Ideo Q Phayathai

4.72 (3 Reviews)

Thung Phaya Thai, Ratchathewi,Bangkok

Unit ID: U71206
4% Rental Yield
฿16,300,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
70 SqM Size
Floors
37 Floor
Construction
Dec 2010 Completed

2 Bedroom Condo for sale at Ideo Q Phayathai

This property is a 70 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Ideo Q Phayathai project in Thung Phaya Thai, Bangkok and was completed in Dec 2010. You can buy this condo for a base price of ฿16,300,000 (฿232,857/SqM) and it is also available for long term rentals starting from ฿48,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 37
Bedrooms 2
Size 70 SqM
Price per SqM ฿232,857
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.
฿2,450/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Mar 28, 2018
Last Updated 2 years ago
Unit ID U71206

Price Analysis

Above Average
Estimated market value ฿13,402,724
Great
฿8,110,000
Good
Fair
Above
฿8,610,000
Current asking Price: ฿16,300,000 | Advertised rental rate: ฿48,000/mo
This condo is ฿2,897,276 ABOVE MARKET (22%) 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
฿16,300,000
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.
฿2,450/mo
Rent
฿48,000/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.
28
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.
4%

Project Details

Project Name: Ideo Q Phayathai
Developer: Ananda Development
Construction: Completed (Dec 2010)
Floors: 38
Buildings: N/A
Units: 476
Project Area: 4,236 SqM
Nearest Landmark Phaya Thai BTS - 0.2 Km
Location: Thung Phaya Thai, Ratchathewi, Bangkok
Ideo Q Phayathai Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna

Loan Calculator

Frequently asked questions

No pets are allowed at Ideo Q Phayathai 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 ฿35 per square meter based on the size of indoor area of the property and is ฿2,450 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.
Phaya Thai BTS is the nearest BTS from Ideo Q Phayathai 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 Ideo Q Phayathai 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 4.72
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
This place makes my quality of living in Bangkok much better
4.5 Olivia Voigt, Germany, 1 year ago
I would say that moving here making my quality of living in Bangkok much better. First of all, the location isn't far from Phayathai BTS within 2 minutes walking. It's time-saving! The room I stayed in is a right-size one-bedroom unit. Besides, the facilities are complete. There is also a Starbucks coffee shop on the ground floor, which is so convenient. I didn't make any mistake renting this place.
A quiet place just several steps from BTS Phayathai.
4.8 Kornrawee Panyasuppakun, Thailand, 2 years ago
it's close to Phayathai BTS station and the airport link, which makes it super easy for me to go to Siam to hang out with friends, Asoke where my office is located, and Suvarnabhumi Airport. It's also very easy to get to Chulalongkorn University (by bus/BTS), which is lots of Chula students choose to live here. It's also quiet at night despite located on Phayathai Road. Security is good, too. The juristic persons is also strict with daily rental and they set up "bounty" for offenders. That's why you won't see so many tourists using the pool and gym. What I don't like is that guest parking space is limited.
A great condo in a prime location
4.8 Lauren Green, United States, 2 years ago
My room is a one-bedroom unit with complete functions. There are also various facilities in the project, including a coffee shop, a swimming pool, and large parking spaces. There is also a good service staff, but some days they cause trouble to us. Overall, it's ok. If you live here, you feel at ease with both traveling and living matters. Plus, it is just a few steps to walk to the Phaya Thai BTS station, and easy to find food in this area since it is adjacent to Siam Paragon as well.

Bangkok

Thung Phaya Thai

Neighborhood Overview

Location and Neighborhood

Street View

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