Unit ID: U81694
5% Rental Yield
Chantharakasem, Chatuchak,Bangkok
฿8,000,000 Great Price
3 Bedrooms
3
Bathrooms
160 SqM
Size
15
Floor
Dec 1993
Completed

About This Condo

This property is a 160 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the Ratchada Pavilion project in Chantharakasem, Bangkok and was completed in Dec 1993. You can buy this condo for a base price of ฿8,000,000 (฿50,000/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Condo
Floor 15
Bedrooms 3
Size 160 SqM
Price per SqM ฿50,000
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
Unfurnished
View(s) N/A
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 U81694

Price Analysis

Great Price
Estimated market value ฿13,418,670
Great
฿10,400,000
Good
Fair
Above
฿17,900,000
Current asking Price: ฿8,000,000 | Advertised rental rate: ฿35,000/mo
This condo is ฿5,418,670 BELOW MARKET (-40%) 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
฿8,000,000
Rent
฿35,000/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.
19
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: Ratchada Pavilion
Developer: N/A
Construction: Completed (Dec 1993)
Floors: 28
Buildings: N/A
Units: 195
Project Area: N/A
Nearest Landmark Lat Phrao MRT - 0.8 Km
Location: Chantharakasem, Bangkok
Ratchada Pavilion 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 Ratchada Pavilion

For Sale 3 For Rent 1
Get notified when new homes are being added to Ratchada Pavilion
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Loan Calculator

Frequently Asked Questions

No pets are allowed at Ratchada Pavilion unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Lat Phrao MRT is the nearest MRT Station from Ratchada Pavilion and it is 0.8 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 Ratchada Pavilion 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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Bangkok
Chantharakasem

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Ratchada Pavilion

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
Chantharakasem, Chatuchak, Bangkok
Number of units
6
Sales Prices
฿18.4M - ฿26.7M
▲ 7.3% overpriced
Monthly Rentals
฿120K
Year Built
Jun 2021
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
204
Sales Prices
฿2.56M - ฿4.04M
Monthly Rentals
฿9.59K - ฿12K
Year Built
Aug 2022
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
208
Sales Prices
฿3.5M - ฿4.7M
▼ -22% underpriced
Monthly Rentals
฿15K - ฿18K
Year Built
Oct 2021
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
79
Sales Prices
฿2.4M
Monthly Rentals
฿6.8K
Year Built
Dec 2019
Completion Status
Completed
Project Name
Modiz Ratchada 32
Location
Chomphon, Chatuchak, Bangkok
Number of units
191
Sales Prices
฿2.49M - ฿3.09M
▲ 5% overpriced
Monthly Rentals
N/A
Year Built
Apr 2019
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
378
Sales Prices
฿3.2M
Monthly Rentals
฿9K
Year Built
Jan 2009
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
163
Sales Prices
฿3.4M
Monthly Rentals
N/A
Year Built
Dec 2022
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
171
Sales Prices
฿2.79M
Monthly Rentals
฿12K
Year Built
Jan 2020
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
236
Sales Prices
฿3.75M - ฿6.8M
▼ -5% underpriced
Monthly Rentals
฿11K - ฿12.5K
Year Built
Dec 2012
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
฿580K
Monthly Rentals
฿4K
Year Built
Jan 1997
Completion Status
Completed
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