Studio Condo for sale at Aspire Ratchayothin

(1 Review)
Lat Yao, Chatuchak,Bangkok
Unit ID: U1181472
5% Rental Yield
Studio Bedroom
1 Bathroom
269 Sqft Size
2 Floor
Apr 2024 Completed

About This Condo

This property is a 269 Sqft 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 ₿1.193 (₿0.004/Sqft).

Secure Your Future at Aspire Ratchayothin: 25 SqM Condo Awaits!

Welcome to Aspire Ratchayothin! If you're looking for a place to call home, this is it. Located in the Lat Yao district of Bangkok, this 25 SqM studio condo is surely going to make a great first impression.Measuring 25 SqM total, the space offers a great opportunity to fully utilize and enjoy the roomy interior. You can find plenty of amenities inside: one bathroom, a contemporary kitchen, and ample storage. Once completed in April 2024, the project will feature a variety of communal amenities that will cater to your various needs and preferences.For a base price of ฿2,887,000 (฿115,480/SqM), you can make this condo yours. Whether you're looking for a perfect home for one or a space to start your investment journey, Aspire Ratchayothin is a sure bet. If this property that tickles your fancy, simply contact us to enquire today and make a secure your future!

Features

Wet BarWet Bar BalconyBalcony

Basic Information

Date Listed Dec 6, 2022
Updated N/A
Property Type Condo
Floor 2
Bedroom Studio
Size 269 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
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.
₿0.001/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1181472

Investment Opportunity: Charges & Yield

Sale Price
₿1.193
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.
19
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 Aspire Ratchayothin, and the current sales price.
5%

Project Details

Project Name: Aspire Ratchayothin
Developer: AP (Thailand)
Construction: Completed (Apr 2024)
Floors: 8
Buildings: 3
Units: 633
Project Area: 86,111 Sqft
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 10
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
₿0.021
1st Installment
Down payment
15%
2nd Installment
On handover
85%
Special Payment Terms (booking within 31Aug 22)
Installment Milestone Payment
Reservation Deposit
Immediately
₿0.021
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 ₿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 Aspire Ratchayothin the required payment for the sinking fund is ₿0 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
₿0.021
1st Installment
Down payment
15%
2nd Installment
On handover
85%
Special Payment Terms (booking within 31Aug 22)
Installment Milestone Payment
Reservation Deposit
Immediately
₿0.021
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
₿1.195
Monthly Rentals
N/A
Year Built
Jan 1996
Completion Status
Completed
Location
Lat Yao, Chatuchak, Bangkok
Number of units
1827
Sales Prices
₿1.216 - ₿1.259
Monthly Rentals
₿0.005 - ₿0.009
Year Built
Dec 2011
Completion Status
Completed
Location
Lat Yao, Chatuchak, Bangkok
Number of units
236
Sales Prices
₿0.982 - ₿2.561
Monthly Rentals
₿0.003 - ₿0.011
Year Built
Jan 2010
Completion Status
Completed
Location
Lat Yao, Chatuchak, Bangkok
Number of units
308
Sales Prices
₿1.067 - ₿2.988
Monthly Rentals
₿0.005 - ₿0.006
Year Built
Dec 2007
Completion Status
Completed
Project Name
Sarin Place
Location
Lat Yao, Chatuchak, Bangkok
Number of units
285
Sales Prices
₿3.073 - ₿4.482
▲ 16% overpriced
Monthly Rentals
₿0.020
Year Built
Jan 1996
Completion Status
Completed
Location
Lat Yao, Chatuchak, Bangkok
Number of units
235
Sales Prices
₿1.921
Monthly Rentals
₿0.003 - ₿0.008
Year Built
Feb 1992
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
₿1.793
Monthly Rentals
₿0.006
Year Built
Jan 2009
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
1827
Sales Prices
₿1.275 - ₿2.348
▼ -30% underpriced
Monthly Rentals
₿0.004 - ₿0.005
Year Built
Dec 2011
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
474
Sales Prices
₿1.865 - ₿4.396
▼ -7.6% underpriced
Monthly Rentals
₿0.006 - ₿0.016
Year Built
Jul 2019
Completion Status
Completed
Location
Chantharakasem, Chatuchak, Bangkok
Number of units
261
Sales Prices
₿2.343 - ₿2.634
▲ 0.4% overpriced
Monthly Rentals
₿0.006 - ₿0.013
Year Built
Nov 2019
Completion Status
Completed
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