Unit ID: U1846254
4% Rental Yield
Thanon Phaya Thai, Ratchathewi,Bangkok
$473,000
2 Bedrooms
2
Bathrooms
612 Sqft
Size
16
Floor
Mar 2024
Completed

About This Condo

This property is a 612 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 Mar 2024. You can buy this condo for a base price of $473,000 ($773/Sqft).

Features

BalconyBalcony

Basic Information

Date Listed May 23, 2024
Updated N/A
Property Type Condo
Floor 16
Bedrooms 2
Size 612 Sqft
Price per Sqft $773
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.
$140/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1846254

Investment Opportunity: Charges & Yield

Sale Price
$473,000
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.
$140/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.
28
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 Extro Phayathai - Rangnam, and the current sales price.
4%

Project Details

Developer: Singha Estate
Construction: Completed (Mar 2024)
Floors: 33
Buildings: 1
Units: 411
Project Area: 37,501 Sqft
Nearest Landmark Victory Monument BTS - 0.4 Km
Location: Thanon Phaya Thai, Bangkok
The Extro Phayathai - Rangnam Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area

Popular Facilities at The Extro Phayathai - Rangnam

  • Lounge
    33rd Floor
  • Communal Garden Area
    Ground Floor
  • Communal Gym
    32nd Floor
  • Communal Pool
    32nd Floor

Available Units at The Extro Phayathai - Rangnam

For Sale 39 For Rent 18
Updated 3 weeks ago
Available Units at The Extro Phayathai - Rangnam
$232,000
$673/Sqft
Beds 1 Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Available Units at The Extro Phayathai - Rangnam
$234,000
$664/Sqft
Beds 1 Beds
Baths 1 Baths
Size 352 Sqft Size
Floor 16 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$395,000
$606/Sqft
Beds 2 Beds
Baths 2 Baths
Size 652 Sqft Size
Floor 8 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$220,000
$640/Sqft
Beds 1 Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 11 Floor
Foreign Quota Fully Furnished City View
Available Units at The Extro Phayathai - Rangnam
$234,000
$667/Sqft
Beds 1 Beds
Baths 1 Baths
Size 350 Sqft Size
Floor 16 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$406,000
$631/Sqft
Beds 2 Beds
Baths 2 Baths
Size 643 Sqft Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$239,000
$603/Sqft
Beds 1 Beds
Baths 1 Baths
Size 397 Sqft Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$410,000
$637/Sqft
Beds 2 Beds
Baths 2 Baths
Size 643 Sqft Size
Floor 8 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$241,000
$617/Sqft
Beds 1 Beds
Baths 1 Baths
Size 391 Sqft Size
Floor 8 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$417,000
$785/Sqft
Beds 2 Beds
Baths 2 Baths
Size 532 Sqft Size
Floor 29 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$241,000
$615/Sqft
Beds 1 Beds
Baths 1 Baths
Size 392 Sqft Size
Floor 8 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$419,000
$685/Sqft
Beds 2 Beds
Baths 2 Baths
Size 612 Sqft Size
Floor 10 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$245,000
$608/Sqft
Beds 1 Beds
Baths 1 Baths
Size 402 Sqft Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$439,000
$673/Sqft
Beds 2 Beds
Baths 2 Baths
Size 652 Sqft Size
Floor 17 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$247,000
$614/Sqft
Beds 1 Beds
Baths 1 Baths
Size 402 Sqft Size
Floor 8 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$442,000
$679/Sqft
Beds 2 Beds
Baths 2 Baths
Size 652 Sqft Size
Floor 18 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$254,000
$721/Sqft
Beds 1 Beds
Baths 1 Baths
Size 352 Sqft Size
Floor 25 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$446,000
$693/Sqft
Beds 2 Beds
Baths 2 Baths
Size 643 Sqft Size
Floor 16 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$254,000
$724/Sqft
Beds 1 Beds
Baths 1 Baths
Size 350 Sqft Size
Floor 25 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$446,000
$693/Sqft
Beds 2 Beds
Baths 2 Baths
Size 643 Sqft Size
Floor 17 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$254,000
$654/Sqft
Beds 1 Beds
Baths 1 Baths
Size 389 Sqft Size
Floor 15 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$446,000
$730/Sqft
Beds 2 Beds
Baths 2 Baths
Size 612 Sqft Size
Floor 10 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$258,000
$661/Sqft
Beds 1 Beds
Baths 1 Baths
Size 391 Sqft Size
Floor 17 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$453,000
$741/Sqft
Beds 2 Beds
Baths 2 Baths
Size 612 Sqft Size
Floor 18 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$258,000
$668/Sqft
Beds 1 Beds
Baths 1 Baths
Size 387 Sqft Size
Floor 17 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$455,000
$772/Sqft
Beds 2 Beds
Baths 2 Baths
Size 589 Sqft Size
Floor 25 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$459,000
$778/Sqft
Beds 2 Beds
Baths 2 Baths
Size 589 Sqft Size
Floor 26 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$265,000
$702/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 25 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$265,000
$680/Sqft
Beds 1 Beds
Baths 1 Baths
Size 391 Sqft Size
Floor 20 Floor
Foreign Quota City View
Available Units at The Extro Phayathai - Rangnam
$473,000
$773/Sqft
Beds 2 Beds
Baths 2 Baths
Size 612 Sqft Size
Floor 16 Floor
Foreign Quota City View
Get notified when new homes are being added to The Extro Phayathai - Rangnam
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Loan Calculator

Payment Plan

1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
$1,450
1st Installment
Upon contract signing
3%
2nd Installment
On handover
97%
2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
$290
1st Installment
Upon contract signing
3%
2nd Installment
On handover
97%
2 Bedroom DP
Installment Milestone Payment
Reservation Deposit
Immediately
$8,700
1st Installment
Upon contract signing
3%
2nd Installment
On handover
97%

Frequently Asked Questions

No pets are allowed at The Extro Phayathai - Rangnam 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 $140 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 Extro Phayathai - Rangnam the required payment for the sinking fund is $25 per square meter based on the size of the indoor area of the property.
Victory Monument BTS is the nearest BTS Station from The Extro Phayathai - Rangnam and it is 0.4 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 Extro Phayathai - Rangnam you have to follow these steps:

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

 


1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
$1,450
1st Installment
Upon contract signing
3%
2nd Installment
On handover
97%
2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
$290
1st Installment
Upon contract signing
3%
2nd Installment
On handover
97%
2 Bedroom DP
Installment Milestone Payment
Reservation Deposit
Immediately
$8,700
1st Installment
Upon contract signing
3%
2nd Installment
On handover
97%

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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great condo, pleasant location
Jutatip Rattanadirek, Thailand, 3 years ago
I was looking for a nice condo not far from the Victory Monument for my own living, and my friend just recommended this condo to me. This place is in a convenient location of Soi Rangnam, which is the business district, with a lot of hotels, schools, public parks, shops, and restaurants. I have seen the room on their website and found it will open soon. The project is very beautiful, offers many room types such as 1-2 bedrooms, 2 bedroom duplex, and 2 bedroom plus. All room types have a spacious living area and built-in furniture. Moreover, the condo provides various facilities such as a swimming pool, a sauna, a meeting room, a garden, bar, lounge, etc. It is an interesting option for me as it also comes at a very affordable price.
Bangkok
Thanon Phaya Thai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Extro Phayathai - Rangnam

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
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Location
Thanon Phaya Thai, Ratchathewi, Bangkok
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Year Built
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Completed
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