1 Bedroom Condo for sale at The Light House

(1 Review)
Khlong Ton Sai, Khlong San,Bangkok
Unit ID: U30354
5% Rental Yield
1 Bedroom
1 Bathroom
50 SqM Size
17 Floor
Dec 2008 Completed

About This Condo

This property is a 50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Light House project in Khlong Ton Sai, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿4,200,000 (฿84,000/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jul 27, 2017
Updated 3 years ago
Property Type Condo
Floor 17
Bedroom 1
Size 50 SqM
Price per SqM ฿84,000
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
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.
฿1,750/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U30354

Price Analysis

Good Price
Estimated market value ฿4,403,032
Great
฿4,400,000
Good
Fair
Above
฿4,890,000
Current asking Price: ฿4,200,000 | Rental estimate: ฿16,900/mo
This condo is ฿203,032 BELOW MARKET (-5%) 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.
฿1,750/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.
21
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 The Light House, and the current sales price.
5%

Project Details

Project Name: The Light House
Developer: N/A
Construction: Completed (Dec 2008)
Floors: 30
Buildings: N/A
Units: 297
Project Area: N/A
Nearest Landmark Krung Thon Buri BTS - 2.1 Km
Location: Khlong Ton Sai, Bangkok
The Light House 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
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Available Units at The Light House

For Sale 7 For Rent 9
Get notified when new homes are being added to The Light House
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Frequently Asked Questions

No pets are allowed at The Light House 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,750 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 The Light House the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Krung Thon Buri BTS is the nearest BTS Station from The Light House and it is 2.1 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 The Light House 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 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I think this place is a good investment.
Simon Mare, United Kingdom, 6 years ago
I think this place is a good investment. There is a supermarket, coffee shop, and pharmacy on the ground floor. The gym looks a bit old. I bought a 2-bedroom spacious unit on the 25th floor. It comes with modern furniture and a spectacular view of the Chao Phraya River. The atmosphere is good. The surrounding environment is lively. It's easy to get around because it's close to Charoen Nakhon BTS. There are also many nearby restaurants, cafes, and shops. The price is reasonable, and it is worthwhile to purchase.
Bangkok
Khlong Ton Sai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Light House

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
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Project Name
Location
Number of units
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Year Built
Completion Status
Location
Khlong Ton Sai, Khlong San, Bangkok
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฿3.2M - ฿25M
▲ 0.9% overpriced
Monthly Rentals
฿12K - ฿95K
Year Built
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Location
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Number of units
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฿22K - ฿250K
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Location
Khlong Ton Sai, Khlong San, Bangkok
Number of units
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฿3.6M - ฿58M
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Year Built
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Khlong Ton Sai, Khlong San, Bangkok
Number of units
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฿31M - ฿56.4M
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Location
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Number of units
636
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฿3.9M - ฿6.6M
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Location
Khlong Ton Sai, Khlong San, Bangkok
Number of units
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Monthly Rentals
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Year Built
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Project Name
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฿4.39M - ฿21M
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Monthly Rentals
฿10K - ฿70K
Year Built
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Completion Status
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Location
Khlong Ton Sai, Khlong San, Bangkok
Number of units
214
Sales Prices
฿5.3M - ฿15.5M
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Monthly Rentals
฿16K - ฿32K
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Completion Status
Completed
Location
Khlong Ton Sai, Khlong San, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
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Completion Status
Completed
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