1 Bedroom Condo for sale at IRIS Westgate

 (Write Review)
Bang Rak Phatthana, Bang Bua Thong,Nonthaburi
Unit ID: U1957282
4% Rental Yield
1 Bedroom
1 Bathroom
33.49 SqM Size
3 Floor
Dec 2017 Completed

About This Condo

This property is a 33.49 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Rak Phatthana, Nonthaburi and was completed in Dec 2017. You can buy this condo for a base price of £54,100 (£1,620/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Oct 29, 2024
Updated N/A
Property Type Condo
Floor 3
Bedroom 1
Size 33.49 SqM
Price per SqM £1,620
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

Foreign Quota, Thai Quota, Company
Furniture
Unfurnished
View(s) City View
Unit Type B-1BR
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.
£31/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1957282

Investment Opportunity: Charges & Yield

Sale Price
£54,100
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.
£31/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.
27
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at IRIS Westgate, and the current sales price.
4%

Project Details

Project Name: IRIS Westgate
Developer: Iris Group
Construction: Completed (Dec 2017)
Floors: 8
Buildings: 6
Units: 900
Project Area: 15,494 SqM
Nearest Landmark Khlong Bang Phai MRT - 0.4 Km
Location: Bang Rak Phatthana, Nonthaburi
IRIS Westgate Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Outdoor Putting Green Outdoor Putting Green
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at IRIS Westgate

  • Communal Pool
    1st Floor
  • Communal Gym
    3rd Floor

Available Units at IRIS Westgate

For Sale 15 For Rent 1
Available Units at IRIS Westgate
£52,500
£1,580/SqM
Beds 1 Beds
Baths 1 Baths
Size 33.31 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
Available Units at IRIS Westgate
£53,400
£1,590/SqM
Beds 1 Beds
Baths 1 Baths
Size 33.61 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
Available Units at IRIS Westgate
£54,100
£1,620/SqM
Beds 1 Beds
Baths 1 Baths
Size 33.49 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
Available Units at IRIS Westgate
£37,000
£1,420/SqM
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 6 Floor
Thai Quota Unfurnished City View
Available Units at IRIS Westgate
£29,800
£1,240/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 24 SqM Size
Floor 1 Floor
Thai Quota Partly Furnished Pool View
Available Units at IRIS Westgate
£53,200
£1,610/SqM
Beds Studio Beds
Baths 1 Baths
Size 33 SqM Size
Floor 5 Floor
Partly Furnished Unblocked Open View
Available Units at IRIS Westgate
£32,200
£1,290/SqM
Beds 1 Beds
Baths 1 Baths
Size 25 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Available Units at IRIS Westgate
£60,600
£1,520/SqM
Beds 1 Beds
Baths 1 Baths
Size 39.88 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
Available Units at IRIS Westgate
£61,800
£1,540/SqM
Beds 1 Beds
Baths 1 Baths
Size 40.17 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
Available Units at IRIS Westgate
£61,800
£1,540/SqM
Beds 1 Beds
Baths 1 Baths
Size 40.20 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
Available Units at IRIS Westgate
£62,900
£1,570/SqM
Beds 1 Beds
Baths 1 Baths
Size 40.15 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
Available Units at IRIS Westgate
£63,400
£1,580/SqM
Beds 1 Beds
Baths 1 Baths
Size 40.15 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
Available Units at IRIS Westgate
£63,400
£1,580/SqM
Beds 1 Beds
Baths 1 Baths
Size 40.17 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
Available Units at IRIS Westgate
£63,400
£1,580/SqM
Beds 1 Beds
Baths 1 Baths
Size 40.17 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
Available Units at IRIS Westgate
£63,600
£1,580/SqM
Beds 1 Beds
Baths 1 Baths
Size 40.17 SqM Size
Floor 3 Floor
Foreign Quota Unfurnished City View
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
£23
1st Installment
Upon contract signing
£93
2nd Installment
On handover
100%

Frequently Asked Questions

No pets are allowed at IRIS Westgate 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 £31 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At IRIS Westgate the required payment for the sinking fund is £7 per square meter based on the size of the indoor area of the property.
Khlong Bang Phai MRT is the nearest MRT Station from IRIS Westgate 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 IRIS Westgate you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
£23
1st Installment
Upon contract signing
£93
2nd Installment
On handover
100%

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

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Nonthaburi
Bang Rak Phatthana

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby IRIS Westgate

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Monthly Rentals
Year Built
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Number of units
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▼ -35% underpriced
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Year Built
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Completion Status
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Project Name
Baan Sinpetch
Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
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Year Built
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Completion Status
Completed
Project Name
Bang Yai Square
Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
115
Sales Prices
£30.1K
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
N/A
Sales Prices
£30.1K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Bang Rak Phatthana, Bang Bua Thong, Nonthaburi
Number of units
150
Sales Prices
£33.5K - £160K
Monthly Rentals
£139 - £231
Year Built
Jan 2007
Completion Status
Completed
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