Unit ID: U1862604
6% Rental Yield
Makkasan, Ratchathewi,Bangkok
$140,000
2 Bedrooms
1
Bathroom
603 Sqft
Size
5
Floor
Dec 2009
Completed

About This Condo

This property is a 603 Sqft condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Makkasan, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of $140,000 ($233/Sqft).

Conveniently located 2 bed modern condo near Airport link

:: Details ::- 2 bedrooms, 1 bathroom- 7th floor- Size 56 sqm- Fully furnished with air-cons, bed, closets, kitchen- 1 parking space:: Near by places ::- Victory Monument / BTS Victory Monument (800m.)- Airport Rail Link Rachaprarop (700m.)- King Power Duty Free (850m.)- Central World department store (1.5km.)- Sukhumvit area (2km.):: Building Facilities ::- Swimming pool- Gym- Car parking- Laundry room- Proximity Key card system in Main Entrance, Lift and car park area- 24-hour security system

Features

Pool AccessPool Access Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Jun 7, 2024
Updated 3 weeks ago
Property Type Condo
Floor 5
Bedrooms 2
Size 603 Sqft
Price per Sqft $233
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) Skyline View
Unit Type N/A
Building Chewathai Ratchaprarop
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.
$58/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1862604

Investment Opportunity: Charges & Yield

Sale Price
$140,000
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.
$58/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 2 bedroom condos at Chewathai Ratchaprarop, and the current sales price.
6%

Project Details

Project Name: Chewathai Ratchaprarop
Developer: Chewathai
Construction: Completed (Dec 2009)
Floors: 26
Buildings: 1
Units: 329
Project Area: 38,320 Sqft
Nearest Landmark Victory Monument BTS - 0.6 Km
Location: Makkasan, Bangkok
Chewathai Ratchaprarop 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

Popular Facilities at Chewathai Ratchaprarop

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor

Available Units at Chewathai Ratchaprarop

For Sale 4 For Rent 3
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Frequently Asked Questions

No pets are allowed at Chewathai Ratchaprarop 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 $58 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.
Victory Monument BTS is the nearest BTS Station from Chewathai Ratchaprarop and it is 0.6 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 Chewathai Ratchaprarop 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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A 2010 New Year's gift for myself
Francisco Reno, Germany, 14 years ago
I just worked for five years and saved enough money to buy a two-bedroom condo with a unit area of about 50 square meters. Probably. It's a new condo that was just completed in December 2009. The cost of living alone or with a partner is not incredibly expensive. However, it is not ideal for living with a large family because it may be too cramped. The location is also considered to be convenient, as it is close to Skytrain stations and only a few minutes away. It is easily and comfortably accessible to all places without regard for traffic congestion. The project facilities are the same as in other condos, and the pool is too small in comparison to the total units (nearly 300). The gym is small and has limited exercise equipment. Actually, the condo here is considered old, but it has been meticulously maintained, and it seems new. The overall condition is good. However, I would like anyone to consider this condo, which is located in the heart of the city and is easily accessible for traveling, rather than focusing on the condo condition.
Bangkok
Makkasan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Chewathai Ratchaprarop

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Year Built
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