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    Studio Condo for sale at Happy Place Tower
    Phra Khanong Nuea, Watthana,Bangkok
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    Sale Price
    £41,300
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    Studio Condo for sale at Happy Place Tower

     (Write Review)
    Phra Khanong Nuea, Watthana,Bangkok
    Unit ID: U1960731
    6% Rental Yield
    Tenant-Occupied until Jan 31, 2025
    Studio Bedroom
    1 Bathroom
    30 SqM Size
    3 Floor
    Dec 1997 Completed
     (Write Review)
    Sale Price
    £41,300
    8

    About This Condo

    This property is a 30 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Phra Khanong Nuea, Bangkok and was completed in Dec 1997. You can buy this condo for a base price of £41,300 (£1,380/SqM).

    Studio Condo for sale at Happy Place Tower

    Newly renovated studio in a condominium building in Phra Khanong. The unit is spacios with big windows and equipped with a build-in pantry, AC, and hot water shower. It is situated within the walking distance from BTS Phra Khanong.

    Features

    BalconyBalcony

    Basic Information

    Date Listed Nov 1, 2024
    Updated 1 month ago
    Property Type Condo
    Floor 3
    Bedroom Studio
    Size 30 SqM
    Price per SqM £1,380
    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
    Unfurnished
    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.
    £24/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1960731

    Investment Opportunity: Charges & Yield

    Sale Price
    £41,300
    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.
    17
    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 studio condos at Happy Place Tower, and the current sales price.
    6%

    Project Details

    Project Name: Happy Place Tower
    Developer: N/A
    Construction: Completed (Dec 1997)
    Floors: 12
    Buildings: N/A
    Units: 210
    Project Area: N/A
    Nearest Landmark Phra Khanong BTS - 0.4 Km
    Location: Phra Khanong Nuea, Bangkok
    Happy Place Tower 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
    Key card access Key card access

    Available Units at Happy Place Tower

    For Sale 3 For Rent 1
    • All
    • Studio
    • 2 Beds
    Get notified when new homes are being added to Happy Place Tower
    View All (3)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Happy Place Tower 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.
    Phra Khanong BTS is the nearest BTS Station from Happy Place Tower and it is 0.4 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 Happy Place Tower 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

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    Bangkok
    Phra Khanong Nuea

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    Location and Neighborhood

    Street View

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