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    2 Bedroom Condo for sale at Petch 9 Tower
    Thanon Phaya Thai, Ratchathewi,Bangkok
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    Sale Price
    $370,000
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    2 Bedroom Condo for sale at Petch 9 Tower
    (1 Review)
    Unit ID: U1665946
    5% Rental Yield
    Thanon Phaya Thai, Ratchathewi,Bangkok
    $370,000
    2 Bedrooms
    2
    Bathrooms
    1,378 Sqft
    Size
    18
    Floor
    Dec 1993
    Completed
    12
    Sale Price
    $370,000

    About This Condo

    This property is a 1,378 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thanon Phaya Thai, Bangkok and was completed in Dec 1993. You can buy this condo for a base price of $370,000 ($268/Sqft) and it is also available for long term rentals starting from $1,630 per month.

    Features

    BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Sep 18, 2023
    Updated 8 months ago
    Property Type Condo
    Floor 18
    Bedrooms 2
    Size 1,378 Sqft
    Price per Sqft $268
    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%.

    N/A
    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.
    $246/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1665946

    Investment Opportunity: Charges & Yield

    Sale Price
    $370,000
    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.
    $246/mo
    Rent
    $1,630/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.
    19
    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.
    5%

    Project Details

    Project Name: Petch 9 Tower
    Developer: N/A
    Construction: Completed (Dec 1993)
    Floors: 24
    Buildings: N/A
    Units: 200
    Project Area: N/A
    Nearest Landmark Ratchathewi BTS - 0.2 Km
    Location: Thanon Phaya Thai, Bangkok
    Petch 9 Tower Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    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
    Sauna Sauna

    Available Units at Petch 9 Tower

    For Sale 1 For Rent 3
    • All
    • 2 Beds
    Get notified when new homes are being added to Petch 9 Tower
    View All (1)

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    Frequently Asked Questions

    No pets are allowed at Petch 9 Tower 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 $246 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.
    Ratchathewi BTS is the nearest BTS Station from Petch 9 Tower and it is 0.2 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 Petch 9 Tower 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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Beautiful condo
    Anwa G., Thailand, 7 years ago
    My foreign friend plans to move to Bangkok to work, so she asked me to view the condo because of its location and full of facilities. Although she works at a leading foreign securities company, she likes living surrounded by Thai culture. She chose to rent the neighborhood because she loves shopping and convenient transportation. The nearest train station is Ratchathewi BTS. It's suitable for her as she likes to walk a lot. She asked me to get the details of the 1-bedroom unit, take pictures and send details to her before signing the lease. At first, I was curious to know why my friends liked this project very much. When I knew it was a good project, full of facilities and contemporary decoration, feeling cozy, and having a good price, my friend and I loved it. So, I was quick to recommend her to rent here, because it fits my friend's lifestyle and her preferences very much. I recommend this project to anyone with the same lifestyle as my friend.
    Bangkok
    Thanon Phaya Thai

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