Unit ID: U1960299
3% Rental Yield
Khlong Toei Nuea, Watthana,Bangkok
฿48,000,000
4 Bedrooms
4
Bathrooms
324 SqM
Size
12
Floor
Dec 1992
Completed

About This Condo

This property is a 324 SqM condo with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the project in Khlong Toei Nuea, Bangkok and was completed in Dec 1992. You can buy this condo for a base price of ฿48,000,000 (฿148,148/SqM) and it is also available for long term rentals starting from ฿120,000 per month.

Features

Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Oct 30, 2024
Updated 3 weeks ago
Property Type Condo
Floor 12
Bedrooms 4
Size 324 SqM
Price per SqM ฿148,148
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, 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, Unblocked Open 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 U1960299

Investment Opportunity: Charges & Yield

Sale Price
฿48,000,000
Rent
฿120,000/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.
33
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.
3%

Project Details

Project Name: Tower Park
Developer: N/A
Construction: Completed (Dec 1992)
Floors: 35
Buildings: N/A
Units: 128
Project Area: N/A
Nearest Landmark Makkasan ARL - 0.7 Km
Location: Khlong Toei Nuea, Bangkok
Tower Park Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Sauna Sauna
Tennis Court Tennis Court

Available Units at Tower Park

For Sale 3 For Rent 10
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Frequently Asked Questions

No pets are allowed at Tower Park unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Makkasan ARL is the nearest Airport Rail Link Station from Tower Park and it is 0.7 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 Tower Park 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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Old but well maintenance.
Tom Kittikornpiboon, Thailand, 6 years ago
Although it was built a long time ago, the maintenance is excellent, the common area is clean, and the swimming pool has a lovely atmosphere. My neighbor and I stay on the same floor. We often swim and play tennis together in the evening, after work, and on weekends. My studio room is expansive at 47 square meters, making me feel comfortable. I bought the room here its location is close to my company. The location is near Ratchadamri BTS and many shopping malls, restaurants, shops, Lumpini Park, and Chulalongkorn Hospital.
Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Tower Park

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
Khlong Toei Nuea, Watthana, Bangkok
Number of units
60
Sales Prices
฿6.18M - ฿14.4M
▼ -10% underpriced
Monthly Rentals
฿28.9K - ฿54.8K
Year Built
Dec 1991
Completion Status
Completed
Project Name
Liberty Park 2
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
136
Sales Prices
฿8.37M - ฿23.4M
▼ -44% underpriced
Monthly Rentals
฿34.9K - ฿74.7K
Year Built
Dec 1998
Completion Status
Completed
Project Name
Kallista Mansion
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
84
Sales Prices
฿32.9M - ฿54.8M
▼ -10% underpriced
Monthly Rentals
฿74.7K - ฿164K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Ruamjai Heights
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
80
Sales Prices
฿8.67M - ฿24.9M
▼ -32.5% underpriced
Monthly Rentals
฿18.9K - ฿89.7K
Year Built
Jan 1992
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
145
Sales Prices
฿7.92M - ฿12.6M
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Project Name
The Oleander
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
78
Sales Prices
฿8.97M - ฿30.9M
Monthly Rentals
฿29.9K - ฿120K
Year Built
May 2007
Completion Status
Completed
Location
Makkasan, Watthana, Bangkok
Number of units
917
Sales Prices
฿3.29M - ฿17.9M
▼ -12.5% underpriced
Monthly Rentals
฿14.9K - ฿219K
Year Built
Dec 2012
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
219
Sales Prices
฿6.61M - ฿55.1M
▼ -8.8% underpriced
Monthly Rentals
N/A
Year Built
Jan 2015
Completion Status
Completed
Location
Khlong Toei Nuea, Watthana, Bangkok
Number of units
170
Sales Prices
฿4.68M - ฿39.9M
▲ 9% overpriced
Monthly Rentals
฿19.9K - ฿39.9K
Year Built
Dec 2006
Completion Status
Completed
Location
Makkasan, Watthana, Bangkok
Number of units
636
Sales Prices
฿2.89M - ฿14.9M
▲ 7% overpriced
Monthly Rentals
฿12.5K - ฿39.9K
Year Built
Dec 2018
Completion Status
Completed
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