2 Bedroom Condo for sale at Baan Piya Sathorn

4.21 (4 Reviews)
Thung Mahamek, Sathon,Bangkok
Unit ID: U896474
3% Rental Yield
฿12,500,000 Great Price
2 Bedrooms
2 Bathrooms
92 SqM Size
15 Floor
Dec 1997 Completed

About This Condo

This property is a 92 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Baan Piya Sathorn project in Thung Mahamek, Bangkok and was completed in Dec 1997. You can buy this condo for a base price of ฿12,500,000 (฿135,870/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

Features

BalconyBalcony BathtubBathtub Washing MachineWashing Machine OvenOven TVTV

Basic Information

Property Type Condo
Floor 15
Bedrooms 2
Size 92 SqM
Price per SqM ฿135,870
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 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.
฿3,680/mo
Listed By
Private Owner
Date Listed May 18, 2021
Last Updated 1 month ago
Unit ID U896474

Price Analysis

Great Price
Estimated market value ฿16,618,218
Great
฿13,400,000
Good
Fair
Above
฿20,400,000
Current asking Price: ฿12,500,000 | Advertised rental rate: ฿35,000/mo
This condo is ฿4,118,218 BELOW MARKET (-25%) 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
฿12,500,000
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.
฿3,680/mo
Rent
฿35,000/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.
30
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.
3%

Project Details

Project Name: Baan Piya Sathorn
Developer: Sansiri
Construction: Completed (Dec 1997)
Floors: 33
Buildings: N/A
Units: 146
Project Area: N/A
Nearest Landmark Sala Daeng BTS - 2.4 Km
Location: Thung Mahamek, Sathon, Bangkok
Baan Piya Sathorn Project Details

Project Features

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
Steam Room Steam Room
Sauna Sauna

Available Units at Baan Piya Sathorn

For Sale 4 For Rent 5
Get notified when new homes are being added to Baan Piya Sathorn

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Baan Piya Sathorn including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿3,680 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.
Sala Daeng BTS is the nearest BTS from Baan Piya Sathorn and it is 2.4 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 Baan Piya 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

4.2 out of 5 4.21
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good place in vintage style
3.8 Bobby James, United States, 2 years ago
Quiet and pleasant to live. The decoration is vintage and beautiful. A spacious room decorated with durable wooden materials. The price is not very high. Every time I come back, the place makes me feel warm. The professional staff has service-minded and always smiles. The project is in a good location, not far from Chong Nonsi BTS, and in the Sathorn area, which is sleepless with nightlife experience. It was a great time for me.
Nice room, good location, near Saladaeng BTS station.
4.2 Carol Schreffler, Spain, 3 years ago
The 3 bedroom residence is beautiful and spacious, perfectly allocated into zones, and practical. The common area is clean and well-maintained, pleasant to use it. Receptionists also serve excellent services, and the guards do their fabulous jobs, very impressive! Its location is surrounded by many places, including hospitals, schools, shopping centers, Sala Daeng BTS station, easy access everywhere and saves time!!
A complete and comfortable condo
4 Cheryl Mcnair, New Zealand, 3 years ago
If anyone loves the condo decor in a modern and elegant style, here is the best answer because there are various room designs to choose from and match my style. What I like will be the management system here as all the staff is professional, nice, friendly, and helpful all the time. Plus, the project environment is also quality, matching all needs perfectly. Moreover, the project is located near Chong Nonsi BTS, so it is easy to go everywhere. Also, traveling by private car is very convenient. As for the places nearby, there are leading department stores, hospitals, and restaurants. It's considered the complete project because there are many facilities on-site and amenities surrounding it. I want everyone to try and stay here. I certify that you will be impressed.
Condo in good condition
4.8 Peter K., United Kingdom, 5 years ago
I currently rent this condo. Although it has been built for a long time, the condo is still in good condition. Plus, the room is well-proportioned. There is complete furniture and appliances. The design of it is contemporary, making it look simple but cozy. Plus, I like the location as it’s close to shops, restaurants, and shopping malls. The swimming pool of the condo is large and clean, and the security system is reliable. I am impressed with the service of the staff. They are very helpful and friendly. The condo is just 1 kilometer away from Chong Nonsi BTS. The quality of the condo is suitable for the rental price.
Bangkok
Thung Mahamek

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