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    1 Bedroom Condo for sale at XVI The Sixteenth Condominium
    Khlong Toei, Khlong Toei,Bangkok
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    Sale Price
    £116,000
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    1 Bedroom Condo for sale at XVI The Sixteenth Condominium

    (1 Review)
    Khlong Toei, Khlong Toei,Bangkok
    Unit ID: U891426
    4% Rental Yield
    Tenant-Occupied until Mar 25, 2025
    1 Bedroom
    1 Bathroom
    40 SqM Size
    8 Floor
    Dec 2010 Completed
    (1 Review)
    Sale Price
    £116,000
    Great Price Great Price
    11

    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 Khlong Toei, Bangkok and was completed in Dec 2010. You can buy this condo for a base price of £116,000 (£2,890/SqM) and it is also available for long term rentals starting from £417 per month.

    Features

    BalconyBalcony Washing MachineWashing Machine TVTV

    Basic Information

    Date Listed May 11, 2021
    Updated 10 months ago
    Property Type Condo
    Floor 8
    Bedroom 1
    Size 40 SqM
    Price per SqM £2,890
    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
    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 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.
    £32/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U891426

    Investment Opportunity: Charges & Yield

    Sale Price
    £116,000
    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.
    £32/mo
    Rent
    £417/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.
    23
    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: XVI The Sixteenth Condominium
    Developer: Alpine Asset Co., Ltd.
    Construction: Completed (Dec 2010)
    Floors: 8
    Buildings: 1
    Units: 76
    Project Area: 924 SqM
    Nearest Landmark Queen Sirikit National Convention Centre MRT - 0.3 Km
    Location: Khlong Toei, Bangkok
    XVI The Sixteenth Condominium 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
    Shuttle Bus Shuttle Bus

    Available Units at XVI The Sixteenth Condominium

    For Sale 10 For Rent 16
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to XVI The Sixteenth Condominium
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    Frequently Asked Questions

    No pets are allowed at XVI The Sixteenth Condominium 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 £32 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.
    Queen Sirikit National Convention Centre MRT is the nearest MRT Station from XVI The Sixteenth Condominium and it is 0.3 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 XVI The Sixteenth Condominium 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

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A private place, close to the shopping center
    Zani Wiriya, Thailand, 7 years ago
    I've rented a 2-bedroom condo here with my friend. The room is spacious, styled in modern, and fully furnished. Since the project has been launched for many years, something may be worn out, such as the paint on the wall on the balcony peeling off, but that's okay. The project is beautifully decorated and provides complete facilities to its residents, including the swimming pool, gym, garden, and shuttle bus service to the nearest MRT station, such an impressive point for me as it's time-saving and convenient. Besides, the location is close to many amenities, such as convenience stores and large shopping malls like Terminal 21. It's such a heaven for shop lovers because of the convenience and closes of the mall.
    Bangkok
    Khlong Toei

    Neighborhood Overview

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