Monterey Place

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Khlong Toei, Khlong Toei,Bangkok

Unit ID: U61457
5% Rental Yield
฿7,000,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
76 SqM Size
Floors
12 Floor
Construction
Dec 1994 Completed

2 Bedroom Condo for sale at Monterey Place

This property is a 76 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Monterey Place project in Khlong Toei, Bangkok and was completed in Dec 1994. You can buy this condo for a base price of ฿7,000,000 (฿92,105/SqM) and it is also available for long term rentals starting from ฿29,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 12
Bedrooms 2
Size 76 SqM
Price per SqM ฿92,105
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) Park View, 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.
N/A
Listed By
Private Owner
Date Listed Jan 18, 2018
Last Updated 7 months ago
Unit ID U61457

Price Analysis

Above Average
Estimated market value ฿5,567,901
Great
฿4,550,000
Good
Fair
Above
฿6,770,000
Current asking Price: ฿7,000,000 | Advertised rental rate: ฿29,000/mo
This condo is ฿1,432,099 ABOVE MARKET (26%) 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
฿7,000,000
Rent
฿29,000/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.
20
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: Monterey Place
Developer: N/A
Construction: Completed (Dec 1994)
Floors: 25
Buildings: N/A
Units: 196
Project Area: N/A
Location: Khlong Toei, Khlong Toei, Bangkok
Monterey Place 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

Available Units at Monterey Place

For Sale 4 For Rent 6
Get notified when new homes are being added to Monterey Place

Loan Calculator

Frequently asked questions

No pets are allowed at Monterey Place unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Queen Sirikit National Convention Centre MRT is the nearest MRT from Monterey Place and it is 0.2 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 Monterey Place 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

Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Monterey Place

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Number of units
Sales Prices
Monthly Rentals
Year Built
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Project Name
Location
Number of units
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Year Built
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Location
Khlong Toei, Bangkok, Thailand
Number of units
331
Sales Prices
฿5.84M - ฿42.7M
▼ -0.8% underpriced
Monthly Rentals
฿27.5K
Year Built
Nov 2019
Completion Status
Completed
Location
Khlong Toei, Bangkok, Thailand
Number of units
76
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฿2.8M - ฿6M
▼ -20% underpriced
Monthly Rentals
฿20K - ฿28K
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Completion Status
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Location
Khlong Toei, Bangkok, Thailand
Number of units
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฿3M - ฿8.28M
▼ -5% underpriced
Monthly Rentals
฿11K - ฿26K
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Location
Khlong Toei, Bangkok, Thailand
Number of units
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▲ 17.5% overpriced
Monthly Rentals
฿13K - ฿18K
Year Built
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Completion Status
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Location
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Number of units
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Completion Status
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Project Name
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Number of units
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Year Built
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Completion Status
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Location
Khlong Toei, Bangkok, Thailand
Number of units
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Sales Prices
฿24M
Monthly Rentals
฿48K
Year Built
Jan 1994
Completion Status
Completed
Location
Khlong Toei, Bangkok, Thailand
Number of units
24
Sales Prices
฿11M
▲ 14% overpriced
Monthly Rentals
฿80K
Year Built
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Completion Status
Completed
Location
Khlong Toei, Bangkok, Thailand
Number of units
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Sales Prices
฿4.99M - ฿17.8M
▼ -2.1% underpriced
Monthly Rentals
฿15K - ฿60K
Year Built
Jan 2017
Completion Status
Completed
Location
Khlong Toei, Bangkok, Thailand
Number of units
140
Sales Prices
฿4.75M - ฿7.53M
▼ -0.3% underpriced
Monthly Rentals
฿20K - ฿45K
Year Built
Dec 2010
Completion Status
Completed
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