1 Bedroom Condo for sale at Supalai Veranda Ratchavipha - Prachachuen

(1 Review)
Bang Sue, Bang Sue,Bangkok
Unit ID: U663018
5% Rental Yield
1 Bedroom
1 Bathroom
45 SqM Size
28 Floor
Jan 2017 Completed

About This Condo

This property is a 45 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Supalai Veranda Ratchavipha - Prachachuen project in Bang Sue, Bangkok and was completed in Jan 2017. You can buy this condo for a base price of ฿3,200,000 (฿71,111/SqM) and it is also available for long term rentals starting from ฿12,000 per month.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Feb 15, 2021
Updated 3 years ago
Property Type Condo
Floor 28
Bedroom 1
Size 45 SqM
Price per SqM ฿71,111
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) City 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.
฿1,575/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U663018

Price Analysis

Great Price
Estimated market value ฿5,360,486
Great
฿4,780,000
Good
Fair
Above
฿5,680,000
Current asking Price: ฿3,200,000 | Advertised rental rate: ฿12,000/mo
This condo is ฿2,160,486 BELOW MARKET (-40%) 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
฿3,200,000
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.
฿1,575/mo
Rent
฿12,000/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Developer: N/A
Construction: Completed (Jan 2017)
Floors: 29
Buildings: N/A
Units: 1705
Project Area: N/A
Nearest Landmark Bang Son MRT - 0.4 Km
Location: Bang Sue, Bangkok
Supalai Veranda Ratchavipha - Prachachuen Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Library / Reading Room Library / Reading Room
Lounge Lounge
Kids Club Kids Club

Available Units at Supalai Veranda Ratchavipha - Prachachuen

For Sale 9 For Rent 5
Get notified when new homes are being added to Supalai Veranda Ratchavipha - Prachachuen
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Frequently Asked Questions

No pets are allowed at Supalai Veranda Ratchavipha - Prachachuen 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 ฿1,575 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 Supalai Veranda Ratchavipha - Prachachuen the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.
Bang Son MRT is the nearest MRT Station from Supalai Veranda Ratchavipha - Prachachuen and it is 0.4 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 Supalai Veranda Ratchavipha - Prachachuen 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
One of the best condos in Prachachuen
Boss Megan, United States, 3 years ago
It is classified as a good condo in the Prachachuen area. The project's facilities are fully functional. The project includes restaurants, cafes, beauty salons, and convenience stores. A taxi stand and a bus stop are in front of the project. The MRT station is about 3 minutes walking. Traveling is very comfortable and flexible. I rate it as a 5-star hotel; although there are many units, everything is perfectly designed. The common area is also proportional and large enough to support the residents well. The security guards are also very diligent and friendly. The room's interior is in a modern style. All furniture is fully furnished. Rental prices are more than reasonable for everything you get!
Bangkok
Bang Sue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Supalai Veranda Ratchavipha - Prachachuen

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Bang Sue, Bang Sue, Bangkok
Number of units
622
Sales Prices
฿1.65M - ฿3.98M
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
Location
Bang Sue, Bang Sue, Bangkok
Number of units
529
Sales Prices
฿2.49M - ฿4.63M
▼ -27% underpriced
Monthly Rentals
฿10K - ฿20K
Year Built
Feb 2015
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
1320
Sales Prices
฿2.27M - ฿4.96M
▼ -5.7% underpriced
Monthly Rentals
฿9K - ฿19K
Year Built
Dec 2017
Completion Status
Completed
Location
Bang Sue, Bang Sue, Bangkok
Number of units
559
Sales Prices
฿1.79M - ฿6.61M
▼ -10% underpriced
Monthly Rentals
฿8.5K - ฿13K
Year Built
Nov 2016
Completion Status
Completed
Location
Bang Sue, Bang Sue, Bangkok
Number of units
4000
Sales Prices
฿1.7M
Monthly Rentals
฿7.5K - ฿15K
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Sue, Bang Sue, Bangkok
Number of units
4000
Sales Prices
฿1.39M - ฿1.75M
▲ 28.5% overpriced
Monthly Rentals
฿7K - ฿16K
Year Built
Dec 2017
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
820
Sales Prices
฿1.89M - ฿1.99M
Monthly Rentals
฿6.5K - ฿8.5K
Year Built
Dec 2013
Completion Status
Completed
Location
Bang Sue, Bang Sue, Bangkok
Number of units
622
Sales Prices
฿2.47M - ฿4.35M
▼ -41.5% underpriced
Monthly Rentals
฿11K
Year Built
Dec 2009
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
745
Sales Prices
฿1.88M - ฿4.48M
Monthly Rentals
฿10K - ฿16K
Year Built
Jan 2013
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
N/A
Sales Prices
฿800K - ฿850K
Monthly Rentals
N/A
Year Built
Oct 2007
Completion Status
Completed
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