2 Bedroom Condo for sale at Ideo Ratchada-Huaykwang

(1 Review)
Huai Khwang, Huai Khwang,Bangkok
Unit ID: U1109160
5% Rental Yield
2 Bedrooms
2 Bathrooms
60 SqM Size
18 Floor
Dec 2009 Completed

About This Condo

This property is a 60 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Ideo Ratchada-Huaykwang project in Huai Khwang, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿5,950,000 (฿99,167/SqM).

Condominium for sale in Bangkok, located in the Ratchada area, a mere 200m from the Huai Kwang MRT subway station, which links Sukhumvit in 10 minutes. The Street Ratchada and Esplanade malls are also located within easy reach of the residence. This 60m2 condo features 2 bedrooms, 2 bathrooms, an open plan living, dining & kitchen area as well as a balcony. It comes furnished and offers nice views to the city. This modern residence gives access to a rooftop swimming pool, fitness, car park & 24-7 security.

Features

Private GymPrivate Gym Pool AccessPool Access Covered ParkingCovered Parking Wifi IncludedWifi Included Washing MachineWashing Machine

Basic Information

Date Listed Jun 22, 2022
Updated N/A
Property Type Condo
Floor 18
Bedrooms 2
Size 60 SqM
Price per SqM ฿99,167
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

N/A
Furniture
N/A
View(s) N/A
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.
฿2,100/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1109160

Investment Opportunity: Charges & Yield

Sale Price
฿5,950,000
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.
฿2,100/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.
21
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 Ratchada-Huaykwang, and the current sales price.
5%

Project Details

Project Name: Ideo Ratchada-Huaykwang
Developer: N/A
Construction: Completed (Dec 2009)
Floors: 19
Buildings: N/A
Units: 398
Project Area: N/A
Nearest Landmark: Huai Khwang MRT - 0.1 Km
Location: Huai Khwang, Bangkok
Ideo Ratchada-Huaykwang 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

Available Units at Ideo Ratchada-Huaykwang

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Frequently Asked Questions

No pets are allowed at Ideo Ratchada-Huaykwang 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 ฿2,100 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 Ratchada-Huaykwang the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Huai Khwang MRT is the nearest MRT Station from Ideo Ratchada-Huaykwang 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.

After you have found the right property at Ideo Ratchada-Huaykwang you have to follow these steps:

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


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.

Reviews

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
Modern condo
Tim Newton, Australia, 9 years ago
I like the design of this condo. The condo I rented has 2 bedrooms, allocating the space very well. The general atmosphere in the project is shady, suitable for living. It also has modern facilities such as a saltwater swimming pool and a large fitness room where you can exercise while enjoying the beautiful view of the city. In addition, the surrounding area also has shops and many restaurants, making my life more convenient. Well, it's also close to Huai Khwang MRT.
Bangkok
Huai Khwang

Neighborhood Overview

Location and Neighborhood

Street View

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