Ramada Plaza By Wyndham Bangkok Sukhumvit 48

4.83 (1 Review)

Phra Khanong, Khlong Toei,Bangkok

Unit ID: U654094
5% Rental Yield
Sold Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
35.40 SqM Size
Floors
9 Floor
Construction
Jun 2020 Completed

1 Bedroom Condo for sale at Ramada Plaza By Wyndham Bangkok Sukhumvit 48

This property is a 35.40 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Ramada Plaza By Wyndham Bangkok Sukhumvit 48 project in Phra Khanong, Bangkok and was completed in Jun 2020. You can buy this condo for a base price of ฿4,208,000 (฿118,870/SqM).

Features

DuplexDuplex BalconyBalcony

Basic Information

Property Type Condo
Floor 9
Bedroom 1
Size 35.40 SqM
Price per SqM ฿118,870
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, Company
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 1BR
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.
฿2,124/mo
Listed By
Developer
Date Listed Jan 14, 2021
Last Updated 6 months ago
Unit ID U654094

Price Analysis

Good Price
Estimated market value ฿4,239,151
Great
฿2,560,000
Good
Fair
Above
฿4,490,000
Current asking Price: ฿4,208,000 | Rental estimate: ฿19,300/mo
This condo is ฿31,151 BELOW MARKET (-1%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

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.
฿2,124/mo
Est. Rent
฿19,300/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 Ramada Plaza By Wyndham Bangkok Sukhumvit 48, and the current sales price.
5%

Project Details

Developer: Siamese Asset
Construction: Completed (Jun 2020)
Floors: 39
Buildings: 2
Units: 339
Project Area: 3,118 SqM
Nearest Landmark On Nut BTS - 0.5 Km
Location: Phra Khanong, Khlong Toei, Bangkok
Ramada Plaza By Wyndham Bangkok Sukhumvit 48 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
Reception / Lobby Area Reception / Lobby Area
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Ramada Plaza By Wyndham Bangkok Sukhumvit 48

  • Communal Pool
    Ground Floor
  • Communal Gym
    Rooftop
  • Library / Reading Room
    Ground Floor
  • Communal Garden Area
    Rooftop
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
On handover
100%

Frequently asked questions

No pets are allowed at Ramada Plaza By Wyndham Bangkok Sukhumvit 48 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 ฿60 per square meter based on the size of indoor area of the property and is ฿2,124 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 Ramada Plaza By Wyndham Bangkok Sukhumvit 48 the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
On Nut BTS is the nearest BTS from Ramada Plaza By Wyndham Bangkok Sukhumvit 48 and it is 0.5 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 Ramada Plaza By Wyndham Bangkok Sukhumvit 48 you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
On handover
100%

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

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condominium loft style, near On Nut BTS
4.8 Bud Bourgault, Canada, 1 year ago
A high-rise condominium with a unique design on a location that can be called highly potential. Next to Sukhumvit's main road with brighter opportunities to be developed as various amenities surround it. Easy to travel both by car and by public transport, you can either use On Nut BTS, buses, or taxis and close to the markets and community mall. The project is luxurious in a modern loft style. The room ceiling is very high, giving an airy atmosphere. The project's common area is full functions with an indoor swimming pool, fitness center, lounge, and parking for 50% of the units. I don't think the lack of parking space is going to be a big problem as half of the residents rely on public transportation. The property is worth a long-term investment by renting out to Thai and foreigners as it's in the office area where people are crowded. There won't be trouble finding a tenant.

Bangkok

Phra Khanong

Neighborhood Overview

Location and Neighborhood

Street View

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