O2 Hip Condo

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Khlong Toei, Khlong Toei,Bangkok

Unit ID: U83388
4% Rental Yield
฿8,500,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
50 SqM Size
Floors
7 Floor
Construction
Feb 2010 Completed

1 Bedroom Condo for sale at O2 Hip Condo

This property is a 50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the O2 Hip Condo project in Khlong Toei, Bangkok and was completed in Feb 2010. You can buy this condo for a base price of ฿8,500,000 (฿170,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 7
Bedroom 1
Size 50 SqM
Price per SqM ฿170,000
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%.

Foreign 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) Blocked 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.
฿4,000/mo
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 Sep 3, 2018
Last Updated 2 years ago
Unit ID U83388

Price Analysis

Great Price
Estimated market value ฿12,111,032
Great
฿9,450,000
Good
Fair
Above
฿9,760,000
Current asking Price: ฿8,500,000 | Rental estimate: ฿29,600/mo
This condo is ฿3,611,032 BELOW MARKET (-30%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿8,500,000
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.
฿4,000/mo
Est. Rent
฿29,600/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.
24
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 O2 Hip Condo, and the current sales price.
4%

Project Details

Project Name: O2 Hip Condo
Developer: N/A
Construction: Completed (Feb 2010)
Floors: 7
Buildings: N/A
Units: 48
Project Area: N/A
Location: Khlong Toei, Khlong Toei, Bangkok
O2 Hip Condo 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

Available Units at O2 Hip Condo

For Sale 2 For Rent 2
Get notified when new homes are being added to O2 Hip Condo

Loan Calculator

Frequently asked questions

The common area maintenance fee is ฿80 per square meter based on the size of indoor area of the property and is ฿4,000 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.
Queen Sirikit National Convention Centre MRT is the nearest MRT from O2 Hip Condo 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 O2 Hip Condo 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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Bangkok

Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby O2 Hip Condo

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Year Built
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Project Name
Location
Number of units
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Year Built
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Location
Khlong Toei, Bangkok, Thailand
Number of units
24
Sales Prices
฿11.1M
▲ 14% overpriced
Monthly Rentals
฿80.6K
Year Built
Dec 2015
Completion Status
Completed
Location
Khlong Toei, Bangkok, Thailand
Number of units
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Completed
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Year Built
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Monthly Rentals
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Number of units
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Monthly Rentals
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