Unit ID: U1833920
5% Rental Yield
Chantharakasem, Chatuchak,Bangkok
฿3,400,000
1 Bedroom
1
Bathroom
30.83 SqM
Size
2
Floor
Aug 2022
Completed

About This Condo

This property is a 30.83 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 Aug 2022. You can buy this condo for a base price of ฿3,400,000 (฿110,282/SqM).

Features

Garden AccessGarden Access Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed May 13, 2024
Updated 7 months ago
Property Type Condo
Floor 2
Bedroom 1
Size 30.83 SqM
Price per SqM ฿110,282
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%.

Foreign Quota, Thai Quota, Company
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) 360° View, City View, Blocked View
Unit Type N/A
Building IVORY Ratchada-Ladprao
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.
฿1,511/mo
Listed By
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Agent / Partner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1833920

Investment Opportunity: Charges & Yield

Sale Price
฿3,400,000
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.
฿1,511/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 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 IVORY Ratchada-Ladprao, and the current sales price.
5%

Project Details

Project Name: IVORY Ratchada-Ladprao
Construction: Completed (Aug 2022)
Floors: 8
Buildings: 1
Units: 204
Project Area: 2,432 SqM
Nearest Landmark Lat Phrao MRT - 1.2 Km
Location: Chantharakasem, Bangkok
IVORY Ratchada-Ladprao Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Communal Garden Area Communal Garden Area
Shuttle Bus Shuttle Bus

Popular Facilities at IVORY Ratchada-Ladprao

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor
  • Reception / Lobby Area
    1st Floor
  • Communal Garden Area
    Rooftop

Available Units at IVORY Ratchada-Ladprao

For Sale 6 For Rent 5
Get notified when new homes are being added to IVORY Ratchada-Ladprao
View All (6)

Loan Calculator

Payment Plan

Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
15%
1st Installment
Upon contract signing
15%
2nd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at IVORY Ratchada-Ladprao 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 ฿49 per square meter based on the size of indoor area of the property and is ฿1,511 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 IVORY Ratchada-Ladprao the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Lat Phrao MRT is the nearest MRT Station from IVORY Ratchada-Ladprao and it is 1.2 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 IVORY Ratchada-Ladprao you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
15%
1st Installment
Upon contract signing
15%
2nd Installment
On handover
70%

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

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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby IVORY Ratchada-Ladprao

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
Cybiq Ratchada 32
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
325
Sales Prices
฿2.46M - ฿4.69M
Monthly Rentals
฿10K - ฿11K
Year Built
Sep 2022
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
353
Sales Prices
฿2.43M - ฿4.18M
Monthly Rentals
N/A
Year Built
Jun 2025
Completion Status
Off Plan
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
171
Sales Prices
฿2.75M - ฿2.79M
Monthly Rentals
฿12K - ฿12.5K
Year Built
Jan 2020
Completion Status
Completed
Project Name
Ease Ratchada
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
108
Sales Prices
฿1.3M - ฿3.13M
▼ -19% underpriced
Monthly Rentals
N/A
Year Built
Jan 2009
Completion Status
Completed
Project Name
Vino Ratchada 32
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
71
Sales Prices
฿2.55M
Monthly Rentals
N/A
Year Built
Jun 2016
Completion Status
Completed
Project Name
Modiz Ratchada 32
Location
Chomphon, Chatuchak, Bangkok
Number of units
191
Sales Prices
฿1.89M - ฿3.09M
▲ 5% overpriced
Monthly Rentals
฿12K - ฿15K
Year Built
Apr 2019
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
79
Sales Prices
฿1.67M - ฿2.39M
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
64
Sales Prices
฿4.2M - ฿4.39M
Monthly Rentals
฿14K
Year Built
Dec 2020
Completion Status
Completed
Project Name
Ratchada Pavilion
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
195
Sales Prices
฿2.3M - ฿8M
▼ -40% underpriced
Monthly Rentals
฿8.5K - ฿35K
Year Built
Dec 1993
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
6
Sales Prices
฿18.4M - ฿26.7M
▲ 10.6% overpriced
Monthly Rentals
฿120K
Year Built
Jun 2021
Completion Status
Completed
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