Ratchada Pavilion

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Chantharakasem, Chatuchak,Bangkok

Unit ID: U81694
5% Rental Yield
฿8,000,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
160 SqM Size
Floors
15 Floor
Construction
Dec 1993 Completed

3 Bedroom Condo for sale at Ratchada Pavilion

This property is a 160 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Ratchada Pavilion project in Chantharakasem, Bangkok and was completed in Dec 1993. You can buy this condo for a base price of ฿8,000,000 (฿50,000/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

Basic Information

Property Type Condo
Floor 15
Bedrooms 3
Size 160 SqM
Price per SqM ฿50,000
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
Unfurnished
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.
N/A
Listed By
Private Owner
Date Listed Aug 16, 2018
Last Updated 1 year ago
Unit ID U81694

Price Analysis

Great Price
Estimated market value ฿12,508,442
Great
฿9,660,000
Good
Fair
Above
฿16,700,000
Current asking Price: ฿8,000,000 | Advertised rental rate: ฿35,000/mo
This condo is ฿4,508,442 BELOW MARKET (-36%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿8,000,000
Rent
฿35,000/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.
19
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: Ratchada Pavilion
Developer: N/A
Construction: Completed (Dec 1993)
Floors: 28
Buildings: N/A
Units: 195
Project Area: N/A
Nearest Landmark Lat Phrao MRT - 0.8 Km
Location: Chantharakasem, Chatuchak, Bangkok
Ratchada Pavilion Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Ratchada Pavilion

For Sale 2 For Rent 1
Get notified when new homes are being added to Ratchada Pavilion

Loan Calculator

Frequently asked questions

Lat Phrao MRT is the nearest MRT from Ratchada Pavilion and it is 0.8 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 Ratchada Pavilion 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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Bangkok

Chantharakasem

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Location and Neighborhood

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