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    2 Bedroom Condo for sale at The Room Rama 4
    Rong Mueang, Pathum Wan,Bangkok
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    Sale Price
    $461,000
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    2 Bedroom Condo for sale at The Room Rama 4
    (2 Reviews)
    Unit ID: U1901997
    4% Rental Yield
    Rong Mueang, Pathum Wan,Bangkok
    $461,000
    2 Bedrooms
    2
    Bathrooms
    923 Sqft
    Size
    22
    Floor
    Dec 2015
    Completed
    7
    Sale Price
    $461,000

    About This Condo

    This property is a 923 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Rong Mueang, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of $461,000 ($500/Sqft).

    Basic Information

    Date Listed Jul 25, 2024
    Updated 3 months ago
    Property Type Condo
    Floor 22
    Bedrooms 2
    Size 923 Sqft
    Price per Sqft $500
    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
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) N/A
    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.
    $124/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1901997

    Investment Opportunity: Charges & Yield

    Sale Price
    $461,000
    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.
    $124/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 Room Rama 4, and the current sales price.
    4%

    Project Details

    Project Name: The Room Rama 4
    Developer: Land and Houses
    Construction: Completed (Dec 2015)
    Floors: 35
    Buildings: N/A
    Units: 286
    Project Area: N/A
    Nearest Landmark Hua Lamphong MRT - 0.4 Km
    Location: Rong Mueang, Bangkok
    The Room Rama 4 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
    Reception / Lobby Area Reception / Lobby Area

    Available Units at The Room Rama 4

    For Sale 12 For Rent 14
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Room Rama 4
    View All (12)

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    Frequently Asked Questions

    No pets are allowed at The Room Rama 4 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 $124 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.
    Hua Lamphong MRT is the nearest MRT Station from The Room Rama 4 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 Room Rama 4 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
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The project is next to the main road, very convenient.
    Miki Carroll, United States, 3 years ago
    The project is located in an excellent location of the Sam Yan area, next to the Rama IV Road, and just a short walk to Hua Lamphong MRT. It is also close to many famous shopping centers in Siam, such as Siam Paragon and Siam Discovery. It is so great for a shopper like me! There are many famous restaurants where you can enjoy many excellent local foods without getting bored. This project is very modern with a simple design. My one-bedroom apartment is fully equipped with all functions and well designed space. The common area is very clean and well maintained. The staff is friendly, always helpful, and able to resolve a simple problem quickly. Recommend!
    Great value!
    Sandy Ross, United States, 5 years ago
    Lavish high-rise condo in a convenient location, next to Rama IV Road. Easy to travel as it's 400 meters away from the Hua Lamphong MRT. The atmosphere is livable and quiet. There are a swimming pool, fitness, and parking for residents. The people here are excellent. The staff is helpful and service-minded. I paid a lot, but it's good value for money, very satisfied.
    Bangkok
    Rong Mueang

    Neighborhood Overview

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