Sarin Place

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Lat Yao, Chatuchak,Bangkok

Unit ID: U657786
6% Rental Yield
฿11,900,000 Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
150 SqM Size
Floors
14 Floor
Construction
Jan 1996 Completed

About This Condo

This property is a 150 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Sarin Place project in Lat Yao, Bangkok and was completed in Jan 1996. You can buy this condo for a base price of ฿11,900,000 (฿79,333/SqM) and it is also available for long term rentals starting from ฿55,000 per month.

complete renovation just complete; spacious condo, must see

2 bedrooms, 2 bathrooms, fully fitted western style kitchen, large living room, dining room, balcony. 150m2, fully furnished. A/C throughout; Hot water in bathrooms; Quiet unit; Comes with one indoor car park space; Utility fees extra; Restaurant on site plus gym & pool; 10 mins walk to BTS, shops, restaurants.

Features

Covered ParkingCovered Parking BalconyBalcony Fully RenovatedFully Renovated (2021)

Basic Information

Property Type Condo
Floor 14
Bedrooms 2
Size 150 SqM
Price per SqM ฿79,333
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, Unblocked Open 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.
฿5,000/mo
Listed By
Private Owner
Date Listed Jan 27, 2021
Last Updated 7 months ago
Unit ID U657786

Price Analysis

Great Price
Estimated market value ฿22,706,928
Great
฿20,500,000
Good
Fair
Above
฿26,300,000
Current asking Price: ฿11,900,000 | Advertised rental rate: ฿55,000/mo
This condo is ฿10,806,928 BELOW MARKET (-48%) 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
฿11,900,000
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.
฿5,000/mo
Rent
฿55,000/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.
18
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.
6%

Project Details

Project Name: Sarin Place
Developer: N/A
Construction: Completed (Jan 1996)
Floors: 30
Buildings: N/A
Units: 2
Project Area: N/A
Nearest Landmark Ratchayothin BTS - 0.6 Km
Location: Lat Yao, Chatuchak, Bangkok
Sarin Place 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)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna

Available Units at Sarin Place

For Sale 2 For Rent 1
Get notified when new homes are being added to Sarin Place

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Frequently Asked Questions

Ratchayothin BTS is the nearest BTS from Sarin Place 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 Sarin 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

Lat Yao

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