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    1 Bedroom Condo for sale at The Teak Sathorn-Lumpini
    Chong Nonsi, Yan Nawa,Bangkok
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    Sale Price
    £120,000 £124,000
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    1 Bedroom Condo for sale at The Teak Sathorn-Lumpini

    (1 Review)
    Chong Nonsi, Yan Nawa,Bangkok
    Unit ID: U79901
    5% Rental Yield
    1 Bedroom
    1 Bathroom
    34 SqM Size
    2 Floor
    Nov 2019 Completed
    (1 Review)
    Sale Price
    £120,000
    £124,000
    Good Price Good Price
    13

    About This Condo

    This property is a 34 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chong Nonsi, Bangkok and was completed in Nov 2019. You can buy this condo for a base price of £120,000 (£3,540/SqM).

    A Grand Bargain: 34m² Condo in Bangkok's Finest District

    For a grand bargain price, you can be the proud owner of this stunning condo. Located in the prestigious Teak Sathorn-Lumpini project in the heart of Bangkok, this 34-square-meter property has a lot to offer. The building project was completed in November 2019, and it has clearly been outfitted to the highest level. With modern, refined furnishing and high-quality finishes, you can be sure that this condo will be the envy of your friends. It includes one bedroom and one bathroom for the discerning occupant, and capitalizes on the amazing city views at this location. Because it comes at such a great price of ฿151,765 per square meter, you can rest easy knowing that you'll be getting one of the best deals in the Chao Phraya riverfront area. If you are seeking a convenient and attractive investment, then you won't find a better deal than this. It is an opportunity too good to pass up, and you will have no regrets when you become the proud owner of this beautiful condo in one of Bangkok's finest areas. Inquiry now to act while this offer is still available!

    Features

    BalconyBalcony

    Basic Information

    Date Listed Jul 25, 2018
    Updated 4 years ago
    Property Type Condo
    Floor 2
    Bedroom 1
    Size 34 SqM
    Price per SqM £3,540
    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%.

    Foreign Quota, 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 1BR
    Building N/A
    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.
    £44/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U79901

    Investment Opportunity: Charges & Yield

    Sale Price
    £120,000
    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.
    £44/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.
    21
    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 Teak Sathorn-Lumpini, and the current sales price.
    5%

    Project Details

    Project Name: The Teak Sathorn-Lumpini
    Developer: LKH Development Co ., Ltd.
    Construction: Completed (Nov 2019)
    Floors: 8
    Buildings: N/A
    Units: 78
    Project Area: N/A
    Nearest Landmark Khlong Toei MRT - 1 Km
    Location: Chong Nonsi, Bangkok
    The Teak Sathorn-Lumpini 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

    Available Units at The Teak Sathorn-Lumpini

    For Sale 18 For Rent 11
    • All
    • 1 Bed
    • 2 Beds
    Available Units at The Teak Sathorn-Lumpini
    £90,800
    £2,850/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 31.85 SqM Size
    Floor 7 Floor
    Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £90,800
    £3,030/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 29.93 SqM Size
    Floor 7 Floor
    Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £118,000£122,000
    £3,650/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 32.35 SqM Size
    Floor 4 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £123,000£126,000
    £3,870/SqM
    Beds 2 Beds
    Baths 1 Baths
    Size 31.72 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £120,000£124,000
    £3,540/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 34 SqM Size
    Floor 2 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £125,000£128,000
    £3,930/SqM
    Beds 2 Beds
    Baths 1 Baths
    Size 31.72 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £121,000£125,000
    £3,820/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 31.72 SqM Size
    Floor 6 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £125,000£128,000
    £3,930/SqM
    Beds 2 Beds
    Baths 1 Baths
    Size 31.72 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £122,000£125,000
    £3,760/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 32.35 SqM Size
    Floor 6 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £122,000£126,000
    £3,600/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 34 SqM Size
    Floor 3 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £123,000£126,000
    £3,870/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 31.72 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £123,000£126,000
    £3,870/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 31.72 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £123,000£127,000
    £3,820/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 32.35 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £125,000£128,000
    £3,930/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 31.72 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £125,000£128,000
    £3,930/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 31.72 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £125,000£129,000
    £3,870/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 32.35 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £132,000£135,000
    £3,870/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 34 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Teak Sathorn-Lumpini
    £133,000£137,000
    £3,930/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 34 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished City View
    Get notified when new homes are being added to The Teak Sathorn-Lumpini
    View All (18)

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    Frequently Asked Questions

    The common area maintenance fee is £1 per square meter based on the size of indoor area of the property and is £44 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 Teak Sathorn-Lumpini the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
    Khlong Toei MRT is the nearest MRT Station from The Teak Sathorn-Lumpini and it is 1 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 Teak Sathorn-Lumpini 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

    4.8 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Livable condo close to Khlong Toei MRT station
    Elizabeth Petrova, Russia, 5 years ago
    I decided to rent the 1 bedroom unit here because it is brand new (the condo has only been open for two years). I am very impressed with the project's location. It is close to the Khlong Toei MRT station and shopping malls. Besides, the project's building is very new and modern, making it ideal for the younger generation. The room is lovely, fully furnished with a kitchen set, loose furniture, air conditioning, etc. Moreover, the project's facilities are perfect for the new generation, such as a rooftop swimming pool with a poolside seating area, gym, garden, and keycard access system. Overall, it's a good place to stay and an excellent place to buy for speculative purposes.
    Bangkok
    Chong Nonsi

    Neighborhood Overview

    Location and Neighborhood

    Street View

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