2 Bedroom Condo for sale at Lake Avenue Sukhumvit 16

(6 Reviews)
Khlong Toei, Khlong Toei,Bangkok
Unit ID: U1940085
4% Rental Yield
2 Bedrooms
2 Bathrooms
123 SqM Size
27 Floor
Jun 1985 Completed

About This Condo

This property is a 123 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Khlong Toei, Bangkok and was completed in Jun 1985. You can buy this condo for a base price of £437,000 (£3,560/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Sep 26, 2024
Updated 1 month ago
Property Type Condo
Floor 27
Bedrooms 2
Size 123 SqM
Price per SqM £3,560
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 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.
£142/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1940085

Investment Opportunity: Charges & Yield

Sale Price
£437,000
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.
£142/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.
24
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 2 bedroom condos at Lake Avenue Sukhumvit 16, and the current sales price.
4%

Project Details

Project Name: Lake Avenue Sukhumvit 16
Developer: Lake Avenue
Construction: Completed (Jun 1985)
Floors: 30
Buildings: 1
Units: 160
Project Area: 4,856 SqM
Nearest Landmark Asok BTS - 0.6 Km
Location: Khlong Toei, Bangkok
Lake Avenue Sukhumvit 16 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
Back Up Generators Back Up Generators

Popular Facilities at Lake Avenue Sukhumvit 16

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor

Available Units at Lake Avenue Sukhumvit 16

For Sale 7 For Rent 11
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Frequently Asked Questions

No pets are allowed at Lake Avenue Sukhumvit 16 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 £142 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.
Asok BTS is the nearest BTS Station from Lake Avenue Sukhumvit 16 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 Lake Avenue Sukhumvit 16 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

3.9 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good location, easy to travel
Karren Laughton, Germany, 5 years ago
Good location with easily accessible !! The common area is clean, and the atmosphere is tranquil, perfect for relaxing and easy to find car parking. The room interior is large, spacious, and complete with in-room facilities, overlooking the beautiful view from the room. It's wonderful at night, enjoy the colorful lights of Bangkok city without getting bored!
Excellent location, old building
Melita Rustad, Norway, 5 years ago
The outside and inside of the building is a different world. The exterior is quite old, but the interior room has been massively renovated and fully furnished with modern decoration. The spacious room is with a big balcony. The lobby area is decorated in a very vintage style, both furniture and architecture. There are a swimming pool and a small fitness center. I like the parking lot of the condo, which is ample. And the location is excellent; travel is convenient, close to the Asoke Intersection.
It is the most impressive accommodation for our family and me.
Ashly Grand, Spain, 5 years ago
It is the most impressive accommodation for our family and me. The service staff was friendly and helpful. A swimming pool is clean, and the common area looks shady. The room my family rented is elegantly decorated. The quality of the furniture is high. It is a room with two large bedrooms at a decent size, suitable for 4-5 people. The location is perfect, close to Asoke BTS, Sukhumvit MRT, and Terminal 21 as well. Great place, I am familiar with the area.
Old condo with good maintenance
Meghan J., South Africa, 6 years ago
I work at Interchange 21 building, and I choose to stay here because it's convenient to travel and reasonably priced. The location is crowded with many shops nearby, which you don't have to worry about finding food. The condo is near Asoke BTS, easy and convenient to travel to many places. Even though the outside is crowded, the inside is pretty quiet and safe. The building is ancient, but it has excellent maintenance. There are not many facilities here, only a swimming pool, fitness room, and car parking. Some people may think that the rental price is expensive, but I think it's okay because this area is quite expensive. Overall, I think it's okay. It's old, but it has been renovated regularly.
It is close to my workplace.
Lynn R., Thailand, 6 years ago
I have been staying here for almost 2 months because it is close to my workplace and is in a great location where Asok BTS is just a 7-minute walk and very close to shops, restaurants, which is very convenient; however, there will be a lot of people and chaos in the morning, but I think I will get used to it soon. My room is very spacious. It has a 1 bedroom which is beautifully decorated. The bathroom also comes with marble bathroom decor, very nice. The furniture is very modern. The common area here is clean, very well taken care of by the staff. The pool is an excellent place for relaxing as it is an outdoor one, but the gym has only a few exercise equipment. It is considered reasonable to rent this place. It is very nice!
Complete facilities and well maintained
Chloe Schmit, Germany, 7 years ago
The old condo, but the building is still really nice-very convenient location, close to Asok BTS station. Nice pool. The room is quite spacious and comes with a big balcony, facing a great city view. Complete facilities provided; 24-hour security, CCTV system, and easy to find parking lots.
Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lake Avenue Sukhumvit 16

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
Fairview Tower
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
54
Sales Prices
£481K - £1.62M
Monthly Rentals
£6.94K
Year Built
Dec 1992
Completion Status
Completed
Project Name
Ocean Tower 1
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
N/A
Sales Prices
£972K - £997K
Monthly Rentals
£3.38K
Year Built
Jan 1988
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
N/A
Sales Prices
£833K
Monthly Rentals
N/A
Year Built
Jun 2000
Completion Status
Completed
Project Name
The Prime Suites
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
1995
Sales Prices
£92.6K
Monthly Rentals
£278 - £671
Year Built
Dec 1994
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
N/A
Sales Prices
£578K
▼ -39% underpriced
Monthly Rentals
£2.06K - £10.4K
Year Built
Jan 1992
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
604
Sales Prices
£289K - £3.47M
▼ -9.3% underpriced
Monthly Rentals
£810 - £8.1K
Year Built
Dec 2009
Completion Status
Completed
Project Name
The Lakes
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
165
Sales Prices
£369K - £1.43M
▼ -4.3% underpriced
Monthly Rentals
£879 - £3.7K
Year Built
Dec 2003
Completion Status
Completed
Project Name
Domus
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
109
Sales Prices
£657K - £1.87M
▲ 6% overpriced
Monthly Rentals
£1.41K - £3.93K
Year Built
Dec 2005
Completion Status
Completed
Project Name
Windsor Tower
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
50
Sales Prices
£1.21M
Monthly Rentals
£1.39K - £1.62K
Year Built
Jan 1996
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
192
Sales Prices
£238K - £972K
▼ -9% underpriced
Monthly Rentals
£463 - £3.01K
Year Built
Dec 2004
Completion Status
Completed
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