2 Bedroom Condo for sale at Motif Condo Sathorn - Wongwian yai

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Bang Yi Ruea, Thon Buri,Bangkok
Unit ID: U1412394
5% Rental Yield
Tenant-Occupied until Aug 31, 2024
2 Bedrooms
1 Bathroom
51 SqM Size
10 Floor
Jan 2014 Completed

About This Condo

This property is a 51 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Motif Condo Sathorn - Wongwian yai project in Bang Yi Ruea, Bangkok and was completed in Jan 2014. You can buy this condo for a base price of ฿4,150,000 (฿81,373/SqM) and it is also available for long term rentals starting from ฿17,000 per month.

Features

Corner UnitCorner Unit BalconyBalcony MicrowaveMicrowave

Basic Information

Date Listed May 23, 2023
Updated 2 months ago
Property Type Condo
Floor 10
Bedrooms 2
Size 51 SqM
Price per SqM ฿81,373
Pets N/A
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
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) City View
Unit Type N/A
Building Building 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.
฿1,785/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1412394

Investment Opportunity: Charges & Yield

Sale Price
฿4,150,000
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.
฿1,785/mo
Rent
฿17,000/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.
20
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Construction: Completed (Jan 2014)
Floors: 23
Buildings: N/A
Units: 386
Project Area: N/A
Nearest Landmark Pho Nimit BTS - 0.9 Km
Location: Bang Yi Ruea, Bangkok
Motif Condo Sathorn - Wongwian yai 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 Motif Condo Sathorn - Wongwian yai

For Sale 2 For Rent 2
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Frequently Asked Questions

The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿1,785 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 Motif Condo Sathorn - Wongwian yai the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Pho Nimit BTS is the nearest BTS Station from Motif Condo Sathorn - Wongwian yai and it is 0.9 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 Motif Condo Sathorn - Wongwian yai 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
Bang Yi Ruea

Neighborhood Overview

Location and Neighborhood

Street View

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