1 Bedroom Condo for sale at Urbana Sathorn

(1 Review)
Thung Mahamek, Sathon,Bangkok
Unit ID: U79998
4% Rental Yield
1 Bedroom
1 Bathroom
70 SqM Size
15 Floor
Dec 2006 Completed

About This Condo

This property is a 70 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Urbana Sathorn project in Thung Mahamek, Bangkok and was completed in Dec 2006. You can buy this condo for a base price of ฿9,800,000 (฿140,000/SqM).

Features

Wet BarWet Bar BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Condo
Floor 15
Bedroom 1
Size 70 SqM
Price per SqM ฿140,000
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Thai Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View, Blocked 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.
฿4,200/mo
Listed By
Private Owner
Electricity Price ฿7.00/kWh
Water Price ฿23.00/Cubic Meter
Unit ID U79998

Price Analysis

Great Price
Estimated market value ฿12,524,041
Great
฿10,900,000
Good
Fair
Above
฿12,000,000
Current asking Price: ฿9,800,000 | Rental estimate: ฿34,700/mo
This condo is ฿2,724,041 BELOW MARKET (-22%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

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.
฿4,200/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 1 bedroom condos at Urbana Sathorn, and the current sales price.
4%

Project Details

Project Name: Urbana Sathorn
Developer: Urbana Estate
Construction: Completed (Dec 2006)
Floors: 35
Buildings: 1
Units: 242
Project Area: N/A
Nearest Landmark Sala Daeng BTS - 0.6 Km
Location: Thung Mahamek, Bangkok
Urbana Sathorn Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna

Popular Facilities at Urbana Sathorn

  • Communal Gym
    Ground Floor
  • Communal Pool
    Rooftop
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Available Units at Urbana Sathorn

For Sale 7 For Rent 19
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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Urbana Sathorn.
The common area maintenance fee is ฿60 per square meter based on the size of indoor area of the property and is ฿4,200 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 Urbana Sathorn the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Sala Daeng BTS is the nearest BTS Station from Urbana Sathorn 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 Urbana Sathorn 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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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
I'm very impressed with the 5-Star service
Emma Kim, South Korea, 5 years ago
My first stay in this condo was temporary for 2 weeks while the company was allocating the accommodation for me. Finally, I asked the company to offer the rental fees for this place as I'm impressed by the service they gave me. The project is serviced-condominium, and some units are launched for daily rental. So, the staff here are well trained, and the service is comparable to 5-star hotels. They are very friendly. The lobby hall is well designed in a tropical style, making it feel like going to another province.The room is okay with a fully functional area; there is a kitchen, living area, and bedroom. But there is no water heater in the bathroom (so confused). The location is excellent, easy to explore food options. And very conveniently for travel because I have to contact customers around the Sathorn area. I can say that the location allows easy transportation by BTS, MRT to the public boat service. In the future, if I have a chance to stay in the Sathorn area again, I will definitely choose this place for sure.
Bangkok
Thung Mahamek

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Urbana Sathorn

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
Sathorn Gardens
Location
Thung Mahamek, Sathon, Bangkok
Number of units
580
Sales Prices
฿4.9M - ฿100M
▼ -12.7% underpriced
Monthly Rentals
฿20K - ฿100K
Year Built
Dec 2008
Completion Status
Completed
Project Name
Baan Piya Sathorn
Location
Thung Mahamek, Sathon, Bangkok
Number of units
146
Sales Prices
฿12.2M - ฿22.5M
▼ -16% underpriced
Monthly Rentals
฿32K - ฿75K
Year Built
Dec 1997
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
134
Sales Prices
฿27.9M
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฿43K - ฿150K
Year Built
Nov 2021
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
720
Sales Prices
฿11M - ฿21.2M
Monthly Rentals
N/A
Year Built
Feb 2023
Completion Status
Completed
Project Name
The Met
Location
Thung Mahamek, Sathon, Bangkok
Number of units
370
Sales Prices
฿13.5M - ฿120M
▼ -1% underpriced
Monthly Rentals
฿45K - ฿300K
Year Built
Dec 2008
Completion Status
Completed
Location
Si Lom, Sathon, Bangkok
Number of units
132
Sales Prices
฿12.5M - ฿29M
▲ 5% overpriced
Monthly Rentals
฿36K - ฿90K
Year Built
Dec 2010
Completion Status
Completed
Location
Si Lom, Sathon, Bangkok
Number of units
75
Sales Prices
฿12M - ฿43.6M
▲ 5% overpriced
Monthly Rentals
฿40K - ฿100K
Year Built
Dec 2004
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
49
Sales Prices
฿8.75M - ฿51.5M
▼ -4% underpriced
Monthly Rentals
฿40K - ฿65K
Year Built
Dec 2014
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
180
Sales Prices
฿6.5M - ฿16.3M
▼ -25% underpriced
Monthly Rentals
฿23K - ฿200K
Year Built
Dec 2015
Completion Status
Completed
Location
Si Lom, Sathon, Bangkok
Number of units
77
Sales Prices
฿30M - ฿46M
Monthly Rentals
฿90K - ฿120K
Year Built
Jan 2006
Completion Status
Completed
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