1 Bedroom Condo for sale at Monterey Place

5 (1 Review)
Khlong Toei, Khlong Toei,Bangkok
Unit ID: U1053642
5% Rental Yield
฿4,200,000
1 Bedroom
1 Bathroom
50 SqM Size
9 Floor
Dec 1994 Completed

About This Condo

This property is a 50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Monterey Place project in Khlong Toei, Bangkok and was completed in Dec 1994. You can buy this condo for a base price of ฿4,200,000 (฿84,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 9
Bedroom 1
Size 50 SqM
Price per SqM ฿84,000
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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
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
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Jan 21, 2022
Last Updated 8 months ago
Unit ID U1053642

Investment Opportunity: Charges & Yield

Sale Price
฿4,200,000
Est. Rent
฿18,400/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 1 bedroom condos at Monterey Place, and the current sales price.
5%

Project Details

Project Name: Monterey Place
Developer: N/A
Construction: Completed (Dec 1994)
Floors: 25
Buildings: N/A
Units: 196
Project Area: N/A
Location: Khlong Toei, Khlong Toei, Bangkok
Monterey Place 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
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at Monterey Place

For Sale 4 For Rent 8
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Available Units at Monterey Place
-
Beds 1 Beds
Baths 1 Baths
Size 58 SqM Size
Floor - Floor
Negotiable
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Available: Feb 1, 2023 Available Units at Monterey Place
-
Beds 2 Beds
Baths 2 Baths
Size 80 SqM Size
Floor - Floor
Negotiable
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Available: Sep 1, 2023 Available Units at Monterey Place
฿93,421
Great Price
Beds 2 Beds
Baths 2 Baths
Size 76 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished Park View
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Available Units at Monterey Place
฿74,138
Beds 1 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
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Available Units at Monterey Place
฿84,000
Beds 1 Beds
Baths 1 Baths
Size 50 SqM Size
Floor 9 Floor
Thai Quota Partly Furnished City View
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Available Units at Monterey Place
-
Beds 4 Beds
Baths 3 Baths
Size 167 SqM Size
Floor 22 Floor
Thai Quota Fully Furnished City View
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Available: Apr 1, 2023 Available Units at Monterey Place
-
Beds 1 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 17 Floor
Fully Furnished City View
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Available: Sep 30, 2023 Available Units at Monterey Place
-
Beds 2 Beds
Baths 1 Baths
Size 80 SqM Size
Floor 9 Floor
Fully Furnished Lake View
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Available Units at Monterey Place
฿65,517
Beds 1 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 12 Floor
Fully Furnished River or Canal View
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Available Units at Monterey Place
-
Beds 2 Beds
Baths 1 Baths
Size 80 SqM Size
Floor - Floor
Negotiable Lake View
Favorite
Compare
Available Units at Monterey Place
฿80,769
Beds 2 Beds
Baths 1 Baths
Size 78 SqM Size
Floor 9 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Monterey Place

Loan Calculator

Frequently Asked Questions

No pets are allowed at Monterey Place unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Queen Sirikit National Convention Centre MRT is the nearest MRT Station from Monterey 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 Monterey 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo in the heart of Sukhumvit with affordable price
5 Tina Scott, United States, 5 years ago
Although this condo was completed many years, it has been well-maintained and developed regularly. It is located in a deep alley but close to the Queen Sirikit National Convention Centre MRT, only 5 minutes walking. I love the spacious car parking spaces, garden, snooker room, sauna, library, which is not that large. The condo I live in is 1 spacious bedroom fully furnished. The project is located in the heart of the Sukhumvit area with a serene atmosphere. The cost is affordable, ideal for those who love the spacious area and convenient. I'm sure it perfectly meets your needs.
Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Monterey 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
Khlong Toei, Khlong Toei, Bangkok
Number of units
331
Sales Prices
฿6.03M - ฿43M
▲ 2.6% overpriced
Monthly Rentals
฿27.7K - ฿80.5K
Year Built
Nov 2019
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
76
Sales Prices
฿2.82M - ฿6.04M
▼ -25.3% underpriced
Monthly Rentals
฿16.1K - ฿30.2K
Year Built
Dec 2010
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
70
Sales Prices
฿3.17M - ฿5.23M
Monthly Rentals
฿23.2K - ฿45.3K
Year Built
Dec 2013
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
316
Sales Prices
฿3.02M - ฿8.34M
▲ 0.2% overpriced
Monthly Rentals
฿11.1K - ฿26.2K
Year Built
Feb 2018
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
193
Sales Prices
฿1.7M - ฿3.62M
▼ -30% underpriced
Monthly Rentals
฿13.1K - ฿18.1K
Year Built
Oct 2012
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
269
Sales Prices
฿7.25M - ฿65.4M
▼ -1.9% underpriced
Monthly Rentals
฿27.2K - ฿181K
Year Built
Dec 2008
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
24
Sales Prices
฿11.1M
▲ 15% overpriced
Monthly Rentals
฿80.5K
Year Built
Dec 2015
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
140
Sales Prices
฿4.43M - ฿9.44M
▼ -2.6% underpriced
Monthly Rentals
฿20.1K - ฿45.3K
Year Built
Dec 2010
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
940
Sales Prices
฿5.02M - ฿30M
▼ -1% underpriced
Monthly Rentals
฿15.1K - ฿90.6K
Year Built
Jan 2017
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
1237
Sales Prices
฿3.52M - ฿10.4M
▲ 2.4% overpriced
Monthly Rentals
N/A
Year Built
Sep 2024
Completion Status
Off Plan
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