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The Lakes

Thailand / Bangkok2004Condominium

Price from

฿17,900,000

Completion date

2004

Area

110 - 176 m²

Description

The Lakes is a condominium in the Asoke district, in the central business area of Bangkok, close to Benjakitti Park. It suits buyers who want a city-centre address with a green area nearby for walks and exercise. The district is known for its short distance to business quarters, and The Lakes is among the established condominiums in Asoke.

Getting around is straightforward. The BTS Asoke station is about 300 m from the building, and the MRT Sukhumvit station is close by as well. Having two rail lines within walking distance means you can reach many parts of Bangkok without a car. If you drive, the apartments come with a fixed parking space, which matters in a dense central area.

The Lakes was built by Land & House and completed in 2004. The project has one building with 36 floors, so residents do not share the grounds with several towers. The building has stood in central Bangkok for some years and remains a residential condominium with a high-rise layout. Some apartments have been renovated, and owners often choose upper floors for open views.

The building accepts residents with pets, which is not always the case in central high-rise condominiums. Apartments have large balconies, and kitchens come fully equipped with a full set of electrical appliances. Many units have built-in wardrobes, so there is usually little need for major furnishing after purchase. Each apartment has a fixed parking space for a car.

Two apartments are for sale now, both with two bedrooms and both fully furnished. Sizes range from 110 to 176 sq m, on floors 28 and 29. Views are over the city, and one apartment has a panoramic view. Prices range from THB 17,900,000 to THB 28,160,000. Both are sold with furniture and appliances.

Both apartments are freehold. The building has a foreign freehold quota, so a foreign buyer can hold the apartment in their own name. Practical points for a buyer: the apartments are sold furnished, the high floors give an open city view, and the parking space is fixed to the apartment, which is useful for anyone who drives in central Bangkok.

Location

Price from

฿17,900,000

Layouts

Unit typeArea fromPrice fromBedroomsVariants
2 Bedrooms110 m²฿17,900,0002

Apartments for sale

  • 2 bedrooms

    110 m² · Floor 28 · Freehold · Fully furnished

    ฿17,900,000

  • 2 bedrooms

    176 m² · Floor 29 · Freehold · Fully furnished

    ฿28,160,000

ROI Calculator

฿29,000฿285,000

Estimated based on market data

40%100%
0%20%
Monthly income

฿66,000

Annual income

฿795,000

Gross yield

6.1%

Net yield

4.4%

Value in 5 years

฿22,845,000

Total ROI (5 years)

50%

Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

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This material was prepared with the help of artificial intelligence. Please check key figures and terms with our adviser.