, so you can conveniently walk in a few meters. Personally, I was impressed with the staff service as they upgraded my 2 bedrooms to 3 bedrooms. The room is massive and beautifully decorated. It's well deserved to be a luxurious condo. The bedding was flawless. The car park is extensive with many floors.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Athenee Residence

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
Lumphini, Pathum Wan, Bangkok
Number of units
37
Sales Prices
฿14.1M - ฿20.6M
Monthly Rentals
฿32.2K - ฿45.2K
Year Built
Jan 2005
Completion Status
Completed
Project Name
Baan Siriruedee
Location
Lumphini, Pathum Wan, Bangkok
Number of units
68
Sales Prices
฿12.6M - ฿17.1M
▼ -48% underpriced
Monthly Rentals
฿34.2K - ฿70.4K
Year Built
Jan 2005
Completion Status
Completed
Project Name
Noble Ploenchit
Location
Lumphini, Pathum Wan, Bangkok
Number of units
1444
Sales Prices
฿6.64M - ฿99.5M
▼ -4.4% underpriced
Monthly Rentals
฿29.2K - ฿1.28M
Year Built
Dec 2016
Completion Status
Completed
Project Name
98 Wireless
Location
Lumphini, Pathum Wan, Bangkok
Number of units
77
Sales Prices
฿94M - ฿146M
▼ -10% underpriced
Monthly Rentals
฿201K - ฿392K
Year Built
Mar 2017
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
79
Sales Prices
฿4.87M - ฿7.74M
▼ -21% underpriced
Monthly Rentals
฿17.6K - ฿40.2K
Year Built
Dec 2009
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
170
Sales Prices
฿25.1M - ฿98.4M
▼ -18% underpriced
Monthly Rentals
฿48.3K - ฿322K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Focus Ploenchit
Location
Khlong Toei, Pathum Wan, Bangkok
Number of units
132
Sales Prices
฿4.73M - ฿8.34M
▼ -50% underpriced
Monthly Rentals
฿19.1K - ฿45.2K
Year Built
Dec 2013
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
30
Sales Prices
฿50.3M
Monthly Rentals
฿55.3K - ฿60.3K
Year Built
Jan 2014
Completion Status
Completed
Project Name
Ploenchit Terrace
Location
Lumphini, Pathum Wan, Bangkok
Number of units
N/A
Sales Prices
฿99.5M
Monthly Rentals
N/A
Year Built
Jan 1993
Completion Status
Completed
Project Name
O2 Hip Condo
Location
Lumphini, Pathum Wan, Bangkok
Number of units
48
Sales Prices
฿8.22M - ฿21M
▼ -10.7% underpriced
Monthly Rentals
฿30.2K - ฿70.4K
Year Built
Feb 2010
Completion Status
Completed
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