1 Bedroom Condo for sale at The Iris

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Suan Luang, Suan Luang,Bangkok
Unit ID: U1955931
6% Rental Yield
1 Bedroom
1 Bathroom
42 SqM Size
1 Floor
Jan 2009 Completed

About This Condo

This property is a 42 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Jan 2009. You can buy this condo for a base price of £34,000 (£810/SqM).

1 Bedroom Condo for sale at The Iris

โครงการ ดิ ไอริช อาคารบี  1.49ล้าน  ชั้น1 /มีสวนส่วนระเบียง/ วิวติดสระว่าย -42 ตรม. - ใกล้ห้าง,โรงพยาบาล,มหาวิทยาลัย -8 นาทีสุวรรณภูมิ -รถไฟฟ้าสายสีเหลือง - สภาพห้องพร้อมเข้าอยู่ได้เลย

Features

Pool AccessPool Access

Basic Information

Date Listed Oct 27, 2024
Updated 5 days ago
Property Type Condo
Floor 1
Bedroom 1
Size 42 SqM
Price per SqM £810
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%.

N/A
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) N/A
Unit Type N/A
Building Building B
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.
£24/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1955931

Investment Opportunity: Charges & Yield

Sale Price
£34,000
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.
£24/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.
15
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at The Iris, and the current sales price.
6%

Project Details

Project Name: The Iris
Developer: Iris Group
Construction: Completed (Jan 2009)
Floors: 8
Buildings: 8
Units: 1152
Project Area: 20,309 SqM
Nearest Landmark Hua Mak ARL - 0.7 Km
Location: Suan Luang, Bangkok
The Iris Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at The Iris

For Sale 5 For Rent 3
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Frequently Asked Questions

No pets are allowed at The Iris 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 £24 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 The Iris the required payment for the sinking fund is £7 per square meter based on the size of the indoor area of the property.
Hua Mak ARL is the nearest Airport Rail Link Station from The Iris and it is 0.7 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 Iris 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
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Iris

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
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1152
Sales Prices
£34K - £91.3K
Monthly Rentals
£205 - £411
Year Built
Dec 2008
Completion Status
Completed
Location
Hua Mak, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
£97.5K - £114K
Monthly Rentals
£545 - £636
Year Built
Jan 2008
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
296
Sales Prices
£28.4K - £35.2K
▼ -33% underpriced
Monthly Rentals
£159 - £170
Year Built
Dec 2011
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
558
Sales Prices
£89.9K - £139K
Monthly Rentals
£274 - £731
Year Built
Dec 2021
Completion Status
Completed
Project Name
Meloft Rama 9
Location
Suan Luang, Suan Luang, Bangkok
Number of units
6
Sales Prices
£434K - £454K
▼ -50.5% underpriced
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1084
Sales Prices
£62.5K - £95.4K
▲ 15% overpriced
Monthly Rentals
£204 - £523
Year Built
May 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1613
Sales Prices
£52.3K - £76.1K
▲ 31% overpriced
Monthly Rentals
£170 - £341
Year Built
Dec 2014
Completion Status
Completed
Location
Hua Mak, Suan Luang, Bangkok
Number of units
256
Sales Prices
£35.4K - £43.4K
Monthly Rentals
N/A
Year Built
Nov 2017
Completion Status
Completed
Project Name
Park In Town
Location
Suan Luang, Suan Luang, Bangkok
Number of units
16
Sales Prices
£409K
Monthly Rentals
N/A
Year Built
May 2009
Completion Status
Completed
Project Name
Rama IX Residence
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
£753K
Monthly Rentals
N/A
Year Built
Feb 2023
Completion Status
Completed
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