Studio Condo for sale at 624 Condolette Ladprao

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Khlong Chan, Bang Kapi,Bangkok
Unit ID: U892480
7% Rental Yield
฿1,350,000 Great Price
Studio Bedroom
1 Bathroom
29 SqM Size
3 Floor
Dec 2010 Completed

About This Condo

This property is a 29 SqM studio condo with 1 bathroom that is available for sale. It is part of the 624 Condolette Ladprao project in Khlong Chan, Bangkok and was completed in Dec 2010. You can buy this condo for a base price of ฿1,350,000 (฿46,552/SqM) and it is also available for long term rentals starting from ฿8,000 per month.

Features

Washing MachineWashing Machine

Basic Information

Property Type Condo
Floor 3
Bedroom Studio
Size 29 SqM
Price per SqM ฿46,552
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View, Garden View
Unit Type N/A
Building Building B
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.
฿870/mo
Listed By
Private Owner
Date Listed May 12, 2021
Last Updated 1 year ago
Unit ID U892480

Price Analysis

Great Price
Estimated market value ฿2,283,181
Great
฿1,480,000
Good
Fair
Above
฿3,360,000
Current asking Price: ฿1,350,000 | Advertised rental rate: ฿8,000/mo
This condo is ฿933,181 BELOW MARKET (-41%) 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
฿1,350,000
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.
฿870/mo
Rent
฿8,000/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.
14
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.
7%

Project Details

Project Name: 624 Condolette Ladprao
Developer: Pruksa Real Estate
Construction: Completed (Dec 2010)
Floors: 8
Buildings: 2
Units: 471
Project Area: 6,476 SqM
Nearest Landmark Hua Mak ARL - 3.2 Km
Location: Bang Kapi, Bangkok
624 Condolette Ladprao Project Details

Project Features

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

Available Units at 624 Condolette Ladprao

For Sale 3 For Rent 2
Get notified when new homes are being added to 624 Condolette Ladprao

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Frequently Asked Questions

No pets are allowed at 624 Condolette 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 ฿30 per square meter based on the size of indoor area of the property and is ฿870 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 624 Condolette Ladprao the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Hua Mak ARL is the nearest Airport Rail Link Station from 624 Condolette Ladprao and it is 3.2 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 624 Condolette Ladprao 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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Bangkok
Khlong Chan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby 624 Condolette Ladprao

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Project Name
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Number of units
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