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    Studio Condo for sale at The Platinum
    Thanon Phet Buri, Ratchathewi,Bangkok
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    Sale Price
    ฿4,700,000
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    Studio Condo for sale at The Platinum

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    Unit ID: U1726078
    5% Rental Yield
    Thanon Phet Buri, Ratchathewi,Bangkok
    ฿4,700,000
    Studio Bedroom
    1
    Bathroom
    45 SqM
    Size
    21
    Floor
    Dec 2006
    Completed
    8
    Sale Price
    ฿4,700,000

    About This Condo

    This property is a 45 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Thanon Phet Buri, Bangkok and was completed in Dec 2006. You can buy this condo for a base price of ฿4,700,000 (฿104,444/SqM).

    Features

    BalconyBalcony

    Basic Information

    Date Listed Jan 31, 2024
    Updated 6 months ago
    Property Type Condo
    Floor 21
    Bedroom Studio
    Size 45 SqM
    Price per SqM ฿104,444
    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
    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) Garden 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.
    ฿1,800/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1726078

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿4,700,000
    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.
    ฿1,800/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.
    21
    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 The Platinum , and the current sales price.
    5%

    Project Details

    Project Name: The Platinum
    Developer: N/A
    Construction: Completed (Dec 2006)
    Floors: 23
    Buildings: N/A
    Units: 319
    Project Area: N/A
    Nearest Landmark Ratchaprarop ARL - 0.6 Km
    Location: Thanon Phet Buri, Bangkok
    The Platinum Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)

    Available Units at The Platinum

    For Sale 2 For Rent 12
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    • Studio
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    Frequently Asked Questions

    The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿1,800 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.
    Ratchaprarop ARL is the nearest Airport Rail Link Station from The Platinum and it is 0.6 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 Platinum 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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    Bangkok
    Thanon Phet Buri

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