Unit ID: U653544
4% Rental Yield
Tenant-Occupied until Aug 1, 2024
Thung Phaya Thai, Ratchathewi,Bangkok
฿6,500,000 Great Price
1 Bedroom
1
Bathroom
36.20 SqM
Size
35
Floor
Dec 2010
Completed

About This Condo

This property is a 36.20 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Ideo Q Phayathai project in Thung Phaya Thai, Bangkok and was completed in Dec 2010. You can buy this condo for a base price of ฿6,500,000 (฿179,558/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

Features

Pool AccessPool Access Garden AccessGarden Access Covered ParkingCovered Parking BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV Direct access to BTS/MRTDirect access to BTS/MRT

Basic Information

Date Listed Jan 12, 2021
Updated 8 months ago
Property Type Condo
Floor 35
Bedroom 1
Size 36.20 SqM
Price per SqM ฿179,558
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, Unblocked Open 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.
฿1,267/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U653544

Price Analysis

Great Price
Estimated market value ฿7,745,479
Great
฿6,200,000
Good
Fair
Above
฿9,090,000
Current asking Price: ฿6,500,000 | Advertised rental rate: ฿20,000/mo
This condo is ฿1,245,479 BELOW MARKET (-16%) 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
฿6,500,000
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.
฿1,267/mo
Rent
฿20,000/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.
27
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: Ideo Q Phayathai
Developer: Ananda Development
Construction: Completed (Dec 2010)
Floors: 38
Buildings: N/A
Units: 476
Project Area: 4,236 SqM
Nearest Landmark Phaya Thai BTS - 0.2 Km
Location: Thung Phaya Thai, Bangkok
Ideo Q Phayathai Project Details

Project Features

On Site Restaurant On Site Restaurant
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
Sauna Sauna

Available Units at Ideo Q Phayathai

For Sale 7 For Rent 7
Get notified when new homes are being added to Ideo Q Phayathai
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Loan Calculator

Frequently Asked Questions

No pets are allowed at Ideo Q Phayathai 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 ฿1,267 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 Ideo Q Phayathai and it is 0.2 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 Ideo Q Phayathai 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

4.7 out of 5
Based on
3 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
This place makes my quality of living in Bangkok much better
Olivia Voigt, Germany, 4 years ago
I would say that moving here making my quality of living in Bangkok much better. First of all, the location isn't far from Phayathai BTS within 2 minutes walking. It's time-saving! The room I stayed in is a right-size one-bedroom unit. Besides, the facilities are complete. There is also a Starbucks coffee shop on the ground floor, which is so convenient. I didn't make any mistake renting this place.
A quiet place just several steps from BTS Phayathai.
Kornrawee Panyasuppakun, Thailand, 4 years ago
it's close to Phayathai BTS station and the airport link, which makes it super easy for me to go to Siam to hang out with friends, Asoke where my office is located, and Suvarnabhumi Airport. It's also very easy to get to Chulalongkorn University (by bus/BTS), which is lots of Chula students choose to live here. It's also quiet at night despite located on Phayathai Road. Security is good, too. The juristic persons is also strict with daily rental and they set up "bounty" for offenders. That's why you won't see so many tourists using the pool and gym. What I don't like is that guest parking space is limited.
A great condo in a prime location
Lauren Green, United States, 5 years ago
My room is a one-bedroom unit with complete functions. There are also various facilities in the project, including a coffee shop, a swimming pool, and large parking spaces. There is also a good service staff, but some days they cause trouble to us. Overall, it's ok. If you live here, you feel at ease with both traveling and living matters. Plus, it is just a few steps to walk to the Phaya Thai BTS station, and easy to find food in this area since it is adjacent to Siam Paragon as well.
Bangkok
Thung Phaya Thai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Ideo Q Phayathai

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
Thung Phaya Thai, Ratchathewi, Bangkok
Number of units
635
Sales Prices
฿6.9M - ฿15.3M
Monthly Rentals
฿18K - ฿50K
Year Built
Dec 1994
Completion Status
Completed
Project Name
Baan Pathumwan
Location
Thung Phaya Thai, Ratchathewi, Bangkok
Number of units
194
Sales Prices
฿4.09M - ฿4.2M
Monthly Rentals
฿18K - ฿20K
Year Built
Jan 1996
Completion Status
Completed
Project Name
Pathumwan Resort
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
690
Sales Prices
฿6.19M - ฿10M
Monthly Rentals
฿19K - ฿52K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Villa Rachatewi
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
744
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฿9.1M - ฿15.3M
▲ 31% overpriced
Monthly Rentals
฿18K - ฿50K
Year Built
Dec 2008
Completion Status
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Project Name
SHUSH Ratchathewi
Location
Thung Phaya Thai, Ratchathewi, Bangkok
Number of units
383
Sales Prices
฿10M - ฿30M
Monthly Rentals
N/A
Year Built
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Completion Status
Off Plan
Project Name
Ratchathewi Tower
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
฿14.7K - ฿27K
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Completion Status
Completed
Project Name
Petch 9 Tower
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
200
Sales Prices
฿12.5M
Monthly Rentals
฿25K - ฿55K
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Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
880
Sales Prices
฿7.45M - ฿21.3M
▲ 5.5% overpriced
Monthly Rentals
฿32K - ฿55K
Year Built
Dec 2022
Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
581
Sales Prices
฿6.5M - ฿16.5M
▼ -29% underpriced
Monthly Rentals
฿20K - ฿70K
Year Built
Dec 2006
Completion Status
Completed
Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
323
Sales Prices
฿5.2M - ฿12.3M
▼ -1.2% underpriced
Monthly Rentals
฿20K - ฿45K
Year Built
Dec 2014
Completion Status
Completed
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