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    1 Bedroom Condo for sale at The Niche ID - Rama 2
    Bang Mot, Chom Thong,Bangkok
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    Sale Price
    $40,000
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    1 Bedroom Condo for sale at The Niche ID - Rama 2
    (1 Review)
    Unit ID: U1927884
    6% Rental Yield
    Bang Mot, Chom Thong,Bangkok
    $40,000
    1 Bedroom
    1
    Bathroom
    377 Sqft
    Size
    3
    Floor
    Dec 2014
    Completed
    7
    Sale Price
    $40,000

    About This Condo

    This property is a 377 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Mot, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of $40,000 ($106/Sqft).

    1 Bedroom Condo For Sell At The Niche ID - Rama 2

    Located on Rama 2 Road, outbound Convenient transportation, near the expressway Near: the Purple Line (completed in 2026), Bangpakok 9 International Hospital, Nakhonthon Hospital, Bangmod Hospital, Bangpakok 1 Hospital, Central Rama 2, Decathlon, The Bright, SB Furniture, Index Living Mall, Home Pro, Big C

    Features

    Pool AccessPool Access Garden AccessGarden Access

    Basic Information

    Date Listed Sep 4, 2024
    Updated 2 months ago
    Property Type Condo
    Floor 3
    Bedroom 1
    Size 377 Sqft
    Price per Sqft $106
    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
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) 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.
    $40/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1927884

    Investment Opportunity: Charges & Yield

    Sale Price
    $40,000
    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.
    $40/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.
    17
    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 The Niche ID - Rama 2, and the current sales price.
    6%

    Project Details

    Project Name: The Niche ID - Rama 2
    Developer: N/A
    Construction: Completed (Dec 2014)
    Floors: 8
    Buildings: N/A
    Units: 616
    Project Area: N/A
    Nearest Landmark Chom Thong Train Station - 2.7 Km
    Location: Bang Mot, Bangkok
    The Niche ID - Rama 2 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 Niche ID - Rama 2

    For Sale 5 For Rent 4
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    • 1 Bed
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    Frequently Asked Questions

    The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $40 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 Niche ID - Rama 2 the required payment for the sinking fund is $14 per square meter based on the size of the indoor area of the property.
    Chom Thong Train Station is the nearest Railway Station from The Niche ID - Rama 2 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 The Niche ID - Rama 2 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
    A condo next to Rama 2 Road
    Warunee W., Thailand, 7 years ago
    I bought a one-bedroom unit in this condo because I like the room's decoration and design. This condo is located on Rama 2 Road, near shopping malls and hospitals. It is also convenient to travel because the expressway entrance and exit are only 850 meters away. The project includes a variety of facilities, such as the swimming pool, the fitness center, the shop, etc. The overall atmosphere is relaxed, peaceful and quiet, with nice neighbors. Plus, there is a golf cart shuttle service and all staff is polite.
    Bangkok
    Bang Mot

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    Town Avenue Rama 2 Soi 30
    Pruksa Ville 68
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    Baan Klang Muang Rama 2 – Bhuddhabucha
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    Amornchai 2
    Origins Bangmod-Rama 2
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