2 Bedroom Condo for sale at Chewathai Ratchaprarop

4.67 (1 Review)
Thanon Phaya Thai, Ratchathewi,Bangkok
Unit ID: U1119178
6% Rental Yield
฿6,500,000
2 Bedrooms
2 Bathrooms
60 SqM Size
21 Floor
Dec 2009 Completed

About This Condo

This property is a 60 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Chewathai Ratchaprarop project in Thanon Phaya Thai, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿6,500,000 (฿108,333/SqM).

2-bedroom condo for sale on Ratchathewi. This unit is 4 minutes’ drive to Sala Daeng Toll Plaza and 7 minutes’ drive to Din Daeng Toll Plaza. It has an easy access to shopping department stores, international schools, hospitals, and restaurants. This unit has 2 bedrooms, 2 bathrooms, a living, a dining, a kitchen with useable area of 60 sq.m. The unit is fully furnished and fully equipped. The building facilities comprise of swimming pool, fitness, garden, Wi-Fi, car parking and 24 hours security.

Features

Private GymPrivate Gym Pool AccessPool Access Covered ParkingCovered Parking Wifi IncludedWifi Included Washing MachineWashing Machine

Basic Information

Property Type Condo
Floor 21
Bedrooms 2
Size 60 SqM
Price per SqM ฿108,333
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.
฿2,100/mo
Listed By
Broker Network
Date Listed Jul 5, 2022
Last Updated 2 months ago
Unit ID U1119178

Investment Opportunity: Charges & Yield

Sale Price
฿6,500,000
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.
฿2,100/mo
Est. Rent
฿30,800/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 2 bedroom condos at Chewathai Ratchaprarop, and the current sales price.
6%

Project Details

Project Name: Chewathai Ratchaprarop
Developer: Chewathai
Construction: Completed (Dec 2009)
Floors: 26
Buildings: N/A
Units: 329
Project Area: N/A
Nearest Landmark Victory Monument BTS - 0.6 Km
Location: Thanon Phaya Thai, Ratchathewi, Bangkok
Chewathai Ratchaprarop 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 Chewathai Ratchaprarop

For Sale 2 For Rent 1
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Frequently Asked Questions

The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿2,100 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.
Victory Monument BTS is the nearest BTS Station from Chewathai Ratchaprarop and it is 0.6 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 Chewathai Ratchaprarop 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

4.7 out of 5 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A 2010 New Year's gift for myself
4.7 Francisco Reno, Germany, 12 years ago
I just worked for five years and saved enough money to buy a two-bedroom condo with a unit area of about 50 square meters. Probably. It's a new condo that was just completed in December 2009. The cost of living alone or with a partner is not incredibly expensive. However, it is not ideal for living with a large family because it may be too cramped. The location is also considered to be convenient, as it is close to Skytrain stations and only a few minutes away. It is easily and comfortably accessible to all places without regard for traffic congestion. The project facilities are the same as in other condos, and the pool is too small in comparison to the total units (nearly 300). The gym is small and has limited exercise equipment. Actually, the condo here is considered old, but it has been meticulously maintained, and it seems new. The overall condition is good. However, I would like anyone to consider this condo, which is located in the heart of the city and is easily accessible for traveling, rather than focusing on the condo condition.
Bangkok
Thanon Phaya Thai

Neighborhood Overview

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