Pyne by Sansiri condomnium

4.75 (2 Reviews)

Thanon Phet Buri, Ratchathewi,Bangkok

Unit ID: U163901
3% Rental Yield
฿11,021,000 ฿12,500,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
47 SqM Size
Floors
19 Floor
Construction
Dec 2012 Completed

1 Bedroom Condo for sale at Pyne by Sansiri condomnium

This property is a 47 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Pyne by Sansiri condomnium project in Thanon Phet Buri, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of ฿11,021,000 (฿234,489/SqM) and it is also available for long term rentals starting from ฿26,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 19
Bedroom 1
Size 47 SqM
Price per SqM ฿234,489
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
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
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.
฿2,585/mo
Listed By
Private Owner
Date Listed Apr 25, 2019
Last Updated 1 year ago
Unit ID U163901

Investment Opportunity: Charges & Yield

Sale Price
฿11,021,000
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.
฿2,585/mo
Rent
฿26,000/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.
35
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

Developer: N/A
Construction: Completed (Dec 2012)
Floors: 42
Buildings: N/A
Units: 298
Project Area: 3,022 SqM
Nearest Landmark Ratchathewi BTS - 0.1 Km
Location: Thanon Phet Buri, Ratchathewi, Bangkok
Pyne by Sansiri condomnium 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
Sauna Sauna

Available Units at Pyne by Sansiri condomnium

For Sale 4 For Rent 3
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Frequently asked questions

No pets are allowed at Pyne by Sansiri condomnium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿55 per square meter based on the size of indoor area of the property and is ฿2,585 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Pyne by Sansiri condomnium the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Ratchathewi BTS is the nearest BTS from Pyne by Sansiri condomnium 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 Pyne by Sansiri condomnium 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

4.8 out of 5 4.75
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
This condo is very worthwhile
4.7 Michael Huber, Netherlands, 1 year ago
I really like this project's location because it is not far from Siam Paragon as it takes about 10 minutes to walk. Besides, there are famous department stores in that area. There are also many restaurants and shops. I stayed in a spacious one-bedroom unit. The facilities are complete, but I have to admit that the price here is relatively higher than in many condos. However, when considering its location in the city center, I think it is very worthwhile.
Condo near Ratchathewi BTS
4.8 Ticha Falk, Sweden, 4 years ago
My girlfriend and I decided to rent a condo for this project in the Phayathai area since it is very convenient to travel just a few steps away from Ratchathewi BTS. Going to the mall is not far away by car as it is about 2 kilometers away from Siam Paragon. The room I rented is a two-bedroom unit, decorated in a modern style. The room is divided into good proportions. There is a living room, kitchen, and work area, plus built-in furniture. Most importantly, electrical appliances are available, including a washing machine, air conditioner, water heater, and microwave. My girlfriend and I agreed that the room we rented was perfect. It also comes with complete facilities, like a pool, gym, garden, parking lot and free Wifi in the common area. Overall, we were both very impressed.

Bangkok

Thanon Phet Buri

Neighborhood Overview

Location and Neighborhood

Street View

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