1 Bedroom Condo for sale at Smart Condo Watcharapol

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Tha Raeng, Bang Khen,Bangkok
Unit ID: U218439
6% Rental Yield
1 Bedroom
1 Bathroom
31 SqM Size
3 Floor
Jun 2011 Completed

About This Condo

This property is a 31 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Smart Condo Watcharapol project in Tha Raeng, Bangkok and was completed in Jun 2011. You can buy this condo for a base price of ฿1,100,099 (฿35,487/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Oct 2, 2019
Updated 4 years ago
Property Type Condo
Floor 3
Bedroom 1
Size 31 SqM
Price per SqM ฿35,487
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Garden 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.
฿1,085/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U218439

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.
฿1,085/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.
15
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 Smart Condo Watcharapol, and the current sales price.
6%

Project Details

Project Name: Smart Condo Watcharapol
Developer: N/A
Construction: Completed (Jun 2011)
Floors: 8
Buildings: N/A
Units: 724
Project Area: N/A
Nearest Landmark Synphaet Ramintra Hospital - 5.8 Km
Location: Tha Raeng, Bangkok
Smart Condo Watcharapol Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
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Frequently Asked Questions

No pets are allowed at Smart Condo Watcharapol 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,085 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.
Synphaet Ramintra Hospital is the nearest Hospital from Smart Condo Watcharapol and it is 5.8 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 Smart Condo Watcharapol 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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FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
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Bangkok
Tha Raeng

Neighborhood Overview

Location and Neighborhood

Street View

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