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    3 Bedroom Condo for sale at The Madison
    Khlong Tan Nuea, Watthana,Bangkok
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    Sale Price
    ฿49,000,000
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    3 Bedroom Condo for sale at The Madison

    (1 Review)
    Khlong Tan Nuea, Watthana,Bangkok
    Unit ID: U1123558
    4% Rental Yield
    Tenant-Occupied until Dec 20, 2024
    3 Bedrooms
    3 Bathrooms
    187.67 SqM Size
    29 Floor
    Dec 2006 Completed
    (1 Review)
    Sale Price
    ฿49,000,000
    18

    About This Condo

    This property is a 187.67 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Khlong Tan Nuea, Bangkok and was completed in Dec 2006. You can buy this condo for a base price of ฿49,000,000 (฿261,097/SqM) and it is also available for long term rentals starting from ฿150,000 per month.

    Features

    Maids QuartersMaids Quarters BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Jul 19, 2022
    Updated 3 weeks ago
    Property Type Condo
    Floor 29
    Bedrooms 3
    Size 187.67 SqM
    Price per SqM ฿261,097
    Pets All Kind of Pets 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, Garden View
    Unit Type N/A
    Building The Madison
    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.
    ฿7,507/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1123558

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿49,000,000
    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.
    ฿7,507/mo
    Rent
    ฿150,000/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.
    27
    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

    Project Name: The Madison
    Developer: Rojana Property Co.,Ltd.
    Construction: Completed (Dec 2006)
    Floors: 36
    Buildings: 1
    Units: 151
    Project Area: 3,920 SqM
    Nearest Landmark Phrom Phong BTS - 0.2 Km
    Location: Khlong Tan Nuea, Bangkok
    The Madison Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Sauna Sauna
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at The Madison

    • All
    • Fitness
    • Leisure
    4
    • Communal Pool
      6th Floor
    • Communal Gym
      6th Floor
    • Communal Garden Area
      6th Floor

    Available Units at The Madison

    For Sale 11 For Rent 41
    • All
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to The Madison
    View All (11)

    Loan Calculator

    Frequently Asked Questions

    All kind of pets are allowed at The Madison including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿7,507 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.
    Phrom Phong BTS is the nearest BTS Station from The Madison 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 Madison 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

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Elegant condo with city view, close to the BTS, convenient transportation
    Chantal Montoro, Canada, 9 years ago
    The condo is elegant, located in a good location. It is close to Skytrain station, where it is convenient to go everywhere. It has been built for many years but well-maintained. The building itself and the inside still look new, just a few steps away from the supermarket. More importantly, you can walk to the nearest BTS station, Phrom Phong BTS, only 50 meters. I rented here for the first time, but I made a 6 month contract for a 2-bedroom. I live with a patient care coordinator because I came here to do surgery at a hospital. After 3 months, I will enjoy the countdown moment at the end of the year in Bangkok. The room I rented is quite high, but it is worthwhile compared to convenient travel, location, and complete facilities. A swimming pool and sky garden make me feel relaxed. It is also close to many leading department stores, including EmQuartier, The Emporium, and Terminal 21, making me not lonely anymore.
    Bangkok
    Khlong Tan Nuea

    Neighborhood Overview

    Location and Neighborhood

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