2 Bedroom Condo for sale at The Bangkok Sathorn

4 (1 Review)
Thung Wat Don, Sathon,Bangkok
Unit ID: U1003874
3% Rental Yield
฿33,500,000
2 Bedrooms
2 Bathrooms
119.47 SqM Size
43 Floor
Dec 2015 Completed

About This Condo

This property is a 119.47 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Bangkok Sathorn project in Thung Wat Don, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of ฿33,500,000 (฿280,405/SqM) and it is also available for long term rentals starting from ฿89,000 per month.

Features

BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave

Basic Information

Property Type Condo
Floor 43
Bedrooms 2
Size 119.47 SqM
Price per SqM ฿280,405
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) 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.
฿8,363/mo
Listed By
Private Owner
Date Listed Jun 24, 2021
Last Updated 2 weeks ago
Unit ID U1003874

Price Analysis

Fair Price
Estimated market value ฿31,281,014
Great
฿24,300,000
Good
Fair
Above
฿35,400,000
Current asking Price: ฿33,500,000 | Advertised rental rate: ฿89,000/mo
This condo is ฿2,218,986 ABOVE MARKET (7%) 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
฿33,500,000
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.
฿8,363/mo
Rent
฿89,000/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.
31
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.
3%

Project Details

Project Name: The Bangkok Sathorn
Developer: Land and Houses
Construction: Completed (Dec 2015)
Floors: 50
Buildings: 1
Units: 468
Project Area: 7,916 SqM
Nearest Landmark Surasak BTS - 0.2 Km
Location: Thung Wat Don, Sathon, Bangkok
The Bangkok Sathorn 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
Reception / Lobby Area Reception / Lobby Area
Lounge Lounge
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Bangkok Sathorn

  • Communal Pool
    32nd Floor
  • Communal Pool
    32nd Floor
  • Communal Gym
    32nd Floor
  • Lounge
    6th Floor
  • Communal Garden Area
    6th Floor

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Get notified when new homes are being added to The Bangkok Sathorn

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Frequently Asked Questions

No pets are allowed at The Bangkok 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 ฿70 per square meter based on the size of indoor area of the property and is ฿8,363 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 The Bangkok Sathorn the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Surasak BTS is the nearest BTS from The Bangkok Sathorn 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 The Bangkok 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

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Reviews

4 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
There are several great facilities in the project
4 Nara Kitano, Japan, 3 years ago
The balcony in the room has stunning views, and there are several great facilities in the project. The ground floor has a garden and a large lobby where the rooftop includes a swimming pool and sky lounge with beautiful views. The gym is fully equipped with modern equipment. What wonderful is the large parking space and enough for the number of residents I never had to waste time looking for parking. Also, the service staff is a five-star hotel. It's convenient and accessible for traveling, only 10 minutes drive from the condo to ICONSIAM, located in the Sathorn area, next to Surasak BTS station, and easily accessible to all Bangkok parts.
Bangkok
Thung Wat Don

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Projects Nearby The Bangkok Sathorn

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Number of units
Sales Prices
Monthly Rentals
Year Built
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Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Sathorn House
Location
Thung Wat Don, Sathon, Bangkok
Number of units
396
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฿7.19M
Monthly Rentals
฿34K
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Jan 1997
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Thung Wat Don, Sathon, Bangkok
Number of units
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฿5.01M - ฿9.61M
▼ -6.4% underpriced
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฿14.6K - ฿38.9K
Year Built
Dec 2015
Completion Status
Completed
Location
Thung Wat Don, Sathon, Bangkok
Number of units
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฿8.99M - ฿23.4M
▼ -5.2% underpriced
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฿36.9K - ฿72.9K
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Thung Wat Don, Sathon, Bangkok
Number of units
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฿8.86M - ฿23.4M
▲ 33% overpriced
Monthly Rentals
N/A
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Location
Thung Wat Don, Sathon, Bangkok
Number of units
N/A
Sales Prices
฿11.2M - ฿14M
Monthly Rentals
฿19.4K - ฿48.6K
Year Built
Jan 2006
Completion Status
Completed
Project Name
Rhythm Sathorn
Location
Thung Wat Don, Sathon, Bangkok
Number of units
910
Sales Prices
฿4.42M - ฿16.7M
▼ -6.6% underpriced
Monthly Rentals
฿15.6K - ฿53.5K
Year Built
Dec 2015
Completion Status
Completed
Location
Thung Wat Don, Sathon, Bangkok
Number of units
692
Sales Prices
฿2.92M - ฿3.5M
Monthly Rentals
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Year Built
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Completed
Location
Thung Wat Don, Sathon, Bangkok
Number of units
166
Sales Prices
฿5.05M - ฿44.6M
▼ -34.9% underpriced
Monthly Rentals
฿19.4K - ฿97.2K
Year Built
Dec 2000
Completion Status
Completed
Project Name
The Lofts Silom
Location
Thung Wat Don, Sathon, Bangkok
Number of units
268
Sales Prices
฿9.14M - ฿29.2M
▲ 1.1% overpriced
Monthly Rentals
฿24.3K - ฿340K
Year Built
Jun 2020
Completion Status
Completed
Location
Thung Wat Don, Sathon, Bangkok
Number of units
219
Sales Prices
฿8.07M - ฿16M
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Monthly Rentals
฿34K
Year Built
Dec 2015
Completion Status
Completed
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