The Pano - Rama 3 Road (Listing # PL4868)
The Bangkok condo/apartment is located on Rama 3 Road in the Rama III community of central Bangkok. This Bangkok property is not particularly close to any BTS skytrain or MRT subway station. Other public transportation may be available, be sure to ask your Bangkok real estate agent more details about the location of this property.
What Rama 3 lacks in convenience, it makes up for in cost of living. The prices for real estate and condo/apartment rentals along Rama 3 Road are significantly less expensive than Sathorn/Sukhumvit. As an added bonus, since Rama 3 is along the river, there are several condominiums with river views, which simply is impossible in more Central Bangkok.
- Watdan School (Rama 3 soi 34)
- Wat Khlong Mai School (Rama 3 soi 53)
- New Sathorn International School (Narathiwas soi 24)
- Shrewsbury International School (Charoen Krung Rd.)
- Central Rama III Shopping Center (Sathupradit Rd.)
- Tesco Lotus (Narathiwas Rd.)
- Expressway Rama 3
- Asiatique The Riverfront (Charoen Krung Rd.)
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 ฿70,000 THB (Thailand Baht) in addition to your 1st month’s rent of ฿35,000 which is due on the day you move in. Your total move-in costs for this Bangkok rental property will be ฿105,000. 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 ฿70,000 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.