3 Bedroom Condo for sale at Asoke Towers

(1 Review)
Khlong Toei Nuea, Watthana,Bangkok
Unit ID: U150783
3% Rental Yield
3 Bedrooms
2 Bathrooms
163 SqM Size
18 Floor
Dec 1985 Completed

About This Condo

This property is a 163 SqM condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Asoke Towers project in Khlong Toei Nuea, Bangkok and was completed in Dec 1985. You can buy this condo for a base price of ฿9,500,000 (฿58,282/SqM).

Features

Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Condo
Floor 18
Bedrooms 3
Size 163 SqM
Price per SqM ฿58,282
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%.

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, Blocked 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
Electricity Price N/A
Water Price N/A
Unit ID U150783

Price Analysis

Great Price
Estimated market value ฿10,840,467
Great
฿10,100,000
Good
Fair
Above
฿11,100,000
Current asking Price: ฿9,500,000 | Rental estimate: ฿24,500/mo
This condo is ฿1,340,467 BELOW MARKET (-12%) 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

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.
32
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 3 bedroom condos at Asoke Towers, and the current sales price.
3%

Project Details

Project Name: Asoke Towers
Developer: Asoke Motors
Construction: Completed (Dec 1985)
Floors: 28
Buildings: 1
Units: 99
Project Area: 7,200 SqM
Nearest Landmark Phetchaburi MRT - 0.4 Km
Location: Khlong Toei Nuea, Bangkok
Asoke Towers Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Tennis Court Tennis Court
Reception / Lobby Area Reception / Lobby Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Asoke Towers

  • Communal Pool
    9th Floor
  • Communal Gym
    9th Floor
  • Tennis Court
    9th Floor
  • Communal Garden Area
    9th Floor
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Available Units at Asoke Towers

For Sale 11 For Rent 5
Get notified when new homes are being added to Asoke Towers
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Frequently Asked Questions

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

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo in the city center
Chang Zi sāng, China, 4 years ago
I have a small business here, and I rented the Asoke Tower and stayed with my family for a while. The exterior building looks strong and durable, even though it has been built for many years. The inside is also renovated regularly, so it looks new and beautiful. Besides, there offices, restaurants, and shops which I often use. There are also various amenities, consisting of shopping malls, restaurants, and pubs. My family members and I don't usually use our private cars because of the traffic jam the whole day. So, I always take the MRT as it is close to the condo, and it takes only 10 minutes to walk. It seems I can exercise on it. On holiday, my kid and I always use the condo's communal facilities. I love playing tennis a lot. When I am bored of playing tennis, I will have outdoor activities at Benjakitti Park, a few steps away from the condo. Overall, I am satisfied because it is suitable for investors and us. It is convenient, surrounded by various amenities.
Bangkok
Khlong Toei Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Asoke Towers

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