2 Bedroom Condo for sale at Supalai Elite Sathorn - Suanplu

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Thung Mahamek, Sathon,Bangkok
Unit ID: U1008092
4% Rental Yield
Sold Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
96 SqM Size
Floors
16 Floor
Construction
Dec 2015 Completed

About This Condo

This property is a 96 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Supalai Elite Sathorn - Suanplu project in Thung Mahamek, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of ฿13,300,000 (฿138,542/SqM) and it is also available for long term rentals starting from ฿47,000 per month.

Charming Condo 96m2, bright and airy, French design

You will have this charming modern French Design oversized corner unit  with spectacular green-city views in the centre of CBD area, closed to MRT and BTS. This unit is just renovated into big and open-breezy living room, modern equipped kitchen,  master bedroom, row bathrooms, one shower and one bath. It comes with one fixed indoor parking space. The only unit lifting high ceiling.  Imagine in bed, you could look at peaceful city light at night and hearing birds in the morning as a perfect cozy home in the city. Residence Supalai Elite Satorn-Suanplu The largest 96 SQM corner unit with  2bedroom, 2 baths, and 3 balcony (green-city view) Fully furnished, come with new sofa and comfy Omazz mattress Fully equipped with new fridge, oven, washing machine, drying machine, TV, quiet air cons) Separate European kitchen and Thai outdoor kitchen. Apartment digital access Complete facilities within the project such as reception hall  , mail room, salt water swimming pool, fitness, sauna, relaxation garden, sky garden, SKY Lounge with library free access. What are you waiting for, call now to visit your new home. Best location in Central Business District: Area is good mix of foreign and local life, surrounded by high-end restaurants, and some of the best street food in Bangkok. And you can find almost everything you need around you. Residence is accessible from several directions, close to ExpressWay, BTS Chong Nonsi and MRT Lumpini. Walking distance to Lumpini Park, coffee shops, 2-3 convenient stores & market, and police station, post office. Near a number of department stores (Makro, Tops, Homepro, and more) Near a few hospitals as well. If you are already excited by the description and the location, then come to visit us. And you will be conquered and under the spell of this little corner of happiness. 

Features

Pool AccessPool Access Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated (2021) Renovated KitchenRenovated Kitchen (2021) Washing MachineWashing Machine OvenOven TVTV Access to BTS/MRTAccess to BTS/MRT

Basic Information

Property Type Condo
Floor 16
Bedrooms 2
Size 96 SqM
Price per SqM ฿138,542
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) 360° View, City View, Unblocked Open View
Unit Type N/A
Building Supalai Elite Sathorn - Suanplu
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.
฿5,280/mo
Listed By
Private Owner
Date Listed Jun 27, 2021
Last Updated 4 months ago
Unit ID U1008092

Price Analysis

Great Price
Estimated market value ฿19,660,098
Great
฿13,100,000
Good
Fair
Above
฿27,400,000
Current asking Price: ฿13,300,000 | Advertised rental rate: ฿47,000/mo
This condo is ฿6,360,098 BELOW MARKET (-32%) 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.
฿5,280/mo
Rent
฿47,000/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.
24
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

Developer: Supalai
Construction: Completed (Dec 2015)
Floors: 23
Buildings: 1
Units: 180
Project Area: 2,648 SqM
Nearest Landmark Lumphini MRT - 1 Km
Location: Thung Mahamek, Sathon, Bangkok
Supalai Elite Sathorn - Suanplu 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
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Supalai Elite Sathorn - Suanplu

  • Lounge
    Rooftop
  • Communal Pool
    6th Floor
  • Communal Gym
    6th Floor
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Frequently Asked Questions

No pets are allowed at Supalai Elite Sathorn - Suanplu 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 ฿55 per square meter based on the size of indoor area of the property and is ฿5,280 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.
Lumphini MRT is the nearest MRT from Supalai Elite Sathorn - Suanplu and it is 1 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 Supalai Elite Sathorn - Suanplu 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
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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

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