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    Studio Condo for sale at Venio Sukhumvit 10
    Khlong Toei, Khlong Toei,Bangkok
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    Sale Price
    ฿4,490,000
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    Studio Condo for sale at Venio Sukhumvit 10

    (2 Reviews)
    Khlong Toei, Khlong Toei,Bangkok
    Unit ID: U153669
    4% Rental Yield
    Tenant-Occupied until Jun 1, 2025
    Studio Bedroom
    1 Bathroom
    24 SqM Size
    7 Floor
    Dec 2017 Completed
    (2 Reviews)
    Sale Price
    ฿4,490,000
    Good Price Good Price
    10

    About This Condo

    This property is a 24 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Khlong Toei, Bangkok and was completed in Dec 2017. You can buy this condo for a base price of ฿4,490,000 (฿187,083/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

    Basic Information

    Date Listed Oct 9, 2019
    Updated 1 month ago
    Property Type Condo
    Floor 7
    Bedroom Studio
    Size 24 SqM
    Price per SqM ฿187,083
    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, Garden View, Blocked View
    Unit Type N/A
    Building Venio Sukhumvit 10
    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.
    ฿2,160/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U153669

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿4,490,000
    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.
    ฿2,160/mo
    Rent
    ฿15,000/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.
    25
    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: Venio Sukhumvit 10
    Developer: Ananda Development
    Construction: Completed (Dec 2017)
    Floors: 8
    Buildings: 1
    Units: 162
    Project Area: 1,812 SqM
    Nearest Landmark Asok BTS - 0.5 Km
    Location: Khlong Toei, Bangkok
    Venio Sukhumvit 10 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
    Communal Garden Area Communal Garden Area

    Popular Facilities at Venio Sukhumvit 10

    • All
    • Fitness
    • Leisure
    4
    • Communal Pool
      1st Floor
    • Communal Gym
      1st Floor

    Available Units at Venio Sukhumvit 10

    For Sale 10 For Rent 12
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Venio Sukhumvit 10
    View All (10)

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    Frequently Asked Questions

    No pets are allowed at Venio Sukhumvit 10 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 ฿90 per square meter based on the size of indoor area of the property and is ฿2,160 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 Venio Sukhumvit 10 the required payment for the sinking fund is ฿900 per square meter based on the size of the indoor area of the property.
    Asok BTS is the nearest BTS Station from Venio Sukhumvit 10 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 Venio Sukhumvit 10 you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Foreign Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿100,000
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    On handover
    70%
    Thai and Company Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿40,000
    1st Installment
    Upon contract signing
    ฿70,000
    2nd Installment
    30%
    3rd Installment
    On handover
    70%

    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

    3.9 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    In The City Centre, Yet Private
    Verified Visitor, 4 years ago
    If you're looking for a home within Bangkok's Sukhumvit CBD, but still want the privacy, Venio Sukhumvit 10 is the place for you. It's a 6-minute walk to Asoke BTS Station but you'll also get the luxury of neighboring one of Bangkok's largest parks, the Benjakitti Park.
    A beautiful design condo in a good location
    Yaya W., Thailand, 5 years ago
    I bought a one-bedroom condo that was the perfect size for me. I bought this condo because of its proximity to amenities such as Asok BTS Station and Sukhumvit Road. It's also close to a convenience store and shopping centers, which is convenient for everyday life. In addition, the condo has a variety of amenities, such as a pool and a gym. What draws me in is the security system, which is so good that I'm confident it's safe. If you're looking for a condo in Soi Sukhumvit 10, I recommend this one.
    Bangkok
    Khlong Toei

    Neighborhood Overview

    Location and Neighborhood

    Street View

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