Studio Condo for sale at HI Sukhumvit 93

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Bang Chak, Phra Khanong,Bangkok
Unit ID: U1967720
5% Rental Yield
Studio Bedroom
1 Bathroom
29.34 SqM Size
6 Floor
Jul 2020 Completed

About This Condo

This property is a 29.34 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Bang Chak, Bangkok and was completed in Jul 2020. You can buy this condo for a base price of £44,000 (£1,500/SqM) and it is also available for long term rentals starting from £197 per month.

Features

Pool AccessPool Access MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 12, 2024
Updated 1 month ago
Property Type Condo
Floor 6
Bedroom Studio
Size 29.34 SqM
Price per SqM £1,500
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) N/A
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.
£31/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1967720

Investment Opportunity: Charges & Yield

Sale Price
£44,000
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.
£31/mo
Rent
£197/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.
19
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.
5%

Project Details

Project Name: HI Sukhumvit 93
Developer: Utility Real Estate
Construction: Completed (Jul 2020)
Floors: 8
Buildings: 3
Units: 401
Project Area: 3,200 SqM
Nearest Landmark Bang Chak BTS - 1.1 Km
Location: Bang Chak, Bangkok
HI Sukhumvit 93 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
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Communal Garden Area Communal Garden Area
Key card access Key card access
Shuttle Bus Shuttle Bus

Available Units at HI Sukhumvit 93

For Sale 2 For Rent 3
Get notified when new homes are being added to HI Sukhumvit 93
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Frequently Asked Questions

No pets are allowed at HI Sukhumvit 93 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 £31 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 HI Sukhumvit 93 the required payment for the sinking fund is £14 per square meter based on the size of the indoor area of the property.
Bang Chak BTS is the nearest BTS Station from HI Sukhumvit 93 and it is 1.1 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 HI Sukhumvit 93 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
Bang Chak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby HI Sukhumvit 93

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Year Built
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Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
N/A
Sales Prices
£39.1K
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
604
Sales Prices
£45.9K - £69.5K
Monthly Rentals
N/A
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Off Plan
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Suan Luang, Phra Khanong, Bangkok
Number of units
N/A
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£35.9K
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Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
195
Sales Prices
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Year Built
Dec 2011
Completion Status
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Location
Bang Chak, Phra Khanong, Bangkok
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Sales Prices
£36.8K - £83.3K
▲ 1% overpriced
Monthly Rentals
£162 - £370
Year Built
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Completion Status
Completed
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Location
Suan Luang, Phra Khanong, Bangkok
Number of units
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Sales Prices
£47.4K - £69.4K
▲ 13% overpriced
Monthly Rentals
£220
Year Built
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Completion Status
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Location
Bang Chak, Phra Khanong, Bangkok
Number of units
425
Sales Prices
£64.8K - £76.3K
Monthly Rentals
£278 - £347
Year Built
Dec 2021
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
368
Sales Prices
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£150 - £208
Year Built
Jan 2013
Completion Status
Completed
Location
Bang Chak, Phra Khanong, Bangkok
Number of units
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Sales Prices
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▼ -19% underpriced
Monthly Rentals
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Completed
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Monthly Rentals
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