2 Bedroom Condo for sale at Ideo Q Victory

(1 Review)
Thanon Phaya Thai, Ratchathewi,Bangkok
Unit ID: U67808
4% Rental Yield
2 Bedrooms
1 Bathroom
47 SqM Size
34 Floor
Jun 2019 Completed

About This Condo

This property is a 47 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Ideo Q Victory project in Thanon Phaya Thai, Bangkok and was completed in Jun 2019. You can buy this condo for a base price of ฿11,922,779 (฿253,676/SqM).

Features

Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Condo
Floor 34
Bedrooms 2
Size 47 SqM
Price per SqM ฿253,676
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
Unfurnished
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.
฿3,995/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U67808

Price Analysis

Above Average
Estimated market value ฿10,043,206
Great
฿9,860,000
Good
Fair
Above
฿11,000,000
Current asking Price: ฿11,922,779 | Rental estimate: ฿34,900/mo
This condo is ฿1,879,573 ABOVE MARKET (19%) 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
฿11,922,779
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.
฿3,995/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.
28
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 2 bedroom condos at Ideo Q Victory, and the current sales price.
4%

Project Details

Project Name: Ideo Q Victory
Developer: Ananda Development
Construction: Completed (Jun 2019)
Floors: 39
Buildings: 1
Units: 348
Project Area: 2,681 SqM
Nearest Landmark Victory Monument BTS - 0.1 Km
Location: Thanon Phaya Thai, Bangkok
Ideo Q Victory Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Lounge Lounge
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area

Popular Facilities at Ideo Q Victory

  • Communal Pool
    38th Floor
  • Communal Gym
    39th Floor
  • Reception / Lobby Area
    1st Floor
  • Lounge
    39th Floor
  • Communal Garden Area
    39th Floor

Available Units at Ideo Q Victory

For Sale 7 For Rent 13
Get notified when new homes are being added to Ideo Q Victory
View All (7)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Ideo Q Victory 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 ฿85 per square meter based on the size of indoor area of the property and is ฿3,995 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 Ideo Q Victory the required payment for the sinking fund is ฿1,000 per square meter based on the size of the indoor area of the property.
Victory Monument BTS is the nearest BTS Station from Ideo Q Victory and it is 0.1 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 Ideo Q Victory you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
7 days after contract signing
20%
2nd Installment
On handover
80%

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

Do you own a property at Ideo Q Victory?

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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
Great condo
Patcha N., Thailand, 3 years ago
Great condo. It is very convenient to travel by Victory Monument BTS. I am very impressed with this condo because I believe that living here is like upgrading my lifestyle. Apart from convenient transportation, this condo has the technology to make my life easier, such as an automatic parking system. I also like the Sunken Seat, my favorite reading corner that I often go to sit there every weekend. My 1 bedroom unit is beautifully designed. This place also has a good security system. I feel very comfortable staying here.
Bangkok
Thanon Phaya Thai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Ideo Q Victory

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Number of units
Sales Prices
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Year Built
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Project Name
Location
Number of units
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Project Name
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Project Name
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Location
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Number of units
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Monthly Rentals
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Number of units
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Completion Status
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