Bangkok Horizon Sathorn

4.5 (1 Review)

Thung Wat Don, Sathon,Bangkok

Unit ID: U636434
5% Rental Yield
฿6,500,000 Great Price
Bedroom
1 Bedroom
Bathroom
2 Bathrooms
Indoor Area
51 SqM Size
Floors
23 Floor
Construction
Dec 2015 Completed

1 Bedroom Penthouse for sale at Bangkok Horizon Sathorn

This property is a 51 SqM penthouse with 1 bedroom and 2 bathrooms that is available for sale. It is part of the Bangkok Horizon Sathorn project in Thung Wat Don, Bangkok and was completed in Dec 2015. You can buy this penthouse for a base price of ฿6,500,000 (฿127,451/SqM) and it is also available for long term rentals starting from ฿28,000 per month.

Bangkok Horizon Sathorn

Very Nice 1 Bedroom 2 Bathroom Loft Penthouse with External Garden Excellent location near BTS ChongNonsi, BRT Krungtep Technical, Sathorn City Offices & International schools 4 Tollways Priced to sell due to upgrading.

Features

Private GymPrivate Gym Private SaunaPrivate Sauna Corner UnitCorner Unit DuplexDuplex BalconyBalcony BathtubBathtub Fully RenovatedFully Renovated (2016) Renovated KitchenRenovated Kitchen (2016) Renovated BathroomRenovated Bathroom (2016)

Basic Information

Property Type Penthouse
Floor 23
Bedroom 1
Size 51 SqM
Price per SqM ฿127,451
Penthouse 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
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) City View, Unblocked Open View
Unit Type N/A
Building Bangkok Horizon Sathorn
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.
฿2,295/mo
Listed By
Private Owner
Date Listed Oct 19, 2020
Last Updated 6 months ago
Unit ID U636434

Price Analysis

Great Price
Estimated market value ฿8,334,639
Great
฿6,120,000
Good
Fair
Above
฿8,910,000
Current asking Price: ฿6,500,000 | Advertised rental rate: ฿28,000/mo
This penthouse is ฿1,834,639 BELOW MARKET (-22%) in the Bangkok area. It is analyzed against similar penthouses 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
฿6,500,000
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.
฿2,295/mo
Rent
฿28,000/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.
19
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: Bangkok Horizon Sathorn
Developer: CMC Group
Construction: Completed (Dec 2015)
Floors: 24
Buildings: 1
Units: 268
Project Area: 2,672 SqM
Nearest Landmark Chong Nonsi BTS - 1.3 Km
Location: Thung Wat Don, Sathon, Bangkok
Bangkok Horizon Sathorn 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
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Library / Reading Room Library / Reading Room
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Bangkok Horizon Sathorn

  • Communal Pool
    6th Floor
  • Library / Reading Room
    6th Floor
  • Communal Gym
    6th Floor

Available Units at Bangkok Horizon Sathorn

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฿125,641
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฿111,429
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Available Units at Bangkok Horizon Sathorn
฿127,451
Great Price
Beds 1 Beds
Baths 2 Baths
Size 51 SqM Size
Floor 23 Floor
Foreign Quota Negotiable City View
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Available Units at Bangkok Horizon Sathorn
฿129,630
Beds 1 Beds
Baths 1 Baths
Size 27 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished City View
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Available Units at Bangkok Horizon Sathorn
฿121,053
Beds 1 Beds
Baths 1 Baths
Size 38 SqM Size
Floor 22 Floor
Thai Quota Fully Furnished City View
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Available Units at Bangkok Horizon Sathorn
฿122,313
Good Price
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Bangkok Horizon Sathorn

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Frequently asked questions

No pets are allowed at Bangkok Horizon Sathorn 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 ฿45 per square meter based on the size of indoor area of the property and is ฿2,295 for this penthouse. 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 Bangkok Horizon Sathorn the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Chong Nonsi BTS is the nearest BTS from Bangkok Horizon Sathorn and it is 1.3 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 Bangkok Horizon 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
Nice condo with all-around amenities
4.5 Nillapath Shari, India, 2 years ago
I bought 2 rooms in this condo for the purpose of renting them out and speculating. The first room is a studio suitable for staying alone and is decorated in a modern style with fully-equipped furnishings views of the city. Another room has 1 bedroom and 1 bathroom, as well as a spacious living area, and is ideal for a couple. It comes fully furnished and equipped with electronics, and it has a beautiful view of the city. This project provides a variety of amenities, such as a lobby area, a swimming pool, a fitness center, a garden, and relaxing area, car parking, and a 24-hour security system that will not bore you. As a result, I bought this condo because it is in a prime location near Chong Nonsi BTS, which is only 1 kilometer away. It is also close to a number of amenities, such as shops, restaurants, and large department stores. This project is appropriate for someone looking for a condo for a resident that meets their requirements at a reasonable price.

Bangkok

Thung Wat Don

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Bangkok Horizon 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
Completion Status
Location
Sathon, Bangkok, Thailand
Number of units
603
Sales Prices
฿2.4M
▼ -31% underpriced
Monthly Rentals
฿9K - ฿18K
Year Built
Dec 2001
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
294
Sales Prices
฿3.5M - ฿16M
▼ -12.4% underpriced
Monthly Rentals
฿20K - ฿45K
Year Built
Dec 2005
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
726
Sales Prices
฿4.53M - ฿8.6M
▼ -0.1% underpriced
Monthly Rentals
฿15K - ฿36K
Year Built
Jul 2019
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
361
Sales Prices
฿6.49M - ฿14.9M
▲ 12% overpriced
Monthly Rentals
฿24K - ฿55K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Sathorn Heritage
Location
Sathon, Bangkok, Thailand
Number of units
180
Sales Prices
฿6.74M - ฿26.8M
▼ -0.4% underpriced
Monthly Rentals
฿18K - ฿55K
Year Built
Dec 2007
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
135
Sales Prices
฿3.1M - ฿4.42M
▼ -33% underpriced
Monthly Rentals
฿12.5K - ฿25K
Year Built
Dec 1995
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
301
Sales Prices
฿5.3M - ฿11.2M
▼ -1.7% underpriced
Monthly Rentals
฿16.5K - ฿45K
Year Built
Dec 2013
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
75
Sales Prices
฿4.1M - ฿15M
▼ -41% underpriced
Monthly Rentals
฿27K - ฿55K
Year Built
Sep 2009
Completion Status
Completed
Location
Sathon, Bangkok, Thailand
Number of units
33
Sales Prices
฿49.9M
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Project Name
The Empire Place
Location
Sathon, Bangkok, Thailand
Number of units
493
Sales Prices
฿7.9M - ฿63.5M
▲ 2.8% overpriced
Monthly Rentals
฿29K - ฿155K
Year Built
Dec 2007
Completion Status
Completed
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