Unit ID: U1705726
7% Rental Yield
Chantharakasem, Chatuchak,Bangkok
฿580,000
Studio Bedroom
1
Bathroom
27 SqM
Size
5
Floor
Jan 1997
Completed

About This Condo

This property is a 27 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Chantharakasem, Bangkok and was completed in Jan 1997. You can buy this condo for a base price of ฿580,000 (฿21,481/SqM).

URGENT SALE DIAMOND CONDO RATCHADA PLACE 2

URGENT SALE, FOREIGN QUOTA, DIAMOND PLACE CONDO 2 RATCHADA 32, STUDIO 27 SQM. Condo available for sale in Ratchadapisek , located near many cafes schools and medical centres in a very prime location with average asking prices for per sqm/38 k baht .  STUDIO APARTMENT 1 BEDROOM 1 BATHROOM Freehold property 5TH FLOOR / 5103   The condo has : 24 H security card access 24 h CCTV Elevator for all floors Grocery store / Nail Salon  Parking for cars / motorcycles. Nearest MRT : MRT LAT PHRAO,Places of interest nearby :   MRT LAT PHRAO 2.3 KM CIVIC COURT 750 M Par Masters Golf Club 1 KM Rajabhat Chankasem University 800 M   Great investment property you can rent out or just keep for having property in a very prime location .

Features

BalconyBalcony

Basic Information

Date Listed Dec 25, 2023
Updated 10 months ago
Property Type Condo
Floor 5
Bedroom Studio
Size 27 SqM
Price per SqM ฿21,481
Pets N/A
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
Unfurnished
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.
฿476/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1705726

Investment Opportunity: Charges & Yield

Sale Price
฿580,000
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.
฿476/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.
13
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 Diamond Ratchada Place 2, and the current sales price.
7%

Project Details

Project Name: Diamond Ratchada Place 2
Developer: N/A
Construction: Completed (Jan 1997)
Floors: 9
Buildings: N/A
Units: 2
Project Area: N/A
Nearest Landmark Lat Phrao MRT - 1.5 Km
Location: Chantharakasem, Bangkok
Diamond Ratchada Place 2 Project Details

Project Features

On Site Restaurant On Site Restaurant
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Diamond Ratchada Place 2

For Sale 1 For Rent 1
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Frequently Asked Questions

Lat Phrao MRT is the nearest MRT Station from Diamond Ratchada Place 2 and it is 1.5 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 Diamond Ratchada Place 2 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

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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Diamond Ratchada Place 2

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
J. W. Place
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
฿1.48M
Monthly Rentals
฿3.79K
Year Built
Dec 2004
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
฿2.84M
Monthly Rentals
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Year Built
Jan 2009
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
250
Sales Prices
฿5.48M
▲ 7% overpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
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฿2.48M - ฿2.78M
Monthly Rentals
฿12K - ฿12.5K
Year Built
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Completion Status
Completed
Project Name
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Location
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Number of units
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Sales Prices
฿987K
Monthly Rentals
฿8.77K
Year Built
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Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
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Sales Prices
฿1.69M
Monthly Rentals
฿8.47K
Year Built
Nov 2016
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
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Sales Prices
฿4.19M
Monthly Rentals
฿14K - ฿15.9K
Year Built
Dec 2020
Completion Status
Completed
Project Name
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Location
Chantharakasem, Chatuchak, Bangkok
Number of units
108
Sales Prices
฿1.1M - ฿3.12M
▼ -19% underpriced
Monthly Rentals
N/A
Year Built
Jan 2009
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
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Sales Prices
฿18.4M - ฿26.6M
▲ 10.6% overpriced
Monthly Rentals
฿120K
Year Built
Jun 2021
Completion Status
Completed
Project Name
Lucky Star Condo
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
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