Circle Condominium

4.75 (3 Reviews)

Makkasan, Ratchathewi,Bangkok

Unit ID: U892950
6% Rental Yield
฿10,400,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
75 SqM Size
Floors
40 Floor
Construction
Dec 2012 Completed

2 Bedroom Condo for sale at Circle Condominium

This property is a 75 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Circle Condominium project in Makkasan, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of ฿10,400,000 (฿138,000/SqM).

CIRCLE 11

BRAND NEW ,15 MN WALK TO NANA STATION, FREE TUK TUK FROM THE RESIDENCE TO BTS .

Features

Private GymPrivate Gym Pool AccessPool Access Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Outdoor ShowersOutdoor Showers

Basic Information

Property Type Condo
Floor 40
Bedrooms 2
Size 75 SqM
Price per SqM ฿138,000
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
N/A
View(s) Unblocked Open View
Unit Type N/A
Building Building 1
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿117,000/mo
Listed By
Private Owner
Date Listed May 15, 2021
Last Updated 2 months ago
Unit ID U892950

3D Walkthrough

Price Analysis

Above Average
Estimated market value ฿8,820,000
Great
฿5,570,000
Good
Fair
Above
฿9,050,000
Current asking Price: ฿10,400,000 | Rental estimate: ฿48,900/mo
This condo is ฿1,580,000 ABOVE MARKET (18%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿10,400,000
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿117,000/mo
Est. Rent
฿48,900/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.
18
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 2 bedroom condos at Circle Condominium, and the current sales price.
6%

Project Details

Project Name: Circle Condominium
Developer: Fragrant Property
Construction: Completed (Dec 2012)
Floors: 43
Buildings: 2
Units: 917
Project Area: 8,012 SqM
Nearest Landmark Makkasan ARL - 0.6 Km
Location: Makkasan, Ratchathewi, Bangkok
Circle Condominium Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Spa Spa
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Music Room Music Room
Cigar Lounge Cigar Lounge
Mini Theater Mini Theater
Kids Pool Kids Pool
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access
Shuttle Bus Shuttle Bus

Popular Facilities at Circle Condominium

  • Communal Pool
    8th Floor
  • Communal Gym
    8th Floor
  • Communal Garden Area
    8th Floor

Loan Calculator

Frequently asked questions

No pets are allowed at Circle 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 ฿40 per square meter based on the size of indoor area of the property and is ฿117,000 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.
Makkasan ARL is the nearest ARL from Circle Condominium 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 Circle 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

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Reviews

4.8 out of 5 4.75
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Best location and good layout
4.4 Verified Current Resident, 10 months ago
Circle is located across from Soi 11 - good facilities and free shuttle to BTS. The rooms are having a nice layout and well priced.
Very nice residential building
4.8 Verified Former Resident, 11 months ago
I used to live more than a year at Circle 1 and I really loved it - the facilities are soo cool - large swmingpool - a lot of trees - there are few Koi Carpes that I loved watching with my son. The gym also is nice, there is a trainer there all day every day if you need some help. my room was larger than others units I have visited before choose Circle for almost same price. Secret tip : there is an hidden door behind the building that will bring you direclty to the canal and can walk to Sukhumvit Soi 11. Very convenient building even tho located on Petchaburi road.
It is like a 5-star hotel with all the amenities.
5 Liza Charity, United States, 3 years ago
It is like a 5-star hotel with all the amenities. The pool is vast. The fitness center also has a lot of equipment. What I like is the rooftop atmosphere. You can see the most beautiful city view, especially at night. The two-bedroom unit that my family and I rented has a decent size. The furniture is complete and in excellent condition. There is a 7-11 store behind the project and many restaurants. Walking to Phetchaburi MRT takes less than 10 minutes. Nana BTS is a bit far away. You might have to take a motorcycle taxi, but it only takes 2 minutes.

Bangkok

Makkasan

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Circle Condominium

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
Ratchathewi, Bangkok, Thailand
Number of units
636
Sales Prices
฿3.31M - ฿5.92M
Monthly Rentals
฿12K - ฿23K
Year Built
Dec 2018
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
477
Sales Prices
฿7.12M - ฿33.1M
Monthly Rentals
฿18K - ฿130K
Year Built
Jan 2014
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
60
Sales Prices
฿6.21M - ฿8.82M
Monthly Rentals
฿29.1K - ฿39.1K
Year Built
Dec 1991
Completion Status
Completed
Project Name
Kallista Mansion
Location
Ratchathewi, Bangkok, Thailand
Number of units
84
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฿28.1M - ฿33.1M
Monthly Rentals
฿60.1K - ฿180K
Year Built
Dec 1997
Completion Status
Completed
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Tower Park
Location
Ratchathewi, Bangkok, Thailand
Number of units
128
Sales Prices
N/A
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฿85.2K - ฿130K
Year Built
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Completion Status
Completed
Project Name
Liberty Park 2
Location
Ratchathewi, Bangkok, Thailand
Number of units
136
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฿7.52M - ฿26.9M
Monthly Rentals
฿35.1K - ฿45.1K
Year Built
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Completed
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Ratchathewi, Bangkok, Thailand
Number of units
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Sales Prices
฿4.51M - ฿40.1M
Monthly Rentals
฿30.1K - ฿120K
Year Built
Dec 2006
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
143
Sales Prices
฿5.26M - ฿21M
Monthly Rentals
฿20K - ฿26.1K
Year Built
Dec 2016
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
73
Sales Prices
฿5.61M - ฿15M
Monthly Rentals
฿19K - ฿50.1K
Year Built
Dec 2003
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
145
Sales Prices
N/A
Monthly Rentals
฿25.1K
Year Built
Dec 2016
Completion Status
Completed