1 Bedroom Condo for sale at The Niche ID - Rama 2

(1 Review)
Bang Mot, Chom Thong,Bangkok
Unit ID: U1849032
6% Rental Yield
1 Bedroom
1 Bathroom
29.82 SqM Size
8 Floor
Dec 2014 Completed

About This Condo

This property is a 29.82 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Mot, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of £34,000 (£1,140/SqM).

Features

Pool AccessPool Access Garden AccessGarden Access Covered ParkingCovered Parking

Basic Information

Date Listed May 25, 2024
Updated 1 month ago
Property Type Condo
Floor 8
Bedroom 1
Size 29.82 SqM
Price per SqM £1,140
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%.

Thai 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
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.
£27/mo
Listed By
Each listing provided by partnered agents is individually verified by LivePhuket. Partner Agents work for different brokerages or property management companies but have teamed up with LivePhuket so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1849032

Investment Opportunity: Charges & Yield

Sale Price
£34,000
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.
£27/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.
17
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 The Niche ID - Rama 2, and the current sales price.
6%

Project Details

Project Name: The Niche ID - Rama 2
Developer: N/A
Construction: Completed (Dec 2014)
Floors: 8
Buildings: N/A
Units: 616
Project Area: N/A
Nearest Landmark Chom Thong Train Station - 2.7 Km
Location: Bang Mot, Bangkok
The Niche ID - Rama 2 Project Details

Project Features

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

Available Units at The Niche ID - Rama 2

For Sale 6 For Rent 4
Get notified when new homes are being added to The Niche ID - Rama 2
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Frequently Asked Questions

The common area maintenance fee is £1 per square meter based on the size of indoor area of the property and is £27 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 The Niche ID - Rama 2 the required payment for the sinking fund is £11 per square meter based on the size of the indoor area of the property.
Chom Thong Train Station is the nearest Railway Station from The Niche ID - Rama 2 and it is 2.7 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 The Niche ID - Rama 2 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

Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A condo next to Rama 2 Road
Warunee W., Thailand, 7 years ago
I bought a one-bedroom unit in this condo because I like the room's decoration and design. This condo is located on Rama 2 Road, near shopping malls and hospitals. It is also convenient to travel because the expressway entrance and exit are only 850 meters away. The project includes a variety of facilities, such as the swimming pool, the fitness center, the shop, etc. The overall atmosphere is relaxed, peaceful and quiet, with nice neighbors. Plus, there is a golf cart shuttle service and all staff is polite.
Bangkok
Bang Mot

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Niche ID - Rama 2

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Project Name
Niche ID Rama 2
Location
Bang Mot, Chom Thong, Bangkok
Number of units
322
Sales Prices
£35.4K - £42.2K
▼ -44% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
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Dec 2012
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Bang Mot, Chom Thong, Bangkok
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Bang Mot, Chom Thong, Bangkok
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Location
Bang Mot, Chom Thong, Bangkok
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15
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Year Built
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Completed
Location
Bang Mot, Chom Thong, Bangkok
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£101K
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Bang Mot, Chom Thong, Bangkok
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