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    2 Bedroom Condo for sale at The Privacy Rama 9
    Suan Luang, Suan Luang,Bangkok
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    Sale Price
    $162,000
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    2 Bedroom Condo for sale at The Privacy Rama 9

    (1 Review)
    Unit ID: U1171784
    5% Rental Yield
    Suan Luang, Suan Luang,Bangkok
    $162,000
    2 Bedrooms
    2
    Bathrooms
    495 Sqft
    Size
    20
    Floor
    Jan 2020
    Completed
    11
    Sale Price
    $162,000

    About This Condo

    This property is a 495 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Jan 2020. You can buy this condo for a base price of $162,000 ($328/Sqft).

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Nov 15, 2022
    Updated 1 year ago
    Property Type Condo
    Floor 20
    Bedrooms 2
    Size 495 Sqft
    Price per Sqft $328
    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, 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) City View, Unblocked Open View
    Unit Type N/A
    Building The Privacy Rama 9
    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.
    $57/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1171784

    Investment Opportunity: Charges & Yield

    Sale Price
    $162,000
    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.
    $57/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 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 Privacy Rama 9 , and the current sales price.
    5%

    Project Details

    Project Name: The Privacy Rama 9
    Developer: Pruksa Real Estate
    Construction: Completed (Jan 2020)
    Floors: 30
    Buildings: 1
    Units: 854
    Project Area: 80,105 Sqft
    Nearest Landmark Ramkhamhaeng ARL - 0.4 Km
    Location: Suan Luang, Bangkok
    The Privacy Rama 9 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
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Basketball Court Basketball Court
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Mini Theater Mini Theater
    Library / Reading Room Library / Reading Room
    Lounge Lounge
    Communal Garden Area Communal Garden Area
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at The Privacy Rama 9

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      5th Floor
    • Communal Gym
      5th Floor
    • Mini Theater
      5th Floor
    • Lounge
      30th Floor

    Available Units at The Privacy Rama 9

    For Sale 12 For Rent 16
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Privacy Rama 9
    View All (12)

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    Frequently Asked Questions

    No pets are allowed at The Privacy Rama 9 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 $57 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 Privacy Rama 9 the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Ramkhamhaeng ARL is the nearest Airport Rail Link Station from The Privacy Rama 9 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 Privacy Rama 9 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
    The condo has a lot of facilities.
    George Hick, Denmark, 3 years ago
    I made the right choice choosing this condo's 1 bedroom unit as the room is spacious and nicely decorated. The thing that impressed me the most is that there are a lot of facilities: 3 lounges here, including a large swimming pool, fitness center, bar, theater room, etc. The next impression is the location on the main road and expressway; it is very convenient to drive anywhere. If you prefer to travel by train, Ramkhamhaeng ARL station is only 250 meters away. In addition, there are numerous shopping malls, shops, and restaurants in the area. Everything is in one place!
    Bangkok
    Suan Luang

    Neighborhood Overview

    Location and Neighborhood

    Street View

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