2 Bedroom Condo for sale at Aree Place Sukhumvit 26

(1 Review)
Khlong Tan, Khlong Toei,Bangkok
Unit ID: U61161
4% Rental Yield
2 Bedrooms
2 Bathrooms
88.41 SqM Size
2 Floor
Jan 1996 Completed

About This Condo

This property is a 88.41 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Aree Place Sukhumvit 26 project in Khlong Tan, Bangkok and was completed in Jan 1996. You can buy this condo for a base price of ฿7,000,000 (฿79,177/SqM).

Features

Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Jan 11, 2018
Updated 3 years ago
Property Type Condo
Floor 2
Bedrooms 2
Size 88.41 SqM
Price per SqM ฿79,177
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%.

Foreign Quota, 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) Garden 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U61161

Price Analysis

Great Price
Estimated market value ฿9,073,896
Great
฿8,200,000
Good
Fair
Above
฿9,600,000
Current asking Price: ฿7,000,000 | Rental estimate: ฿21,300/mo
This condo is ฿2,073,896 BELOW MARKET (-23%) 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

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.
27
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 2 bedroom condos at Aree Place Sukhumvit 26, and the current sales price.
4%

Project Details

Project Name: Aree Place Sukhumvit 26
Developer: N/A
Construction: Completed (Jan 1996)
Floors: 8
Buildings: N/A
Units: 101
Project Area: N/A
Nearest Landmark Phrom Phong BTS - 0.7 Km
Location: Khlong Tan, Bangkok
Aree Place Sukhumvit 26 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
Communal Garden Area Communal Garden Area
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Frequently Asked Questions

No pets are allowed at Aree Place Sukhumvit 26 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phrom Phong BTS is the nearest BTS Station from Aree Place Sukhumvit 26 and it is 0.7 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 Aree Place Sukhumvit 26 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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo in the heart of the city
Michael K., Australia, 6 years ago
This project is located in the heart of the city, which is 5 minutes to various amenities, such as EmQuartier, and The Emporium. It is conveniently accessible via BTS, and you can travel to many destinations. Although the condo was built a long time ago, the equipment is in good condition and decorated in a modern style. It comes with different room types that are perfect for singles, couples, and families. My room is 1 bedroom because I live alone, offering a variety of facilities, such as a swimming pool, fitness center, sticky security guards, etc.
Bangkok
Khlong Tan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Aree Place Sukhumvit 26

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