Studio Condo for sale at Aspire Ratchayothin

(1 Review)
Lat Yao, Chatuchak,Bangkok
Unit ID: U1181480
Studio Bedroom
1 Bathroom
25 SqM Size
4 Floor
Apr 2024 Completed

About This Condo

This property is a 25 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Lat Yao, Bangkok and was completed in Apr 2024. You can buy this condo for a base price of ฿2,784,000 (฿111,360/SqM).

Find Your Place to Live in Luxury: 25 SqM Studio Condo at Aspire Ratchayothin!

Ascend to living excellence with this luxurious studio condo for sale at Aspire Ratchayothin project in Lat Yao, Bangkok! For those seeking to enter the rich Bangkok market, this 25 SqM studio condo is the perfect way to do just that. Have the stunning city skyline of Bangkok in the background when you are enjoying this modern condo; with a balcony able to fit small seating and decor, you'll be able to take in the city sights each and every night from the convenience of your own home.Along with these amazing picture postcard views, this condo comes with every amenity you would expect in a modern living space. It boasts one bathroom, fully equipped kitchenette, and a living area with nothing less than comfortable furnishings. The residents of this excellent project get to enjoy even more amenities; a well-appointed lobby, a fitness center, heated swimming pool, and safe play area for children are sure to excite anyone.This property is exclusive to Aspire Ratchayothin, and is scheduled for completion in April 2024. It is being offered at an unbeatable rate of ฿2,859,000 (฿114,360/SqM), certainly a fantastic investment opportunity and a smart way to enter Bangkok's real estate market. Don't miss out on this rare and special chance- inquire today and stride towards living excellence in your new home!

Features

Wet BarWet Bar BalconyBalcony

Basic Information

Date Listed Dec 6, 2022
Updated N/A
Property Type Condo
Floor 4
Bedroom Studio
Size 25 SqM
Price per SqM ฿111,360
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%.

Foreign Quota
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View
Unit Type Studio
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.
฿1,375/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1181480

Investment Opportunity: Charges & Yield

Sale Price
฿2,784,000
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.
฿1,375/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.
20
Rental Yield
5%

Project Details

Project Name: Aspire Ratchayothin
Developer: AP (Thailand)
Construction: Completed (Apr 2024)
Floors: 8
Buildings: 3
Units: 633
Project Area: 8,000 SqM
Nearest Landmark Ratchayothin BTS - 0.2 Km
Location: Lat Yao, Bangkok
Aspire Ratchayothin Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area

Popular Facilities at Aspire Ratchayothin

  • Communal Pool
    1st Floor
  • Co-Working Space / Meeting Room
    2nd Floor
  • Communal Gym
    2nd Floor
  • Communal Garden Area
    Rooftop

Available Units at Aspire Ratchayothin

For Sale 2 For Rent 14
Get notified when new homes are being added to Aspire Ratchayothin
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Loan Calculator

Payment Plan

Payment Terms for Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Down payment
15%
2nd Installment
On handover
85%
Special Payment Terms (booking within 31Aug 22)
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Months after the booking date
12%
2nd Installment
On handover
88%

Frequently Asked Questions

No pets are allowed at Aspire Ratchayothin 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 ฿55 per square meter based on the size of indoor area of the property and is ฿1,375 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 Aspire Ratchayothin the required payment for the sinking fund is ฿550 per square meter based on the size of the indoor area of the property.
Ratchayothin BTS is the nearest BTS Station from Aspire Ratchayothin 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 Aspire Ratchayothin you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Payment Terms for Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Down payment
15%
2nd Installment
On handover
85%
Special Payment Terms (booking within 31Aug 22)
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Months after the booking date
12%
2nd Installment
On handover
88%

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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
New condo with beautiful decoration
Wutthikorn O., Thailand, 2 years ago
I really like this condo. It's a beautiful and distinctive condo with both interior and exterior designs. The furniture has been selected perfectly, especially the 1 Bedroom Plus. I like this room the most. The facilities that the project provides are not many, but I'm fine with them because I rarely use them. Besides, getting to the project is quite easy and convenient. Moreover, there are also a lot of convenient places near the project, both work sources, and schools.
Bangkok
Lat Yao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Aspire Ratchayothin

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
Location
Lat Yao, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
฿2.8M - ฿3.37M
Monthly Rentals
N/A
Year Built
Jan 1996
Completion Status
Completed
Location
Lat Yao, Chatuchak, Bangkok
Number of units
1827
Sales Prices
฿2.85M - ฿2.95M
Monthly Rentals
฿11K - ฿20K
Year Built
Dec 2011
Completion Status
Completed
Location
Lat Yao, Chatuchak, Bangkok
Number of units
236
Sales Prices
฿2.3M - ฿6M
Monthly Rentals
฿7.5K - ฿26K
Year Built
Jan 2010
Completion Status
Completed
Location
Lat Yao, Chatuchak, Bangkok
Number of units
308
Sales Prices
฿2.5M - ฿7M
Monthly Rentals
฿11K - ฿15K
Year Built
Dec 2007
Completion Status
Completed
Project Name
Sarin Place
Location
Lat Yao, Chatuchak, Bangkok
Number of units
285
Sales Prices
฿7.2M - ฿10.5M
▲ 16% overpriced
Monthly Rentals
฿47K
Year Built
Jan 1996
Completion Status
Completed
Location
Lat Yao, Chatuchak, Bangkok
Number of units
235
Sales Prices
฿4.5M
Monthly Rentals
฿7K - ฿18K
Year Built
Feb 1992
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
฿4.2M
Monthly Rentals
฿15K
Year Built
Jan 2009
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
1827
Sales Prices
฿2.99M - ฿5.5M
▼ -30% underpriced
Monthly Rentals
฿9.5K - ฿12.5K
Year Built
Dec 2011
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
474
Sales Prices
฿4.37M - ฿10.3M
▼ -7.6% underpriced
Monthly Rentals
฿15K - ฿37.5K
Year Built
Jul 2019
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
261
Sales Prices
฿5.25M - ฿6.82M
▲ 0.4% overpriced
Monthly Rentals
฿15K - ฿30K
Year Built
Nov 2019
Completion Status
Completed
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