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    Studio Condo for sale at Diamond Ratchada Place 2
    Chantharakasem, Chatuchak,Bangkok
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    Sale Price
    £13,400
    Request Details

    Studio Condo for sale at Diamond Ratchada Place 2

     (Write Review)
    Chantharakasem, Chatuchak,Bangkok
    Unit ID: U1705726
    7% Rental Yield
    Studio Bedroom
    1 Bathroom
    27 SqM Size
    5 Floor
    Jan 1997 Completed
     (Write Review)
    Sale Price
    £13,400
    13

    About This Condo

    This property is a 27 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Chantharakasem, Bangkok and was completed in Jan 1997. You can buy this condo for a base price of £13,400 (£497/SqM).

    URGENT SALE DIAMOND CONDO RATCHADA PLACE 2

    URGENT SALE, FOREIGN QUOTA, DIAMOND PLACE CONDO 2 RATCHADA 32, STUDIO 27 SQM. Condo available for sale in Ratchadapisek , located near many cafes schools and medical centres in a very prime location with average asking prices for per sqm/38 k baht .  STUDIO APARTMENT 1 BEDROOM 1 BATHROOM Freehold property 5TH FLOOR / 5103   The condo has : 24 H security card access 24 h CCTV Elevator for all floors Grocery store / Nail Salon  Parking for cars / motorcycles. Nearest MRT : MRT LAT PHRAO,Places of interest nearby :   MRT LAT PHRAO 2.3 KM CIVIC COURT 750 M Par Masters Golf Club 1 KM Rajabhat Chankasem University 800 M   Great investment property you can rent out or just keep for having property in a very prime location .

    Features

    BalconyBalcony

    Basic Information

    Date Listed Dec 25, 2023
    Updated 10 months ago
    Property Type Condo
    Floor 5
    Bedroom Studio
    Size 27 SqM
    Price per SqM £497
    Pets N/A
    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
    Unfurnished
    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.
    £11/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1705726

    Investment Opportunity: Charges & Yield

    Sale Price
    £13,400
    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.
    £11/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.
    13
    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 studio condos at Diamond Ratchada Place 2, and the current sales price.
    7%

    Project Details

    Project Name: Diamond Ratchada Place 2
    Developer: N/A
    Construction: Completed (Jan 1997)
    Floors: 9
    Buildings: N/A
    Units: 2
    Project Area: N/A
    Nearest Landmark Lat Phrao MRT - 1.5 Km
    Location: Chantharakasem, Bangkok
    Diamond Ratchada Place 2 Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at Diamond Ratchada Place 2

    For Sale 1 For Rent 1
    • All
    • Studio
    Get notified when new homes are being added to Diamond Ratchada Place 2
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    Frequently Asked Questions

    Lat Phrao MRT is the nearest MRT Station from Diamond Ratchada Place 2 and it is 1.5 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 Diamond Ratchada Place 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

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    Bangkok
    Chantharakasem

    Neighborhood Overview

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