2 Bedroom Condo for sale at City Lakes Tower Sukhumvit 16

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Khlong Toei, Khlong Toei,Bangkok
Unit ID: U30584
2 Bedrooms
2 Bathrooms
318.99 SqM Size
Ground Floor Floor
Jan 1992 Completed

About This Condo

This property is a 318.99 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the City Lakes Tower Sukhumvit 16 project in Khlong Toei, Bangkok and was completed in Jan 1992. You can buy this condo for a base price of ฿37,800,000 (฿118,499/SqM).

Basic Information

Date Listed Aug 9, 2017
Updated 3 years ago
Property Type Condo
Floor Ground Floor
Bedrooms 2
Size 318.99 SqM
Price per SqM ฿118,499
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%.

N/A
Furniture
Unfurnished
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.
N/A
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U30584

Price Analysis

Great Price
Estimated market value ฿62,888,214
Great
฿40,000,000
Good
Fair
Above
฿68,300,000
Current asking Price: ฿37,800,000
This condo is ฿25,088,214 BELOW MARKET (-40%) 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

Sale Price
฿37,800,000

Project Details

Developer: N/A
Construction: Completed (Jan 1992)
Floors: 28
Buildings: N/A
Units: 5
Project Area: N/A
Nearest Landmark Asok BTS - 0.4 Km
Location: Khlong Toei, Bangkok
City Lakes Tower Sukhumvit 16 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
Sauna Sauna

Available Units at City Lakes Tower Sukhumvit 16

For Sale 1 For Rent 4
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Frequently Asked Questions

No pets are allowed at City Lakes Tower Sukhumvit 16 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Asok BTS is the nearest BTS Station from City Lakes Tower Sukhumvit 16 and it is 0.4 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 City Lakes Tower Sukhumvit 16 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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Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby City Lakes Tower Sukhumvit 16

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
The Lakes
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
165
Sales Prices
฿15.9M - ฿45M
▼ -1.8% underpriced
Monthly Rentals
฿38K - ฿160K
Year Built
Dec 2003
Completion Status
Completed
Project Name
Domus
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
109
Sales Prices
฿31.5M - ฿81M
▲ 6% overpriced
Monthly Rentals
฿61K - ฿170K
Year Built
Dec 2005
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
192
Sales Prices
฿10.3M - ฿42M
▼ -11.5% underpriced
Monthly Rentals
฿20K - ฿130K
Year Built
Dec 2004
Completion Status
Completed
Project Name
The Prime Suites
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
1995
Sales Prices
฿4M - ฿8.5M
Monthly Rentals
฿12K - ฿29K
Year Built
Dec 1994
Completion Status
Completed
Project Name
Fairview Tower
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
54
Sales Prices
฿21.5M
Monthly Rentals
N/A
Year Built
Dec 1992
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
160
Sales Prices
฿15.5M - ฿38M
▲ 11% overpriced
Monthly Rentals
฿30K - ฿79K
Year Built
Jun 1985
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
117
Sales Prices
฿5.4M - ฿22M
▼ -13.2% underpriced
Monthly Rentals
฿18K - ฿50K
Year Built
Dec 2014
Completion Status
Completed
Project Name
Windsor Tower
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
50
Sales Prices
฿52.2M
Monthly Rentals
฿60K - ฿70K
Year Built
Jan 1996
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
60
Sales Prices
฿5.8M - ฿7.11M
▼ -11.8% underpriced
Monthly Rentals
฿17K - ฿48K
Year Built
Dec 2012
Completion Status
Completed
Project Name
Ocean Tower 1
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
N/A
Sales Prices
฿43M - ฿43.1M
Monthly Rentals
฿146K
Year Built
Jan 1988
Completion Status
Completed
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