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    2 Bedroom Penthouse for sale at Fair Tower
    Phra Khanong, Khlong Toei,Bangkok
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    Sale Price
    ฿7,350,000
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    2 Bedroom Penthouse for sale at Fair Tower

     (Write Review)
    Phra Khanong, Khlong Toei,Bangkok
    Unit ID: U1641192
    5% Rental Yield
    2 Bedrooms
    2 Bathrooms
    113 SqM Size
    12 Floor
    May 1991 Completed
     (Write Review)
    Sale Price
    ฿7,350,000
    5

    About This Penthouse

    This property is a 113 SqM penthouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Phra Khanong, Bangkok and was completed in May 1991. You can buy this penthouse for a base price of ฿7,350,000 (฿65,044/SqM) and it is also available for long term rentals starting from ฿29,500 per month.

    Sell/Rent Condo - Penthouse "Fair Tower", Sukhumvit 50

    12th Fl.  2 floor plans Penthouse, 113 sqm., nice environment & view, unfurnished Good Location; near BTS sky train, Lotus Super Market On-Nuch, and express way. Very convenience. 

    Features

    BalconyBalcony

    Basic Information

    Date Listed Aug 18, 2023
    Updated 4 weeks ago
    Property Type Penthouse
    Floor 12
    Bedrooms 2
    Size 113 SqM
    Price per SqM ฿65,044
    Pets Not Allowed
    Penthouse 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
    Unfurnished
    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.
    ฿3,000/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1641192

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿7,350,000
    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.
    ฿3,000/mo
    Rent
    ฿29,500/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.
    21
    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: Fair Tower
    Developer: N/A
    Construction: Completed (May 1991)
    Floors: 12
    Buildings: N/A
    Units: 140
    Project Area: N/A
    Nearest Landmark On Nut BTS - 0.5 Km
    Location: Phra Khanong, Bangkok
    Fair Tower Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Back Up Generators Back Up Generators
    Key card access Key card access
    Access to BTS/MRT Access to BTS/MRT

    Available Units at Fair Tower

    For Sale 2 For Rent 3
    • All
    • 2 Beds
    Get notified when new homes are being added to Fair Tower
    View All (2)

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    Frequently Asked Questions

    No pets are allowed at Fair Tower unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    On Nut BTS is the nearest BTS Station from Fair Tower and it is 0.5 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 Fair Tower 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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    Bangkok
    Phra Khanong

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