1 Bedroom Condo for sale at The Line Ratchathewi

4.83 (1 Review)
Thanon Phet Buri, Ratchathewi,Bangkok
Unit ID: U1131128
2% Rental Yield
฿10,800,000
1 Bedroom
1 Bathroom
34 SqM Size
24 Floor
Dec 2017 Completed

About This Condo

This property is a 34 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Line Ratchathewi project in Thanon Phet Buri, Bangkok and was completed in Dec 2017. You can buy this condo for a base price of ฿10,800,000 (฿317,647/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

THE LINE Ratchathewi, a magnificent condominium developed by Sansiri, only 200 metres from BTS Ratchathewi station and Airport rail link Makkasan station. You are only one stop away from the famous shopping centres such as Siam Paragon, Siam Discovery, Siam Center and MBK center. The project provides high quality fitness equipment, swimming pool, library room and garden. This stunning one bedroom and one bathroom unit is well designed by intelligent innovation with selected furniture designed by world top designer. The unit comes with the usable area 34.84 Sq.m. with North facing unit offers magnificent views from an airy balcony.

Basic Information

Property Type Condo
Floor 24
Bedroom 1
Size 34 SqM
Price per SqM ฿317,647
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%.

N/A
Furniture
N/A
View(s) N/A
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.
฿3,060/mo
Listed By
Broker Network
Date Listed Jul 22, 2022
Last Updated 2 days ago
Unit ID U1131128

Investment Opportunity: Charges & Yield

Sale Price
฿10,800,000
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.
฿3,060/mo
Rent
฿20,000/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.
45

Project Details

Project Name: The Line Ratchathewi
Developer: Sansiri
Construction: Completed (Dec 2017)
Floors: 38
Buildings: N/A
Units: 231
Project Area: N/A
Nearest Landmark Ratchathewi BTS - 0.2 Km
Location: Thanon Phet Buri, Ratchathewi, Bangkok
The Line Ratchathewi 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 The Line Ratchathewi

For Sale 6 For Rent 6
Get notified when new homes are being added to The Line Ratchathewi

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Frequently Asked Questions

No pets are allowed at The Line Ratchathewi 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 ฿90 per square meter based on the size of indoor area of the property and is ฿3,060 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 The Line Ratchathewi the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Ratchathewi BTS is the nearest BTS Station from The Line Ratchathewi and it is 0.2 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 The Line Ratchathewi 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

4.8 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
The condo is located near the shopping mall.
4.8 Pimonpan Somsong, Thailand, 3 years ago
I decided to buy a condo in Ratchathewi because it is attractive since the area is bustling with many hotels, restaurants, and shops. It is also home to residential communities that are close to Siam Shopping Mall. I bought a 2-bedroom with 2 bathrooms condo with luxurious interior design. The living area is also spacious, overlooking a 360-degree city view. It's very impressive. Besides this, it provides a complete range of facilities such as the swimming pool, library, working-room, lobby, and free Wi-Fi. For me, it is worth living, and everyone will love it.
Bangkok
Thanon Phet Buri

Neighborhood Overview

Location and Neighborhood

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