1 Bedroom Condo for sale at XVI The Sixteenth Condominium

4.5 (1 Review)
Khlong Toei, Khlong Toei,Bangkok
Unit ID: U1100336
4% Rental Yield
฿4,300,000
1 Bedroom
1 Bathroom
37 SqM Size
4 Floor
Dec 2010 Completed

About This Condo

This property is a 37 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the XVI The Sixteenth Condominium project in Khlong Toei, Bangkok and was completed in Dec 2010. You can buy this condo for a base price of ฿4,300,000 (฿116,216/SqM) and it is also available for long term rentals starting from ฿16,000 per month.

Features

MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 4
Bedroom 1
Size 37 SqM
Price per SqM ฿116,216
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 Building 1
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.
฿1,295/mo
Listed By
Private Owner
Date Listed Jun 3, 2022
Last Updated 2 months ago
Unit ID U1100336

Investment Opportunity: Charges & Yield

Sale Price
฿4,300,000
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.
฿1,295/mo
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.
22
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.
4%

Project Details

Construction: Completed (Dec 2010)
Floors: 8
Buildings: 1
Units: 76
Project Area: 924 SqM
Location: Khlong Toei, Khlong Toei, Bangkok
XVI The Sixteenth Condominium 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
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Shuttle Bus Shuttle Bus

Available Units at XVI The Sixteenth Condominium

For Sale 5 For Rent 5
Get notified when new homes are being added to XVI The Sixteenth Condominium

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Frequently Asked Questions

No pets are allowed at XVI The Sixteenth Condominium 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,295 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.
Queen Sirikit National Convention Centre MRT is the nearest MRT from XVI The Sixteenth Condominium and it is 0.3 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 XVI The Sixteenth Condominium 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 XVI The Sixteenth Condominium?

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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 private place, close to the shopping center
4.5 Zani Wiriya, Thailand, 5 years ago
I've rented a 2-bedroom condo here with my friend. The room is spacious, styled in modern, and fully furnished. Since the project has been launched for many years, something may be worn out, such as the paint on the wall on the balcony peeling off, but that's okay. The project is beautifully decorated and provides complete facilities to its residents, including the swimming pool, gym, garden, and shuttle bus service to the nearest MRT station, such an impressive point for me as it's time-saving and convenient. Besides, the location is close to many amenities, such as convenience stores and large shopping malls like Terminal 21. It's such a heaven for shop lovers because of the convenience and closes of the mall.
Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

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