Unit ID: U1886271
4% Rental Yield
Tenant-Occupied until Dec 31, 2024
Chantharakasem, Chatuchak,Bangkok
฿4,200,000
1 Bedroom
1
Bathroom
28.59 SqM
Size
3
Floor
Dec 2020
Completed

About This Condo

This property is a 28.59 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 Dec 2020. You can buy this condo for a base price of ฿4,200,000 (฿146,905/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave

Basic Information

Date Listed Jun 28, 2024
Updated 5 months ago
Property Type Condo
Floor 3
Bedroom 1
Size 28.59 SqM
Price per SqM ฿146,905
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
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.
฿1,430/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1886271

Investment Opportunity: Charges & Yield

Sale Price
฿4,200,000
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.
฿1,430/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.
25
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 The Collect Ratchada 32, and the current sales price.
4%

Project Details

Project Name: The Collect Ratchada 32
Construction: Completed (Dec 2020)
Floors: 8
Buildings: N/A
Units: 64
Project Area: 792 SqM
Nearest Landmark Ratchayothin BTS - 1.7 Km
Location: Chantharakasem, Bangkok
The Collect Ratchada 32 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
Communal Garden Area Communal Garden Area
Key card access Key card access
Access to BTS/MRT Access to BTS/MRT

Available Units at The Collect Ratchada 32

For Sale 2 For Rent 1
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Frequently Asked Questions

No pets are allowed at The Collect Ratchada 32 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,430 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 The Collect Ratchada 32 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Ratchayothin BTS is the nearest BTS Station from The Collect Ratchada 32 and it is 1.7 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 The Collect Ratchada 32 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

Reviews

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Suitable for rental property business investment
Jane Wongpipat, Thailand, 3 years ago
It is in a good location, quiet, and so close to Chandrakasem Rajabhat University, which is suitable for students. The room is a one-bedroom unit with a good size of living space. It has beautiful furniture. The project has just been newly completed and the facilities are complete. There is a clean swimming pool. The gym is fully-equipped. The security guard is also good service. Overall, I like it here. It's suitable for rental business investment.
Bangkok
Chantharakasem

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Collect Ratchada 32

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
Ratchaarpa Tower
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
265
Sales Prices
฿990K
Monthly Rentals
฿8.8K
Year Built
Jan 1996
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
Ease Ratchada
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
108
Sales Prices
฿1.1M - ฿3.13M
▼ -19% underpriced
Monthly Rentals
N/A
Year Built
Jan 2009
Completion Status
Completed
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
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
70
Sales Prices
฿1.7M
Monthly Rentals
฿8.5K
Year Built
Nov 2016
Completion Status
Completed
Project Name
J. W. Place
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
฿1.49M
Monthly Rentals
฿3.8K
Year Built
Dec 2004
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
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
204
Sales Prices
฿2.7M - ฿4.01M
Monthly Rentals
฿9.6K - ฿12K
Year Built
Aug 2022
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
1087
Sales Prices
฿920K - ฿1.5M
Monthly Rentals
N/A
Year Built
Jan 1997
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
63
Sales Prices
฿950K - ฿1.1M
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
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