Unit ID: U620690
4% Rental Yield
Bang Wa, Phasi Charoen,Bangkok
฿3,500,000 Great Price
1 Bedroom
1
Bathroom
36.71 SqM
Size
4
Floor
Jul 2018
Completed

About This Condo

This property is a 36.71 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Chewathai Phetkasem 27 project in Bang Wa, Bangkok and was completed in Jul 2018. You can buy this condo for a base price of ฿3,500,000 (฿95,342/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jun 16, 2020
Updated N/A
Property Type Condo
Floor 4
Bedroom 1
Size 36.71 SqM
Price per SqM ฿95,342
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%.

Foreign Quota, Thai Quota, Company
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 1BR
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.
฿1,285/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U620690

Price Analysis

Great Price
Estimated market value ฿3,791,934
Great
฿3,400,000
Good
Fair
Above
฿4,890,000
Current asking Price: ฿3,500,000 | Rental estimate: ฿11,500/mo
This condo is ฿291,934 BELOW MARKET (-8%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿3,500,000
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.
฿1,285/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.
25
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 1 bedroom condos at Chewathai Phetkasem 27, and the current sales price.
4%

Project Details

Project Name: Chewathai Phetkasem 27
Developer: Chewathai
Construction: Completed (Jul 2018)
Floors: 26
Buildings: N/A
Units: 638
Project Area: N/A
Nearest Landmark Bang Wa MRT - 0.4 Km
Location: Bang Wa, Bangkok
Chewathai Phetkasem 27 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 Chewathai Phetkasem 27

For Sale 15 For Rent 4
Available Units at Chewathai Phetkasem 27
฿4,000,000
฿95,238/SqM
Beds 2 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 16 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿3,500,000
฿95,342/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 36.71 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿4,330,000
฿94,315/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 45.91 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿4,390,000
฿104,524/SqM
Beds 2 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿1,860,000
฿78,647/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 23.65 SqM Size
Floor 7 Floor
Thai Quota Unfurnished Pool View
Available Units at Chewathai Phetkasem 27
฿2,300,000
฿74,194/SqM
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿4,200,000
฿99,573/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 42.18 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿2,550,000
฿98,077/SqM
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 23 Floor
Foreign Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿2,400,000
฿100,000/SqM
Beds Studio Beds
Baths 1 Baths
Size 24 SqM Size
Floor 11 Floor
Foreign Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿2,500,000
฿96,154/SqM
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 21 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿3,100,000
฿101,175/SqM
Beds 1 Beds
Baths 1 Baths
Size 30.64 SqM Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿3,300,000
฿102,041/SqM
Beds 1 Beds
Baths 1 Baths
Size 32.34 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿2,350,000
฿100,000/SqM
Beds Studio Beds
Baths 1 Baths
Size 23.50 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿4,390,000
฿102,093/SqM
Beds 2 Beds
Baths 1 Baths
Size 43 SqM Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Available Units at Chewathai Phetkasem 27
฿3,930,000
฿85,305/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 46.07 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to Chewathai Phetkasem 27
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Frequently Asked Questions

No pets are allowed at Chewathai Phetkasem 27 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,285 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 Chewathai Phetkasem 27 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Bang Wa MRT is the nearest MRT Station from Chewathai Phetkasem 27 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 Chewathai Phetkasem 27 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

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
New condo near Bang Wa MRT and Bang Wa BTS
Jordan Pierart, Belgium, 4 years ago
I just moved into my 1 bedroom condo last year. My room's interior is spacious and fully furnished. The project also provides a high level of privacy and security because there is a private elevator and 24-hour security guards as well. Further, there are 3 different green spaces. In addition, the project is located near Bang Wa MRT and Bang Wa BTS within a few minutes' walking distance, also, not far from Seacon Bang Khae shopping mall that you can reach within 6 minutes by car.
Bangkok
Bang Wa

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Chewathai Phetkasem 27

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
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
835
Sales Prices
฿2.68M - ฿3.36M
▼ -36% underpriced
Monthly Rentals
฿8.5K - ฿18K
Year Built
Dec 2012
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
402
Sales Prices
฿2.2M - ฿2.73M
Monthly Rentals
฿9K - ฿9.5K
Year Built
Dec 2020
Completion Status
Completed
Location
Pak Khlong Phasi Charoen, Phasi Charoen, Bangkok
Number of units
1049
Sales Prices
฿2.2M - ฿3.8M
▼ -7.5% underpriced
Monthly Rentals
฿9K - ฿15K
Year Built
Sep 2018
Completion Status
Completed
Location
Pak Khlong Phasi Charoen, Phasi Charoen, Bangkok
Number of units
793
Sales Prices
฿3M
Monthly Rentals
฿10K - ฿14K
Year Built
Jan 2016
Completion Status
Completed
Location
Pak Khlong Phasi Charoen, Phasi Charoen, Bangkok
Number of units
584
Sales Prices
฿2.59M - ฿5.15M
▼ -34% underpriced
Monthly Rentals
฿8.5K - ฿30K
Year Built
Dec 2013
Completion Status
Completed
Location
Pak Khlong Phasi Charoen, Phasi Charoen, Bangkok
Number of units
799
Sales Prices
฿3.19M - ฿4.69M
Monthly Rentals
฿9K - ฿14.5K
Year Built
Dec 2017
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
640
Sales Prices
฿2.59M - ฿3.85M
▼ -21% underpriced
Monthly Rentals
฿9K - ฿23K
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
1250
Sales Prices
฿2.5M
Monthly Rentals
฿9.9K
Year Built
Jan 2016
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
639
Sales Prices
฿3.4M - ฿6.17M
▼ -3.7% underpriced
Monthly Rentals
฿11K
Year Built
Dec 2020
Completion Status
Completed
Location
Bang Wa, Phasi Charoen, Bangkok
Number of units
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Year Built
Dec 2019
Completion Status
Completed
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