Real Estate Properties For Rent and Sale in Park 24, Khlong Toei, Bangkok, Central - Thailand

Park 24, Khlong Toei, Bangkok, Central - Thailand

Park 24 Condo for Sale and Rent
Develop by Origin Property
located at 45 Soi Sukhumvit 24, Khwaeng Khlong Tan, Khet Khlong Toei, Bangkok.

Condo Information:
Year of Build: 2018
In this project there are 2 buildings
Total of 51 floors
Total Floors: 837 Condo units
Facilities: Swimming Pool 40 meters on 50th floor, Kid’s Pool, GYM, Jacuzzi & Sauna, Yoga Studio, Table Tennis, Boxing, Kids Playground indoor and outdoor, CCTV, 24 hours security.

Condo Unit Type:
55-60SQM 2 Bedroom 
28-35SQM 1 Bedroom

Available Condo for Sale 2 bedroom average price: 12,000,000 Baht
Available Condo for Sale 1 bedroom average price: 5,300,000 - 6,300,000 Baht
 
Available Condo for Rent 2 bedroom average price: 50,000 - 65,000 Baht
Available Condo for Rent 1 bedroom average price: 30,000 - 40,000 Baht

Shopping:
Only 500 meters from Emporium Shopping mall

Park 24 Condo is located in the heart of Bangkok.
This Condo is very popular for people that live and work in the CBD area and want to enjoy quality living in downtown Bangkok.
This Condo is also popular with local investor as the location is in Center and near main CBD with high demand area.

Conclusion and Recommendation to Buy or Rent in this condo: 
This analysis is provided by RE/MAX Thailand Market Analysts team.
We are analyzing buildings all over Thailand, We are giving you our estimation and recommendation for this building. 

Buying a or renting a unit in this Condo is recommended due to the standard and the location of the building and near CBD area. 

Investment Information: 
For sale Average at 5,500,000 - upto 6,800,000 Baht for 28-35SQM 1 bedroom condo unit - 
For rent start at 25,000 - 30,000 Baht for 28-35SQM 1 bedroom condo unit
Expected Yield about 5% which is average yield for the CBD area.

Rules and Regulation
for Foreigners buying properties in Thailand:

There are some laws that foreigners should know before buying a Property in Thailand and some of these real estate law and regulation may change over time.

You will need to provide a proof of funds (FET form) of all funds must be sent
to Thailand in a foreign currency. When transferring the condo at the Land
Office the officer will ask you to show this proof (FET) in order to
complete the transaction.
Only 49% of the total SQM of the condo can be owned by foreign nationality.
The building needs to be governed by the condominium act.
You will need to obtain a letter from the juristic person that all Building fees
were paid, and the quota is available.