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    2 Bedroom Condo for sale at The Address Phayathai
    Thung Phaya Thai, Ratchathewi,Bangkok
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    Sale Price
    ฿10,990,000
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    2 Bedroom Condo for sale at The Address Phayathai
    (1 Review)
    Unit ID: U1363368
    4% Rental Yield
    Thung Phaya Thai, Ratchathewi,Bangkok
    ฿10,990,000
    2 Bedrooms
    1
    Bathroom
    61.01 SqM
    Size
    33
    Floor
    Dec 2013
    Completed
    4
    Sale Price
    ฿10,990,000

    About This Condo

    This property is a 61.01 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Thung Phaya Thai, Bangkok and was completed in Dec 2013. You can buy this condo for a base price of ฿10,990,000 (฿180,134/SqM).

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Dec 28, 2022
    Updated 1 year ago
    Property Type Condo
    Floor 33
    Bedrooms 2
    Size 61.01 SqM
    Price per SqM ฿180,134
    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.
    ฿2,928/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1363368

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿10,990,000
    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.
    ฿2,928/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.
    23
    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 The Address Phayathai, and the current sales price.
    4%

    Project Details

    Project Name: The Address Phayathai
    Developer: AP (Thailand)
    Construction: Completed (Dec 2013)
    Floors: 35
    Buildings: 1
    Units: 152
    Project Area: N/A
    Nearest Landmark Phaya Thai BTS - 0.4 Km
    Location: Thung Phaya Thai, Bangkok
    The Address Phayathai 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
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning

    Popular Facilities at The Address Phayathai

    • All
    • Fitness
    • Leisure
    4
    • Communal Pool
      34th Floor
    • Communal Gym
      34th Floor
    • Sauna
      34th Floor

    Available Units at The Address Phayathai

    For Sale 2 For Rent 4
    • All
    • 2 Beds
    Get notified when new homes are being added to The Address Phayathai
    View All (2)

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    Frequently Asked Questions

    No pets are allowed at The Address Phayathai 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 ฿48 per square meter based on the size of indoor area of the property and is ฿2,928 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.
    Phaya Thai BTS is the nearest BTS Station from The Address Phayathai and it is 0.4 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 The Address Phayathai 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
    My gift
    Kristina S., Thailand, 8 years ago
    This condo was a gift from my dad as a bonus for passing the entrance exams. The location is great, not far from the university. There are many restaurants nearby. The room has only one bedroom, but it is very spacious and beautifully decorated. Every piece of furniture is high quality. I feel very private because there are only 4 rooms on each floor. The security system is also great! It has security guards 24 hours a day and CCTV. In addition, there is also a sauna, swimming pool, and fitness, but unfortunately, I can use them only on the weekend during my free time.
    Bangkok
    Thung Phaya Thai

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby The Address Phayathai

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    Sales Prices
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    Monthly Rentals
    N/A
    Year Built
    N/A
    Completion Status
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    Project Name
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    Location
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    Number of units
    458
    Sales Prices
    ฿10.2M
    Monthly Rentals
    ฿18K - ฿20K
    Year Built
    Jan 1995
    Completion Status
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    Project Name
    Noble House Phayathai
    Location
    Thanon Phaya Thai, Ratchathewi, Bangkok
    Number of units
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    Sales Prices
    ฿7.5M - ฿8.9M
    Monthly Rentals
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    Year Built
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    Completion Status
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    Location
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    Number of units
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    Sales Prices
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    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
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    Number of units
    476
    Sales Prices
    ฿6.2M - ฿19.9M
    ▲ 7.3% overpriced
    Monthly Rentals
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    Year Built
    Dec 2010
    Completion Status
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    Project Name
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    Location
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    Number of units
    194
    Sales Prices
    ฿4.3M - ฿9.75M
    Monthly Rentals
    ฿18K - ฿30K
    Year Built
    Jan 1996
    Completion Status
    Completed
    Project Name
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    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
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    Location
    Thanon Phaya Thai, Ratchathewi, Bangkok
    Number of units
    215
    Sales Prices
    ฿8.3M - ฿29M
    Monthly Rentals
    ฿26K - ฿120K
    Year Built
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    Completion Status
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    Projects Nearby The Address Phayathai
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    Noble Revent
    M Phayathai
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