1 Bedroom Condo for sale at Ratchathewi Tower

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Thanon Phaya Thai, Ratchathewi,Bangkok
Unit ID: U1692088
3% Rental Yield
1 Bedroom
1 Bathroom
35 SqM Size
18 Floor
Jan 2009 Completed

About This Condo

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Ratchathewi Tower project in Thanon Phaya Thai, Bangkok and was completed in Jan 2009. You can buy this condo for a base price of ฿4,900,000 (฿140,000/SqM).

Newly renovated 1 BR. Only 190 m. fr BTS Ratchatewi

Recently renovated and fully furnished one-bedroom condo for sale by the owner, situated in the prime area of Bangkok. Just a 3-minute walk to BTS Ratchatewi (one stop from BTS Siam) or a 6-minute walk to the Airport link (direct train to Suwanaphumi Airport). Ideal for city lives or as an investment for rental income and capital gain. This excellent location is in the heart of Bangkok's CBD, with high-end shopping malls, restaurants, universities, and cafes within walking distance.   Key Features:  Electrical wiring and plumbing systems upgraded. Complete set of furniture as shown in the pictures. Digital door lock with fingerprint scan and mobile application control, Smart curtains, Touchscreen mirror, Stylish wall-hung toilet with a concealed water tank, Rain shower, Franke induction cooker, Two-meter closet with soft close, CCTV within the living room, Two air conditioners, Parking space  Foreigner quota, Pet-friendly environment.

Features

BalconyBalcony Fully RenovatedFully Renovated (2023) Renovated KitchenRenovated Kitchen (2023) Renovated BathroomRenovated Bathroom (2023)

Basic Information

Date Listed Nov 28, 2023
Updated 5 months ago
Property Type Condo
Floor 18
Bedroom 1
Size 35 SqM
Price per SqM ฿140,000
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%.

Foreign 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) City View, Unblocked Open 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.
฿13,860/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1692088

Investment Opportunity: Charges & Yield

Sale Price
฿4,900,000
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.
฿13,860/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.
32
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 Ratchathewi Tower, and the current sales price.
3%

Project Details

Project Name: Ratchathewi Tower
Developer: N/A
Construction: Completed (Jan 2009)
Floors: 23
Buildings: N/A
Units: 340
Project Area: N/A
Nearest Landmark Ratchathewi BTS - 0.2 Km
Location: Thanon Phaya Thai, Bangkok
Ratchathewi Tower Project Details

Project Features

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

Available Units at Ratchathewi Tower

For Sale 1 For Rent 5
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Frequently Asked Questions

No pets are allowed at Ratchathewi Tower unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Ratchathewi BTS is the nearest BTS Station from Ratchathewi Tower and it is 0.2 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 Ratchathewi Tower 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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Bangkok
Thanon Phaya Thai

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