2 Bedroom Condo for sale at Rhythm Asoke

(1 Review)
Makkasan, Ratchathewi,Bangkok
Unit ID: U1112612
6% Rental Yield
Tenant-Occupied until Dec 31, 2024
2 Bedrooms
1 Bathroom
42 SqM Size
30 Floor
Dec 2015 Completed

About This Condo

This property is a 42 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Rhythm Asoke project in Makkasan, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of £124,000 (£2,940/SqM) and it is also available for long term rentals starting from £585 per month.

Features

Corner UnitCorner Unit BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Jun 29, 2022
Updated 1 month ago
Property Type Condo
Floor 30
Bedrooms 2
Size 42 SqM
Price per SqM £2,940
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, Unblocked Open 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.
£50/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1112612

Investment Opportunity: Charges & Yield

Sale Price
£124,000
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.
£50/mo
Rent
£585/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.
18
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.
6%

Project Details

Project Name: Rhythm Asoke
Developer: AP (Thailand)
Construction: Completed (Dec 2015)
Floors: 37
Buildings: N/A
Units: 385
Project Area: N/A
Nearest Landmark Phra Ram 9 MRT - 0.4 Km
Location: Makkasan, Bangkok
Rhythm Asoke 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

Available Units at Rhythm Asoke

For Sale 11 For Rent 24
Get notified when new homes are being added to Rhythm Asoke
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Frequently Asked Questions

No pets are allowed at Rhythm Asoke 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 £1 per square meter based on the size of indoor area of the property and is £50 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.
Phra Ram 9 MRT is the nearest MRT Station from Rhythm Asoke 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 Rhythm Asoke 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
Good location condo near Phra Ram 9 MRT
Johny Maughan, United Kingdom, 3 years ago
I've been living here for about 6 months. The condominium project here is a quality project under the Rhythm Brand, emphasizing convenience in the heart of the city, which I discovered. Even on the main road, it is peaceful. Phra Ram 9 MRT and Makkasan ARL stations are both nearby. It is only a 5-minute walk from Central Rama 9. The building is brand new and features a large common area and a luxurious lobby. A swimming pool, sauna, garden, and fitness center are all available. The staff is lovely. The quality of the materials was an issue for me while staying at the condo. The walls are so thin that you can hear people walking and close the door.
Bangkok
Makkasan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Rhythm Asoke

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 Asoke 2
Location
Makkasan, Ratchathewi, Bangkok
Number of units
346
Sales Prices
£65.4K - £185K
▼ -11.7% underpriced
Monthly Rentals
£261 - £610
Year Built
Feb 2017
Completion Status
Completed
Location
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Number of units
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Sales Prices
£163K - £910K
▲ 6% overpriced
Monthly Rentals
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Year Built
Dec 2020
Completion Status
Completed
Project Name
Life Asoke Hype
Location
Makkasan, Ratchathewi, Bangkok
Number of units
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Sales Prices
£98K - £485K
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Project Name
Ideo Mobi Rama 9
Location
Huai Khwang, Ratchathewi, Bangkok
Number of units
703
Sales Prices
£67.3K - £196K
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Monthly Rentals
£237 - £566
Year Built
Dec 2013
Completion Status
Completed
Project Name
Life Asoke Rama 9
Location
Makkasan, Ratchathewi, Bangkok
Number of units
2248
Sales Prices
£80.6K - £210K
▼ -3.7% underpriced
Monthly Rentals
£283 - £1.05K
Year Built
Jan 2020
Completion Status
Completed
Location
Din Daeng, Ratchathewi, Bangkok
Number of units
473
Sales Prices
£92K - £258K
▲ 1.5% overpriced
Monthly Rentals
£392 - £1.42K
Year Built
Dec 2019
Completion Status
Completed
Location
Makkasan, Ratchathewi, Bangkok
Number of units
315
Sales Prices
£109K - £174K
▼ -1.5% underpriced
Monthly Rentals
£436 - £762
Year Built
Dec 2016
Completion Status
Completed
Location
Huai Khwang, Ratchathewi, Bangkok
Number of units
433
Sales Prices
£59.9K - £142K
▼ -5.6% underpriced
Monthly Rentals
£305 - £762
Year Built
Dec 2014
Completion Status
Completed
Project Name
Aspire Rama 9
Location
Bang Kapi, Ratchathewi, Bangkok
Number of units
663
Sales Prices
£74.1K - £346K
▼ -16.2% underpriced
Monthly Rentals
£283 - £566
Year Built
Dec 2013
Completion Status
Completed
Location
Din Daeng, Ratchathewi, Bangkok
Number of units
325
Sales Prices
£133K - £331K
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Monthly Rentals
£457 - £980
Year Built
Mar 2021
Completion Status
Completed
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