3 Bedroom Condo for sale at M Phayathai

4.5 (1 Review)
Thanon Phaya Thai, Ratchathewi,Bangkok
Unit ID: U65350
4% Rental Yield
฿27,000,000 ฿29,000,000
3 Bedrooms
2 Bathrooms
115 SqM Size
33 Floor
Dec 2014 Completed

About This Condo

This property is a 115 SqM condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the M Phayathai project in Thanon Phaya Thai, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of ฿27,000,000 (฿234,783/SqM) and it is also available for long term rentals starting from ฿90,000 per month.

Features

TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit

Basic Information

Property Type Condo
Floor 33
Bedrooms 3
Size 115 SqM
Price per SqM ฿234,783
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 PENTHOUSE
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.
฿5,750/mo
Listed By
Private Owner
Date Listed Feb 20, 2018
Last Updated 3 days ago
Unit ID U65350

Investment Opportunity: Charges & Yield

Sale Price
฿27,000,000
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.
฿5,750/mo
Rent
฿90,000/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.
25
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.
4%

Project Details

Project Name: M Phayathai
Construction: Completed (Dec 2014)
Floors: 35
Buildings: N/A
Units: 215
Project Area: N/A
Nearest Landmark Victory Monument BTS - 0.2 Km
Location: Ratchathewi, Bangkok
M Phayathai 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

Available Units at M Phayathai

For Sale 3 For Rent 3
Get notified when new homes are being added to M Phayathai

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Frequently Asked Questions

All kind of pets are allowed at M Phayathai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿5,750 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.
Victory Monument BTS is the nearest BTS Station from M Phayathai 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 M Phayathai 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

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
This place is in the superb location
4.5 Mason Werner, Germany, 2 years ago
I bought a one-bedroom unit to live. Although the room is not very spacious, it is clearly divided into proportions and comes with full furniture. The project has high-quality materials. However, I am disappointed with the lobby that is a bit small. Other than that, I can't find any problem. It is excellent in terms of location, not far from BTS Station and Airport Rail Link as it takes less than 10 minutes to walk, which is very convenient.
Bangkok
Thanon Phaya Thai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby M Phayathai

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Rhythm Rangnam
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
385
Sales Prices
฿5.94M - ฿13.2M
▼ -4.6% underpriced
Monthly Rentals
฿18.1K - ฿38.3K
Year Built
Dec 2018
Completion Status
Completed
Project Name
Ideo Q Victory
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
348
Sales Prices
฿6.45M - ฿14.4M
▲ 3.5% overpriced
Monthly Rentals
฿23.2K - ฿35.2K
Year Built
Jun 2019
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
306
Sales Prices
฿8.96M
Monthly Rentals
฿13.1K - ฿25.2K
Year Built
Jan 2009
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
550
Sales Prices
฿7M - ฿22.2M
▲ 15% overpriced
Monthly Rentals
฿30.2K - ฿34.2K
Year Built
Aug 2021
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
411
Sales Prices
฿8.01M - ฿14.9M
▼ -10.9% underpriced
Monthly Rentals
N/A
Year Built
Dec 2022
Completion Status
Off Plan
Project Name
Noble Revent
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
261
Sales Prices
฿5.54M - ฿15.2M
▼ -31% underpriced
Monthly Rentals
฿15.1K - ฿40.3K
Year Built
Jan 2014
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
79
Sales Prices
฿5.54M
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
317
Sales Prices
฿3.83M - ฿9.97M
▼ -23% underpriced
Monthly Rentals
฿18.1K - ฿23.2K
Year Built
Jan 2014
Completion Status
Completed
Project Name
XT Phayathai
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
1435
Sales Prices
฿5.44M - ฿20.6M
▼ -21% underpriced
Monthly Rentals
N/A
Year Built
Aug 2022
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
152
Sales Prices
฿12.1M
▲ 28% overpriced
Monthly Rentals
฿25.2K - ฿42.3K
Year Built
Dec 2013
Completion Status
Completed
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