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    Studio Condo for sale at Diamond Ratchada
    Din Daeng, Din Daeng,Bangkok
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    Sale Price
    $88,000
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    Studio Condo for sale at Diamond Ratchada
    (1 Review)
    Unit ID: U1394062
    4% Rental Yield
    Din Daeng, Din Daeng,Bangkok
    $88,000
    Studio Bedroom
    1
    Bathroom
    355 Sqft
    Size
    6
    Floor
    Dec 2009
    Completed
    19
    Sale Price
    $88,000

    About This Condo

    This property is a 355 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Din Daeng, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of $88,000 ($248/Sqft).

    Features

    BalconyBalcony Fully RenovatedFully Renovated (2023) Washing MachineWashing Machine

    Basic Information

    Date Listed Apr 24, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 6
    Bedroom Studio
    Size 355 Sqft
    Price per Sqft $248
    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.
    $34/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1394062

    Investment Opportunity: Charges & Yield

    Sale Price
    $88,000
    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.
    $34/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other studio condos at Diamond Ratchada, and the current sales price.
    4%

    Project Details

    Project Name: Diamond Ratchada
    Developer: N/A
    Construction: Completed (Dec 2009)
    Floors: 31
    Buildings: N/A
    Units: 436
    Project Area: 81,289 Sqft
    Nearest Landmark Huai Khwang MRT - 0.5 Km
    Location: Din Daeng, Bangkok
    Diamond Ratchada 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

    Available Units at Diamond Ratchada

    For Sale 6 For Rent 6
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Diamond Ratchada
    View All (6)

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    Frequently Asked Questions

    No pets are allowed at Diamond Ratchada 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 $34 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.
    Huai Khwang MRT is the nearest MRT Station from Diamond Ratchada and it is 0.5 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 Diamond Ratchada 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
    Nice condo in Huai Khwang area.
    Veola J., Australia, 3 years ago
    It's a great condo on Ratchadaphisek Road, which is convenient because it is near Huai Khwang MRT station, Huai Khwang intersection and major department stores. This condo meets the needs of living quite well. The project is filled with many facilities such as the swimming pool, the sauna, the fitness center, the garden area, etc. There is a strict security system in place. Also, the room I stayed in was a one-bedroom unit with plenty of space, and was beautifully decorated with high-quality materials. I was very impressed.
    Bangkok
    Din Daeng

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