Studio Condo for sale at Aspire Sathorn - Ratchaphruek

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Pak Khlong Phasi Charoen, Phasi Charoen,Bangkok
Unit ID: U252099
5% Rental Yield
Tenant-Occupied until Mar 13, 2025
Studio Bedroom
1 Bathroom
25.99 SqM Size
10 Floor
Sep 2018 Completed

About This Condo

This property is a 25.99 SqM studio condo with 1 bathroom that is available for sale. It is part of the Aspire Sathorn - Ratchaphruek project in Pak Khlong Phasi Charoen, Bangkok and was completed in Sep 2018. You can buy this condo for a base price of ฿2,200,000 (฿84,648/SqM) and it is also available for long term rentals starting from ฿9,000 per month.

High Life in Bangkok Awaits: Buy or Rent This 26 SqM Condo Now!

Do you want to live the high life in Bangkok? Have you been dreaming of owning a property with all the amenities and convenience you've been looking for? Your dreams have just become reality with this 26 SqM studio condo located in the Aspire Sathorn - Ratchaphruek project! Imagine having a full suite of amenities that offers everything you need with one of the best locations in all of Bangkok.This cozy, "smart" condo includes one bathroom and all the necessary features to make it your home. Enjoy a range of activities in the area, such as shopping, eating out, and even relaxing at the nearby parks. You can also get around easily thanks to convenient access to public transportation.The perfect balance of inner city comfort combined with convenient lifestyle options puts this condo ahead of the competition.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 27, 2019
Updated 4 years ago
Property Type Condo
Floor 10
Bedroom Studio
Size 25.99 SqM
Price per SqM ฿84,648
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, Leasehold
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.
฿988/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U252099

Investment Opportunity: Charges & Yield

Sale Price
฿2,200,000
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.
฿988/mo
Rent
฿9,000/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.
20
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.
5%

Project Details

Developer: AP (Thailand)
Construction: Completed (Sep 2018)
Floors: 32
Buildings: N/A
Units: 1049
Project Area: N/A
Nearest Landmark Wutthakat BTS - 1.3 Km
Location: Pak Khlong Phasi Charoen, Bangkok
Aspire Sathorn - Ratchaphruek 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
Sauna Sauna
Co-Working Space / Meeting Room Co-Working Space / Meeting Room

Available Units at Aspire Sathorn - Ratchaphruek

For Sale 10 For Rent 6
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Frequently Asked Questions

No pets are allowed at Aspire Sathorn - Ratchaphruek 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 ฿38 per square meter based on the size of indoor area of the property and is ฿988 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 Aspire Sathorn - Ratchaphruek the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.
Wutthakat BTS is the nearest BTS Station from Aspire Sathorn - Ratchaphruek and it is 1.3 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 Aspire Sathorn - Ratchaphruek 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
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Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
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FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Bangkok
Pak Khlong Phasi Charoen

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Aspire Sathorn - Ratchaphruek

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Pak Khlong Phasi Charoen, Phasi Charoen, Bangkok
Number of units
793
Sales Prices
฿3M
Monthly Rentals
฿9.99K - ฿14K
Year Built
Jan 2016
Completion Status
Completed
Location
Pak Khlong Phasi Charoen, Phasi Charoen, Bangkok
Number of units
565
Sales Prices
฿2.99M - ฿5.69M
Monthly Rentals
฿12K - ฿27K
Year Built
Sep 2023
Completion Status
Completed
Location
Pak Khlong Phasi Charoen, Phasi Charoen, Bangkok
Number of units
799
Sales Prices
฿3.19M - ฿4.69M
Monthly Rentals
฿8.99K - ฿14.5K
Year Built
Dec 2017
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
835
Sales Prices
฿2.68M - ฿3.36M
▼ -36% underpriced
Monthly Rentals
฿8.49K - ฿18K
Year Built
Dec 2012
Completion Status
Completed
Location
Pak Khlong Phasi Charoen, Phasi Charoen, Bangkok
Number of units
584
Sales Prices
฿2.59M - ฿5.14M
▼ -34% underpriced
Monthly Rentals
฿8.49K - ฿30K
Year Built
Dec 2013
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
402
Sales Prices
฿2.2M - ฿2.73M
Monthly Rentals
฿8.99K - ฿9.49K
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
638
Sales Prices
฿1.86M - ฿4.39M
▼ -24% underpriced
Monthly Rentals
฿8.99K - ฿12.5K
Year Built
Jul 2018
Completion Status
Completed
Location
Bang Kho, Phasi Charoen, Bangkok
Number of units
484
Sales Prices
฿5.89M - ฿6.69M
Monthly Rentals
฿30K - ฿40K
Year Built
Dec 2015
Completion Status
Completed
Location
Bang Kho, Phasi Charoen, Bangkok
Number of units
N/A
Sales Prices
฿6.38M
Monthly Rentals
N/A
Year Built
Jan 2015
Completion Status
Completed
Location
Bang Kho, Phasi Charoen, Bangkok
Number of units
1161
Sales Prices
฿2.2M - ฿6.96M
▼ -11% underpriced
Monthly Rentals
฿11K - ฿13K
Year Built
Dec 2020
Completion Status
Completed
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