2 Bedroom Condo for sale at The Hudson Sathorn 7

(1 Review)
Thung Mahamek, Sathon,Bangkok
Unit ID: U665168
5% Rental Yield
Tenant-Occupied until Jul 1, 2024
2 Bedrooms
2 Bathrooms
88.50 SqM Size
5 Floor
Dec 2014 Completed

About This Condo

This property is a 88.50 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Hudson Sathorn 7 project in Thung Mahamek, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of ฿14,000,000 (฿158,192/SqM) and it is also available for long term rentals starting from ฿58,000 per month.

Features

BalconyBalcony BathtubBathtub MicrowaveMicrowave TVTV

Basic Information

Date Listed Feb 24, 2021
Updated 2 months ago
Property Type Condo
Floor 5
Bedrooms 2
Size 88.50 SqM
Price per SqM ฿158,192
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%.

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) 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.
฿7,965/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U665168

Price Analysis

Fair Price
Estimated market value ฿13,455,013
Great
฿12,600,000
Good
Fair
Above
฿14,000,000
Current asking Price: ฿14,000,000 | Advertised rental rate: ฿58,000/mo
This condo is ฿544,987 ABOVE MARKET (4%) 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
฿14,000,000
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.
฿7,965/mo
Rent
฿58,000/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: The Hudson Sathorn 7
Developer: B.P. Property
Construction: Completed (Dec 2014)
Floors: 12
Buildings: 1
Units: 49
Project Area: 2,096 SqM
Nearest Landmark Chong Nonsi BTS - 0.5 Km
Location: Thung Mahamek, Bangkok
The Hudson Sathorn 7 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Indoor Games Room Indoor Games Room
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Hudson Sathorn 7

  • Communal Pool
    3rd Floor
  • Communal Gym
    2nd Floor
  • Library / Reading Room
    Ground Floor
  • Sauna
    2nd Floor
  • Indoor Games Room
    2nd Floor

Available Units at The Hudson Sathorn 7

For Sale 7 For Rent 8
Get notified when new homes are being added to The Hudson Sathorn 7
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Frequently Asked Questions

No pets are allowed at The Hudson Sathorn 7 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 ฿90 per square meter based on the size of indoor area of the property and is ฿7,965 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 The Hudson Sathorn 7 the required payment for the sinking fund is ฿550 per square meter based on the size of the indoor area of the property.
Chong Nonsi BTS is the nearest BTS Station from The Hudson Sathorn 7 and it is 0.5 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 Hudson Sathorn 7 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

3.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It's spacious and high-end décor
Tao Jia, China, 5 years ago
The condos here are quite spacious and high-end décor. The lobby area is very beautiful, with a full range of facilities on the third floor, such as a saltwater pool and saunas. The front desk staff is friendly and helpful. I think this place is tranquil and comfortable to travel because it is not far from the office. It takes only 10 minutes to walk to Chong Nonsi BTS station. Anyway, it is comfortable for those who have a private car because there is enough parking for the residents. Overall, worth the price paid, peaceful, and suitable for relaxation.
Bangkok
Thung Mahamek

Neighborhood Overview

Location and Neighborhood

Street View

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