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    1 Bedroom Condo for sale at IVORY Ratchada-Ladprao
    Chantharakasem, Chatuchak,Bangkok
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    Sale Price
    £88,900
    Schedule Viewing

    1 Bedroom Condo for sale at IVORY Ratchada-Ladprao

     (Write Review)
    Chantharakasem, Chatuchak,Bangkok
    Unit ID: U1659736
    5% Rental Yield
    1 Bedroom
    1 Bathroom
    33.42 SqM Size
    3 Floor
    Aug 2022 Completed
     (Write Review)
    Sale Price
    £88,900
    5

    About This Condo

    This property is a 33.42 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chantharakasem, Bangkok and was completed in Aug 2022. You can buy this condo for a base price of £88,900 (£2,660/SqM).

    Features

    Wet BarWet Bar BalconyBalcony

    Basic Information

    Date Listed Aug 30, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 3
    Bedroom 1
    Size 33.42 SqM
    Price per SqM £2,660
    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
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Built In
    View(s) City View
    Unit Type 1BR Plus
    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.
    £38/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1659736

    Investment Opportunity: Charges & Yield

    Sale Price
    £88,900
    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.
    £38/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.
    19
    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 IVORY Ratchada-Ladprao, and the current sales price.
    5%

    Project Details

    Project Name: IVORY Ratchada-Ladprao
    Developer: Asset Wise Co., Ltd.
    Construction: Completed (Aug 2022)
    Floors: 8
    Buildings: 1
    Units: 204
    Project Area: 2,432 SqM
    Nearest Landmark Lat Phrao MRT - 1.2 Km
    Location: Chantharakasem, Bangkok
    IVORY Ratchada-Ladprao Project Details

    Project Features

    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Walking / Running Track Walking / Running Track
    Communal Garden Area Communal Garden Area
    Shuttle Bus Shuttle Bus

    Popular Facilities at IVORY Ratchada-Ladprao

    • All
    • Fitness
    • Leisure
    • Convenience
    6
    • Communal Pool
      1st Floor
    • Communal Gym
      1st Floor
    • Reception / Lobby Area
      1st Floor
    • Communal Garden Area
      Rooftop

    Available Units at IVORY Ratchada-Ladprao

    For Sale 6 For Rent 5
    • All
    • 1 Bed
    Get notified when new homes are being added to IVORY Ratchada-Ladprao
    View All (6)

    Loan Calculator

    Payment Plan

    Payment Plan
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    15%
    1st Installment
    Upon contract signing
    15%
    2nd Installment
    On handover
    70%

    Frequently Asked Questions

    No pets are allowed at IVORY Ratchada-Ladprao 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 £38 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 IVORY Ratchada-Ladprao the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
    Lat Phrao MRT is the nearest MRT Station from IVORY Ratchada-Ladprao and it is 1.2 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 IVORY Ratchada-Ladprao you have to follow these steps:

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

     


    Payment Plan
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    15%
    1st Installment
    Upon contract signing
    15%
    2nd Installment
    On handover
    70%

    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

    Reviews

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    Bangkok
    Chantharakasem

    Neighborhood Overview

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    ▼ -19% underpriced
    Monthly Rentals
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    Location
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    Sales Prices
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    Location
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    Number of units
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    Sales Prices
    £43.7K - £71.5K
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    Monthly Rentals
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    Year Built
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    Completion Status
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    Location
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    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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    Project Name
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    Location
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Completion Status
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    Number of units
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    ▼ -40% underpriced
    Monthly Rentals
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    Year Built
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    Project Name
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    Location
    Chantharakasem, Chatuchak, Bangkok
    Number of units
    6
    Sales Prices
    £427K - £617K
    ▲ 10.6% overpriced
    Monthly Rentals
    £2.78K
    Year Built
    Jun 2021
    Completion Status
    Completed
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