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    2 Bedroom Condo for sale at Motif Condo Sathorn - Wongwian yai
    Bang Yi Ruea, Thon Buri,Bangkok
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    Sale Price
    ฿4,150,000
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    2 Bedroom Condo for sale at Motif Condo Sathorn - Wongwian yai

     (Write Review)
    Bang Yi Ruea, Thon Buri,Bangkok
    Unit ID: U1412394
    5% Rental Yield
    Tenant-Occupied until Mar 31, 2025
    2 Bedrooms
    1 Bathroom
    51 SqM Size
    10 Floor
    Jan 2014 Completed
     (Write Review)
    Sale Price
    ฿4,150,000
    9

    About This Condo

    This property is a 51 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Bang Yi Ruea, Bangkok and was completed in Jan 2014. You can buy this condo for a base price of ฿4,150,000 (฿81,373/SqM) and it is also available for long term rentals starting from ฿17,000 per month.

    Features

    Corner UnitCorner Unit BalconyBalcony MicrowaveMicrowave

    Basic Information

    Date Listed May 23, 2023
    Updated 5 months ago
    Property Type Condo
    Floor 10
    Bedrooms 2
    Size 51 SqM
    Price per SqM ฿81,373
    Pets N/A
    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%.

    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) City View
    Unit Type N/A
    Building Building 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.
    ฿1,785/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1412394

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿4,150,000
    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.
    ฿1,785/mo
    Rent
    ฿17,000/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.
    20
    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.
    5%

    Project Details

    Project Name: Motif Condo Sathorn - Wongwian yai
    Developer: Santi Chok Co., Ltd.
    Construction: Completed (Jan 2014)
    Floors: 23
    Buildings: N/A
    Units: 386
    Project Area: N/A
    Nearest Landmark Pho Nimit BTS - 0.9 Km
    Location: Bang Yi Ruea, Bangkok
    Motif Condo Sathorn - Wongwian yai 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
    Sauna Sauna

    Available Units at Motif Condo Sathorn - Wongwian yai

    For Sale 2 For Rent 2
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Motif Condo Sathorn - Wongwian yai
    View All (2)

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    Frequently Asked Questions

    The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿1,785 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 Motif Condo Sathorn - Wongwian yai the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
    Pho Nimit BTS is the nearest BTS Station from Motif Condo Sathorn - Wongwian yai and it is 0.9 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 Motif Condo Sathorn - Wongwian yai 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

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    Bang Yi Ruea

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