Happy Ratchada - Soi Ratchadaphisek 18 (Listing # PL4221)
The Bangkok condo/apartment is located on Soi Ratchadaphisek 18 in the Ratchada community of central Bangkok.
Ratchadaphisek Road is infamous for some of the worst traffic jams in the world during rush hour so using the MRT subway is the preferable method of travel for most residents of Ratchada. Every day there are tens of thousands of people who commute via MRT from Ratchada to Sukhumvit/Silom Sathorn areas. The MRT stations in Ratchada are Phra Ram 9, Thailand Cultural Center, Huai Khwang, Sutthisan and Ratchadaphisek.
Ratchada has a wide variety of properties but most of the modern, Western quality condos and apartments are near the main road and MRT stations. Ratchada has just as much to do as Sukhumvit with too many shopping, dining and nightlife destinations to count. In addition expats find the overall cost of living in Ratchada is much more affordable than other areas in Central Bangkok.
- Kop Witthaya School
- Internet and Design School
- Samsennok School
- Phra Nakhon Polytechnic College
- Mantra Music School
- Central Plaza Grand Rama 9 Super Mall
- ÿEsplanade Ratchada Shopping and Entertainment Complex
- Thailand Cultural Center
- Fortune Town Shopping Mall (Rama 9 Rd.)
- Big C Extra Superstore (Ratchadaphiesk Rd.)
- Robinson Department Storeÿ Ratchadaphisek Rd.)
- Asoke Skin Hospital (Ratchadaphisek Rd.)
- Golden Years Nursing Home
Most foreigners use property agents when renting a condo in Bangkok. Using a real estate agency is of no cost to you and you can use the agent’s expertise in Bangkok real estate to find a perfect place and location. It is usually good to begin looking for a place a month before you intend to move in. This gives you plenty of time to see properties and allows you the chance to pay a booking fee (10-25% of the rental) if you see something you like. The booking fee will hold the condo/apartment until your move-in date and go towards your deposit and first month’s rent.
Moving into an apartment or condo requires a refundable security deposit equal to 2x your agreed monthly rent or in this case ฿24,000 THB (Thailand Baht) in addition to your 1st month’s rent of ฿12,000 which is due on the day you move in. Your total move-in costs for this Bangkok rental property will be ฿36,000. Your real estate agent will help you negotiate anything from rental price, included utilities, lease terms, special requirements etc. with the landlord and prepare your lease agreement which are usually in Thai and English languages.
Living Expenses & Paying Rent
Unless you are staying in a serviced residence, you will be responsible for paying your monthly utilities which will always include electricity and water. Most Bangkok renters also have internet and cable television. For most condominiums will have to setup the services under your name and pay directly to the service providers. In the case of apartments, you will likely have to make payment to the building which may have a set fee for water. Your real estate agent can help you set up your utilities. You can pay all utility bills at the cashier of any convenient store in Bangkok. Rent payment is usually made via cash deposit or bank transfer directly into the landlord’s account.
In order to get your ฿24,000 security deposit back you must not break any terms of your signed lease agreement. This includes giving the proper move-out notice if applicable, moving out of the property by the correct date and returning the property as you rented it, with no damage to the condo itself as well as the furniture (if rented fully furnished). If you break any terms of your lease the landlord will not refund your security deposit.. If you rented a condo you will likely get your security deposit back in cash from the landlord during the week you move out. However most apartment buildings will take at least 30 days to refund your security deposit via corporate check.