2 Bedroom Condo for sale at 185 Rajadamri

(1 Review)
Lumphini, Pathum Wan,Bangkok
Unit ID: U1015156
3% Rental Yield
Tenant-Occupied until May 31, 2025
2 Bedrooms
2 Bathrooms
163 SqM Size
29 Floor
Dec 2012 Completed

About This Condo

This property is a 163 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the 185 Rajadamri project in Lumphini, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of ฿62,900,000 (฿385,890/SqM) and it is also available for long term rentals starting from ฿150,000 per month.

185 Rajadamri It is near Skytrain Rajadamri station 350 mete

Room Type: Duplex (2 storey in 1 unit between 29th-30th floor) Room Details: 2 Bedrooms/2 Bathrooms *Spacious Balcony with Outdoor Jacuzzi -Full set of kitchen and partly furniture (4 Air-conditions, Refrigerator, Oven, Microwave, Washing & Dryer machine) *Fixed Car-parking View: Wireless Road, Lumpini Park View, Luangsuan View

Features

JacuzziJacuzzi DuplexDuplex BalconyBalcony BathtubBathtub TVTV

Basic Information

Date Listed Jul 15, 2021
Updated 2 days ago
Property Type Condo
Floor 29
Bedrooms 2
Size 163 SqM
Price per SqM ฿385,890
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) Park View, City View, Unblocked Open View
Unit Type N/A
Building 185 Rajadamri
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.
฿13,040/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1015156

Price Analysis

Great Price
Estimated market value ฿73,934,311
Great
฿67,100,000
Good
Fair
Above
฿88,800,000
Current asking Price: ฿62,900,000 | Advertised rental rate: ฿150,000/mo
This condo is ฿11,034,311 BELOW MARKET (-15%) 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
฿62,900,000
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.
฿13,040/mo
Rent
฿150,000/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.
35
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.
3%

Project Details

Project Name: 185 Rajadamri
Developer: Raimon Land PCL.
Construction: Completed (Dec 2012)
Floors: 35
Buildings: 1
Units: 266
Project Area: 7,051 SqM
Nearest Landmark Ratchadamri BTS - 0.4 Km
Location: Lumphini, Bangkok
185 Rajadamri 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
Sauna Sauna
Yoga Area Yoga Area
Library / Reading Room Library / Reading Room
Pool / Snooker Table Pool / Snooker Table
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at 185 Rajadamri

  • Communal Gym
    7th Floor
  • Communal Pool
    7th Floor
  • Communal Pool
    7th Floor
  • Onsen
    7th Floor

Available Units at 185 Rajadamri

For Sale 30 For Rent 51
Available Units at 185 Rajadamri
฿48,000,000
฿406,780/SqM
Beds 2 Beds
Baths 2 Baths
Size 118 SqM Size
Floor 27 Floor
Fully Furnished City View
Updated 1 month ago
Available Units at 185 Rajadamri
฿46,000,000฿55,000,000
฿425,926/SqM
Beds 2 Beds
Baths 2 Baths
Size 108 SqM Size
Floor 9 Floor
Thai Quota Fully Furnished Park View
Updated 2 days ago
Available Units at 185 Rajadamri
฿62,900,000
฿385,890/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 163 SqM Size
Floor 29 Floor
Thai Quota Fully Furnished Park View
Available Units at 185 Rajadamri
฿100,000,000
฿457,331/SqM
Beds 3 Beds
Baths 4 Baths
Size 218.66 SqM Size
Floor 29 Floor
Foreign Quota Fully Furnished City View
Available Units at 185 Rajadamri
฿38,500,000
฿350,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 110 SqM Size
Floor 10 Floor
Available Units at 185 Rajadamri
฿180,000,000
฿465,116/SqM
Beds 4 Beds
Baths 4 Baths
Size 387 SqM Size
Floor 26 Floor
Fully Furnished City View
Available Units at 185 Rajadamri
฿200,000,000
฿547,945/SqM
Beds 3 Beds
Baths 4 Baths
Size 365 SqM Size
Floor 18 Floor
Fully Furnished River or Canal View
Available Units at 185 Rajadamri
฿39,900,000฿44,000,000
฿369,444/SqM
Beds 2 Beds
Baths 2 Baths
Size 108 SqM Size
Floor 13 Floor
Thai Quota Fully Furnished Golf Course View
Available Units at 185 Rajadamri
฿80,000,000
฿427,807/SqM
Beds 3 Beds
Baths 3 Baths
Size 187 SqM Size
Floor 15 Floor
Fully Furnished City View
Available Units at 185 Rajadamri
฿39,500,000
฿359,091/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 110 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
Available Units at 185 Rajadamri
฿68,000,000
฿419,753/SqM
Beds 2 Beds
Baths 3 Baths
Size 162 SqM Size
Floor 22 Floor
Unfurnished City View
Available Units at 185 Rajadamri
฿86,000,000
฿441,026/SqM
Beds 3 Beds
Baths 4 Baths
Size 195 SqM Size
Floor 20 Floor
Fully Furnished River or Canal View
Available Units at 185 Rajadamri
฿65,000,000
฿503,876/SqM
Beds 2 Beds
Baths 2 Baths
Size 129 SqM Size
Floor 17 Floor
Thai Quota Fully Furnished Park View
Available Units at 185 Rajadamri
฿155,000,000
฿424,658/SqM
Beds 5 Beds
Baths 6 Baths
Size 365 SqM Size
Floor 17 Floor
Fully Furnished Park View
Available Units at 185 Rajadamri
฿30,797,000
฿301,931/SqM
Beds 2 Beds
Baths 2 Baths
Size 102 SqM Size
Floor 12 Floor
Fully Furnished City View
Available Units at 185 Rajadamri
฿23,990,000
฿342,714/SqM
Beds 1 Beds
Baths 1 Baths
Size 70 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Available Units at 185 Rajadamri
฿45,500,000
฿425,234/SqM
Beds 2 Beds
Baths 2 Baths
Size 107 SqM Size
Floor 23 Floor
Unfurnished Golf Course View
Available Units at 185 Rajadamri
฿55,000,000
฿395,683/SqM
Beds 2 Beds
Baths 2 Baths
Size 139 SqM Size
Floor 8 Floor
Unfurnished City View
Available Units at 185 Rajadamri
฿35,000,000
฿341,630/SqM
Beds 2 Beds
Baths 2 Baths
Size 102.45 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished
Available Units at 185 Rajadamri
฿22,900,000
฿329,402/SqM
Beds 1 Beds
Baths 1 Baths
Size 69.52 SqM Size
Floor 17 Floor
Foreign Quota Fully Furnished
Available Units at 185 Rajadamri
฿23,900,000
฿343,786/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 69.52 SqM Size
Floor 25 Floor
Foreign Quota Fully Furnished
Available Units at 185 Rajadamri
฿60,000,000
฿458,015/SqM
Beds 2 Beds
Baths 2 Baths
Size 131 SqM Size
Floor 24 Floor
Foreign Quota Fully Furnished Park View
Available Units at 185 Rajadamri
฿42,000,000฿46,000,000
฿373,599/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 112.42 SqM Size
Floor 28 Floor
Thai Quota Fully Furnished Park View
Available Units at 185 Rajadamri
฿80,000,000
฿512,821/SqM
Beds 3 Beds
Baths 3 Baths
Size 156 SqM Size
Floor 16 Floor
Thai Quota Fully Furnished Park View
Available Units at 185 Rajadamri
฿38,000,000
฿351,982/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 107.96 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
Available Units at 185 Rajadamri
฿52,000,000
฿416,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 125 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Available Units at 185 Rajadamri
฿77,300,000
฿413,369/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 187 SqM Size
Floor 18 Floor
Thai Quota Fully Furnished City View
Available Units at 185 Rajadamri
฿90,000,000
฿403,587/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 223 SqM Size
Floor 18 Floor
Thai Quota City View
Available Units at 185 Rajadamri
฿38,500,000
฿350,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 110 SqM Size
Floor 10 Floor
Available Units at 185 Rajadamri
฿30,900,000
฿286,111/SqM
Beds 2 Beds
Baths 2 Baths
Size 108 SqM Size
Floor 9 Floor
Fully Furnished City View
Get notified when new homes are being added to 185 Rajadamri
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Loan Calculator

Payment Plan

For New Unit
Installment Milestone Payment
Reservation Deposit
Immediately
฿100
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

Frequently Asked Questions

No pets are allowed at 185 Rajadamri 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 €2 per square meter based on the size of indoor area of the property and is €331 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 185 Rajadamri the required payment for the sinking fund is €20 per square meter based on the size of the indoor area of the property.
Ratchadamri BTS is the nearest BTS Station from 185 Rajadamri 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 185 Rajadamri you have to follow these steps:

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

 


For New Unit
Installment Milestone Payment
Reservation Deposit
Immediately
฿100
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The only freehold project in Ratchadamri area
Yasmine Mize, United States, 6 years ago
It is situated in a central location of CBD suitable for city living. It is also comfortable traveling everywhere because it is close to Ratchadamri BTS station, which is only 300 meters from the project. Besides, it is close to the business and shopping centers, such as Central World and Siam Paragon. The project has good scenery and surroundings. Get a view of the city and green spaces from Lumpini Park and the Royal Bangkok Sports Club. The important thing is that this project is a freehold condominium, but other projects are leasehold condominium. It is a relatively large room area with a panoramic view from the outside for the room details. The room can still receive natural light as well. The ceiling is 3 meters high, and the built-in lockers are high from the floor to the ceiling. Therefore, there is much storage. Moreover, the Low-E glass of the windows can block noise and heat from the outside. The most important thing is that I like in the bathroom so much because there is a glass cabinet that is a lot of storage, suitable for girls. Furthermore, the balcony is spacious. It can be a quiet retreat place in the evenings chilling with the family to avoid the chaos from outside. Staying here doesn't have to worry about parking because there is a private parking space for every unit. Also, here is an excellent safety system that controls the residents' security from the key card. This project is very interesting both in terms of investment and for living. It can make a profit for sure in the business area. Currently, there are probably only a few freehold projects in this area, even though buying this condo is also comfortable.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby 185 Rajadamri

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
Lumphini, Pathum Wan, Bangkok
Number of units
79
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฿6.6M - ฿15.5M
▲ 9% overpriced
Monthly Rentals
฿20K - ฿75K
Year Built
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Completion Status
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Location
Lumphini, Pathum Wan, Bangkok
Number of units
54
Sales Prices
฿14.4M - ฿51.2M
▼ -3% underpriced
Monthly Rentals
฿50K
Year Built
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Location
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Number of units
68
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฿9.58M - ฿29.5M
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Location
Lumphini, Pathum Wan, Bangkok
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Location
Lumphini, Pathum Wan, Bangkok
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฿15.4M - ฿135M
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Location
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Completion Status
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