Unit ID: U1406386
5% Rental Yield
Chantharakasem, Chatuchak,Bangkok
฿2,790,000
1 Bedroom
1
Bathroom
28 SqM
Size
5
Floor
Jan 2020
Completed

About This Condo

This property is a 28 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 Jan 2020. You can buy this condo for a base price of ฿2,790,000 (฿99,643/SqM).

Features

BalconyBalcony

Basic Information

Date Listed May 9, 2023
Updated 1 year ago
Property Type Condo
Floor 5
Bedroom 1
Size 28 SqM
Price per SqM ฿99,643
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, Pool 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.
฿1,400/mo
Listed By
Each listing provided by partnered agents is individually verified by BPP. Partner Agents work for different brokerages or property management companies but have teamed up with BPP so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1406386

Investment Opportunity: Charges & Yield

Sale Price
฿2,790,000
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.
฿1,400/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.
18
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 Cube Premium Ratchada 32, and the current sales price.
5%

Project Details

Construction: Completed (Jan 2020)
Floors: 8
Buildings: N/A
Units: 171
Project Area: 2,068 SqM
Nearest Landmark Lat Phrao MRT - 1.4 Km
Location: Chantharakasem, Bangkok
The Cube Premium 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Key card access Key card access

Available Units at The Cube Premium Ratchada 32

For Sale 2 For Rent 2
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Frequently Asked Questions

No pets are allowed at The Cube Premium 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 ฿1,400 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 Cube Premium 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.
Lat Phrao MRT is the nearest MRT Station from The Cube Premium Ratchada 32 and it is 1.4 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 Cube Premium 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

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Chantharakasem

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Cube Premium Ratchada 32

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