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    2 Bedroom Condo for sale at The Address Siam-Ratchathewi
    Thanon Phet Buri, Ratchathewi,Bangkok
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    Sale Price
    $604,000
    Schedule Viewing

    2 Bedroom Condo for sale at The Address Siam-Ratchathewi
    (1 Review)
    Unit ID: U1739866
    4% Rental Yield
    Thanon Phet Buri, Ratchathewi,Bangkok
    $604,000
    2 Bedrooms
    2
    Bathrooms
    726 Sqft
    Size
    25
    Floor
    Dec 2022
    Completed
    14
    Sale Price
    $604,000

    About This Condo

    This property is a 726 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thanon Phet Buri, Bangkok and was completed in Dec 2022. You can buy this condo for a base price of $604,000 ($832/Sqft).

    Features

    Wet BarWet Bar BalconyBalcony

    Basic Information

    Date Listed Feb 20, 2024
    Updated N/A
    Property Type Condo
    Floor 25
    Bedrooms 2
    Size 726 Sqft
    Price per Sqft $832
    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
    Furniture
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Built In
    View(s) City View
    Unit Type 2BR
    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.
    $127/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1739866

    Investment Opportunity: Charges & Yield

    Sale Price
    $604,000
    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.
    $127/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.
    23
    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 The Address Siam-Ratchathewi, and the current sales price.
    4%

    Project Details

    Project Name: The Address Siam-Ratchathewi
    Developer: AP (Thailand)
    Construction: Completed (Dec 2022)
    Floors: 50
    Buildings: 1
    Units: 880
    Project Area: 58,373 Sqft
    Nearest Landmark Ratchathewi BTS - 0.2 Km
    Location: Thanon Phet Buri, Bangkok
    The Address Siam-Ratchathewi Project Details

    Project Features

    Communal Pool Communal Pool
    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
    Library / Reading Room Library / Reading Room
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at The Address Siam-Ratchathewi

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Communal Pool
      50th Floor
    • Communal Gym
      50th Floor
    • Communal Garden Area
      1st Floor
    • Reception / Lobby Area
      1st Floor

    Available Units at The Address Siam-Ratchathewi

    For Sale 95 For Rent 16
    • All
    • 1 Bed
    • 2 Beds
    Available Units at The Address Siam-Ratchathewi
    $377,000
    $501/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 753 Sqft Size
    Floor 47 Floor
    Foreign Quota Partly Furnished City View
    Available Units at The Address Siam-Ratchathewi
    $276,000
    $800/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 344 Sqft Size
    Floor 13 Floor
    Foreign Quota Fully Furnished City View
    Available Units at The Address Siam-Ratchathewi
    $216,000
    $574/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 377 Sqft Size
    Floor Ground Floor Floor
    Available Units at The Address Siam-Ratchathewi
    $276,000
    $811/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 341 Sqft Size
    Floor 10 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $450,000
    $795/Sqft
    Beds 2 Beds
    Baths 1 Baths
    Size 566 Sqft Size
    Floor 33 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $280,000$302,000
    $808/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 346 Sqft Size
    Floor 18 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $505,000
    $779/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 648 Sqft Size
    Floor 15 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $281,000$295,000
    $826/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 341 Sqft Size
    Floor 18 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $511,000
    $788/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 648 Sqft Size
    Floor 18 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $493,000
    $664/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 743 Sqft Size
    Floor 36 Floor
    Unfurnished City View
    Available Units at The Address Siam-Ratchathewi
    $281,000$296,000
    $826/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 341 Sqft Size
    Floor 18 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $523,000
    $807/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 648 Sqft Size
    Floor 25 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $285,000$297,000
    $836/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 341 Sqft Size
    Floor 18 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $532,000
    $821/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 648 Sqft Size
    Floor 30 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $287,000$311,000
    $827/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 346 Sqft Size
    Floor 25 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $538,000
    $829/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 648 Sqft Size
    Floor 33 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $548,000
    $845/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 648 Sqft Size
    Floor 42 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $292,000
    $841/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 346 Sqft Size
    Floor 30 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $572,000
    $800/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 714 Sqft Size
    Floor 10 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $542,000
    $837/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 648 Sqft Size
    Floor 36 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $293,000
    $860/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 341 Sqft Size
    Floor 30 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $293,000
    $860/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 341 Sqft Size
    Floor 30 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $296,000$327,000
    $868/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 341 Sqft Size
    Floor 33 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $585,000
    $788/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 742 Sqft Size
    Floor 10 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $296,000$327,000
    $868/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 341 Sqft Size
    Floor 33 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $294,000
    $850/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 346 Sqft Size
    Floor 33 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $604,000
    $832/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 726 Sqft Size
    Floor 25 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $577,000
    $808/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 714 Sqft Size
    Floor 15 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $296,000$319,000
    $869/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 341 Sqft Size
    Floor 30 Floor
    Foreign Quota City View
    Available Units at The Address Siam-Ratchathewi
    $297,000$459,000
    $857/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 346 Sqft Size
    Floor 36 Floor
    Foreign Quota City View
    Get notified when new homes are being added to The Address Siam-Ratchathewi
    View All (95)

    Loan Calculator

    Payment Plan

    1 Bedroom - Foreign Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $1,450
    2nd Installment
    Upon contract signing
    5%
    3rd Installment
    On handover
    95%
    2 Bedroom - Foreign Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $2,900
    2nd Installment
    Upon contract signing
    5%
    3rd Installment
    On handover
    95%
    1 Bedroom Duplex - Foreign Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $2,900
    2nd Installment
    Upon contract signing
    5%
    3rd Installment
    On completion
    95%

    Frequently Asked Questions

    No pets are allowed at The Address Siam-Ratchathewi 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 $127 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 Address Siam-Ratchathewi the required payment for the sinking fund is $17 per square meter based on the size of the indoor area of the property.
    Ratchathewi BTS is the nearest BTS Station from The Address Siam-Ratchathewi 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 The Address Siam-Ratchathewi you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    1 Bedroom - Foreign Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $1,450
    2nd Installment
    Upon contract signing
    5%
    3rd Installment
    On handover
    95%
    2 Bedroom - Foreign Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $2,900
    2nd Installment
    Upon contract signing
    5%
    3rd Installment
    On handover
    95%
    1 Bedroom Duplex - Foreign Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $2,900
    2nd Installment
    Upon contract signing
    5%
    3rd Installment
    On completion
    95%

    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
    Luxury condo in the heart of the city
    Adam Ryan, United States, 3 years ago
    It is a high-end condominium development in the heart of the city. A rooftop has an infinity pool and a fitness center, overlooking a panoramic view of Bangkok. The condo's rooms are standard, spacious, and artistically decorated. Inside, all pieces of furniture are imported, very luxurious, and the location is fantastic. We can count down on the New Year and see the fireworks from Central World right from the room. And only a few minutes from the project, I can get to famous shopping malls. There are both Central World and Siam Paragon, as well as famous restaurants. It's extremely convenient. It appeals to me greatly.
    Bangkok
    Thanon Phet Buri

    Neighborhood Overview

    Location and Neighborhood

    Street View

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