Unit ID: U1641192
5% Rental Yield
Phra Khanong, Khlong Toei,Bangkok
฿7,350,000
2 Bedrooms
2
Bathrooms
113 SqM
Size
12
Floor
May 1991
Completed

About This Penthouse

This property is a 113 SqM penthouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Phra Khanong, Bangkok and was completed in May 1991. You can buy this penthouse for a base price of ฿7,350,000 (฿65,044/SqM) and it is also available for long term rentals starting from ฿29,500 per month.

Sell/Rent Condo - Penthouse "Fair Tower", Sukhumvit 50

12th Fl.  2 floor plans Penthouse, 113 sqm., nice environment & view, unfurnished Good Location; near BTS sky train, Lotus Super Market On-Nuch, and express way. Very convenience. 

Features

BalconyBalcony

Basic Information

Date Listed Aug 18, 2023
Updated 2 weeks ago
Property Type Penthouse
Floor 12
Bedrooms 2
Size 113 SqM
Price per SqM ฿65,044
Pets Not Allowed
Penthouse 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
Unfurnished
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.
฿3,000/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1641192

Investment Opportunity: Charges & Yield

Sale Price
฿7,350,000
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.
฿3,000/mo
Rent
฿29,500/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.
21
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: Fair Tower
Developer: N/A
Construction: Completed (May 1991)
Floors: 12
Buildings: N/A
Units: 140
Project Area: N/A
Nearest Landmark On Nut BTS - 0.5 Km
Location: Phra Khanong, Bangkok
Fair Tower Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access
Access to BTS/MRT Access to BTS/MRT

Available Units at Fair Tower

For Sale 2 For Rent 3
Get notified when new homes are being added to Fair Tower
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Frequently Asked Questions

No pets are allowed at Fair Tower unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
On Nut BTS is the nearest BTS Station from Fair Tower and it is 0.5 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 Fair Tower 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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Phra Khanong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Fair Tower

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Monthly Rentals
Year Built
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Project Name
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Number of units
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Location
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Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
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฿2M - ฿7.8M
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Monthly Rentals
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Completion Status
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Location
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Completion Status
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Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
136
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Year Built
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Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
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▼ -2.3% underpriced
Monthly Rentals
฿15K - ฿55K
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
฿2.89M - ฿5.75M
Monthly Rentals
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Year Built
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Completion Status
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