1 Bedroom Condo for sale at Bangkok Horizon Ratchada-Thapra

4.33 (1 Review)
Dao Khanong, Thon Buri,Bangkok
Unit ID: U150692
6% Rental Yield
฿2,550,000 Great Price
1 Bedroom
1 Bathroom
33 SqM Size
Dec 2013 Completed

About This Condo

This property is a 33 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Bangkok Horizon Ratchada-Thapra project in Dao Khanong, Bangkok and was completed in Dec 2013. You can buy this condo for a base price of ฿2,550,000 (฿77,273/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor N/A
Bedroom 1
Size 33 SqM
Price per SqM ฿77,273
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.
฿1,188/mo
Listed By
Private Owner
Date Listed Jan 3, 2019
Last Updated 2 years ago
Unit ID U150692

Price Analysis

Great Price
Estimated market value ฿4,162,972
Great
฿3,630,000
Good
Fair
Above
฿4,370,000
Current asking Price: ฿2,550,000 | Rental estimate: ฿11,800/mo
This condo is ฿1,612,972 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
฿2,550,000
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.
฿1,188/mo
Est. Rent
฿11,800/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 1 bedroom condos at Bangkok Horizon Ratchada-Thapra, and the current sales price.
6%

Project Details

Developer: N/A
Construction: Completed (Dec 2013)
Floors: 8
Buildings: N/A
Units: 710
Project Area: N/A
Nearest Landmark Talat Phlu BTS - 0.8 Km
Location: Dao Khanong, Thon Buri, Bangkok
Bangkok Horizon Ratchada-Thapra 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

Available Units at Bangkok Horizon Ratchada-Thapra

For Sale 1 For Rent 1
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Available Units at Bangkok Horizon Ratchada-Thapra
฿77,273
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor - Floor
Thai Quota Unfurnished City View
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Available Units at Bangkok Horizon Ratchada-Thapra
-
Beds 1 Beds
Baths 1 Baths
Size 28 SqM Size
Floor 11 Floor
Fully Furnished City View
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Frequently Asked Questions

The common area maintenance fee is ฿36 per square meter based on the size of indoor area of the property and is ฿1,188 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.
Talat Phlu BTS is the nearest BTS Station from Bangkok Horizon Ratchada-Thapra and it is 0.8 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 Bangkok Horizon Ratchada-Thapra 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

4.3 out of 5 4.33
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Quiet condo on the main road and close to BTS station
4.3 Yuu Schild, Australia, 4 years ago
Since I have stayed in this condo for a while, I can say that it is complete and worthwhile because of the excellent spot close to all amenities such as markets, malls, hospitals, educational institutions, and Talat Phlu BTS. Also, its location on the main road makes traveling easier. The room is well-designed and decorated with lovely furniture. In this part, I'm extremely impressed. However, I think the common areas are quite small compared to other projects. It is suitable for those less concerned with using the common areas and prefer a more convenient location.
Bangkok
Dao Khanong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Bangkok Horizon Ratchada-Thapra

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Location
Dao Khanong, Thon Buri, Bangkok
Number of units
930
Sales Prices
฿1.92M - ฿2.21M
Monthly Rentals
N/A
Year Built
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Completion Status
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Location
Dao Khanong, Thon Buri, Bangkok
Number of units
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Sales Prices
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Year Built
Jan 2020
Completion Status
Completed
Location
Dao Khanong, Thon Buri, Bangkok
Number of units
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฿2.32M - ฿4.55M
▼ -16% underpriced
Monthly Rentals
฿11.1K
Year Built
Dec 2016
Completion Status
Completed
Location
Dao Khanong, Thon Buri, Bangkok
Number of units
734
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฿5.56M
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Monthly Rentals
฿12.6K - ฿16.2K
Year Built
Oct 2009
Completion Status
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Location
Dao Khanong, Thon Buri, Bangkok
Number of units
690
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฿2.74M - ฿7.91M
▲ 2.1% overpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Dao Khanong, Thon Buri, Bangkok
Number of units
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Sales Prices
฿2.41M - ฿3.28M
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Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Location
Dao Khanong, Thon Buri, Bangkok
Number of units
711
Sales Prices
฿2.72M - ฿8.42M
▲ 2.3% overpriced
Monthly Rentals
฿22.2K
Year Built
Nov 2022
Completion Status
Off Plan
Location
Dao Khanong, Thon Buri, Bangkok
Number of units
1219
Sales Prices
฿3.02M - ฿5.15M
▲ 0.6% overpriced
Monthly Rentals
฿11.1K - ฿14.1K
Year Built
Dec 2016
Completion Status
Completed
Location
Dao Khanong, Thon Buri, Bangkok
Number of units
1971
Sales Prices
฿2.85M - ฿6.36M
▲ 2% overpriced
Monthly Rentals
N/A
Year Built
Aug 2022
Completion Status
Completed
Location
Dao Khanong, Thon Buri, Bangkok
Number of units
210
Sales Prices
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Monthly Rentals
N/A
Year Built
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Completion Status
Completed
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