The Line Ratchathewi

4.83 (1 Review)

Thanon Phet Buri, Ratchathewi,Bangkok

Unit ID: U270905
3% Rental Yield
฿8,880,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
36 SqM Size
Floors
12 Floor
Construction
Dec 2017 Completed

1 Bedroom Condo for sale at The Line Ratchathewi

This property is a 36 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 ฿8,880,000 (฿246,667/SqM) and it is also available for long term rentals starting from ฿22,000 per month.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 12
Bedroom 1
Size 36 SqM
Price per SqM ฿246,667
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%.

Foreign Quota
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.
฿3,240/mo
Listed By
Private Owner
Date Listed Jan 7, 2020
Last Updated 1 year ago
Unit ID U270905

Price Analysis

Great Price
Estimated market value ฿10,064,664
Great
฿9,930,000
Good
Fair
Above
฿10,600,000
Current asking Price: ฿8,880,000 | Advertised rental rate: ฿22,000/mo
This condo is ฿1,184,664 BELOW MARKET (-12%) 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

Sale Price
฿8,880,000
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.
฿3,240/mo
Rent
฿22,000/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.
34
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.
3%

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 10
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Available Units at The Line Ratchathewi
-
Beds 1 Beds
Baths 1 Baths
Size 32.75 SqM Size
Floor 17 Floor
Fully Furnished City View
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Available Units at The Line Ratchathewi
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Beds 1 Beds
Baths 1 Baths
Size 35.40 SqM Size
Floor 28 Floor
Fully Furnished City View
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Available Units at The Line Ratchathewi
-
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 28 Floor
Fully Furnished City View
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Available Units at The Line Ratchathewi
-
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 27 Floor
Fully Furnished City View
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Available Units at The Line Ratchathewi
฿225,070
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35.50 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished City View
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Available Units at The Line Ratchathewi
฿291,057
Good Price
Beds 2 Beds
Baths 2 Baths
Size 59.50 SqM Size
Floor 23 Floor
Foreign Quota Built In City View
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Available Units at The Line Ratchathewi
-
Beds 1 Beds
Baths 1 Baths
Size 34 SqM Size
Floor 24 Floor
Fully Furnished City View
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Available Units at The Line Ratchathewi
-
Beds 1 Beds
Baths 1 Baths
Size 34.25 SqM Size
Floor 28 Floor
Fully Furnished City View
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Available Units at The Line Ratchathewi
-
Beds 2 Beds
Baths 1 Baths
Size 56 SqM Size
Floor 27 Floor
Fully Furnished City View
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Available Units at The Line Ratchathewi
฿295,746
Beds 2 Beds
Baths 2 Baths
Size 60.50 SqM Size
Floor 15 Floor
Foreign Quota Built In City View
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Available Units at The Line Ratchathewi
฿277,226
Great Price
Beds 2 Beds
Baths 2 Baths
Size 59.50 SqM Size
Floor 14 Floor
Foreign Quota Built In City View
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Available Units at The Line Ratchathewi
฿242,559
Great Price
Beds Studio Beds
Baths 1 Baths
Size 27.75 SqM Size
Floor 13 Floor
Foreign Quota Built In City View
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Available Units at The Line Ratchathewi
-
Beds Studio Beds
Baths 1 Baths
Size 27.75 SqM Size
Floor 16 Floor
Fully Furnished City View
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Available Units at The Line Ratchathewi
฿246,667
Great Price
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
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 ฿3,240 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 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, 2 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

Street View

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Projects Nearby The Line Ratchathewi

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Location
Ratchathewi, Bangkok, Thailand
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▼ -17% underpriced
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