Baan Siri Sathorn - Soi Yanakart (Listing # PL4657)
The Bangkok condo/apartment is located on Soi Yanakart in the Sathorn, Yenakart community of central Bangkok. Baan Siri Sathorn is located within 1400 meters of the Lumphini MRT subway station, you can walk there from the building in about 15 minutes.
What expats lazily refer to as Sathorn may differ from the actual district. In addition to Sathorn Road, the real estate around several other main roads such as Rama IV, Rama III, Nanglinchee along with Narathiwas and Yen Akart which are considered neighborhoods within Sathorn.
Sathorn is a vast area which includes a wide variety of condos and apartments. Generally the closer to Sathorn Road the condos/apartments are, the more expensive they will be. While Sathorn Road real estate tends to cater towards the elite business people, the inner areas of Sathorn has more family orientated properties which includes a mix of high-end, Western quality highrise and lowrise residences along with some budget accommodations. Although there are no BTS/MRT metro stations in Sathorn, some Sathorn real estate is convenient to one of several stations which include Silom, Lumphini and Khlong Toei MRT, Sala Daeng, Chong Nonsi and Surasak BTS.
- Shrewsbury International School (Charoen Krung Rd.)
- International Pioneers School (Charoen Nakorn Rd.)
- St. Andrews International School (Sathorn soi 4)
- Garden International School (Yen Akart Soi 2)
- Acacia (Yen Akart Soi 2)
- Learning Home International Kindergarten (Narathiwas Rd.)
- New Sathorn International School (Narathiwas Rd.)
- International Community School ICS Prong Jai (Sri Bhumpen Rd.)
- Lumpini Park (Wittayu Rd.)
- Asiatique The Riverfront (Charoen Krung Rd.)
- Bang Rak Hospital (Sathorn Rd.)
- S. Louis Hospital (Sathorn Rd.)
- BNH Hospital (Convent Rd.)
- Embassy of Australia (Sathorn Rd.)
Most foreigners use property agents when renting a condo in Bangkok. Using a real estate agency is of no cost to you and you can use the agent’s expertise in Bangkok real estate to find a perfect place and location. It is usually good to begin looking for a place a month before you intend to move in. This gives you plenty of time to see properties and allows you the chance to pay a booking fee (10-25% of the rental) if you see something you like. The booking fee will hold the condo/apartment until your move-in date and go towards your deposit and first month’s rent.
Moving into an apartment or condo requires a refundable security deposit equal to 2x your agreed monthly rent or in this case ฿56,000 THB (Thailand Baht) in addition to your 1st month’s rent of ฿28,000 which is due on the day you move in. Your total move-in costs for this Bangkok rental property will be ฿84,000. Your real estate agent will help you negotiate anything from rental price, included utilities, lease terms, special requirements etc. with the landlord and prepare your lease agreement which are usually in Thai and English languages.
Living Expenses & Paying Rent
Unless you are staying in a serviced residence, you will be responsible for paying your monthly utilities which will always include electricity and water. Most Bangkok renters also have internet and cable television. For most condominiums will have to setup the services under your name and pay directly to the service providers. In the case of apartments, you will likely have to make payment to the building which may have a set fee for water. Your real estate agent can help you set up your utilities. You can pay all utility bills at the cashier of any convenient store in Bangkok. Rent payment is usually made via cash deposit or bank transfer directly into the landlord’s account.
In order to get your ฿56,000 security deposit back you must not break any terms of your signed lease agreement. This includes giving the proper move-out notice if applicable, moving out of the property by the correct date and returning the property as you rented it, with no damage to the condo itself as well as the furniture (if rented fully furnished). If you break any terms of your lease the landlord will not refund your security deposit.. If you rented a condo you will likely get your security deposit back in cash from the landlord during the week you move out. However most apartment buildings will take at least 30 days to refund your security deposit via corporate check.