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    2 Bedroom Condo for sale at Vertiq
    Maha Phruettharam, Bang Rak,Bangkok
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    Sale Price
    ₿2.986 ₿3.637
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    2 Bedroom Condo for sale at Vertiq

    (1 Review)
    Maha Phruettharam, Bang Rak,Bangkok
    Unit ID: U1082892
    4% Rental Yield
    2 Bedrooms
    2 Bathrooms
    710 Sqft Size
    7 Floor
    Dec 2012 Completed
    (1 Review)
    Sale Price
    ₿2.986
    ₿3.637
    18

    About This Condo

    This property is a 710 Sqft condo with 2 bedrooms and 2 bathrooms 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 ₿2.986 (₿0.004/Sqft).

    Features

    BalconyBalcony Washing MachineWashing Machine

    Basic Information

    Date Listed Apr 18, 2022
    Updated 2 weeks ago
    Property Type Condo
    Floor 7
    Bedrooms 2
    Size 710 Sqft
    Price per Sqft ₿0.004
    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, 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.
    ₿0.001/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1082892

    Investment Opportunity: Charges & Yield

    Sale Price
    ₿2.986
    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.
    ₿0.001/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.
    23
    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 2 bedroom condos at Vertiq, and the current sales price.
    4%

    Project Details

    Project Name: Vertiq
    Developer: Siamnuwat Co.,Ltd.
    Construction: Completed (Dec 2012)
    Floors: 23
    Buildings: N/A
    Units: 196
    Project Area: 26,565 Sqft
    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
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    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 ₿0 per square meter based on the size of indoor area of the property and is ₿0.001 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 ₿0 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

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