2 Bedroom Condo for sale at Vertiq

(1 Review)
Maha Phruettharam, Bang Rak,Bangkok
Unit ID: U884746
4% Rental Yield
2 Bedrooms
2 Bathrooms
57 SqM Size
12 Floor
Dec 2012 Completed

About This Condo

This property is a 57 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Maha Phruettharam, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of £220,000 (£3,860/SqM).

Features

BalconyBalcony

Basic Information

Date Listed May 10, 2021
Updated 3 years ago
Property Type Condo
Floor 12
Bedrooms 2
Size 57 SqM
Price per SqM £3,860
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
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly 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.
£66/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U884746

Investment Opportunity: Charges & Yield

Sale Price
£220,000
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.
£66/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.
23
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 2 bedroom condos at Vertiq, and the current sales price.
4%

Project Details

Project Name: Vertiq
Developer: Siamnuwat Co.,Ltd.
Construction: Completed (Dec 2012)
Floors: 23
Buildings: N/A
Units: 196
Project Area: 2,468 SqM
Nearest Landmark Sam Yan MRT - 0.5 Km
Location: Maha Phruettharam, Bangkok
Vertiq 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
Sauna Sauna
Basketball Court Basketball Court

Available Units at Vertiq

For Sale 8 For Rent 5
Get notified when new homes are being added to Vertiq
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Frequently Asked Questions

No pets are allowed at Vertiq 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 ฿50 per square meter based on the size of indoor area of the property and is ฿2,850 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 Vertiq the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Sam Yan MRT is the nearest MRT Station from Vertiq and it is 0.5 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 Vertiq 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

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The luxurious and cozy condo
Gungu Bania, India, 7 years ago
I've rented the condo here for many months, which is very impressive. The location is nice, close to the famous ICONSIAM and Siam Paragon shopping malls, where I could spend the whole day when getting bored. It is also easily accessible everywhere as it is only 400 meters away from Sam Yan MRT. Anyway, I rented a 1 bedroom unit with a spacious living area and well- proportioned. The furniture is also modern, including kitchen appliances, washing machines, and other electric appliances. Moreover, the project facilities are as complete as other condos, which include the swimming pool, rooftop gym, large communal garden, car parking and an excellent security system. For those looking for a luxurious condo close to Sam Yan MRT, here is one of the interesting condo options.
Bangkok
Maha Phruettharam

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Vertiq

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Si Phraya, Bang Rak, Bangkok
Number of units
774
Sales Prices
£148K - £454K
▲ 25% overpriced
Monthly Rentals
£411 - £1.26K
Year Built
Jan 2023
Completion Status
Completed
Project Name
Wish @ Samyan
Location
Maha Phruettharam, Bang Rak, Bangkok
Number of units
465
Sales Prices
£105K - £251K
▼ -27.5% underpriced
Monthly Rentals
£411 - £799
Year Built
Dec 2010
Completion Status
Completed
Location
Maha Phruettharam, Bang Rak, Bangkok
Number of units
332
Sales Prices
£110K - £150K
▼ -13.4% underpriced
Monthly Rentals
£411 - £571
Year Built
Mar 2023
Completion Status
Completed
Location
Maha Phruettharam, Bang Rak, Bangkok
Number of units
1598
Sales Prices
£86.7K - £294K
▼ -2.3% underpriced
Monthly Rentals
£342 - £1.03K
Year Built
Sep 2016
Completion Status
Completed
Location
Maha Phruettharam, Bang Rak, Bangkok
Number of units
97
Sales Prices
£107K - £118K
▲ 23% overpriced
Monthly Rentals
£502 - £685
Year Built
Dec 2015
Completion Status
Completed
Project Name
Wall Street Tower
Location
Si Phraya, Bang Rak, Bangkok
Number of units
N/A
Sales Prices
£1.03M
Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
Location
Maha Phruettharam, Bang Rak, Bangkok
Number of units
418
Sales Prices
£150K - £794K
Monthly Rentals
N/A
Year Built
Jan 2027
Completion Status
Off Plan
Location
Si Phraya, Bang Rak, Bangkok
Number of units
277
Sales Prices
£161K - £331K
▼ -25% underpriced
Monthly Rentals
£662 - £1.14K
Year Built
Jun 2019
Completion Status
Completed
Location
Wang Mai, Bang Rak, Bangkok
Number of units
516
Sales Prices
£112K - £251K
Monthly Rentals
£616 - £1.48K
Year Built
Dec 2019
Completion Status
Completed
Project Name
Siamese Surawong
Location
Si Phraya, Bang Rak, Bangkok
Number of units
206
Sales Prices
£119K - £947K
▼ -16.7% underpriced
Monthly Rentals
£342 - £2.97K
Year Built
Jan 2015
Completion Status
Completed
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