1 Bedroom Condo for sale at Knightsbridge Space Ratchayothin

(1 Review)
Chatuchak, Chatuchak,Bangkok
Unit ID: U626412
5% Rental Yield
1 Bedroom
1 Bathroom
40 SqM Size
20 Floor
Dec 2020 Completed

About This Condo

This property is a 40 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Knightsbridge Space Ratchayothin project in Chatuchak, Bangkok and was completed in Dec 2020. You can buy this condo for a base price of ฿5,590,000 (฿139,750/SqM).

Features

BalconyBalcony Direct access to BTS/MRTDirect access to BTS/MRT

Basic Information

Date Listed Jul 15, 2020
Updated 3 years ago
Property Type Condo
Floor 20
Bedroom 1
Size 40 SqM
Price per SqM ฿139,750
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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) N/A
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.
฿2,720/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U626412

Investment Opportunity: Charges & Yield

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.
฿2,720/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.
22
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 Knightsbridge Space Ratchayothin, and the current sales price.
5%

Project Details

Developer: Origin Property
Construction: Completed (Dec 2020)
Floors: 33
Buildings: 1
Units: 488
Project Area: 4,296 SqM
Nearest Landmark Phahonyothin 24 BTS - 0.1 Km
Location: Chatuchak, Bangkok
Knightsbridge Space Ratchayothin Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Reception / Lobby Area Reception / Lobby Area
Massage Room Massage Room
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access
Shuttle Bus Shuttle Bus
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Frequently Asked Questions

No pets are allowed at Knightsbridge Space Ratchayothin 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 ฿68 per square meter based on the size of indoor area of the property and is ฿2,720 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 Knightsbridge Space Ratchayothin the required payment for the sinking fund is ฿680 per square meter based on the size of the indoor area of the property.
Phahonyothin 24 BTS is the nearest BTS Station from Knightsbridge Space Ratchayothin 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 Knightsbridge Space Ratchayothin 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A great condo in a great location near BTS station
Hirohashi Nakamoto, Japan, 3 years ago
I decided to buy this condo's plus-size one-bedroom unit because of the location, which is amazingly fertile in every way. It is convenient to travel by private car or by public transportation. It is close to the Ratchayothin Intersection and Phahonyothin 24 BTS, as well as several community malls. However, the room's design in the loft-style is probably the most impressive, with high ceilings and a two-story room. I can say that it is truly unique. Furthermore, the common area is fully accessible in Double Volume, with an 8-meter ceiling height. Also, there are plenty of them in the parking lot, so you won't have to fight for a spot. Although the price is a little high, I believe it is well worth it.
Bangkok
Chatuchak

Neighborhood Overview

Location and Neighborhood

Street View

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