Studio Condo for sale at Ivy Ratchada

4.83 (1 Review)
Sam Sen Nok, Huai Khwang,Bangkok
Unit ID: U164358
6% Rental Yield
฿2,260,000 ฿2,900,000 Great Price
Studio Bedroom
1 Bathroom
32 SqM Size
3 Floor
Dec 2007 Completed

About This Condo

This property is a 32 SqM studio condo with 1 bathroom that is available for sale. It is part of the Ivy Ratchada project in Sam Sen Nok, Bangkok and was completed in Dec 2007. You can buy this condo for a base price of ฿2,260,000 (฿70,625/SqM) and it is also available for long term rentals starting from ฿12,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 3
Bedroom Studio
Size 32 SqM
Price per SqM ฿70,625
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
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Park View, Pool 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.
฿800/mo
Listed By
Private Owner
Date Listed Jul 6, 2019
Last Updated 2 years ago
Unit ID U164358

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿2,485,823
Great
฿2,270,000
Good
Fair
Above
฿2,510,000
Current asking Price: ฿2,260,000 | Advertised rental rate: ฿12,000/mo
This condo is ฿225,823 BELOW 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿2,260,000
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.
฿800/mo
Rent
฿12,000/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.
16
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.
6%

Project Details

Project Name: Ivy Ratchada
Developer: Pruksa Real Estate
Construction: Completed (Dec 2007)
Floors: 8
Buildings: N/A
Units: 456
Project Area: 5,357 SqM
Nearest Landmark Sutthisan MRT - 2.7 Km
Location: Sam Sen Nok, Huai Khwang, Bangkok
Ivy Ratchada 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
Communal Garden Area Communal Garden Area

Available Units at Ivy Ratchada

For Sale 7 For Rent 4
Get notified when new homes are being added to Ivy Ratchada

Loan Calculator

Frequently Asked Questions

No pets are allowed at Ivy Ratchada 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 ฿25 per square meter based on the size of indoor area of the property and is ฿800 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.
Sutthisan MRT is the nearest MRT from Ivy Ratchada and it is 2.7 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 Ivy Ratchada 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

4.8 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
Modern condo near Sutthisan MRT
4.8 Mark B., Germany, 4 years ago
This condo is located less than a five-minute walk from Sutthisan MRT. It is also not far from Suan Lum Night Bazaar Ratchada, where I often buy some food after working out at the condo's gym. My studio room is fully furnished. It is a perfect size for me to live alone. Most importantly, the staff here are very friendly and helpful. I'm impressed.
Bangkok
Sam Sen Nok

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Ivy Ratchada

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
Sam Sen Nok, Huai Khwang, Bangkok
Number of units
520
Sales Prices
฿3.02M - ฿4.29M
▲ 15% overpriced
Monthly Rentals
฿10.7K - ฿17.5K
Year Built
Jan 2009
Completion Status
Completed
Project Name
Life at Ratchada
Location
Sam Sen Nok, Huai Khwang, Bangkok
Number of units
474
Sales Prices
฿3.4M - ฿4.68M
▼ -5% underpriced
Monthly Rentals
฿11.7K - ฿12.7K
Year Built
Jan 2010
Completion Status
Completed
Location
Sam Sen Nok, Huai Khwang, Bangkok
Number of units
73
Sales Prices
฿3.51M
▼ -46% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Sam Sen Nok, Huai Khwang, Bangkok
Number of units
270
Sales Prices
฿3.41M
▲ 1% overpriced
Monthly Rentals
฿11.7K - ฿23.4K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Crystal Ville
Location
Sam Sen Nok, Huai Khwang, Bangkok
Number of units
20
Sales Prices
฿8.03M - ฿11.6M
▲ 20% overpriced
Monthly Rentals
฿86.8K
Year Built
Mar 2015
Completion Status
Completed
Project Name
The Kris Extra 4
Location
Sam Sen Nok, Huai Khwang, Bangkok
Number of units
175
Sales Prices
฿2.73M
▼ -48% underpriced
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Project Name
Ratchadakarn
Location
Sam Sen Nok, Huai Khwang, Bangkok
Number of units
4
Sales Prices
฿17.3M - ฿24.4M
▼ -3% underpriced
Monthly Rentals
N/A
Year Built
Jan 2019
Completion Status
Completed
Location
Sam Sen Nok, Huai Khwang, Bangkok
Number of units
410
Sales Prices
฿3.37M - ฿6.81M
▼ -18.6% underpriced
Monthly Rentals
฿12.2K - ฿12.7K
Year Built
Dec 2020
Completion Status
Completed
Location
Sam Sen Nok, Huai Khwang, Bangkok
Number of units
729
Sales Prices
฿3.88M - ฿6.34M
▼ -6.4% underpriced
Monthly Rentals
฿13.6K - ฿25.3K
Year Built
Dec 2012
Completion Status
Completed
Location
Sam Sen Nok, Huai Khwang, Bangkok
Number of units
327
Sales Prices
฿2.16M - ฿3.31M
▼ -3.7% underpriced
Monthly Rentals
฿7.8K - ฿29.2K
Year Built
Jan 2013
Completion Status
Completed
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