1 Bedroom Condo for sale at Siamese Sukhumvit 87

(1 Review)
Bang Chak, Phra Khanong,Bangkok
Unit ID: U1867642
5% Rental Yield
Tenant-Occupied until Jul 1, 2025
1 Bedroom
1 Bathroom
40 SqM Size
9 Floor
Feb 2021 Completed

About This Condo

This property is a 40 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Chak, Bangkok and was completed in Feb 2021. You can buy this condo for a base price of £132,000 (£3,300/SqM) and it is also available for long term rentals starting from £580 per month.

Features

BalconyBalcony Washing MachineWashing Machine TVTV

Basic Information

Date Listed Jun 13, 2024
Updated 5 months ago
Property Type Condo
Floor 9
Bedroom 1
Size 40 SqM
Price per SqM £3,300
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
Unit Type N/A
Building Siamese Sukhumvit 87
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.
£56/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1867642

Investment Opportunity: Charges & Yield

Sale Price
£132,000
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.
£56/mo
Rent
£580/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.
19
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: Siamese Sukhumvit 87
Construction: Completed (Feb 2021)
Floors: 25
Buildings: 1
Units: 372
Project Area: 1,600 SqM
Nearest Landmark On Nut BTS - 0.6 Km
Location: Bang Chak, Bangkok
Siamese Sukhumvit 87 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Popular Facilities at Siamese Sukhumvit 87

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • Yoga Area
    1st Floor

Available Units at Siamese Sukhumvit 87

For Sale 4 For Rent 9
Get notified when new homes are being added to Siamese Sukhumvit 87
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Frequently Asked Questions

No pets are allowed at Siamese Sukhumvit 87 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 £56 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 Siamese Sukhumvit 87 the required payment for the sinking fund is £14 per square meter based on the size of the indoor area of the property.
On Nut BTS is the nearest BTS Station from Siamese Sukhumvit 87 and it is 0.6 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 Siamese Sukhumvit 87 you have to follow these steps:

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

 


FQ
Installment Milestone Payment
Reservation Deposit
Immediately
£1,160
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%
TQ
Installment Milestone Payment
Reservation Deposit
Immediately
£232
1st Installment
Upon contract signing
£1,160
2nd Installment
On handover
100%

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

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Loft units - double ceiling height
Marciano brewster, Netherlands, Visitor, 4 years ago
Lofts are definitely in trend, and have a functional layout. Due to the high ceiling (4.2m) the units feel very spacious regardless of their floor size. Clever storage opportunities and the kitchen can be separated from the living room with a sliding door.
Bangkok
Bang Chak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Siamese Sukhumvit 87

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Blue Sukhumvit 89
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
328
Sales Prices
£76.1K - £122K
Monthly Rentals
£290 - £325
Year Built
Mar 2024
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
634
Sales Prices
£36.9K - £115K
Monthly Rentals
£162 - £417
Year Built
Dec 2013
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
940
Sales Prices
£61.8K - £232K
▼ -7.3% underpriced
Monthly Rentals
£232 - £1.27K
Year Built
Dec 2013
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
487
Sales Prices
£80.9K - £109K
▼ -5% underpriced
Monthly Rentals
£278 - £464
Year Built
Dec 2019
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
146
Sales Prices
£55.4K - £81.1K
▲ 29% overpriced
Monthly Rentals
£209 - £580
Year Built
Dec 2008
Completion Status
Completed
Project Name
Ideo Sukhumvit 93
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
1332
Sales Prices
£73.9K - £241K
▼ -9.2% underpriced
Monthly Rentals
£232 - £36.5K
Year Built
Dec 2018
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
195
Sales Prices
£30.8K - £34.8K
Monthly Rentals
£232
Year Built
Dec 2011
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
368
Sales Prices
£42.9K
Monthly Rentals
£151 - £209
Year Built
Jan 2013
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
93
Sales Prices
£109K
▼ -32% underpriced
Monthly Rentals
£348 - £510
Year Built
Jan 2012
Completion Status
Completed
Location
Phra Khanong, Phra Khanong, Bangkok
Number of units
358
Sales Prices
£59.7K - £167K
▲ 10% overpriced
Monthly Rentals
£313 - £626
Year Built
Dec 2012
Completion Status
Completed
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