Urbana Sathorn

4.5 (1 Review)

Thung Mahamek, Sathon,Bangkok

Unit ID: U79998
4% Rental Yield
฿9,800,000 ฿10,200,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
70 SqM Size
Floors
15 Floor
Construction
Dec 2006 Completed

1 Bedroom Condo for sale at Urbana Sathorn

This property is a 70 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Urbana Sathorn project in Thung Mahamek, Bangkok and was completed in Dec 2006. You can buy this condo for a base price of ฿9,800,000 (฿140,000/SqM).

Features

Wet BarWet Bar BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Property Type Condo
Floor 15
Bedroom 1
Size 70 SqM
Price per SqM ฿140,000
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) City View, Blocked View
Unit Type 1BR
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.
฿4,200/mo
Listed By
Private Owner
Date Listed Jul 26, 2018
Last Updated 1 year ago
Unit ID U79998

Price Analysis

Great Price
Estimated market value ฿10,492,094
Great
฿10,300,000
Good
Fair
Above
฿11,100,000
Current asking Price: ฿9,800,000 | Rental estimate: ฿35,900/mo
This condo is ฿692,094 BELOW MARKET (-7%) 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
฿9,800,000
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.
฿4,200/mo
Est. Rent
฿35,900/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.
23
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 Urbana Sathorn, and the current sales price.
4%

Project Details

Project Name: Urbana Sathorn
Developer: Urbana Estate
Construction: Completed (Dec 2006)
Floors: 35
Buildings: N/A
Units: 242
Project Area: N/A
Nearest Landmark Sala Daeng BTS - 0.6 Km
Location: Thung Mahamek, Sathon, Bangkok
Urbana Sathorn Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna

Available Units at Urbana Sathorn

For Sale 6 For Rent 5

Loan Calculator

Frequently asked questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Urbana Sathorn.
The common area maintenance fee is ฿60 per square meter based on the size of indoor area of the property and is ฿4,200 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 Urbana Sathorn the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Sala Daeng BTS is the nearest BTS from Urbana Sathorn 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 Urbana Sathorn 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
I'm very impressed with the 5-Star service
4.5 Emma Kim, South Korea, 2 years ago
My first stay in this condo was temporary for 2 weeks while the company was allocating the accommodation for me. Finally, I asked the company to offer the rental fees for this place as I'm impressed by the service they gave me. The project is serviced-condominium, and some units are launched for daily rental. So, the staff here are well trained, and the service is comparable to 5-star hotels. They are very friendly. The lobby hall is well designed in a tropical style, making it feel like going to another province.The room is okay with a fully functional area; there is a kitchen, living area, and bedroom. But there is no water heater in the bathroom (so confused). The location is excellent, easy to explore food options. And very conveniently for travel because I have to contact customers around the Sathorn area. I can say that the location allows easy transportation by BTS, MRT to the public boat service. In the future, if I have a chance to stay in the Sathorn area again, I will definitely choose this place for sure.

Bangkok

Thung Mahamek

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Urbana Sathorn

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
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Project Name
Sathorn Gardens
Location
Sathon, Bangkok, Thailand
Number of units
580
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▲ 1.8% overpriced
Monthly Rentals
฿20K - ฿95.1K
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Dec 2008
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Sathon, Bangkok, Thailand
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146
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▼ -9.3% underpriced
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฿35.1K - ฿60.1K
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Completed
Location
Sathon, Bangkok, Thailand
Number of units
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฿13.8M - ฿33.5M
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฿11.9M - ฿120M
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฿42.5K - ฿155K
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Dec 2008
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Completed
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Sathon, Bangkok, Thailand
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฿13M - ฿31.5M
▼ -8% underpriced
Monthly Rentals
฿39K - ฿100K
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Dec 2010
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
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Monthly Rentals
฿50K - ฿85.1K
Year Built
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Project Name
Baan Thirapa
Location
Sathon, Bangkok, Thailand
Number of units
37
Sales Prices
N/A
Monthly Rentals
฿28K - ฿65.1K
Year Built
Jan 2005
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
49
Sales Prices
฿9.01M - ฿12.9M
Monthly Rentals
฿50K - ฿60K
Year Built
Dec 2014
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
180
Sales Prices
N/A
Monthly Rentals
฿30K - ฿49K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Pipat Place
Location
Sathon, Bangkok, Thailand
Number of units
N/A
Sales Prices
N/A
Monthly Rentals
฿45K
Year Built
Jan 2002
Completion Status
Completed
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