2 Bedroom Condo for sale at The Line Ratchathewi

4.83 (1 Review)
Thanon Phet Buri, Ratchathewi,Bangkok
Unit ID: U1126368
3% Rental Yield
฿15,000,000
2 Bedrooms
1 Bathroom
56 SqM Size
13 Floor
Dec 2017 Completed

About This Condo

This property is a 56 SqM condo with 2 bedrooms 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 ฿15,000,000 (฿267,857/SqM) and it is also available for long term rentals starting from ฿40,000 per month.

THE LINE Ratchathewi, A magnificent condominium with high-function technology and stunning facility. Only 200 metres from BTS Ratchathewi station and Airport rail link Makkasan station. You are only one stop away from the famous shopping centre “SIAM PARAGON”. The generous unit features 2 bedrooms, 1 bathroom and offers master bedroom with en-suit shower room. Finished to a high standard of furniture like dinning table, sofa set, television table, working table,bed and decorated in modern style of closed kitchen with integrated appliances. Featuring fully equipped all electrical appliances such as microwave, washing machine, refrigerator, television, air conditioner and lamp.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 13
Bedrooms 2
Size 56 SqM
Price per SqM ฿267,857
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%.

N/A
Furniture
N/A
View(s) City View, Unblocked Open 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.
฿5,040/mo
Listed By
Broker Network
Date Listed Jul 21, 2022
Last Updated 2 days ago
Unit ID U1126368

Investment Opportunity: Charges & Yield

Sale Price
฿15,000,000
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.
฿5,040/mo
Rent
฿40,000/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.
31
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 6
Get notified when new homes are being added to The Line Ratchathewi

Loan Calculator

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 ฿5,040 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 Station 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

Do you own a property at The Line Ratchathewi?

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

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, 3 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

Projects Nearby The Line Ratchathewi

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
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
323
Sales Prices
฿5.54M - ฿13.1M
▲ 2.4% overpriced
Monthly Rentals
฿18.1K - ฿50.4K
Year Built
Dec 2014
Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
581
Sales Prices
฿6.9M - ฿16.6M
▼ -26% underpriced
Monthly Rentals
฿21.1K - ฿70.5K
Year Built
Dec 2006
Completion Status
Completed
Project Name
The Address Siam
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
238
Sales Prices
฿7.55M - ฿7.91M
Monthly Rentals
฿22.2K - ฿40.3K
Year Built
Dec 2007
Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
623
Sales Prices
฿4.53M - ฿13.1M
▲ 1.1% overpriced
Monthly Rentals
฿16.1K - ฿40.3K
Year Built
Oct 2017
Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
156
Sales Prices
฿7.55M - ฿9.06M
▼ -48% underpriced
Monthly Rentals
฿22.2K - ฿50.4K
Year Built
Dec 2009
Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
552
Sales Prices
฿6.03M - ฿13M
▲ 6.5% overpriced
Monthly Rentals
฿20.1K - ฿45.3K
Year Built
Jun 2017
Completion Status
Completed
Project Name
Petch 9 Tower
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
200
Sales Prices
฿10.6M
Monthly Rentals
฿25.2K
Year Built
Dec 1993
Completion Status
Completed
Project Name
Villa Rachatewi
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
744
Sales Prices
฿9.16M - ฿10.9M
Monthly Rentals
฿25.2K - ฿47.3K
Year Built
Dec 2008
Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
273
Sales Prices
฿8.96M - ฿30.5M
▲ 3.5% overpriced
Monthly Rentals
N/A
Year Built
Mar 2023
Completion Status
Off Plan
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
N/A
Sales Prices
฿5.74M - ฿8.86M
Monthly Rentals
฿15.1K - ฿30.2K
Year Built
Jan 2014
Completion Status
Completed
Back to top