2 Bedroom Condo for sale at Prestige Towers

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Khlong Toei Nuea, Watthana,Bangkok
Unit ID: U1140116
5% Rental Yield
฿11,000,000
2 Bedrooms
3 Bathrooms
175 SqM Size
2 Floor
Jan 1994 Completed

About This Condo

This property is a 175 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Prestige Towers project in Khlong Toei Nuea, Bangkok and was completed in Jan 1994. You can buy this condo for a base price of ฿11,000,000 (฿62,857/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedrooms 2
Size 175 SqM
Price per SqM ฿62,857
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) Garden 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
Date Listed Aug 15, 2022
Last Updated 3 months ago
Unit ID U1140116

Investment Opportunity: Charges & Yield

Sale Price
฿11,000,000
Rent
฿45,000/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

Project Name: Prestige Towers
Developer: N/A
Construction: Completed (Jan 1994)
Floors: 26
Buildings: N/A
Units: 28
Project Area: N/A
Nearest Landmark Sukhumvit MRT - 0.4 Km
Location: Watthana, Bangkok
Prestige Towers 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
Reception / Lobby Area Reception / Lobby Area

Available Units at Prestige Towers

For Sale 2 For Rent 2
Get notified when new homes are being added to Prestige Towers

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Frequently Asked Questions

No pets are allowed at Prestige Towers unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Sukhumvit MRT is the nearest MRT Station from Prestige Towers 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 Prestige Towers 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 Nuea

Neighborhood Overview

Location and Neighborhood

Street View

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