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    Studio Condo for sale at Aspire Ratchayothin
    Lat Yao, Chatuchak,Bangkok
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    Sale Price
    ฿2,784,000
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    Studio Condo for sale at Aspire Ratchayothin
    (1 Review)
    Unit ID: U1181480
    5% Rental Yield
    Lat Yao, Chatuchak,Bangkok
    ฿2,784,000
    Studio Bedroom
    1
    Bathroom
    25 SqM
    Size
    4
    Floor
    Apr 2024
    Completed
    5
    Sale Price
    ฿2,784,000

    About This Condo

    This property is a 25 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Lat Yao, Bangkok and was completed in Apr 2024. You can buy this condo for a base price of ฿2,784,000 (฿111,360/SqM).

    Find Your Place to Live in Luxury: 25 SqM Studio Condo at Aspire Ratchayothin!

    Ascend to living excellence with this luxurious studio condo for sale at Aspire Ratchayothin project in Lat Yao, Bangkok! For those seeking to enter the rich Bangkok market, this 25 SqM studio condo is the perfect way to do just that. Have the stunning city skyline of Bangkok in the background when you are enjoying this modern condo; with a balcony able to fit small seating and decor, you'll be able to take in the city sights each and every night from the convenience of your own home.Along with these amazing picture postcard views, this condo comes with every amenity you would expect in a modern living space. It boasts one bathroom, fully equipped kitchenette, and a living area with nothing less than comfortable furnishings. The residents of this excellent project get to enjoy even more amenities; a well-appointed lobby, a fitness center, heated swimming pool, and safe play area for children are sure to excite anyone.This property is exclusive to Aspire Ratchayothin, and is scheduled for completion in April 2024. It is being offered at an unbeatable rate of ฿2,859,000 (฿114,360/SqM), certainly a fantastic investment opportunity and a smart way to enter Bangkok's real estate market. Don't miss out on this rare and special chance- inquire today and stride towards living excellence in your new home!

    Features

    Wet BarWet Bar BalconyBalcony

    Basic Information

    Date Listed Dec 6, 2022
    Updated N/A
    Property Type Condo
    Floor 4
    Bedroom Studio
    Size 25 SqM
    Price per SqM ฿111,360
    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
    Furniture
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Built In
    View(s) City View
    Unit Type Studio
    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.
    ฿1,375/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1181480

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿2,784,000
    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.
    ฿1,375/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 studio condos at Aspire Ratchayothin, and the current sales price.
    5%

    Project Details

    Project Name: Aspire Ratchayothin
    Developer: AP (Thailand)
    Construction: Completed (Apr 2024)
    Floors: 8
    Buildings: 3
    Units: 633
    Project Area: 8,000 SqM
    Nearest Landmark Ratchayothin BTS - 0.2 Km
    Location: Lat Yao, Bangkok
    Aspire Ratchayothin Project Details

    Project Features

    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Lounge Lounge
    Communal Garden Area Communal Garden Area

    Popular Facilities at Aspire Ratchayothin

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      1st Floor
    • Co-Working Space / Meeting Room
      2nd Floor
    • Communal Gym
      2nd Floor
    • Communal Garden Area
      Rooftop

    Available Units at Aspire Ratchayothin

    For Sale 2 For Rent 10
    • All
    • Studio
    Get notified when new homes are being added to Aspire Ratchayothin
    View All (2)

    Loan Calculator

    Payment Plan

    Payment Terms for Foreign Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿50,000
    1st Installment
    Down payment
    15%
    2nd Installment
    On handover
    85%
    Special Payment Terms (booking within 31Aug 22)
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿50,000
    1st Installment
    Months after the booking date
    12%
    2nd Installment
    On handover
    88%

    Frequently Asked Questions

    No pets are allowed at Aspire 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 ฿55 per square meter based on the size of indoor area of the property and is ฿1,375 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 Aspire Ratchayothin the required payment for the sinking fund is ฿550 per square meter based on the size of the indoor area of the property.
    Ratchayothin BTS is the nearest BTS Station from Aspire Ratchayothin and it is 0.2 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 Aspire Ratchayothin you have to follow these steps:

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

     


    Payment Terms for Foreign Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿50,000
    1st Installment
    Down payment
    15%
    2nd Installment
    On handover
    85%
    Special Payment Terms (booking within 31Aug 22)
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿50,000
    1st Installment
    Months after the booking date
    12%
    2nd Installment
    On handover
    88%

    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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    New condo with beautiful decoration
    Wutthikorn O., Thailand, 2 years ago
    I really like this condo. It's a beautiful and distinctive condo with both interior and exterior designs. The furniture has been selected perfectly, especially the 1 Bedroom Plus. I like this room the most. The facilities that the project provides are not many, but I'm fine with them because I rarely use them. Besides, getting to the project is quite easy and convenient. Moreover, there are also a lot of convenient places near the project, both work sources, and schools.
    Bangkok
    Lat Yao

    Neighborhood Overview

    Location and Neighborhood

    Street View

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