2 Bedroom Condo for sale at The Address Pathumwan

5 (1 Review)
Thanon Phet Buri, Ratchathewi,Bangkok
Unit ID: U244071
6% Rental Yield
฿7,500,000
2 Bedrooms
2 Bathrooms
65 SqM Size
6 Floor
Dec 2009 Completed

About This Condo

This property is a 65 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Address Pathumwan project in Thanon Phet Buri, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿7,500,000 (฿115,385/SqM).

Centrallly located, single owner, in excellent condition

The Address Pathumwan is in a prime central location In RATCHATHEWI and 500m from the BTS; The furnished condo is on the 6th floor of 8. Amenities include a swimming pool, sauna, gymnasium, parking, lounge, garden features and security. The Ideal condo location to reside, rent or invest.

Features

BalconyBalcony Washing MachineWashing Machine TVTV Access to BTS/MRTAccess to BTS/MRT

Basic Information

Property Type Condo
Floor 6
Bedrooms 2
Size 65 SqM
Price per SqM ฿115,385
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
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 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.
฿3,575/mo
Listed By
Private Owner
Date Listed Nov 15, 2019
Last Updated 1 year ago
Unit ID U244071

Investment Opportunity: Charges & Yield

Sale Price
฿7,500,000
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.
฿3,575/mo
Est. Rent
฿39,800/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.
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 2 bedroom condos at The Address Pathumwan, and the current sales price.
6%

Project Details

Project Name: The Address Pathumwan
Developer: AP (Thailand)
Construction: Completed (Dec 2009)
Floors: 8
Buildings: N/A
Units: 156
Project Area: N/A
Nearest Landmark Ratchathewi BTS - 0.2 Km
Location: Ratchathewi, Bangkok
The Address Pathumwan 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
Reception / Lobby Area Reception / Lobby Area

Available Units at The Address Pathumwan

For Sale 2 For Rent 2
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Available Units at The Address Pathumwan
฿115,385
Beds 2 Beds
Baths 2 Baths
Size 65 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
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Available Units at The Address Pathumwan
-
Beds 2 Beds
Baths 2 Baths
Size 80 SqM Size
Floor 2 Floor
Garden View
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Available: Jul 31, 2023 Available Units at The Address Pathumwan
-
Beds 1 Beds
Baths 1 Baths
Size 47 SqM Size
Floor 6 Floor
Fully Furnished City View
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Available Units at The Address Pathumwan
฿121,622
Beds 2 Beds
Baths 2 Baths
Size 74 SqM Size
Floor 4 Floor
Get notified when new homes are being added to The Address Pathumwan

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Frequently Asked Questions

No pets are allowed at The Address Pathumwan unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿55 per square meter based on the size of indoor area of the property and is ฿3,575 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.
Ratchathewi BTS is the nearest BTS Station from The Address Pathumwan and it is 0.2 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 The Address Pathumwan 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

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Cozy and safe!
5 Valentine Yu, China, 2 years ago
This condo gives a sense of staying in a real home. I've been happy since I moved in. All staff is helpful. The common areas in this building are clean and private. The fitness room and the pool are also available. My room is highly secure because key card access is required before entering every building and floor. You'll feel at ease that no strangers will walk around. Despite being in the heart of the city, it does not feel cramped. I like the surroundings because you can get to the Siam area in just 5 minutes, and it's also close to Ratchathewi BTS.
Bangkok
Thanon Phet Buri

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Address Pathumwan

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Number of units
Sales Prices
Monthly Rentals
Year Built
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Project Name
Location
Number of units
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Completion Status
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
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Thanon Phet Buri, Ratchathewi, Bangkok
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Location
Thanon Phet Buri, Ratchathewi, Bangkok
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Number of units
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Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
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Thanon Phet Buri, Ratchathewi, Bangkok
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