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    1 Bedroom Condo for sale at Rende Sukhumvit 23
    Khlong Toei Nuea, Watthana,Bangkok
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    Sale Price
    ฿6,540,500
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    1 Bedroom Condo for sale at Rende Sukhumvit 23

    (1 Review)
    Khlong Toei Nuea, Watthana,Bangkok
    Unit ID: U41901
    7% Rental Yield
    1 Bedroom
    1 Bathroom
    40.49 SqM Size
    6 Floor
    Dec 2012 Completed
    (1 Review)
    Sale Price
    ฿6,540,500
    5

    About This Condo

    This property is a 40.49 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Khlong Toei Nuea, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of ฿6,540,500 (฿161,534/SqM) and it is also available for long term rentals starting from ฿36,000 per month.

    Features

    BalconyBalcony

    Basic Information

    Date Listed Nov 30, 2017
    Updated 4 years ago
    Property Type Condo
    Floor 6
    Bedroom 1
    Size 40.49 SqM
    Price per SqM ฿161,534
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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.
    ฿2,227/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U41901

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿6,540,500
    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.
    ฿2,227/mo
    Rent
    ฿36,000/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.
    15
    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.
    7%

    Project Details

    Project Name: Rende Sukhumvit 23
    Developer: Werth Supplies
    Construction: Completed (Dec 2012)
    Floors: 8
    Buildings: 1
    Units: 50
    Project Area: 1,000 SqM
    Nearest Landmark Sukhumvit MRT - 0.4 Km
    Location: Khlong Toei Nuea, Bangkok
    Rende Sukhumvit 23 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
    Reception / Lobby Area Reception / Lobby Area

    Popular Facilities at Rende Sukhumvit 23

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      2nd Floor
    • Communal Gym
      2nd Floor

    Available Units at Rende Sukhumvit 23

    For Sale 9 For Rent 12
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Rende Sukhumvit 23
    View All (9)

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    Frequently Asked Questions

    No pets are allowed at Rende Sukhumvit 23 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 ฿2,227 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 Rende Sukhumvit 23 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
    Sukhumvit MRT is the nearest MRT Station from Rende Sukhumvit 23 and it is 0.4 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 Rende Sukhumvit 23 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

    Reviews

    4.8 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Beautiful condo in Sukhumvit area
    Miemie Clarke, Australia, 4 years ago
    My friend recommended this condo to me several years ago because the rental price is reasonable, and it's in a convenient location. Sukhumvit MRT is only 600 meters away. The room I've been renting is a one-bedroom unit with a large living area. It is fully furnished and decorated in a modern style. Residents have access to a variety of amenities. The pool is lovely, with a view of the city. There is a gym, a garden, parking lots, etc. The receptionist is exceptionally helpful. It is an excellent choice for anyone looking for a condo in the Sukhumvit area.
    Bangkok
    Khlong Toei Nuea

    Neighborhood Overview

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