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Ratchathewi Penthouse $1,601,000
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№ 2,493,969

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5-bedroom penthouse in Ratchathewi

$1,601,000

Bedrooms
5
Bathrooms
5

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Description

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Bedrooms: 5
Bathrooms: 5
Floor: 1
Location: Ratchathewi

This Penthouse is located in Makkasan Sub District which is part of Ratchathewi District in Bangkok — was completed in 2013. This Penthouse is 300.6 m² with 5 bedroom(s) and 5 bathroom(s). This unit is held in Company ownership. It comes with a list price of ฿ 52,300,000 which equates to ฿ 173,985 per m² Villa Asoke is located near BTS Asok. This property is located near MRT Phetchaburi. It has a nice Open Pool. The Penthouse comes Unfurnished with a City View. This unit comes with parking.

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Olga Pasikova

Real Estate Expert Tranio in Ratchathewi

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Marina Filichkina,

Head of Sales

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FAQs

Can I get a mortgage to buy penthouse in Thailand?

Thai banks do not provide mortgage loans to buy penthouse in Thailand to non-residents. Moreover, foreign nationals can’t get a bank loan for any purpose.
How does the procedure of buying penthouse in Thailand work?

The procedure of buying penthouse in Thailand is as follows: after choosing a property, you need to conclude a preliminary agreement with the seller, make an advance payment, and then start checking the compliance of the property (relevant documents and technical condition). After that, all parties sign the contract of sale of penthouse and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.
Can a residence permit be obtained by buying penthouse in Thailand?

Thailand does not issue residence permits as such, but different types of long-term visas do officially entitle to long-term stays in the country: such as investment, work and retirement visas. To get a long-term visa in Thailand with the possibility of extension when buying a penthouse, you must spend at least 10 million baht (about $316,000).
Can I make income by renting out real estate in Thailand?

Penthouses in Thailand is in great demand among tourists and buyers. The season here lasts all year round, so you can earn money by renting out penthouse.

There are many projects with guaranteed returns of 7–10%. Management companies provide full property maintenance service. You can also use your penthouses as a holiday home for 2–4 weeks a year without losing income.
Who guarantees the security of the transaction when buying penthouse in Thailand?

The security of the transaction is guaranteed by a notary who draws up the penthouse sale and purchase agreement and verifies information about previous and current owners of real estate, any outstanding restrictions, mortgages and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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