Chewathai Ratchaprarop

4.67 (1 Review)

Thanon Phaya Thai, Ratchathewi,Bangkok

Unit ID: U74473
5% Rental Yield
฿5,500,000 ฿5,690,000
Bedroom
2 Bedrooms
Bathroom
1 Bathroom
Indoor Area
51.69 SqM Size
Floors
16 Floor
Construction
Dec 2009 Completed

2 Bedroom Condo for sale at Chewathai Ratchaprarop

This property is a 51.69 SqM condo with 2 bedrooms and 1 bathroom 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 ฿5,500,000 (฿106,404/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 16
Bedrooms 2
Size 51.69 SqM
Price per SqM ฿106,404
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
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) Lake View, 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.
฿1,809/mo
Listed By
Private Owner
Date Listed May 16, 2018
Last Updated 2 years ago
Unit ID U74473

Price Analysis

Above Average
Estimated market value ฿5,104,394
Great
฿4,360,000
Good
Fair
Above
฿6,060,000
Current asking Price: ฿5,500,000 | Advertised rental rate: ฿25,000/mo
This condo is ฿395,606 ABOVE MARKET (8%) 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
฿5,500,000
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.
฿1,809/mo
Rent
฿25,000/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.
18
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.
5%

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 1 For Rent 2
Get notified when new homes are being added to Chewathai Ratchaprarop

Loan Calculator

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 ฿1,809 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 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

Do you own a property at Chewathai Ratchaprarop?

Find out how much your property is worth and start your listing for free.

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, 11 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

Location and Neighborhood

Street View

Similar Units

Favorite Compare
  • 4% Rental Yield
  • 3D Virtual Tour
฿6,400,000
1 1 80 SqM Condo

Sukhumvit Suite

Khlong Toei Nuea, Watthana, Bangkok, Thailand
Favorite Compare
  • 6% GUAR. RETURN FOR 1 YEAR
  • 3D Virtual Tour
฿4,500,000
1 1 28 SqM Condo

The Nest Sukhumvit 22

Khlong Toei, Khlong Toei, Bangkok, Thailand
Favorite Compare
  • 2% Rental Yield
฿5,500,000 ฿5,974,000
1 1 48 SqM Condo

Circle Condominium

Makkasan, Ratchathewi, Bangkok, Thailand
Favorite Compare
  • 4% Rental Yield
  • 3D Virtual Tour
฿4,800,000
1 1 28.29 SqM Condo

Life One Wireless

Lumphini, Pathum Wan, Bangkok, Thailand
Favorite Compare
  • 9% Rental Yield
฿6,510,000
2 2 93 SqM Condo

Urbana Langsuan

Lumphini, Pathum Wan, Bangkok, Thailand
Favorite Compare
  • OFF PLAN
฿4,698,000
1 1 32 SqM Condo

Cloud Thonglor-Phetchaburi

Bang Kapi, Huai Khwang, Bangkok, Thailand
Favorite Compare
  • 4% Rental Yield
฿6,480,000
1 1 35.16 SqM Condo

Noble Around Sukhumvit 33

Khlong Tan Nuea, Watthana, Bangkok, Thailand
Favorite Compare
  • 6% Rental Yield
฿6,250,000
1 2 74.17 SqM Condo

The Trendy

Khlong Toei Nuea, Watthana, Bangkok, Thailand
Favorite Compare
฿6,450,000 ฿11,410,000
1 1 24.93 SqM Condo

Knightsbridge Space Rama 9

Din Daeng, Din Daeng, Bangkok, Thailand
Favorite Compare
  • 4% Rental Yield
฿5,900,000 ฿6,200,000
1 1 34 SqM Condo

Noble Recole

Khlong Toei Nuea, Watthana, Bangkok, Thailand

Projects Nearby Chewathai Ratchaprarop

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Ratchathewi, Bangkok, Thailand
Number of units
547
Sales Prices
฿20M
Monthly Rentals
N/A
Year Built
Jan 2008
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
79
Sales Prices
฿5.5M
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Project Name
Ideo Mobi Rangnam
Location
Ratchathewi, Bangkok, Thailand
Number of units
366
Sales Prices
฿5.38M - ฿10.9M
▼ -3.8% underpriced
Monthly Rentals
฿20K - ฿24K
Year Built
Nov 2020
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
411
Sales Prices
฿7.95M - ฿14.7M
Monthly Rentals
N/A
Year Built
Dec 2022
Completion Status
Off Plan
Location
Ratchathewi, Bangkok, Thailand
Number of units
171
Sales Prices
฿4.44M - ฿4.65M
Monthly Rentals
N/A
Year Built
Apr 2018
Completion Status
Completed
Location
Ratchathewi, Bangkok, Thailand
Number of units
537
Sales Prices
฿3.6M - ฿7.5M
▼ -1.6% underpriced
Monthly Rentals
฿12K - ฿27K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Rhythm Rangnam
Location
Ratchathewi, Bangkok, Thailand
Number of units
385
Sales Prices
฿5.9M - ฿13.1M
▼ -1.4% underpriced
Monthly Rentals
฿20K - ฿38K
Year Built
Dec 2018
Completion Status
Completed
Project Name
Ideo Q Victory
Location
Ratchathewi, Bangkok, Thailand
Number of units
348
Sales Prices
฿6.4M - ฿11.9M
▼ -17.5% underpriced
Monthly Rentals
฿28K - ฿35K
Year Built
Jun 2019
Completion Status
Completed
Project Name
XT Phayathai
Location
Ratchathewi, Bangkok, Thailand
Number of units
1435
Sales Prices
฿3.99M - ฿18.7M
▼ -2.8% underpriced
Monthly Rentals
N/A
Year Built
Aug 2022
Completion Status
Off Plan
Location
Ratchathewi, Bangkok, Thailand
Number of units
437
Sales Prices
฿6.38M - ฿16.5M
▼ -4.9% underpriced
Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
Completed
Back to top