2 Bedroom Condo for sale at Wind Ratchayothin

(1 Review)
Chatuchak, Chatuchak,Bangkok
Unit ID: U282989
6% Rental Yield
2 Bedrooms
2 Bathrooms
79 SqM Size
32 Floor
Dec 2008 Completed

About This Condo

This property is a 79 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Wind Ratchayothin project in Chatuchak, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿10,200,000 (฿129,114/SqM).

For Sale, Wind Ratchayothin Condominium.

Floor: On the 32nd floor. Size: 79 sq.m. or 850.349 sq.ft. Rooms: 2 bedrooms and 2 bathrooms Furniture: Fully furnished. Ready to move in. Parking: 1 fixed parking slot with the room number. View: Overlooking beautiful Bangkok city view. Price can negotiate. Room Tour: https://youtu.be/8h_panbJbGQ For more information and inquiry.

Features

BalconyBalcony Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Jan 29, 2020
Updated 3 years ago
Property Type Condo
Floor 32
Bedrooms 2
Size 79 SqM
Price per SqM ฿129,114
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.
฿2,370/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 U282989

Price Analysis

Great Price
Estimated market value ฿16,815,221
Great
฿16,500,000
Good
Fair
Above
฿18,400,000
Current asking Price: ฿10,200,000 | Rental estimate: ฿47,300/mo
This condo is ฿6,615,221 BELOW MARKET (-39%) 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
฿10,200,000
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.
฿2,370/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.
18
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 Wind Ratchayothin, and the current sales price.
6%

Project Details

Project Name: Wind Ratchayothin
Developer: Major Development
Construction: Completed (Dec 2008)
Floors: 37
Buildings: N/A
Units: 390
Project Area: N/A
Nearest Landmark Phahonyothin 24 BTS - 0.6 Km
Location: Chatuchak, Bangkok
Wind Ratchayothin Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Tennis Court Tennis Court

Available Units at Wind Ratchayothin

For Sale 11 For Rent 14
Get notified when new homes are being added to Wind Ratchayothin
View All (11)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Wind Ratchayothin 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 ฿30 per square meter based on the size of indoor area of the property and is ฿2,370 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.
Phahonyothin 24 BTS is the nearest BTS Station from Wind Ratchayothin and it is 0.6 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 Wind Ratchayothin 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A nice condo and good in location
Paweena A., India, 4 years ago
Since I stayed in this condo for a while, I would say that this condo is perfect. The condo is close to all conveniences, such as Ratchayothin BTS within a few steps and other public facilities. My room comes with full furniture, and there are complete facilities in the common area. What I like the most is the swimming pool surrounded by trees. Plus, the project is bordered by several amenities. Since it is in the Chatuchak area, the business area. It is convenient for transportation as well as good facilities.
Bangkok
Chatuchak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Wind Ratchayothin

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