1 Bedroom Condo for sale at SOCIO Reference 61

4.5 (1 Review)
Khlong Tan Nuea, Watthana,Bangkok
Unit ID: U599616
5% Rental Yield
฿5,000,000 ฿5,100,000
1 Bedroom
1 Bathroom
43 SqM Size
4 Floor
Dec 2012 Completed

About This Condo

This property is a 43 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the SOCIO Reference 61 project in Khlong Tan Nuea, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of ฿5,000,000 (฿116,279/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

Socio Reference 61 Condo: 1 BR for sale and rent

1 BEDROOM / 1 BATHROOM • 43 SQM • Fully furnished: cozy room in Ekkamai Ambient atmosphere with trees, located on the 4th floor from total 8 floors, facilities equipped with swimming pool, fitness room, and shuttle bus to BTS Close to Ekkamai BTS , MaxValue Park Lane, and Gateway shopping complex 

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 4
Bedroom 1
Size 43 SqM
Price per SqM ฿116,279
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) Park View, Unblocked Open View
Unit Type N/A
Building SOCIO Reference 61
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.
฿2,365/mo
Listed By
Private Owner
Date Listed May 31, 2020
Last Updated 2 weeks ago
Unit ID U599616

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿5,000,000
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.
฿2,365/mo
Rent
฿20,000/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.
21
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.
5%

Project Details

Project Name: SOCIO Reference 61
Construction: Completed (Dec 2012)
Floors: 8
Buildings: 1
Units: 99
Project Area: 1,188 SqM
Nearest Landmark Thong Lo BTS - 0.5 Km
Location: Khlong Tan Nuea, Watthana, Bangkok
SOCIO Reference 61 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
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access

Popular Facilities at SOCIO Reference 61

  • Communal Pool
    8th Floor
  • Communal Gym
    8th Floor

Available Units at SOCIO Reference 61

For Sale 6 For Rent 4
Get notified when new homes are being added to SOCIO Reference 61

Loan Calculator

Frequently Asked Questions

No pets are allowed at SOCIO Reference 61 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 ฿2,365 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 SOCIO Reference 61 the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Thong Lo BTS is the nearest BTS Station from SOCIO Reference 61 and it is 0.5 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 SOCIO Reference 61 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

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A good place to stay, near the amenity
4.5 Jenny Sato, Japan, 3 years ago
This location is great. During our studies, we spent roughly 6 months here. The staff is kind, and there are many facilities, such as a swimming pool and a fitness on-site, but the one-bedroom unit is a little small. The project's surroundings are attractive. It is close to several amenities, including the Ekkamai BTS station, restaurants, and retail stores. Almost all of my neighbors are foreigners, and this project also has a large number of Japanese living here because a Japanese friend recommended it to me.
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby SOCIO Reference 61

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Project Name
Avenue 61
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
79
Sales Prices
฿7.64M - ฿26.9M
▲ 8.5% overpriced
Monthly Rentals
฿40.3K - ฿121K
Year Built
Dec 2005
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
99
Sales Prices
฿5.54M - ฿18.6M
▲ 8.8% overpriced
Monthly Rentals
฿25.2K - ฿65.5K
Year Built
Dec 2012
Completion Status
Completed
Project Name
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Khlong Tan Nuea, Watthana, Bangkok
Number of units
79
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฿6.09M - ฿15.1M
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Monthly Rentals
฿21.1K - ฿50.4K
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Dec 2009
Completion Status
Completed
Location
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Number of units
50
Sales Prices
฿29.1M
▼ -43% underpriced
Monthly Rentals
฿75.5K - ฿90.6K
Year Built
Dec 1992
Completion Status
Completed
Project Name
Le Premier 2
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
83
Sales Prices
฿10.6M - ฿39.3M
▼ -2.5% underpriced
Monthly Rentals
฿22.7K - ฿55.4K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Maru Ekkamai 2
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
333
Sales Prices
฿5.24M - ฿19.6M
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฿20.1K - ฿55.4K
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Number of units
245
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฿20.1K - ฿201K
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Number of units
226
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฿3.63M - ฿40.2M
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฿15.1K - ฿101K
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Project Name
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฿30.2K - ฿70.5K
Year Built
Jan 2013
Completion Status
Completed
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