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    3 Bedroom Condo for sale at Formosa Ratchayotin
    Chatuchak, Chatuchak,Bangkok
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    Sale Price
    £580,000
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    3 Bedroom Condo for sale at Formosa Ratchayotin

     (Write Review)
    Chatuchak, Chatuchak,Bangkok
    Unit ID: U1654476
    6% Rental Yield
    3 Bedrooms
    3 Bathrooms
    147.61 SqM Size
    5 Floor
    Jan 2022 Completed
     (Write Review)
    Sale Price
    £580,000
    7

    About This Condo

    This property is a 147.61 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Chatuchak, Bangkok and was completed in Jan 2022. You can buy this condo for a base price of £580,000 (£3,930/SqM) and it is also available for long term rentals starting from £2,780 per month.

    Duplex Garden House 3 bedrooms Formosa Ratchayothin

    Project Name | Formosa Ratchayothin CondominiumDeveloper | Thai – One Property Co., Ltd.Construction Complete | May 2021Land Area | 0-2-63 RaiHigh | 6Total Building | 1Total Unit | 15Room Type | Duplex Garden House 3 bedrooms, 3 bathrooms with Bathtub and Maid Room with Bathroom, living room, kitchen, dining area and Special Large balconyFloor | 5-6Area | 147.61 Sq.m.Rental Price | THB120,000/month ( Fully Furnished with Pet Friendly )Sale Price | THB25,000,000 ( Transfer Fee | 50 : 50 By the Seller and Buyer )Ceiling High | 3 m.Included | Air Condition in all rooms, Kitchen, Washing Machine, Refrigerator, Electric Hob with Hood, Microwave and water heater in all bathroom.Location | Phaholyothin 26 ( BTS Phaholyothin 24 )The area directly surrounding the project location features :- 120 m. to BTS Phaholyothin 24- Tesco Lotus- Hor Wang School- Central Ladprao- Major Ratchayothin- Union Mall- Paolo Hospital- Kasetsart UniversityFacility ( 2nd Floor ) :- Lobby- Swimming Pool- Fitness Room.- CCTV/Key card accessGeneral Service :- 2 passenger elevators- CCTV.- 24 hours security guard.- Car Park- All pets must be kept on a leash and under control at all times while in public area of Formosa Ratchayothin.Minimum Rental Contract | 1 year contract with 2 month deposits and rental 1 month in advance.Remark | This condition is subject to change without prior notice.For more information or visit this condominium.

    Features

    TerraceTerrace BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Nov 7, 2024
    Updated 1 month ago
    Property Type Condo
    Floor 5
    Bedrooms 3
    Size 147.61 SqM
    Price per SqM £3,930
    Pets Cats and Dogs (small only)
    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%.

    Company
    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.
    N/A
    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 U1654476

    Investment Opportunity: Charges & Yield

    Sale Price
    £580,000
    Rent
    £2,780/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    6%

    Project Details

    Project Name: Formosa Ratchayotin
    Developer: N/A
    Construction: Completed (Jan 2022)
    Floors: 6
    Buildings: N/A
    Units: 15
    Project Area: N/A
    Nearest Landmark Phahonyothin 24 BTS - 0.1 Km
    Location: Chatuchak, Bangkok
    Formosa Ratchayotin Project Details

    Project Features

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

    Available Units at Formosa Ratchayotin

    For Sale 1 For Rent 11
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    Frequently Asked Questions

    All kind of pets are allowed at Formosa Ratchayotin including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Phahonyothin 24 BTS is the nearest BTS Station from Formosa Ratchayotin and it is 0.1 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 Formosa Ratchayotin 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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    Chatuchak

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