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    1 Bedroom Condo for sale at IRIS Westgate
    Bang Rak Phatthana, Bang Bua Thong,Nonthaburi
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    Sale Price
    £63,400
    Request Details

    1 Bedroom Condo for sale at IRIS Westgate

     (Write Review)
    Bang Rak Phatthana, Bang Bua Thong,Nonthaburi
    Unit ID: U1957283
    4% Rental Yield
    1 Bedroom
    1 Bathroom
    40.15 SqM Size
    3 Floor
    Dec 2017 Completed
     (Write Review)
    Sale Price
    £63,400
    7

    About This Condo

    This property is a 40.15 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 £63,400 (£1,580/SqM).

    Features

    BalconyBalcony

    Basic Information

    Date Listed Oct 29, 2024
    Updated N/A
    Property Type Condo
    Floor 3
    Bedroom 1
    Size 40.15 SqM
    Price per SqM £1,580
    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.
    £37/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U1957283

    Investment Opportunity: Charges & Yield

    Sale Price
    £63,400
    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.
    £37/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

    • All
    • Fitness
    • Leisure
    4
    • Communal Pool
      1st Floor
    • Communal Gym
      3rd Floor

    Available Units at IRIS Westgate

    For Sale 15 For Rent 1
    • All
    • Studio
    • 1 Bed
    Available Units at IRIS Westgate
    £52,900
    £1,590/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
    £53,800
    £1,600/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
    £54,500
    £1,630/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
    £37,300
    £1,430/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 26 SqM Size
    Floor 6 Floor
    Thai Quota Unfurnished City View
    Available Units at IRIS Westgate
    £30,100
    £1,250/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
    £53,600
    £1,620/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 33 SqM Size
    Floor 5 Floor
    Partly Furnished Unblocked Open View
    Available Units at IRIS Westgate
    £32,400
    £1,300/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
    £61,100
    £1,530/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
    £62,200
    £1,550/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
    £62,200
    £1,550/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
    £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
    £63,800
    £1,590/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
    £63,900
    £1,590/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
    £63,900
    £1,590/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
    £64,100
    £1,600/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 40.17 SqM Size
    Floor 3 Floor
    Foreign Quota Unfurnished City View
    Get notified when new homes are being added to IRIS Westgate
    View All (15)

    Loan Calculator

    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 £37 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

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