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    2 Bedroom Condo for sale at Monterey Place
    Khlong Toei, Khlong Toei,Bangkok
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    Sale Price
    ฿5,900,000
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    2 Bedroom Condo for sale at Monterey Place
    (1 Review)
    Unit ID: U1908672
    5% Rental Yield
    Tenant-Occupied until Feb 1, 2025
    Khlong Toei, Khlong Toei,Bangkok
    ฿5,900,000
    2 Bedrooms
    1
    Bathroom
    70 SqM
    Size
    13
    Floor
    Dec 1994
    Completed
    10
    Sale Price
    ฿5,900,000

    About This Condo

    This property is a 70 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Khlong Toei, Bangkok and was completed in Dec 1994. You can buy this condo for a base price of ฿5,900,000 (฿84,286/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

    Basic Information

    Date Listed Aug 6, 2024
    Updated 1 week ago
    Property Type Condo
    Floor 13
    Bedrooms 2
    Size 70 SqM
    Price per SqM ฿84,286
    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
    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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1908672

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,900,000
    Rent
    ฿25,000/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.
    20
    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.
    5%

    Project Details

    Project Name: Monterey Place
    Developer: N/A
    Construction: Completed (Dec 1994)
    Floors: 25
    Buildings: N/A
    Units: 196
    Project Area: N/A
    Nearest Landmark Queen Sirikit National Convention Centre MRT - 0.2 Km
    Location: Khlong Toei, Bangkok
    Monterey Place 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
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Available Units at Monterey Place

    For Sale 6 For Rent 14
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Monterey Place
    View All (6)

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    Frequently Asked Questions

    No pets are allowed at Monterey Place unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Queen Sirikit National Convention Centre MRT is the nearest MRT Station from Monterey Place 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 Monterey Place 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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The condo in the heart of Sukhumvit with affordable price
    Tina Scott, United States, 7 years ago
    Although this condo was completed many years, it has been well-maintained and developed regularly. It is located in a deep alley but close to the Queen Sirikit National Convention Centre MRT, only 5 minutes walking. I love the spacious car parking spaces, garden, snooker room, sauna, library, which is not that large. The condo I live in is 1 spacious bedroom fully furnished. The project is located in the heart of the Sukhumvit area with a serene atmosphere. The cost is affordable, ideal for those who love the spacious area and convenient. I'm sure it perfectly meets your needs.
    Bangkok
    Khlong Toei

    Neighborhood Overview

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