Unit ID: U896474
3% Rental Yield
Tenant-Occupied until Sep 1, 2025
Thung Mahamek, Sathon,Bangkok
฿13,000,000 Great Price
2 Bedrooms
2
Bathrooms
92 SqM
Size
15
Floor
Dec 1997
Completed

About This Condo

This property is a 92 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thung Mahamek, Bangkok and was completed in Dec 1997. You can buy this condo for a base price of ฿13,000,000 (฿141,304/SqM) and it is also available for long term rentals starting from ฿32,000 per month.

Features

BalconyBalcony BathtubBathtub Washing MachineWashing Machine OvenOven TVTV

Basic Information

Date Listed May 19, 2021
Updated 3 months ago
Property Type Condo
Floor 15
Bedrooms 2
Size 92 SqM
Price per SqM ฿141,304
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 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.
฿3,680/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U896474

Investment Opportunity: Charges & Yield

Sale Price
฿13,000,000
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.
฿3,680/mo
Rent
฿32,000/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.
34
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.
3%

Project Details

Project Name: Baan Piya Sathorn
Developer: Sansiri
Construction: Completed (Dec 1997)
Floors: 33
Buildings: N/A
Units: 146
Project Area: N/A
Nearest Landmark Sala Daeng BTS - 2.4 Km
Location: Thung Mahamek, Bangkok
Baan Piya Sathorn 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
Steam Room Steam Room
Sauna Sauna

Available Units at Baan Piya Sathorn

For Sale 5 For Rent 5
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Frequently Asked Questions

No pets are allowed at Baan Piya Sathorn 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 ฿40 per square meter based on the size of indoor area of the property and is ฿3,680 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.
Sala Daeng BTS is the nearest BTS Station from Baan Piya Sathorn and it is 2.4 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 Baan Piya Sathorn 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

4.2 out of 5
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good place in vintage style
Bobby James, United States, 5 years ago
Quiet and pleasant to live. The decoration is vintage and beautiful. A spacious room decorated with durable wooden materials. The price is not very high. Every time I come back, the place makes me feel warm. The professional staff has service-minded and always smiles. The project is in a good location, not far from Chong Nonsi BTS, and in the Sathorn area, which is sleepless with nightlife experience. It was a great time for me.
Nice room, good location, near Saladaeng BTS station.
Carol Schreffler, Spain, 5 years ago
The 3 bedroom residence is beautiful and spacious, perfectly allocated into zones, and practical. The common area is clean and well-maintained, pleasant to use it. Receptionists also serve excellent services, and the guards do their fabulous jobs, very impressive! Its location is surrounded by many places, including hospitals, schools, shopping centers, Sala Daeng BTS station, easy access everywhere and saves time!!
A complete and comfortable condo
Cheryl Mcnair, New Zealand, 6 years ago
If anyone loves the condo decor in a modern and elegant style, here is the best answer because there are various room designs to choose from and match my style. What I like will be the management system here as all the staff is professional, nice, friendly, and helpful all the time. Plus, the project environment is also quality, matching all needs perfectly. Moreover, the project is located near Chong Nonsi BTS, so it is easy to go everywhere. Also, traveling by private car is very convenient. As for the places nearby, there are leading department stores, hospitals, and restaurants. It's considered the complete project because there are many facilities on-site and amenities surrounding it. I want everyone to try and stay here. I certify that you will be impressed.
Condo in good condition
Peter K., United Kingdom, 8 years ago
I currently rent this condo. Although it has been built for a long time, the condo is still in good condition. Plus, the room is well-proportioned. There is complete furniture and appliances. The design of it is contemporary, making it look simple but cozy. Plus, I like the location as it’s close to shops, restaurants, and shopping malls. The swimming pool of the condo is large and clean, and the security system is reliable. I am impressed with the service of the staff. They are very helpful and friendly. The condo is just 1 kilometer away from Chong Nonsi BTS. The quality of the condo is suitable for the rental price.
Bangkok
Thung Mahamek

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Piya Sathorn

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
Thung Mahamek, Sathon, Bangkok
Number of units
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Sales Prices
฿27.8M - ฿59.8M
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
Thung Mahamek, Sathon, Bangkok
Number of units
580
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฿5.48M - ฿99.7M
▼ -14.9% underpriced
Monthly Rentals
฿17.9K - ฿99.7K
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Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
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฿10.6M - ฿74.5M
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Completion Status
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Project Name
Urbana Sathorn
Location
Thung Mahamek, Sathon, Bangkok
Number of units
242
Sales Prices
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Monthly Rentals
฿29.9K - ฿140K
Year Built
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Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
180
Sales Prices
฿6.78M - ฿16.2M
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Monthly Rentals
฿22.9K - ฿199K
Year Built
Dec 2015
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
281
Sales Prices
฿8.97M
Monthly Rentals
฿8.97K - ฿29.9K
Year Built
Jan 2003
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
58
Sales Prices
฿12M - ฿13M
▼ -37% underpriced
Monthly Rentals
฿27.9K - ฿28.9K
Year Built
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Completion Status
Completed
Project Name
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Location
Thung Mahamek, Sathon, Bangkok
Number of units
370
Sales Prices
฿11.5M - ฿135M
▼ -3.3% underpriced
Monthly Rentals
฿44.8K - ฿419K
Year Built
Dec 2008
Completion Status
Completed
Location
Si Lom, Sathon, Bangkok
Number of units
75
Sales Prices
฿12.5M - ฿80.7M
▲ 5% overpriced
Monthly Rentals
฿41.9K - ฿99.7K
Year Built
Dec 2004
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
131
Sales Prices
฿32.9M - ฿142M
Monthly Rentals
฿64.8K - ฿164K
Year Built
Dec 1991
Completion Status
Completed
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