XVI The Sixteenth Condominum

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Khlong Toei, Khlong Toei,Bangkok

Unit ID: U634348
4% Rental Yield
฿5,999,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
44 SqM Size
Floors
7 Floor
Construction
Dec 2010 Completed

1 Bedroom Condo for sale at XVI The Sixteenth Condominum

This property is a 44 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the XVI The Sixteenth Condominum project in Khlong Toei, Bangkok and was completed in Dec 2010. You can buy this condo for a base price of ฿5,999,000 (฿136,341/SqM).

PARK VIEW, xvi condominium, unit 702

Charming apartment with unobstructed beautiful view on the Benjakiti Park and the Bangkok Skyline, on the 7th of a 8-floors building. (Roof top swimming pool and fitness room and garden) Tastefully furnished and fully equipped. 
 Dressing room and plenty of storage. 
 2 flat screen TV in the bedroom and living room. 

 Ideally located, this apartment is near Queen Sirikit MRT station and BTS Asok station. 

 Shuttle available every half hour. 
 Rooms: 2 (1 Bedroom and 1 Living Room, 44 sqm) Address: XVI The Sixteenth Condominium, 588/14 Soi Phaisingto (Sukhumvit Soi 16), Klongtoey 10110 Bangkok Features: Fully furnished, Parking, Swimming pool, Garden, Lift / Disabled access, Security service, Balcony / Terrasse Already rented 24,000 THB / Month. All distances below are indicated as flying distance (straight line between two points) from XVI The Sixteenth Condominium and therefore the walking distance may be longer. Transportation BTS: Phrom Phong (1,018m), Asok (1,326m) MRT: Queen Sirikit National Convention Centre (319m), Khlong Toei (922m), Sukhumvit (1,378m) Shopping Department Store: Emporium (909m), Robinson Sukhumvit (1,492m) Shopping Mall: Camp Davis (618m), Low Cost Center (833m), K Village (945m)... Hypermarket: Big C Rama 4 (1,037m), Tesco Lotus Rama 4 (1,139m) Supermarket: Foodland Sukhumvit 16 (821m), Villa Market Sukhumvit 33 (987m) Healthcare Hospital: Tobacco Monopoly Hospital (852m) Education International School: Australian International School Bangkok (433m), Sacred Heart Convent School (979m), Trinity International School (1,347m) Kindergarten: KiddyKare International Kindergarten (1,018m), Wells International Kindergarten (1,446m) Nature & Landmark Park & Garden: Benjakitti Park - South Entrance (349m), Benjakitti Park - Southwest Entrance (466m) Benjakitti Park - West Entrance (606m)... Benjasiri Park - via the Mariott Marquis at Sukhumvit soi 22, a 10mn walk.

Features

Corner UnitCorner Unit BalconyBalcony

Basic Information

Property Type Condo
Floor 7
Bedroom 1
Size 44 SqM
Price per SqM ฿136,341
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) Skyline View, Lake View, Park 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.
฿1,540/mo
Listed By
Private Owner
Date Listed Oct 1, 2020
Last Updated 2 months ago
Unit ID U634348

Investment Opportunity: Charges & Yield

Sale Price
฿5,999,000
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.
฿1,540/mo
Est. Rent
฿22,100/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 XVI The Sixteenth Condominum, and the current sales price.
4%

Project Details

Construction: Completed (Dec 2010)
Floors: 8
Buildings: N/A
Units: 76
Project Area: 924 SqM
Location: Khlong Toei, Khlong Toei, Bangkok
XVI The Sixteenth Condominum 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 Condominum

For Sale 3 For Rent 3
Get notified when new homes are being added to XVI The Sixteenth Condominum

Loan Calculator

Frequently asked questions

No pets are allowed at XVI The Sixteenth Condominum 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 ฿1,540 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 Condominum 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 Condominum 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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