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    1 Bedroom Condo for sale at Ratchathewi Tower
    Thanon Phaya Thai, Ratchathewi,Bangkok
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    Sale Price
    £114,000
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    1 Bedroom Condo for sale at Ratchathewi Tower

     (Write Review)
    Thanon Phaya Thai, Ratchathewi,Bangkok
    Unit ID: U1692088
    3% Rental Yield
    1 Bedroom
    1 Bathroom
    35 SqM Size
    18 Floor
    Jan 2009 Completed
     (Write Review)
    Sale Price
    £114,000
    10

    About This Condo

    This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Thanon Phaya Thai, Bangkok and was completed in Jan 2009. You can buy this condo for a base price of £114,000 (£3,250/SqM).

    Newly renovated 1 BR. Only 190 m. fr BTS Ratchatewi

    Recently renovated and fully furnished one-bedroom condo for sale by the owner, situated in the prime area of Bangkok. Just a 3-minute walk to BTS Ratchatewi (one stop from BTS Siam) or a 6-minute walk to the Airport link (direct train to Suwanaphumi Airport). Ideal for city lives or as an investment for rental income and capital gain. This excellent location is in the heart of Bangkok's CBD, with high-end shopping malls, restaurants, universities, and cafes within walking distance.   Key Features:  Electrical wiring and plumbing systems upgraded. Complete set of furniture as shown in the pictures. Digital door lock with fingerprint scan and mobile application control, Smart curtains, Touchscreen mirror, Stylish wall-hung toilet with a concealed water tank, Rain shower, Franke induction cooker, Two-meter closet with soft close, CCTV within the living room, Two air conditioners, Parking space  Foreigner quota, Pet-friendly environment.

    Features

    BalconyBalcony Fully RenovatedFully Renovated (2023) Renovated KitchenRenovated Kitchen (2023) Renovated BathroomRenovated Bathroom (2023)

    Basic Information

    Date Listed Nov 28, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 18
    Bedroom 1
    Size 35 SqM
    Price per SqM £3,250
    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
    Furniture
    A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
    Fully Furnished
    View(s) City View, Unblocked Open View
    Unit Type N/A
    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.
    £321/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1692088

    Investment Opportunity: Charges & Yield

    Sale Price
    £114,000
    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.
    £321/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.
    38
    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 Ratchathewi Tower, and the current sales price.
    3%

    Project Details

    Project Name: Ratchathewi Tower
    Developer: N/A
    Construction: Completed (Jan 2009)
    Floors: 23
    Buildings: N/A
    Units: 340
    Project Area: N/A
    Nearest Landmark Ratchathewi BTS - 0.2 Km
    Location: Thanon Phaya Thai, Bangkok
    Ratchathewi Tower Project Details

    Project Features

    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at Ratchathewi Tower

    For Sale 1 For Rent 7
    • All
    • 1 Bed
    Get notified when new homes are being added to Ratchathewi Tower
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    Frequently Asked Questions

    No pets are allowed at Ratchathewi Tower unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Ratchathewi BTS is the nearest BTS Station from Ratchathewi Tower and it is 0.2 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 Ratchathewi Tower you have to follow these steps:

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

     


    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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    Bangkok
    Thanon Phaya Thai

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