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    2 Bedroom Condo for sale at Villa Rachatewi
    Thanon Phaya Thai, Ratchathewi,Bangkok
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    Sale Price
    $325,000
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    2 Bedroom Condo for sale at Villa Rachatewi
    (1 Review)
    Unit ID: U1401340
    4% Rental Yield
    Tenant-Occupied until Jul 1, 2025
    Thanon Phaya Thai, Ratchathewi,Bangkok
    $325,000
    2 Bedrooms
    1
    Bathroom
    729 Sqft
    Size
    8
    Floor
    Dec 2008
    Completed
    12
    Sale Price
    $325,000

    About This Condo

    This property is a 729 Sqft condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Thanon Phaya Thai, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of $325,000 ($446/Sqft) and it is also available for long term rentals starting from $1,030 per month.

    Features

    BalconyBalcony Washing MachineWashing Machine TVTV

    Basic Information

    Date Listed Apr 28, 2023
    Updated 3 months ago
    Property Type Condo
    Floor 8
    Bedrooms 2
    Size 729 Sqft
    Price per Sqft $446
    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
    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.
    $80/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1401340

    Investment Opportunity: Charges & Yield

    Sale Price
    $325,000
    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.
    $80/mo
    Rent
    $1,030/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.
    26
    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.
    4%

    Project Details

    Project Name: Villa Rachatewi
    Developer: TCC Capital Land
    Construction: Completed (Dec 2008)
    Floors: 44
    Buildings: 2
    Units: 744
    Project Area: 84,432 Sqft
    Nearest Landmark Phaya Thai BTS - 0.3 Km
    Location: Thanon Phaya Thai, Bangkok
    Villa Rachatewi Project Details

    Project Features

    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
    Steam Room Steam Room
    Sauna Sauna
    Walking / Running Track Walking / Running Track
    Yoga Area Yoga Area
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Library / Reading Room Library / Reading Room
    Communal Garden Area Communal Garden Area
    Attached Market / Shops Attached Market / Shops
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Villa Rachatewi

    • All
    • Fitness
    • Leisure
    4
    • Communal Pool
      7th Floor
    • Communal Gym
      7th Floor
    • Steam Room
      7th Floor
    • Sauna
      7th Floor
    • Indoor Kids Zone
      7th Floor

    Available Units at Villa Rachatewi

    For Sale 9 For Rent 33
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Villa Rachatewi
    View All (9)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Villa Rachatewi 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 $80 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.
    Phaya Thai BTS is the nearest BTS Station from Villa Rachatewi and it is 0.3 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 Villa Rachatewi 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

    4.8 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Excellent condo close to Ratchathewi BTS
    Hanna Huang, China, 3 years ago
    We moved here in March 2022. The location is super, surrounded by shopping places, such as Siam Paragon, Pratunam, etc., and it is easy to get to Ratchathewi BTS and Phaya Thai ARL. The staff is also great. The view from my room is amazing, looking over the city. The size exactly suits me, and the bed is so comfy and new! The facilities are excellent; there is a nice pool with a spectacular view. It’s the right place for a couple and families. Recommended!
    Bangkok
    Thanon Phaya Thai

    Neighborhood Overview

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