2 Bedroom Condo for sale at Sathorn Park Place

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Thung Mahamek, Sathon,Bangkok
Unit ID: U1109992
3% Rental Yield
฿33,100,000
2 Bedrooms
2 Bathrooms
236 SqM Size
11 Floor
Dec 1991 Completed

About This Condo

This property is a 236 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Sathorn Park Place project in Thung Mahamek, Bangkok and was completed in Dec 1991. You can buy this condo for a base price of ฿33,100,000 (฿140,254/SqM).

2 bedrooms condo for sale on Sathorn. This unit is about 10 minutes’ drive to Lumpini MRT station. It has an easy access to shopping department stores, international schools, hospitals and restaurants.   This unit has 2 bedrooms, 2 bathrooms with useable area of 236 sq.m. The unit is fully furnished and fully equipped. The building facilities comprise of swimming pool, fitness, car parking and 24 hours security. 

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Property Type Condo
Floor 11
Bedrooms 2
Size 236 SqM
Price per SqM ฿140,254
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%.

N/A
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) Garden 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
Broker Network
Date Listed Jun 22, 2022
Last Updated 2 months ago
Unit ID U1109992

Investment Opportunity: Charges & Yield

Sale Price
฿33,100,000
Est. Rent
฿73,500/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.
38
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 Sathorn Park Place, and the current sales price.
3%

Project Details

Project Name: Sathorn Park Place
Developer: N/A
Construction: Completed (Dec 1991)
Floors: 37
Buildings: N/A
Units: 131
Project Area: N/A
Nearest Landmark Lumphini MRT - 0.7 Km
Location: Thung Mahamek, Sathon, Bangkok
Sathorn Park 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 Sathorn Park Place

For Sale 3 For Rent 6
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Available Units at Sathorn Park Place
-
Beds 3 Beds
Baths 3 Baths
Size 236 SqM Size
Floor 20 Floor
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Available Units at Sathorn Park Place
฿140,254
Beds 2 Beds
Baths 2 Baths
Size 236 SqM Size
Floor 11 Floor
Fully Furnished Garden View
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Available Units at Sathorn Park Place
-
Beds 2 Beds
Baths 3 Baths
Size 296 SqM Size
Floor 28 Floor
Thai Quota Unfurnished City View
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Available Units at Sathorn Park Place
฿113,402
Beds 3 Beds
Baths 3 Baths
Size 291 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
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Available Units at Sathorn Park Place
-
Beds 3 Beds
Baths 4 Baths
Size 300 SqM Size
Floor 11 Floor
Fully Furnished City View
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Available Units at Sathorn Park Place
-
Beds 2 Beds
Baths 4 Baths
Size 240 SqM Size
Floor - Floor
Unfurnished
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Available Units at Sathorn Park Place
-
Beds 3 Beds
Baths 3 Baths
Size 236 SqM Size
Floor 20 Floor
Fully Furnished City View
Favorite
Compare
Available: Mar 1, 2023 Available Units at Sathorn Park Place
-
Beds 2 Beds
Baths 3 Baths
Size 236 SqM Size
Floor 23 Floor
Fully Furnished City View
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Compare
Available Units at Sathorn Park Place
฿155,425
Beds 4 Beds
Baths 4 Baths
Size 341 SqM Size
Floor 17 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Sathorn Park Place

Loan Calculator

Frequently Asked Questions

No pets are allowed at Sathorn Park Place unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Lumphini MRT is the nearest MRT Station from Sathorn Park Place and it is 0.7 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 Sathorn Park 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
Thung Mahamek

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sathorn Park Place

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
Thung Mahamek, Sathon, Bangkok
Number of units
196
Sales Prices
฿38M - ฿250M
▲ 7% overpriced
Monthly Rentals
฿115K - ฿340K
Year Built
Dec 2009
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
720
Sales Prices
฿21.4M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Project Name
Baan Piya Sathorn
Location
Thung Mahamek, Sathon, Bangkok
Number of units
146
Sales Prices
฿12.6M - ฿17M
▼ -18.2% underpriced
Monthly Rentals
฿32.3K - ฿75.8K
Year Built
Dec 1997
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
58
Sales Prices
฿12.1M - ฿12.6M
▼ -37% underpriced
Monthly Rentals
฿40.4K
Year Built
Dec 2001
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
302
Sales Prices
฿3.43M - ฿5.66M
▼ -27% underpriced
Monthly Rentals
฿15.2K - ฿25.3K
Year Built
Jan 2006
Completion Status
Completed
Project Name
The Seed Mingle
Location
Thung Mahamek, Sathon, Bangkok
Number of units
531
Sales Prices
฿3.54M - ฿8.59M
▼ -4.3% underpriced
Monthly Rentals
฿10.1K - ฿50.5K
Year Built
Dec 2011
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
180
Sales Prices
฿7.68M - ฿15.2M
▼ -25% underpriced
Monthly Rentals
฿23.2K - ฿202K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Sathorn Gardens
Location
Thung Mahamek, Sathon, Bangkok
Number of units
580
Sales Prices
฿5.86M - ฿101M
▼ -5.8% underpriced
Monthly Rentals
฿20.2K - ฿121K
Year Built
Dec 2008
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
77
Sales Prices
฿30.8M - ฿46.5M
Monthly Rentals
฿80.8K - ฿121K
Year Built
Jan 2006
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
75
Sales Prices
฿16.2M - ฿35.4M
▲ 5% overpriced
Monthly Rentals
฿40.4K - ฿88.9K
Year Built
Dec 2004
Completion Status
Completed
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