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    1 Bedroom Condo for sale at Serrano Condominium Rama II
    Samae Dam, Bang Khun Thian,Bangkok
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    Sale Price
    $59,600
    Request Details

    1 Bedroom Condo for sale at Serrano Condominium Rama II
    (1 Review)
    Unit ID: U1051424
    4% Rental Yield
    Samae Dam, Bang Khun Thian,Bangkok
    $59,600
    1 Bedroom
    1
    Bathroom
    346 Sqft
    Size
    2
    Floor
    Dec 2014
    Completed
    9
    Sale Price
    $59,600

    About This Condo

    This property is a 346 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Samae Dam, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of $59,600 ($172/Sqft) and it is also available for long term rentals starting from $192 per month.

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Jan 11, 2022
    Updated 2 years ago
    Property Type Condo
    Floor 2
    Bedroom 1
    Size 346 Sqft
    Price per Sqft $172
    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%.

    Thai 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.
    $33/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1051424

    Investment Opportunity: Charges & Yield

    Sale Price
    $59,600
    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.
    $33/mo
    Rent
    $192/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.
    26
    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: Serrano Condominium Rama II
    Developer: Inspire Estate Company Limited
    Construction: Completed (Dec 2014)
    Floors: 8
    Buildings: 3
    Units: 458
    Project Area: 73,152 Sqft
    Nearest Landmark Chom Thong Train Station - 5.2 Km
    Location: Samae Dam, Bangkok
    Serrano Condominium Rama II Project Details

    Project Features

    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
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Library / Reading Room Library / Reading Room
    Golf Simulator Golf Simulator
    Communal Garden Area Communal Garden Area
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Attached Market / Shops Attached Market / Shops
    Back Up Generators Back Up Generators
    Key card access Key card access
    Shuttle Bus Shuttle Bus

    Popular Facilities at Serrano Condominium Rama II

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      Ground Floor
    • Communal Gym
      2nd Floor
    • Co-Working Space / Meeting Room
      Ground Floor

    Available Units at Serrano Condominium Rama II

    For Sale 3 For Rent 2
    • All
    • 1 Bed
    Get notified when new homes are being added to Serrano Condominium Rama II
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at Serrano Condominium Rama II 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 $1 per square meter based on the size of indoor area of the property and is $33 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 Serrano Condominium Rama II the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Chom Thong Train Station is the nearest Railway Station from Serrano Condominium Rama II and it is 5.2 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 Serrano Condominium Rama II 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

    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
    The room here is very good.
    Stanard Duke, United States, 4 years ago
    The room here is very good. It is fully furnished. The kitchen is practical, and it is easy to dry clothes on a balcony. It has a good atmosphere, beautiful views, and friendly staff, especially the security guards. The swimming pool is rather large. But there are disadvantages as well. The overgrown garden isn't well-maintained. There is just one elevator working normally. These problems must be solved. By the way, there is a 7-Eleven downstairs. Overall, the rent is reasonable. The location is great and quiet, suitable for people with personal cars since there is no electric train station nearby. However, it's only a 9-minute walk to Central Rama 2.
    Bangkok
    Samae Dam

    Neighborhood Overview

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