Rhythm Sathorn

3.94 (6 Reviews)

Thung Wat Don, Sathon,Bangkok

Unit ID: U650322
4% Rental Yield
฿12,900,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
66 SqM Size
Floors
25 Floor
Construction
Dec 2015 Completed

2 Bedroom Condo for sale at Rhythm Sathorn

This property is a 66 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Rhythm Sathorn project in Thung Wat Don, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of ฿12,900,000 (฿195,455/SqM) and it is also available for long term rentals starting from ฿42,000 per month.

Features

BalconyBalcony BathtubBathtub MicrowaveMicrowave

Basic Information

Property Type Condo
Floor 25
Bedrooms 2
Size 66 SqM
Price per SqM ฿195,455
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) River or Canal 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.
฿2,640/mo
Listed By
Private Owner
Date Listed Feb 15, 2021
Last Updated 1 week ago
Unit ID U650322

3D Walkthrough

Price Analysis

Above Average
Estimated market value ฿11,776,547
Great
฿11,600,000
Good
Fair
Above
฿12,200,000
Current asking Price: ฿12,900,000 | Advertised rental rate: ฿42,000/mo
This condo is ฿1,123,453 ABOVE MARKET (10%) 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
฿12,900,000
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.
฿2,640/mo
Rent
฿42,000/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.
26
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.
4%

Project Details

Project Name: Rhythm Sathorn
Developer: AP (Thailand)
Construction: Completed (Dec 2015)
Floors: 41
Buildings: 1
Units: 910
Project Area: 6,837 SqM
Nearest Landmark Saphan Taksin BTS - 0.3 Km
Location: Thung Wat Don, Sathon, Bangkok
Rhythm 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
Sauna Sauna
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Pool / Snooker Table Pool / Snooker Table
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

Popular Facilities at Rhythm Sathorn

  • Communal Pool
    34th Floor
  • Communal Garden Area
    Ground Floor

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Thai Quota Fully Furnished City View
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Thai Quota Partly Furnished City View
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Foreign Quota Fully Furnished River or Canal View
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Thai Quota Fully Furnished City View
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Thai Quota Fully Furnished City View
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Baths 1 Baths
Size 36 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished City View
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Available Units at Rhythm Sathorn
฿195,455
Beds 2 Beds
Baths 2 Baths
Size 66 SqM Size
Floor 25 Floor
Thai Quota Fully Furnished River or Canal View
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Fully Furnished City View
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฿142,857
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Foreign Quota Fully Furnished
Get notified when new homes are being added to Rhythm Sathorn

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Frequently asked questions

No pets are allowed at Rhythm 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 ฿40 per square meter based on the size of indoor area of the property and is ฿2,640 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 Rhythm Sathorn the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Saphan Taksin BTS is the nearest BTS from Rhythm Sathorn and it is 0.3 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 Rhythm 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

Do you own a property at Rhythm Sathorn?

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Reviews

3.9 out of 5 3.94
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice condo
4.2 Phat K., Thailand, 2 years ago
Know the project information from the Internet. It is considered to be another very interesting condo. Last vacation, I decided to go to the project and inspected the showroom. I have to explain first. There are 2 buildings in this project, divided into the North and the South, and each building has different floors and units. The Northside building consists of a 37-story high with 429 residential units, while the southside building comprises 41-story with 481 residential units; the total number of rooms is 910 units on an area of ​​approximately 4 Rai. Rhythm Sathorn is another large and quality project that can be observed from the furniture and materials used. As far as I know, this place has invited Naoto Fukasawa, a famous interior designer from Japan, to design some of the project rooms. The rooms here are available from 1 bedroom (35 - 55 sq.m.) and 2 bedrooms (62.7 - 65.7 sq.m.) The interior of the room is decorated in a modern style that emphasizes simplicity but remains luxury. The project is located in the heart of the city, and not far from the old town. Even though this condo is not situated along the Chao Phraya River, I can commune with the Phraya River's view. Notably, there are various options to get to the condo, whether taking a Saphan Taksin Station, which is the nearest station, only 340 meters. For those who travel by private car, it is equally comfortable because the point of getting on and off the expressway is not very far from the condo. Apart from that, traveling by public boat is also another option of traveling to the project because Sathorn Pier is close to the condo, only 340 meters, you can walk comfortably. Let's talk about the facilities here. As I said above, there are 2 buildings in this project, the common area and the facilities of each building are not much different. For the North building, it is on the 36th floor, which is the rooftop of that building. The swimming pool here looks like a beautiful with L-shape, but only 5 meters wide, and it is considered very narrow. The kid's pool is like the general communal pool separated from the adult pool exactly. There are 2 fitness rooms here to use. You can also see the city view. You can exercise and see the view at the same time. There are only 487 car parking spaces, an average 53% of the room, which is very little. One more thing here, I believe everyone who visits this condo will see the abandoned building view across the street. That is only about 100 meters away. I recommend choosing a room on the south or east side because you can avoid those terrible buildings view.
Close to BTS and department stores. Comfortable for living
4.2 Ricardo Straw, Mexico, 2 years ago
I'm not disappointed about buying a room in this condo because my life is much more comfortable. The location is excellent as it is close to the Surasak BTS station, only 560 meters, and very close to Robinson Bangrak. I bought a one-bedroom unit at 45 square meters. It is considered enough for living alone. I didn't feel uncomfortable or cramped at all. There is also a space left for decoration. Also, there are many facilities available, including a saltwater swimming pool, a fitness center, and a garden for relaxation Overall, I like it here.
Another interesting project
4 Adelina Eyler, United States, 2 years ago
- The project is located in an excellent location. There is an abundance area with many restaurants and hotels. - Many routes connect to the project; it is convenient to go everywhere. There is public transportation such as Saphan Taksin BTS Station. Besides, it is near Sathorn Express Boat Pier and Si Rat Expressway. - The view from the rooftop is so stunning. You can admire a panoramic view of the Chao Phraya River. It's incredible, especially in the evening. - The common area includes a fitness center, garden, and swimming pool. However, there are a lot of people in the evening or on weekends.
Excellent Condo
4 Glady Stumpf, Australia, 2 years ago
This condominium is perfect, and it is conveniently located, offering a beautiful river view. The room has a very luxurious living room and a lovely kitchen. Although there are quite a lot of residents, it still provides privacy. Moreover, there is a vast area where the residents can relax during their leisure time. Besides, the pool on the rooftop is nice. Personally, it's ok. Also, this condo is close to Asiatique, Central Plaza Rama 3, and Central World. The location is good, and it can be used for renting out and staying, worth the price!
Good Condo
4.5 Filiberto Patrick, United Kingdom, 3 years ago
I've viewed this condo and done some research and comparison for a month. Finally, I decided to buy it here. My 2-bedroom unit is on the 30th floor with built-in furniture. Super luxurious facilities on the 36-37th floors include a pool, sauna, garden, and gym. I can also get marvelous views of the city and the Chao Phraya River. Love it. The location is excellent near many educational institutions and the Saphan Taksin BTS as well.
The condo here is easy to travel
2.8 Nicole Chittum, France, 3 years ago
I spend most of the time in the common areas, whether it is a swimming pool or a gym. The city views are superb as the facilities are located on the rooftop. I was impressed with the project design, and I'm willing to pay this price. It makes sense! The room is 1 bedroom and 1 bathroom. Also, there is a kitchen that is very convenient to cook. It is also located conveniently, walking distance to Saphan Taksin BTS station, only about 5-10 minutes. If anyone is looking for a good condo, easy to travel to, I recommend this place !!!!

Bangkok

Thung Wat Don

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