1 Bedroom Condo for sale at The Address Phayathai

5 (1 Review)
Thung Phaya Thai, Ratchathewi,Bangkok
Unit ID: U1131370
5% Rental Yield
฿8,500,000
1 Bedroom
1 Bathroom
51 SqM Size
32 Floor
Dec 2013 Completed

About This Condo

This property is a 51 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Address Phayathai project in Thung Phaya Thai, Bangkok and was completed in Dec 2013. You can buy this condo for a base price of ฿8,500,000 (฿166,667/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

Boasting in the prime location of Phayathai area, The Address Phayathai, an exclusive condominium. This breathtaking 1 bedroom situated on high floor and offers 360 panoramic view. Thisunit provides stylish interior and well-designed throughout. Taking view 90 from bedroom. Just three minutes walk to BTS Phayathai and Airport Link.

Features

Corner UnitCorner Unit BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV Access to BTS/MRTAccess to BTS/MRT

Basic Information

Property Type Condo
Floor 32
Bedroom 1
Size 51 SqM
Price per SqM ฿166,667
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%.

N/A
Furniture
N/A
View(s) 360° View, 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.
฿2,448/mo
Listed By
Broker Network
Date Listed Jul 22, 2022
Last Updated 6 days ago
Unit ID U1131370

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.
฿2,448/mo
Rent
฿35,000/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.
20
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: The Address Phayathai
Developer: AP (Thailand)
Construction: Completed (Dec 2013)
Floors: 35
Buildings: 1
Units: 152
Project Area: N/A
Nearest Landmark Phaya Thai BTS - 0.4 Km
Location: Thung Phaya Thai, Ratchathewi, Bangkok
The Address Phayathai 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning

Popular Facilities at The Address Phayathai

  • Communal Pool
    34th Floor
  • Communal Gym
    34th Floor
  • Sauna
    34th Floor

Available Units at The Address Phayathai

For Sale 3 For Rent 5
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Available Units at The Address Phayathai
฿166,667
Beds 1 Beds
Baths 1 Baths
Size 51 SqM Size
Floor 32 Floor
360° View
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Available Units at The Address Phayathai
฿178,749
Great Price
Beds 2 Beds
Baths 1 Baths
Size 60.42 SqM Size
Floor 20 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Address Phayathai
-
Beds 2 Beds
Baths 2 Baths
Size 65.30 SqM Size
Floor - Floor
Negotiable
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Available Units at The Address Phayathai
-
Beds 1 Beds
Baths 1 Baths
Size 39 SqM Size
Floor 10 Floor
Fully Furnished City View
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Available Units at The Address Phayathai
฿186,885
Great Price
Beds 2 Beds
Baths 1 Baths
Size 61 SqM Size
Floor 33 Floor
Thai Quota Fully Furnished
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Available Units at The Address Phayathai
-
Beds 2 Beds
Baths 2 Baths
Size 64 SqM Size
Floor 17 Floor
Negotiable
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Available Units at The Address Phayathai
-
Beds 2 Beds
Baths 2 Baths
Size 84 SqM Size
Floor 23 Floor
Fully Furnished
Favorite
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Available Units at The Address Phayathai
-
Beds 2 Beds
Baths 1 Baths
Size 64 SqM Size
Floor 17 Floor
Fully Furnished
Get notified when new homes are being added to The Address Phayathai

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Frequently Asked Questions

No pets are allowed at The Address Phayathai 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 ฿48 per square meter based on the size of indoor area of the property and is ฿2,448 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.
Phaya Thai BTS is the nearest BTS Station from The Address Phayathai 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 The Address Phayathai 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

Do you own a property at The Address Phayathai?

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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
My gift
5 Kristina S., Thailand, 5 years ago
This condo was a gift from my dad as a bonus for passing the entrance exams. The location is great, not far from the university. There are many restaurants nearby. The room has only one bedroom, but it is very spacious and beautifully decorated. Every piece of furniture is high quality. I feel very private because there are only 4 rooms on each floor. The security system is also great! It has security guards 24 hours a day and CCTV. In addition, there is also a sauna, swimming pool, and fitness, but unfortunately, I can use them only on the weekend during my free time.
Bangkok
Thung Phaya Thai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Address Phayathai

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Year Built
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Project Name
Location
Number of units
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Year Built
Completion Status
Location
Thung Phaya Thai, Ratchathewi, Bangkok
Number of units
317
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▼ -13% underpriced
Monthly Rentals
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Year Built
Jan 2014
Completion Status
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Location
Thung Phaya Thai, Ratchathewi, Bangkok
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Completion Status
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Location
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Number of units
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฿8.9M
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Number of units
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Number of units
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N/A
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