1 Bedroom Condo for sale at Metro Luxe Rama 4

(2 Reviews)
Khlong Toei, Khlong Toei,Bangkok
Unit ID: U83348
4% Rental Yield
1 Bedroom
1 Bathroom
34.57 SqM Size
Dec 2016 Completed

About This Condo

This property is a 34.57 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Metro Luxe Rama 4 project in Khlong Toei, Bangkok and was completed in Dec 2016. You can buy this condo for a base price of ฿3,900,000 (฿112,815/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Condo
Floor N/A
Bedroom 1
Size 34.57 SqM
Price per SqM ฿112,815
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
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View, Pool 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.
฿1,556/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 U83348

Price Analysis

Great Price
Estimated market value ฿4,569,437
Great
฿4,890,000
Good
Fair
Above
฿5,010,000
Current asking Price: ฿3,900,000 | Rental estimate: ฿14,600/mo
This condo is ฿669,437 BELOW MARKET (-15%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿3,900,000
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.
฿1,556/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 Metro Luxe Rama 4, and the current sales price.
4%

Project Details

Project Name: Metro Luxe Rama 4
Developer: Property Perfect
Construction: Completed (Dec 2016)
Floors: 8
Buildings: 3
Units: 478
Project Area: 6,711 SqM
Nearest Landmark Ekkamai BTS - 6.1 Km
Location: Khlong Toei, Bangkok
Metro Luxe Rama 4 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
Communal Garden Area Communal Garden Area

Popular Facilities at Metro Luxe Rama 4

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Metro Luxe Rama 4

For Sale 8 For Rent 7
Get notified when new homes are being added to Metro Luxe Rama 4
View All (8)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Metro Luxe Rama 4 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 ฿45 per square meter based on the size of indoor area of the property and is ฿1,556 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 Metro Luxe Rama 4 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Ekkamai BTS is the nearest BTS Station from Metro Luxe Rama 4 and it is 6.1 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 Metro Luxe Rama 4 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

4.2 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Next to Bangkok University( literally across the street)
Marciano brewster, Netherlands, Visitor, 3 years ago
This project is perfect as investment opportunity because the university is next door. The occupancy rates for affordable condo's around Bangkok University is almost 100%. The project fits the student target group perfectly.
Luxury condo near Bangkok University
Preeyanuch Suksee, Thailand, 4 years ago
The condo is located in Soi Bangkok University. There are many restaurants nearby. The atmosphere within the project is shady. There is a large swimming pool and complete facilities. The residents here are working age and students of Bangkok University. The rooms are luxurious and decorated with classy furnishings, and it is well proportioned even though the studio that I rented is not very wide.
Bangkok
Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Metro Luxe Rama 4

Location
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
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
887
Sales Prices
฿2.39M - ฿9.8M
▼ -4% underpriced
Monthly Rentals
฿8K - ฿22K
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Project Name
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Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
1178
Sales Prices
฿3.79M - ฿14.9M
▲ 6.8% overpriced
Monthly Rentals
฿17K - ฿55K
Year Built
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Completion Status
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Project Name
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Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
105
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฿4.61M - ฿16.4M
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฿15K - ฿40K
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Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
229
Sales Prices
฿10.1M - ฿25.3M
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Monthly Rentals
฿32K - ฿38K
Year Built
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Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
24
Sales Prices
฿18.5M - ฿18.8M
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Monthly Rentals
฿60K - ฿90K
Year Built
Mar 2018
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
467
Sales Prices
฿4.1M - ฿17.9M
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Monthly Rentals
฿13K - ฿55K
Year Built
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Completion Status
Completed
Project Name
Aspire Rama 4
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
1432
Sales Prices
฿2M - ฿5.2M
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Monthly Rentals
฿8.5K - ฿22K
Year Built
Dec 2011
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
272
Sales Prices
฿5.8M - ฿17.2M
▼ -17% underpriced
Monthly Rentals
฿19K - ฿50K
Year Built
Jan 2020
Completion Status
Completed
Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
128
Sales Prices
฿4.39M - ฿9.9M
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Monthly Rentals
฿18K - ฿28K
Year Built
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Completion Status
Completed
Project Name
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Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
137
Sales Prices
฿5.2M - ฿13M
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Monthly Rentals
฿18K - ฿50K
Year Built
Jan 1992
Completion Status
Completed
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