Groove Ratchada - Rama 9

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Din Daeng, Din Daeng,Bangkok

Unit ID: U250001
Sold
Bedroom
2 Bedrooms
Bathroom
1 Bathroom
Indoor Area
34.18 SqM Size
Floors
3 Floor
Construction
Dec 2020 Completed

2 Bedroom Condo for sale at Groove Ratchada - Rama 9

This property is a 34.18 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Groove Ratchada - Rama 9 project in Din Daeng, Bangkok and was completed in Dec 2020. You can buy this condo for a base price of ฿3,699,000 (฿108,221/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 3
Bedrooms 2
Size 34.18 SqM
Price per SqM ฿108,221
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, 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 Xtend Plus
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,982/mo
Listed By
Developer
Date Listed Nov 25, 2019
Last Updated 1 week ago
Unit ID U250001

3D Walkthrough

Price Analysis

Above Average
Estimated market value ฿3,382,963
Great
฿2,740,000
Good
Fair
Above
฿4,770,000
Current asking Price: ฿3,699,000
This condo is ฿316,037 ABOVE MARKET (9%) 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
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,982/mo

Project Details

Project Name: Groove Ratchada - Rama 9
Construction: Completed (Dec 2020)
Floors: 8
Buildings: 1
Units: 154
Project Area: 1,428 SqM
Nearest Landmark Phra Ram 9 MRT - 0.7 Km
Location: Din Daeng, Din Daeng, Bangkok
Groove Ratchada - Rama 9 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Mini Theater Mini Theater
Key card access Key card access

Popular Facilities at Groove Ratchada - Rama 9

  • Reception / Lobby Area
    Ground Floor
  • Car Parking
    Ground Floor
  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop
  • Communal Garden Area
    Rooftop
  • Lounge
    Rooftop
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Get notified when new homes are being added to Groove Ratchada - Rama 9

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
2nd Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
10,000%
2nd Installment
On handover
100%

Frequently asked questions

No pets are allowed at Groove Ratchada - Rama 9 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 ฿58 per square meter based on the size of indoor area of the property and is ฿1,982 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 Groove Ratchada - Rama 9 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Phra Ram 9 MRT is the nearest MRT from Groove Ratchada - Rama 9 and it is 0.7 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 Groove Ratchada - Rama 9 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
2nd Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
10,000%
2nd 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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Din Daeng

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