Unit ID: U1154472
5% Rental Yield
Tenant-Occupied until Dec 1, 2024
Din Daeng, Din Daeng,Bangkok
฿3,950,000
1 Bedroom
1
Bathroom
35 SqM
Size
5
Floor
Aug 2020
Completed

About This Condo

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Aspire Asoke-Ratchada project in Din Daeng, Bangkok and was completed in Aug 2020. You can buy this condo for a base price of ฿3,950,000 (฿112,857/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 31, 2023
Updated 3 months ago
Property Type Condo
Floor 5
Bedroom 1
Size 35 SqM
Price per SqM ฿112,857
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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.
฿1,995/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1154472

Investment Opportunity: Charges & Yield

Sale Price
฿3,950,000
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.
฿1,995/mo
Rent
฿15,000/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.
22
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.
5%

Project Details

Project Name: Aspire Asoke-Ratchada
Developer: AP (Thailand)
Construction: Completed (Aug 2020)
Floors: 8
Buildings: 6
Units: 1025
Project Area: 17,764 SqM
Nearest Landmark Phra Ram 9 MRT - 1.9 Km
Location: Din Daeng, Bangkok
Aspire Asoke-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
Sauna Sauna
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Outdoor Putting Green Outdoor Putting Green
Communal Garden Area Communal Garden Area

Popular Facilities at Aspire Asoke-Ratchada

  • Communal Pool
    1st Floor
  • Communal Gym
    2nd Floor
  • Communal Garden Area
    1st Floor

Available Units at Aspire Asoke-Ratchada

For Sale 8 For Rent 14
Get notified when new homes are being added to Aspire Asoke-Ratchada
View All (8)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Aspire Asoke-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 ฿57 per square meter based on the size of indoor area of the property and is ฿1,995 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 Aspire Asoke-Ratchada the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Phra Ram 9 MRT is the nearest MRT Station from Aspire Asoke-Ratchada and it is 1.9 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 Aspire Asoke-Ratchada you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
On handover
100%

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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

5 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 location and atmosphere feel like a 5-star resort
Sunny Han, China, 2 years ago
I was very impressed with this condo since, at first sight. It's stunning and luxurious, giving a 5-star resort atmosphere. There is a lot of green space and a beautiful garden with lovely decorations. I also like the project's facilities. The fitness center is quite large. There are 2 pools, one of them is a lab swimming pool that has a length of 50 meters, perfect for gym lovers. The room is fully furnished with standard materials and uses the key card for access. The balcony is great, spacious enough for balcony gardening. The location is excellent, located in an alley next to the Chinese Embassy, easy access to public transportation, and Central Rama 9 is only about 1 km away.
Bangkok
Din Daeng

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Aspire Asoke-Ratchada

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Kes Ratchada
Location
Din Daeng, Din Daeng, Bangkok
Number of units
70
Sales Prices
฿3.4M - ฿3.9M
Monthly Rentals
฿12K - ฿15K
Year Built
Jan 2015
Completion Status
Completed
Location
Din Daeng, Din Daeng, Bangkok
Number of units
154
Sales Prices
฿2.9M - ฿3.75M
▼ -16.3% underpriced
Monthly Rentals
฿14K - ฿18K
Year Built
Dec 2020
Completion Status
Completed
Location
Din Daeng, Bangkok, Thailand
Number of units
543
Sales Prices
฿3.29M - ฿13.2M
▼ -10.3% underpriced
Monthly Rentals
฿12K - ฿30K
Year Built
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Completion Status
Completed
Location
Din Daeng, Din Daeng, Bangkok
Number of units
335
Sales Prices
฿3.85M - ฿10.2M
Monthly Rentals
฿16K - ฿38K
Year Built
May 2018
Completion Status
Completed
Location
Din Daeng, Din Daeng, Bangkok
Number of units
920
Sales Prices
฿2.06M - ฿2.9M
▼ -48% underpriced
Monthly Rentals
฿9.7K - ฿15K
Year Built
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Completion Status
Completed
Project Name
Amanta Ratchada
Location
Din Daeng, Din Daeng, Bangkok
Number of units
344
Sales Prices
฿7.9M - ฿8.76M
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Monthly Rentals
฿30K - ฿84K
Year Built
Dec 2005
Completion Status
Completed
Location
Din Daeng, Din Daeng, Bangkok
Number of units
2177
Sales Prices
฿2.4M - ฿4.2M
▼ -2% underpriced
Monthly Rentals
฿8K - ฿20K
Year Built
Dec 2009
Completion Status
Completed
Location
Din Daeng, Din Daeng, Bangkok
Number of units
439
Sales Prices
฿2.6M - ฿4.2M
▲ 25% overpriced
Monthly Rentals
฿12K - ฿20K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Siam Condominium
Location
Huai Khwang, Din Daeng, Bangkok
Number of units
218
Sales Prices
฿6M - ฿7.8M
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
Huai Khwang, Din Daeng, Bangkok
Number of units
289
Sales Prices
฿5.2M - ฿34M
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Monthly Rentals
฿18K - ฿120K
Year Built
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Completion Status
Completed
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