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Voque Sukhumvit 16

Thailand / Bangkok2011Condominium

Price from

฿5,800,000

Completion date

2011

Area

50 m²

Description

Voque Sukhumvit 16 stands in Phrom Phong, a district of Bangkok that is also known as Asoke. The building is on Sukhumvit 16 in the central business area of the city. It is a low-rise condominium, which sets it apart from the high towers around it. Apartments are sold on the resale market, so these are finished homes in a building that has stood since 2011.

Getting around is straightforward. The building is close to BTS Asoke station and also close to MRT Queen Sirikit station, so residents can use two separate city transport lines. Sukhumvit 16 is one of the streets of the district, and the main routes across Bangkok are within easy reach. Exact distances to the stations are not given, so we describe them only as near.

The project was built by Appolo Asset and completed in 2011. It consists of 2 buildings, each with 8 floors. The 8th floor is the top floor. Because the building is low-rise, it feels calmer than a large tower: fewer neighbours per floor and a compact layout that is easy to understand.

The apartment currently for sale has a balcony and a parking slot. The kitchen is open and equipped, and the unit comes with a full set of electrical appliances: a flat TV, a refrigerator, a washing machine and a microwave. The apartment is fully furnished, so a buyer can use it without spending extra on furniture or appliances.

One apartment is on sale now: 1 bedroom, 1 bathroom, 50 sq m, on the 7th floor, with a city view. It is fully furnished and faces east. At 50 sq m it is larger than an average 1-bedroom condo in Bangkok. The price is THB 5,800,000. The apartment is sold with a rental tenant in place, which a buyer should take into account when planning to move in.

Ownership is freehold. A foreign freehold quota is available in the building, so a foreign buyer can hold title in their own name. Because the apartment is sold with a sitting tenant, the move-in date depends on the terms of that tenancy. For buyers considering Bangkok for their own use, the location near BTS and MRT and the fully furnished apartment are the main practical points.

Location

Price from

฿5,800,000

Layouts

Unit typeArea fromPrice fromBedroomsVariants
1 Bedroom50 m²฿5,800,0001

Apartments for sale

  • 1 bedroom

    50 m² · Floor 7 · Freehold · Fully furnished

    ฿5,800,000

ROI Calculator

฿16,000฿159,000

Estimated based on market data

40%100%
0%20%
Monthly income

฿38,000

Annual income

฿452,000

Gross yield

10.4%

Net yield

7.8%

Value in 5 years

฿7,402,000

Total ROI (5 years)

67%

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.