Unit ID: U653372
4% Rental Yield
Thanon Phaya Thai, Ratchathewi,Bangkok
฿12,400,000
2 Bedrooms
2
Bathrooms
56 SqM
Size
11
Floor
Dec 2018
Completed

About This Condo

This property is a 56 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thanon Phaya Thai, Bangkok and was completed in Dec 2018. You can buy this condo for a base price of ฿12,400,000 (฿221,429/SqM) and it is also available for long term rentals starting from ฿40,000 per month.

Features

BalconyBalcony

Basic Information

Date Listed Jan 20, 2021
Updated 2 months ago
Property Type Condo
Floor 11
Bedrooms 2
Size 56 SqM
Price per SqM ฿221,429
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.
฿3,248/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U653372

Investment Opportunity: Charges & Yield

Sale Price
฿12,400,000
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.
฿3,248/mo
Rent
฿40,000/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.
26
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Project Name: Rhythm Rangnam
Developer: AP (Thailand)
Construction: Completed (Dec 2018)
Floors: 28
Buildings: 1
Units: 385
Project Area: 3,172 SqM
Nearest Landmark Victory Monument BTS - 0.2 Km
Location: Thanon Phaya Thai, Bangkok
Rhythm Rangnam 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
Steam Room Steam Room
Sauna Sauna
Walking / Running Track Walking / Running Track
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Rhythm Rangnam

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    27th Floor
  • Communal Garden Area
    7th Floor
  • Communal Gym
    27th Floor

Available Units at Rhythm Rangnam

For Sale 17 For Rent 15
Updated 2 months ago
Available Units at Rhythm Rangnam
฿12,400,000
฿221,429/SqM
Beds 2 Beds
Baths 2 Baths
Size 56 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Rangnam
฿6,162,200
฿220,079/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 22 Floor
Thai Quota Fully Furnished Unblocked Open View
Updated 2 months ago
Available Units at Rhythm Rangnam
฿10,815,000
฿230,106/SqM
Beds 2 Beds
Baths 1 Baths
Size 47 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Rangnam
฿7,800,000
฿222,857/SqM
Beds Studio Beds
Baths 1 Baths
Size 35 SqM Size
Floor 20 Floor
Thai Quota Partly Furnished City View
Available Units at Rhythm Rangnam
฿7,800,000
฿222,857/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 22 Floor
Thai Quota Partly Furnished City View
Available Units at Rhythm Rangnam
฿7,500,000฿7,825,000
฿214,286/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 17 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Rangnam
฿6,162,200
฿220,079/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 22 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Rangnam
฿6,400,000
฿228,571/SqM
Beds 1 Beds
Baths 1 Baths
Size 28 SqM Size
Floor 9 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Rangnam
฿5,900,000
฿207,600/SqM
Beds Studio Beds
Baths 1 Baths
Size 28.42 SqM Size
Floor 16 Floor
Foreign Quota Unfurnished
Available Units at Rhythm Rangnam
฿7,200,000
฿205,714/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 9 Floor
Unfurnished City View
Available Units at Rhythm Rangnam
฿7,990,000฿8,550,000
฿228,286/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished Park View
Available Units at Rhythm Rangnam
฿7,730,000
฿220,857/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 13 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Rangnam
฿7,570,000
฿214,569/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35.28 SqM Size
Floor 9 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Rangnam
฿7,600,000
฿217,143/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 21 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Rangnam
฿13,070,700
฿233,405/SqM
Beds 2 Beds
Baths 2 Baths
Size 56 SqM Size
Floor 16 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Rangnam
฿8,498,000
฿242,800/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 21 Floor
Thai Quota Fully Furnished City View
Available Units at Rhythm Rangnam
฿7,725,000
฿220,714/SqM
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 23 Floor
Foreign Quota Fully Furnished
Get notified when new homes are being added to Rhythm Rangnam
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Frequently Asked Questions

No pets are allowed at Rhythm Rangnam 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 ฿58 per square meter based on the size of indoor area of the property and is ฿3,248 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 Rhythm Rangnam the required payment for the sinking fund is ฿450 per square meter based on the size of the indoor area of the property.
Victory Monument BTS is the nearest BTS Station from Rhythm Rangnam 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 Rhythm Rangnam 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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Spacious condo with beautiful city view
Shin Min-a, South Korea, 5 years ago
The room in the condo that I rented is pretty big, suitable for 1 - 2 people. It has 1 bedroom, 1 bathroom room with a fully equipped kitchen and is well decorated with nice furniture. There is a large TV in the living room. This place is perfect for me as it has everything I need. Most importantly, this project also provides many good facilities such as a pool, sauna, steam rooms for men and women, and a security guard on duty 24 hours a day. I am probably impressed with the location of this project because it is very easy to get to local restaurants, and easy to go for food. It is also close to convenience stores and shopping malls such as Century City Mall, a big mall in the monument area. It is very convenient as it is only 130 meters from the Victory Monument BTS station.
Bangkok
Thanon Phaya Thai

Neighborhood Overview

Location and Neighborhood

Street View

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