2 Bedroom Condo for sale at Life At BTS Thaphra

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Talat Phlu, Thon Buri,Bangkok
Unit ID: U153227
5% Rental Yield
Sold Great Price
2 Bedrooms
1 Bathroom
48.50 SqM Size
8 Floor
Dec 2008 Completed

About This Condo

This property is a 48.50 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Life At BTS Thaphra project in Talat Phlu, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿4,000,000 (฿82,474/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type Condo
Floor 8
Bedrooms 2
Size 48.50 SqM
Price per SqM ฿82,474
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) 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.
฿1,455/mo
Listed By
Private Owner
Date Listed Jan 27, 2019
Last Updated 1 year ago
Unit ID U153227

Price Analysis

Great Price
Estimated market value ฿7,977,410
Great
฿5,760,000
Good
Fair
Above
฿6,400,000
Current asking Price: ฿4,000,000 | Advertised rental rate: ฿15,000/mo
This condo is ฿3,977,410 BELOW MARKET (-50%) 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

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.
฿1,455/mo
Rent
฿15,000/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.
5%

Project Details

Project Name: Life At BTS Thaphra
Developer: AP (Thailand)
Construction: Completed (Dec 2008)
Floors: 17
Buildings: N/A
Units: 672
Project Area: 6,608 SqM
Nearest Landmark Talat Phlu BTS - 0.4 Km
Location: Talat Phlu, Thon Buri, Bangkok
Life At BTS Thaphra Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
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This condo was reserved by another buyer but check out these similar properties

Available Units at Life At BTS Thaphra

For Sale 1 For Rent 1
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Available Units at Life At BTS Thaphra
-
Beds Studio Beds
Baths 1 Baths
Size 31.50 SqM Size
Floor 12 Floor
City View
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Available Units at Life At BTS Thaphra
฿56,905
Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 10 Floor
Thai Quota Partly Furnished City View
Get notified when new homes are being added to Life At BTS Thaphra

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Frequently Asked Questions

No pets are allowed at Life At BTS Thaphra 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,455 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.
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 Life At BTS Thaphra the required payment for the sinking fund is ฿300 per square meter based on the size of the indoor area of the property.
Talat Phlu BTS is the nearest BTS Station from Life At BTS Thaphra and it is 0.4 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 Life At BTS Thaphra 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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Bangkok
Talat Phlu

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Life At BTS Thaphra

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Location
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Number of units
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Monthly Rentals
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Year Built
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Completion Status
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Location
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Number of units
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