The Light Newyork

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Bang Chak, Phra Khanong,Bangkok

Unit ID: U168936
6% Rental Yield
฿3,400,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
42 SqM Size
Floors
6 Floor
Construction
Sep 2015 Completed

1 Bedroom Condo for sale at The Light Newyork

This property is a 42 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Light Newyork project in Bang Chak, Bangkok and was completed in Sep 2015. You can buy this condo for a base price of ฿3,400,000 (฿80,952/SqM) and it is also available for long term rentals starting from ฿16,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 42 SqM
Price per SqM ฿80,952
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
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View, 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.
N/A
Listed By
Private Owner
Date Listed Aug 14, 2019
Last Updated 1 year ago
Unit ID U168936

Investment Opportunity: Charges & Yield

Sale Price
฿3,400,000
Rent
฿16,000/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.
18
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.
6%

Project Details

Project Name: The Light Newyork
Developer: N/A
Construction: Completed (Sep 2015)
Floors: 8
Buildings: N/A
Units: 168
Project Area: N/A
Nearest Landmark Punnawithi BTS - 0.6 Km
Location: Bang Chak, Phra Khanong, Bangkok
The Light Newyork Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at The Light Newyork

For Sale 1 For Rent 1

Loan Calculator

Frequently asked questions

Punnawithi BTS is the nearest BTS from The Light Newyork and it is 0.6 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 Light Newyork 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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