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    2 Bedroom Condo for sale at The Address Siam
    Thanon Phaya Thai, Ratchathewi,Bangkok
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    Sale Price
    £179,000
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    2 Bedroom Condo for sale at The Address Siam

     (Write Review)
    Thanon Phaya Thai, Ratchathewi,Bangkok
    Unit ID: U37034
    4% Rental Yield
    Tenant-Occupied until Aug 5, 2025
    2 Bedrooms
    1 Bathroom
    58.50 SqM Size
    18 Floor
    Dec 2007 Completed
     (Write Review)
    Sale Price
    £179,000
    19

    About This Condo

    This property is a 58.50 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Thanon Phaya Thai, Bangkok and was completed in Dec 2007. You can buy this condo for a base price of £179,000 (£3,060/SqM) and it is also available for long term rentals starting from £639 per month.

    Features

    BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Sep 20, 2022
    Updated 2 weeks ago
    Property Type Condo
    Floor 18
    Bedrooms 2
    Size 58.50 SqM
    Price per SqM £3,060
    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
    Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
    Negotiable
    View(s) City View, Unblocked Open View
    Unit Type FW-282
    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.
    £53/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U37034

    Investment Opportunity: Charges & Yield

    Sale Price
    £179,000
    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.
    £53/mo
    Rent
    £639/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: The Address Siam
    Developer: AP (Thailand)
    Construction: Completed (Dec 2007)
    Floors: 24
    Buildings: N/A
    Units: 238
    Project Area: N/A
    Nearest Landmark Ratchathewi BTS - 0.3 Km
    Location: Thanon Phaya Thai, Bangkok
    The Address Siam 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
    Sauna Sauna

    Available Units at The Address Siam

    For Sale 2 For Rent 15
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Address Siam
    View All (2)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at The Address Siam 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 £53 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.
    Ratchathewi BTS is the nearest BTS Station from The Address Siam 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 The Address Siam 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
    Thanon Phaya Thai

    Neighborhood Overview

    Location and Neighborhood

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    Baan Klang Krung Siam-Pathumwan
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    Number of units
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    Number of units
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    Monthly Rentals
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    Location
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    Number of units
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    Sales Prices
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    Number of units
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    Year Built
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    Completion Status
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Project Name
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    Location
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    Number of units
    744
    Sales Prices
    £208K - £349K
    ▲ 34% overpriced
    Monthly Rentals
    £411 - £1.14K
    Year Built
    Dec 2008
    Completion Status
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