1 Bedroom Condo for sale at Whizdom Avenue Ratchada - Ladprao

(1 Review)
Chomphon, Chatuchak,Bangkok
Unit ID: U34628
4% Rental Yield
1 Bedroom
1 Bathroom
30.90 SqM Size
6 Floor
Dec 2016 Completed

About This Condo

This property is a 30.90 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Whizdom Avenue Ratchada - Ladprao project in Chomphon, Bangkok and was completed in Dec 2016. You can buy this condo for a base price of ฿4,450,000 (฿144,013/SqM).

Basic Information

Date Listed Oct 6, 2017
Updated 3 years ago
Property Type Condo
Floor 6
Bedroom 1
Size 30.90 SqM
Price per SqM ฿144,013
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
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
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.
฿1,854/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U34628

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.
฿1,854/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.
23
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 Whizdom Avenue Ratchada - Ladprao, and the current sales price.
4%

Project Details

Construction: Completed (Dec 2016)
Floors: 27
Buildings: 1
Units: 497
Project Area: 4,978 SqM
Nearest Landmark Lat Phrao MRT
Location: Chomphon, Bangkok
Whizdom Avenue Ratchada - Ladprao Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Library / Reading Room Library / Reading Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Whizdom Avenue Ratchada - Ladprao

  • Communal Garden Area
    5th Floor
  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop
  • Reception / Lobby Area
    1st Floor
  • Library / Reading Room
    5th Floor
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Frequently Asked Questions

No pets are allowed at Whizdom Avenue Ratchada - Ladprao 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 ฿60 per square meter based on the size of indoor area of the property and is ฿1,854 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 Whizdom Avenue Ratchada - Ladprao the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Lat Phrao MRT is the nearest MRT Station from Whizdom Avenue Ratchada - Ladprao and it is 0 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.

 

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After you have found the right property at Whizdom Avenue Ratchada - Ladprao you have to follow these steps:

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

 


Payment plan
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
On handover
100%

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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.

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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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
High Rise Condo in the CBD area.
Amina Saeton, Thailand, 5 years ago
The condo I rented is a penthouse. The interior is very spacious and also decorated with quality furniture in a very elegant and modern style. This place also comes with complete facilities. I hardly ever have to go out on vacation because there are many facilities, like a swimming pool, fitness center, library, green garden, and on-site shop. The location of the project on Lat Phrao Road and nearby areas is quite complete since it is surrounded by convenience stores, grocery stores, drug stores, department stores like Central Ladprao, etc. Even getting around is convenient, with MRT Ladprao, located not far from the project. I use a car to travel regularly. Even if there is some traffic jam from time to time in the evening, I think this condo is a perfect option.
Bangkok
Chomphon

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