Unit ID: U1742810
5% Rental Yield
Chatuchak, Chatuchak,Bangkok
฿6,500,000
3 Bedrooms
2
Bathrooms
111 SqM
Size
9
Floor
Jan 1997
Completed

About This Condo

This property is a 111 SqM condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chatuchak, Bangkok and was completed in Jan 1997. You can buy this condo for a base price of ฿6,500,000 (฿58,559/SqM).

Features

Corner UnitCorner Unit BalconyBalcony BathtubBathtub TVTV

Basic Information

Date Listed Feb 23, 2024
Updated 3 months ago
Property Type Condo
Floor 9
Bedrooms 3
Size 111 SqM
Price per SqM ฿58,559
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View, Pool View
Unit Type N/A
Building Building 1
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.
฿3,333/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1742810

Investment Opportunity: Charges & Yield

Sale Price
฿6,500,000
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.
฿3,333/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.
19
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 3 bedroom condos at Elephant Tower, and the current sales price.
5%

Project Details

Project Name: Elephant Tower
Developer: N/A
Construction: Completed (Jan 1997)
Floors: 32
Buildings: 1
Units: 362
Project Area: N/A
Nearest Landmark Phahonyothin 24 BTS - 0.1 Km
Location: Chatuchak, Bangkok
Elephant Tower 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
Sauna Sauna

Available Units at Elephant Tower

For Sale 7 For Rent 6
Get notified when new homes are being added to Elephant Tower
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Frequently Asked Questions

No pets are allowed at Elephant Tower unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phahonyothin 24 BTS is the nearest BTS Station from Elephant Tower and it is 0.1 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 Elephant 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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Bangkok
Chatuchak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Elephant Tower

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Location
Chatuchak, Chatuchak, Bangkok
Number of units
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Sales Prices
฿25M
Monthly Rentals
฿22K - ฿120K
Year Built
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Completion Status
Completed
Location
Chatuchak, Chatuchak, Bangkok
Number of units
488
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฿5.5M - ฿16.5M
▲ 33% overpriced
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Location
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Number of units
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฿3.75M - ฿6M
▲ 5.8% overpriced
Monthly Rentals
฿13K - ฿35K
Year Built
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Completion Status
Completed
Project Name
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Location
Chatuchak, Chatuchak, Bangkok
Number of units
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฿4.5M - ฿6.44M
Monthly Rentals
฿25.9K
Year Built
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Completion Status
Completed
Location
Chatuchak, Chatuchak, Bangkok
Number of units
828
Sales Prices
฿4.9M - ฿10M
▲ 34% overpriced
Monthly Rentals
฿14K - ฿35K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Wind Ratchayothin
Location
Chatuchak, Chatuchak, Bangkok
Number of units
390
Sales Prices
฿3.5M - ฿18M
▼ -10.5% underpriced
Monthly Rentals
฿14K - ฿45K
Year Built
Dec 2008
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
฿1.4M - ฿1.59M
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
Chatuchak, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
฿2M
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
8
Sales Prices
฿32M - ฿37.2M
Monthly Rentals
N/A
Year Built
Apr 2021
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
฿1.25M
Monthly Rentals
N/A
Year Built
Jan 1996
Completion Status
Completed
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