Unit ID: U250211
6% Rental Yield
Din Daeng, Din Daeng,Bangkok
$109,000 $125,000
1 Bedroom
1
Bathroom
391 Sqft
Size
2
Floor
Dec 2020
Completed

About This Condo

This property is a 391 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Din Daeng, Bangkok and was completed in Dec 2020. You can buy this condo for a base price of $109,000 ($279/Sqft).

Seize an Exceptional Opportunity: 36.29 SqM of Wow-Factor at Groove Ratchada!

Are your property aspirations held in check by the restrained spaces currently in your portfolio? Do you seek a singularly spacious sanctuary to call your own without sacrificing sophisticated style? Then this extraordinary 36.29 SqM condo, part of the luxurious Groove Ratchada – Rama 9 Project in Din Daeng, Bangkok, will nurture those passions. Completed in December of 2020, this newly constructed condominium lifestyle package offers unlimited potential for the first-time real estate proprietor.For only ฿4,074,928 you can experience a 1 bedroom, 1 bathroom expanse of polished excellence. That's a mere ฿112,288/SqM and translates to an expansive living environment in per-square-foot value. Outfitted in sophisticated accents, this sensational proposition consists of cutting-edge features, which are truly the ultimate in modern convenience.From the characteristic balcony and expansive windows offering outstanding views, through to the convenient parking, shared pool and gym, this breathtaking boutique abode screams class. Embrace the lifestyle solutions that only this fine example of real estate can deliver. Send your details and enquire today.What are you waiting for? Seize the moment and experience the carefully curated wow-factor of this totally unexpected property concept. Its exclusive, private and yet coolly confident style is just the beginning. You'll be relieved to know that the 36.29 SqM condo is ready for immediate occupancy – the only thing missing is you. Set aside your hesitations and invest in this opportunity without delay.

Features

BalconyBalcony

Basic Information

Date Listed Jul 4, 2022
Updated 2 years ago
Property Type Condo
Floor 2
Bedroom 1
Size 391 Sqft
Price per Sqft $279
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

Foreign Quota, Thai Quota, Company
Furniture
Unfurnished
View(s) City View
Unit Type Xtend
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.
$61/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U250211

Investment Opportunity: Charges & Yield

Sale Price
$109,000
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.
$61/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Groove Ratchada - Rama 9, and the current sales price.
6%

Project Details

Project Name: Groove Ratchada - Rama 9
Construction: Completed (Dec 2020)
Floors: 8
Buildings: 1
Units: 154
Project Area: 15,371 Sqft
Nearest Landmark Phra Ram 9 MRT - 0.7 Km
Location: 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
Walking / Running Track Walking / Running Track
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Mini Theater Mini Theater
Communal Garden Area Communal Garden Area
Key card access Key card access
Shuttle Bus Shuttle Bus

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

Available Units at Groove Ratchada - Rama 9

For Sale 4 For Rent 5
Get notified when new homes are being added to Groove Ratchada - Rama 9
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Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
$1,450
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 $2 per square meter based on the size of indoor area of the property and is $61 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 $15 per square meter based on the size of the indoor area of the property.
Phra Ram 9 MRT is the nearest MRT Station 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
$1,450
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

Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
What a beautiful minimal-style condo!
Angela M., Australia, 3 years ago
This is a new condo project on Soi Ratchadaphisek 3, next to The Chinese Embassy, ​​easy to find the entrance. It is also near Fortune Town, Lotus Fortune Town, Central Rama 9, and other shopping malls, shops, and restaurants. The project is ideal for those who love a minimalist decorating style. The design is beautiful. There is a swimming pool, a fitness center, an outdoor mini-theater, and car parks available for the residents, but each area is quite small, and parking is highly insufficient for every unit. This condo is suitable for anyone who uses public transportation because the project includes a shuttle bus service to the MRT station. The room is well-designed and functional, but it can only accommodate 1-2 people.
Bangkok
Din Daeng

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Groove Ratchada - Rama 9

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
Din Daeng, Din Daeng, Bangkok
Number of units
335
Sales Prices
$105.89K - $297.03K
▼ -2.9% underpriced
Monthly Rentals
$461 - $1.1K
Year Built
May 2018
Completion Status
Completed
Location
Din Daeng, Din Daeng, Bangkok
Number of units
1025
Sales Prices
$73.98K - $159.27K
▲ 19% overpriced
Monthly Rentals
$319 - $696
Year Built
Aug 2020
Completion Status
Completed
Project Name
Kes Ratchada
Location
Din Daeng, Din Daeng, Bangkok
Number of units
70
Sales Prices
$113.14K
Monthly Rentals
$377 - $435
Year Built
Jan 2015
Completion Status
Completed
Project Name
Amanta Ratchada
Location
Din Daeng, Din Daeng, Bangkok
Number of units
344
Sales Prices
$200.18K - $254K
▼ -36% underpriced
Monthly Rentals
$812 - $3.19K
Year Built
Dec 2005
Completion Status
Completed
Project Name
Ivy Ampio
Location
Huai Khwang, Din Daeng, Bangkok
Number of units
289
Sales Prices
$156.66K - $1.13M
▼ -6.4% underpriced
Monthly Rentals
$522 - $3.77K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Siam Condominium
Location
Huai Khwang, Din Daeng, Bangkok
Number of units
218
Sales Prices
$182.77K - $197.28K
▼ -43% underpriced
Monthly Rentals
$725
Year Built
Jan 1985
Completion Status
Completed
Location
Din Daeng, Bangkok, Thailand
Number of units
543
Sales Prices
$90.81K - $348.14K
▼ -12.6% underpriced
Monthly Rentals
$348 - $1.02K
Year Built
Oct 2019
Completion Status
Completed
Location
Huai Khwang, Din Daeng, Bangkok
Number of units
755
Sales Prices
$107.92K - $260.81K
▼ -3.6% underpriced
Monthly Rentals
$377 - $1.02K
Year Built
Aug 2018
Completion Status
Completed
Location
Huai Khwang, Din Daeng, Bangkok
Number of units
802
Sales Prices
$92.84K - $287.21K
▼ -1% underpriced
Monthly Rentals
$348 - $1.02K
Year Built
Dec 2015
Completion Status
Completed
Location
Huai Khwang, Din Daeng, Bangkok
Number of units
1991
Sales Prices
$132.87K - $1.31M
▼ -6.4% underpriced
Monthly Rentals
$522 - $4.35K
Year Built
Dec 2015
Completion Status
Completed
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