Unit ID: U649780
7% Rental Yield
Samae Dam, Bang Khun Thian,Bangkok
฿850,000 Great Price
1 Bedroom
1
Bathroom
24 SqM
Size
1
Floor
Jan 2009
Completed

About This Condo

This property is a 24 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Smart Condo at Rama 2 project in Samae Dam, Bangkok and was completed in Jan 2009. You can buy this condo for a base price of ฿850,000 (฿35,417/SqM).

Features

BalconyBalcony MicrowaveMicrowave

Basic Information

Date Listed Jan 4, 2021
Updated 3 years ago
Property Type Condo
Floor 1
Bedroom 1
Size 24 SqM
Price per SqM ฿35,417
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U649780

Price Analysis

Great Price
Estimated market value ฿1,385,572
Great
฿921,000
Good
Fair
Above
฿2,010,000
Current asking Price: ฿850,000 | Rental estimate: ฿4,830/mo
This condo is ฿535,572 BELOW MARKET (-39%) 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
฿850,000
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.
15
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 Smart Condo at Rama 2, and the current sales price.
7%

Project Details

Project Name: Smart Condo at Rama 2
Developer: Prinsiri
Construction: Completed (Jan 2009)
Floors: 8
Buildings: 8
Units: 2032
Project Area: 35,200 SqM
Nearest Landmark Bang Khae MRT - 6 Km
Location: Samae Dam, Bangkok
Smart Condo at Rama 2 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access

Popular Facilities at Smart Condo at Rama 2

  • Communal Gym
    2nd Floor
  • Communal Pool
    2nd Floor
  • Laundry Facilities / Dry Cleaning
    Ground Floor
  • Outdoor Kids Zone
    Ground Floor

Available Units at Smart Condo at Rama 2

For Sale 9 For Rent 6
Get notified when new homes are being added to Smart Condo at Rama 2
View All (9)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Smart Condo at Rama 2 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Bang Khae MRT is the nearest MRT Station from Smart Condo at Rama 2 and it is 6 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 Smart Condo at Rama 2 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

Do you own a property at Smart Condo at Rama 2?

Find out how much your property is worth and start your listing for free.

Reviews

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Affordable condo
Ploypaphat J., Thailand, 7 years ago
It was totally right to buy this condo as its' worth my money. My room is fully-furnished with wide space. It is a 1-bedroom unit with a good proportion. The facilities are superb, ranging from a swimming pool, fitness center, sauna, clubhouse, convenience store to many restaurants. Didn't see any difference from other luxurious condos. The place is quiet and not bustling. The juristic person works well to keep the common area clean. Anyways, prepare for the lack of parking space as there are too many units and residents. I am not usually the one that handles it, as I don't have a car. I usually hire a motorbike taxi. Nearby, there are many shopping malls here, such as Central Plaza Rama 2 and others.
Bangkok
Samae Dam

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Smart Condo at Rama 2

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
Prinyaluck Rama 2
Location
Samae Dam, Bang Khun Thian, Bangkok
Number of units
146
Sales Prices
฿4.1M - ฿4.2M
Monthly Rentals
N/A
Year Built
Jul 2007
Completion Status
Completed
Project Name
NHA Thonburi 2
Location
Samae Dam, Bang Khun Thian, Bangkok
Number of units
999
Sales Prices
฿856K
Monthly Rentals
฿4.9K
Year Built
May 1996
Completion Status
Completed
Location
Samae Dam, Bang Khun Thian, Bangkok
Number of units
322
Sales Prices
฿2.2M - ฿2.9M
Monthly Rentals
N/A
Year Built
Jan 2017
Completion Status
Completed
Project Name
J Condo Rama 2
Location
Samae Dam, Bang Khun Thian, Bangkok
Number of units
79
Sales Prices
฿1.8M
Monthly Rentals
฿7.5K
Year Built
Jan 2018
Completion Status
Completed
Location
Samae Dam, Bang Khun Thian, Bangkok
Number of units
497
Sales Prices
฿2.99M
Monthly Rentals
N/A
Year Built
Jan 2018
Completion Status
Completed
Location
Samae Dam, Bang Khun Thian, Bangkok
Number of units
N/A
Sales Prices
฿3.7M
Monthly Rentals
N/A
Year Built
Jun 2013
Completion Status
Completed
Project Name
Sutchit Niwet
Location
Samae Dam, Bang Khun Thian, Bangkok
Number of units
212
Sales Prices
฿6M
Monthly Rentals
N/A
Year Built
Jan 2007
Completion Status
Completed
Location
Samae Dam, Bang Khun Thian, Bangkok
Number of units
458
Sales Prices
฿1.85M - ฿2.55M
▼ -18% underpriced
Monthly Rentals
฿6.5K - ฿7.5K
Year Built
Dec 2014
Completion Status
Completed
Project Name
Vista Park Rama 2
Location
Samae Dam, Bang Khun Thian, Bangkok
Number of units
107
Sales Prices
฿5.95M
Monthly Rentals
N/A
Year Built
Mar 2013
Completion Status
Completed
Project Name
Ease 2
Location
Samae Dam, Bang Khun Thian, Bangkok
Number of units
329
Sales Prices
฿1.52M - ฿3.1M
Monthly Rentals
฿12K - ฿14.5K
Year Built
Mar 2020
Completion Status
Completed
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