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    1 Bedroom Condo for sale at Life Asoke Hype
    Makkasan, Ratchathewi,Bangkok
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    Sale Price
    £119,000
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    1 Bedroom Condo for sale at Life Asoke Hype

     (Write Review)
    Makkasan, Ratchathewi,Bangkok
    Unit ID: U1883880
    6% Rental Yield
    Tenant-Occupied until Jan 1, 2025
    1 Bedroom
    1 Bathroom
    32 SqM Size
    13 Floor
    Jul 2021 Completed
     (Write Review)
    Sale Price
    £119,000
    7

    About This Condo

    This property is a 32 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Makkasan, Bangkok and was completed in Jul 2021. You can buy this condo for a base price of £119,000 (£3,720/SqM) and it is also available for long term rentals starting from £550 per month.

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Jun 28, 2024
    Updated 4 months ago
    Property Type Condo
    Floor 13
    Bedroom 1
    Size 32 SqM
    Price per SqM £3,720
    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, Leasehold
    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 Life Asoke Hype
    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.
    £37/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1883880

    Investment Opportunity: Charges & Yield

    Sale Price
    £119,000
    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.
    £37/mo
    Rent
    £550/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.
    18
    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.
    6%

    Project Details

    Project Name: Life Asoke Hype
    Developer: AP (Thailand)
    Construction: Completed (Jul 2021)
    Floors: 40
    Buildings: 1
    Units: 1253
    Project Area: 1,600 SqM
    Nearest Landmark Makkasan ARL - 0.4 Km
    Location: Makkasan, Bangkok
    Life Asoke Hype Project Details

    Project Features

    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Lounge Lounge
    Communal Garden Area Communal Garden Area

    Popular Facilities at Life Asoke Hype

    • All
    • Fitness
    • Leisure
    • Convenience
    6
    • Communal Pool
      7th Floor
    • Communal Garden Area
      7th Floor
    • Communal Gym
      7th Floor
    • Lounge
      7th Floor
    • Reception / Lobby Area
      1st Floor

    Available Units at Life Asoke Hype

    For Sale 16 For Rent 123
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Available Units at Life Asoke Hype
    £135,000
    £3,760/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 36 SqM Size
    Floor 26 Floor
    Thai Quota Fully Furnished City View
    Updated 2 weeks ago
    Available Units at Life Asoke Hype
    £138,000
    £4,300/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 32 SqM Size
    Floor 18 Floor
    Foreign Quota Fully Furnished City View
    Updated 1 week ago
    Available Units at Life Asoke Hype
    £126,000
    £3,600/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 35 SqM Size
    Floor 27 Floor
    Foreign Quota Fully Furnished Skyline View
    Updated 1 week ago
    Available Units at Life Asoke Hype
    £119,000
    £3,360/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 35.50 SqM Size
    Floor 27 Floor
    Foreign Quota Fully Furnished Skyline View
    Updated 2 weeks ago
    Available Units at Life Asoke Hype
    £96,300
    £3,120/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 30.83 SqM Size
    Floor 9 Floor
    Fully Furnished City View
    Updated 1 month ago
    Available Units at Life Asoke Hype
    £399,000
    £4,030/SqM
    Beds 2 Beds
    Baths 3 Baths
    Size 99 SqM Size
    Floor 27 Floor
    Foreign Quota Fully Furnished Skyline View
    Updated 2 weeks ago
    Available Units at Life Asoke Hype
    £101,000
    £3,900/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 26 SqM Size
    Floor 24 Floor
    Thai Quota Fully Furnished City View
    Updated 1 month ago
    Available Units at Life Asoke Hype
    £99,300
    £3,200/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 31 SqM Size
    Floor 32 Floor
    Thai Quota Fully Furnished Park View
    Updated 1 month ago
    Available Units at Life Asoke Hype
    £140,000
    £3,880/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 36 SqM Size
    Floor 31 Floor
    Thai Quota Partly Furnished City View
    Available Units at Life Asoke Hype
    £119,000
    £3,720/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 32 SqM Size
    Floor 13 Floor
    Thai Quota Fully Furnished City View
    Available Units at Life Asoke Hype
    £89,200
    £3,630/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 24.55 SqM Size
    Floor 12 Floor
    Thai Quota Unfurnished City View
    Available Units at Life Asoke Hype
    £193,000
    £4,010/SqM
    Beds 2 Beds
    Baths 1 Baths
    Size 48 SqM Size
    Floor 23 Floor
    Foreign Quota Fully Furnished Unblocked Open View
    Available Units at Life Asoke Hype
    £125,000
    £3,470/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 36.01 SqM Size
    Floor 14 Floor
    Thai Quota Fully Furnished City View
    Available Units at Life Asoke Hype
    £121,000£124,000
    £3,420/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 35.50 SqM Size
    Floor 9 Floor
    Thai Quota Fully Furnished City View
    Available Units at Life Asoke Hype
    £142,000
    £4,060/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 35 SqM Size
    Floor 35 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Life Asoke Hype
    £206,000
    £4,130/SqM
    Beds 2 Beds
    Baths 1 Baths
    Size 50 SqM Size
    Floor 27 Floor
    Fully Furnished City View
    Get notified when new homes are being added to Life Asoke Hype
    View All (16)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Life Asoke Hype 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 £1 per square meter based on the size of indoor area of the property and is £37 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 Life Asoke Hype the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
    Makkasan ARL is the nearest Airport Rail Link Station from Life Asoke Hype 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 Life Asoke Hype you have to follow these steps:

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

     


    Payment terms
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £2,290
    1st Installment
    Upon contract signing
    5%
    2nd Installment
    On handover
    95%

    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
    Makkasan

    Neighborhood Overview

    Location and Neighborhood

    Street View

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