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    1 Bedroom Condo for sale at Centric Ratchayothin
    Chantharakasem, Chatuchak,Bangkok
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    Sale Price
    ฿5,500,000
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    1 Bedroom Condo for sale at Centric Ratchayothin
    (1 Review)
    Unit ID: U1421054
    5% Rental Yield
    Chantharakasem, Chatuchak,Bangkok
    ฿5,500,000
    1 Bedroom
    1
    Bathroom
    38 SqM
    Size
    5
    Floor
    Nov 2019
    Completed
    9
    Sale Price
    ฿5,500,000

    About This Condo

    This property is a 38 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chantharakasem, Bangkok and was completed in Nov 2019. You can buy this condo for a base price of ฿5,500,000 (฿144,737/SqM).

    Features

    DuplexDuplex BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Jun 6, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 5
    Bedroom 1
    Size 38 SqM
    Price per SqM ฿144,737
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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, Garden View
    Unit Type N/A
    Building Centric Ratchayothin
    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.
    ฿2,660/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1421054

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,500,000
    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.
    ฿2,660/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.
    21
    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 Centric Ratchayothin, and the current sales price.
    5%

    Project Details

    Project Name: Centric Ratchayothin
    Developer: SC ASSET Corporation Public Company Limited
    Construction: Completed (Nov 2019)
    Floors: 21
    Buildings: 1
    Units: 261
    Project Area: 3,511 SqM
    Nearest Landmark Ratchayothin BTS - 0.3 Km
    Location: Chantharakasem, Bangkok
    Centric Ratchayothin 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
    Reception / Lobby Area Reception / Lobby Area
    Yoga Area Yoga Area
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Library / Reading Room Library / Reading Room
    Lounge Lounge
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at Centric Ratchayothin

    • All
    • Fitness
    • Leisure
    5
    • Communal Pool
      21st Floor
    • Communal Gym
      21st Floor
    • Library / Reading Room
      4th Floor
    • Co-Working Space / Meeting Room
      4th Floor
    • Communal Garden Area
      4th Floor

    Available Units at Centric Ratchayothin

    For Sale 4 For Rent 11
    • All
    • 1 Bed
    Get notified when new homes are being added to Centric Ratchayothin
    View All (4)

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    Frequently Asked Questions

    No pets are allowed at Centric Ratchayothin 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 ฿70 per square meter based on the size of indoor area of the property and is ฿2,660 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 Centric Ratchayothin the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
    Ratchayothin BTS is the nearest BTS Station from Centric Ratchayothin and it is 0.3 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 Centric Ratchayothin 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
    ฿200,000
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    37 days after contract signing
    80%
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿500,000
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    37 days after contract signing
    80%

    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

    Reviews

    4.2 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Lovely condo suitable for who don't have a private car
    Angelita Foree, Mexico, 4 years ago
    It's one of the condos that meets the needs or urban lives like me. The project is located near the Phaholyothin BTS station, making it easy to travel to work and not tired of traveling when coming back from work. I could take the rest comfortably and decided to buy it. The location is good and suitable for the price paid. Inside the room includes a bedroom with a living room, kitchen and bathroom. It is fully furnished. Although the room is small, there are cabinets and shelves. It meets my needs because I love to collect things, allowing us to keep things tidier. Also, I love to use the swimming pool and a fitness room on the rooftop. The atmosphere in the evening is very relaxing. The view is beautiful. As for using a private car, I think it's not suitable here because it is very traffic jam. It's not recommended to use a private car. You'd better use public transport, which is much more convenient and not tired too.
    Bangkok
    Chantharakasem

    Neighborhood Overview

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