Unit ID: U1973251
4% Rental Yield
Thung Phaya Thai, Ratchathewi,Bangkok
฿10,200,000
2 Bedrooms
2
Bathrooms
98 SqM
Size
21
Floor
Jan 1995
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 Thung Phaya Thai, Bangkok and was completed in Jan 1995. You can buy this condo for a base price of ฿10,200,000 (฿104,082/SqM).

2 Bedrooms, 2 Bathrooms

3 Balconies, 2 Entrances

Basic Information

Date Listed Nov 21, 2024
Updated 1 month ago
Property Type Condo
Floor 21
Bedrooms 2
Size 98 SqM
Price per SqM ฿104,082
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
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1973251

Investment Opportunity: Charges & Yield

Sale Price
฿10,200,000
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.
27
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 Phayathai Place, and the current sales price.
4%

Project Details

Project Name: Phayathai Place
Developer: N/A
Construction: Completed (Jan 1995)
Floors: 29
Buildings: N/A
Units: 458
Project Area: 3,200 SqM
Nearest Landmark Phaya Thai BTS - 0.2 Km
Location: Thung Phaya Thai, Bangkok
Phayathai Place 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)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Available Units at Phayathai Place

For Sale 1 For Rent 3
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Frequently Asked Questions

No pets are allowed at Phayathai Place unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phaya Thai BTS is the nearest BTS Station from Phayathai 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 Phayathai 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

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Bangkok
Thung Phaya Thai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Phayathai Place

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 Phaya Thai, Ratchathewi, Bangkok
Number of units
550
Sales Prices
฿4.5M - ฿26.6M
▲ 16% overpriced
Monthly Rentals
฿20K - ฿55K
Year Built
Aug 2021
Completion Status
Completed
Location
Thung Phaya Thai, Ratchathewi, Bangkok
Number of units
317
Sales Prices
฿4M - ฿12M
▼ -21% underpriced
Monthly Rentals
฿15K - ฿32K
Year Built
Jan 2014
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
306
Sales Prices
฿7.5M - ฿8.9M
Monthly Rentals
฿16K - ฿25K
Year Built
Jan 2009
Completion Status
Completed
Project Name
Noble Revent
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
261
Sales Prices
฿5.5M - ฿15M
▼ -29.5% underpriced
Monthly Rentals
฿15K - ฿40K
Year Built
Jan 2014
Completion Status
Completed
Location
Thung Phaya Thai, Ratchathewi, Bangkok
Number of units
152
Sales Prices
฿7.99M - ฿11M
▲ 28% overpriced
Monthly Rentals
฿25K - ฿42K
Year Built
Dec 2013
Completion Status
Completed
Location
Thung Phaya Thai, Ratchathewi, Bangkok
Number of units
635
Sales Prices
฿6.9M - ฿14.9M
Monthly Rentals
฿18K - ฿45K
Year Built
Dec 1994
Completion Status
Completed
Project Name
Ideo Q Phayathai
Location
Thung Phaya Thai, Ratchathewi, Bangkok
Number of units
476
Sales Prices
฿6.2M - ฿19.9M
▲ 7.3% overpriced
Monthly Rentals
฿19.9K - ฿48K
Year Built
Dec 2010
Completion Status
Completed
Project Name
M Phayathai
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
215
Sales Prices
฿8.3M - ฿29M
Monthly Rentals
฿26K - ฿120K
Year Built
Dec 2014
Completion Status
Completed
Project Name
Baan Ratchathewi
Location
Thung Phaya Thai, Ratchathewi, Bangkok
Number of units
N/A
Sales Prices
฿1.98M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Baan Pathumwan
Location
Thung Phaya Thai, Ratchathewi, Bangkok
Number of units
194
Sales Prices
฿4.3M - ฿9.75M
Monthly Rentals
฿18K - ฿30K
Year Built
Jan 1996
Completion Status
Completed
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