1 Bedroom Condo for sale at Park Origin Ratchathewi

 (Write Review)
Thanon Phet Buri, Ratchathewi,Bangkok
Unit ID: U1379944
4% Rental Yield
1 Bedroom
1 Bathroom
40 SqM Size
29 Floor
Dec 2022 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 Park Origin Ratchathewi project in Thanon Phet Buri, Bangkok and was completed in Dec 2022. You can buy this condo for a base price of ฿9,890,000 (฿247,250/SqM).

Features

DuplexDuplex BalconyBalcony MicrowaveMicrowave

Basic Information

Date Listed Feb 27, 2023
Updated 1 year ago
Property Type Condo
Floor 29
Bedroom 1
Size 40 SqM
Price per SqM ฿247,250
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
Unfurnished
View(s) City View
Unit Type N/A
Building Park Origin Ratchathewi
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.
฿3,800/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1379944

Investment Opportunity: Charges & Yield

Sale Price
฿9,890,000
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.
฿3,800/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.
25
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 Park Origin Ratchathewi, and the current sales price.
4%

Project Details

Project Name: Park Origin Ratchathewi
Developer: Origin Property
Construction: Completed (Dec 2022)
Floors: 41
Buildings: 1
Units: 264
Project Area: 1,600 SqM
Nearest Landmark Ratchathewi BTS - 0.5 Km
Location: Thanon Phet Buri, Bangkok
Park Origin Ratchathewi 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
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Mini Theater Mini Theater
Lounge Lounge

Popular Facilities at Park Origin Ratchathewi

  • Communal Pool
    40th Floor
  • Communal Gym
    40th Floor
  • Yoga Area
    40th Floor
  • Mini Theater
    39th Floor

Available Units at Park Origin Ratchathewi

For Sale 12 For Rent 7
Get notified when new homes are being added to Park Origin Ratchathewi
View All (12)

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Frequently Asked Questions

No pets are allowed at Park Origin Ratchathewi 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 ฿95 per square meter based on the size of indoor area of the property and is ฿3,800 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 Park Origin Ratchathewi the required payment for the sinking fund is ฿750 per square meter based on the size of the indoor area of the property.
Ratchathewi BTS is the nearest BTS Station from Park Origin Ratchathewi 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 Park Origin Ratchathewi you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

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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Bangkok
Thanon Phet Buri

Neighborhood Overview

Location and Neighborhood

Street View

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