1 Bedroom Condo for sale at Vertiq

(1 Review)
Maha Phruettharam, Bang Rak,Bangkok
Unit ID: U1650122
5% Rental Yield
Tenant-Occupied until May 31, 2025
1 Bedroom
1 Bathroom
38 SqM Size
14 Floor
Dec 2012 Completed

About This Condo

This property is a 38 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Maha Phruettharam, Bangkok and was completed in Dec 2012. You can buy this condo for a base price of ฿5,500,000 (฿144,737/SqM) and it is also available for long term rentals starting from ฿22,000 per month.

Features

BalconyBalcony Washing MachineWashing Machine TVTV

Basic Information

Date Listed Aug 9, 2023
Updated 6 months ago
Property Type Condo
Floor 14
Bedroom 1
Size 38 SqM
Price per SqM ฿144,737
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%.

N/A
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.
฿1,900/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1650122

Investment Opportunity: Charges & Yield

Sale Price
฿5,500,000
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.
฿1,900/mo
Rent
฿22,000/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.
21
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.
5%

Project Details

Project Name: Vertiq
Developer: Siamnuwat Co.,Ltd.
Construction: Completed (Dec 2012)
Floors: 23
Buildings: N/A
Units: 196
Project Area: 2,468 SqM
Nearest Landmark Sam Yan MRT - 0.5 Km
Location: Maha Phruettharam, Bangkok
Vertiq 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
Basketball Court Basketball Court

Available Units at Vertiq

For Sale 8 For Rent 5
Get notified when new homes are being added to Vertiq
View All (8)

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Frequently Asked Questions

No pets are allowed at Vertiq 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 ฿1,900 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 Vertiq the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Sam Yan MRT is the nearest MRT Station from Vertiq and it is 0.5 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 Vertiq 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

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The luxurious and cozy condo
Gungu Bania, India, 7 years ago
I've rented the condo here for many months, which is very impressive. The location is nice, close to the famous ICONSIAM and Siam Paragon shopping malls, where I could spend the whole day when getting bored. It is also easily accessible everywhere as it is only 400 meters away from Sam Yan MRT. Anyway, I rented a 1 bedroom unit with a spacious living area and well- proportioned. The furniture is also modern, including kitchen appliances, washing machines, and other electric appliances. Moreover, the project facilities are as complete as other condos, which include the swimming pool, rooftop gym, large communal garden, car parking and an excellent security system. For those looking for a luxurious condo close to Sam Yan MRT, here is one of the interesting condo options.
Bangkok
Maha Phruettharam

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Vertiq

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