1 Bedroom Condo for sale at The Magnet

 (Write Review)
Suan Luang, Suan Luang,Bangkok
Unit ID: U1753646
6% Rental Yield
1 Bedroom
1 Bathroom
33.70 SqM Size
6 Floor
Jan 2012 Completed

About This Condo

This property is a 33.70 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Magnet project in Suan Luang, Bangkok and was completed in Jan 2012. You can buy this condo for a base price of ฿1,550,000 (฿45,994/SqM).

Features

Two PoolsTwo Pools BalconyBalcony Washing MachineWashing Machine

Basic Information

Date Listed Mar 7, 2024
Updated 2 years ago
Property Type Condo
Floor 6
Bedroom 1
Size 33.70 SqM
Price per SqM ฿45,994
Pets N/A
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
N/A
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1753646

Investment Opportunity: Charges & Yield

Sale Price
฿1,550,000
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.
16
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 Magnet, and the current sales price.
6%

Project Details

Project Name: The Magnet
Developer: N/A
Construction: Completed (Jan 2012)
Floors: 8
Buildings: N/A
Units: 70
Project Area: N/A
Nearest Landmark: On Nut BTS - 1.5 Km
Location: Suan Luang, Bangkok
The Magnet Project Details

Project Features

CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at The Magnet

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Frequently Asked Questions

On Nut BTS is the nearest BTS Station from The Magnet and it is 1.5 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.

After you have found the right property at The Magnet you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


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.

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Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Magnet

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฿2.37M - ฿4.8M
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฿19.9M - ฿22.9M
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฿77K - ฿85K
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Number of units
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฿37.7M - ฿55.6M
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Sales Prices
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Project Name
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Completion Status
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Number of units
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▼ -48% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
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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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