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    1 Bedroom Condo for sale at Modiz Interchange
    Anusawari, Bang Khen,Bangkok
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    Sale Price
    $76,200
    Request Details

    1 Bedroom Condo for sale at Modiz Interchange
    (1 Review)
    Unit ID: U216623
    6% Rental Yield
    Anusawari, Bang Khen,Bangkok
    $76,200
    1 Bedroom
    1
    Bathroom
    258 Sqft
    Size
    7
    Floor
    Jul 2018
    Completed
    5
    Sale Price
    $76,200

    About This Condo

    This property is a 258 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Anusawari, Bangkok and was completed in Jul 2018. You can buy this condo for a base price of $76,200 ($295/Sqft) and it is also available for long term rentals starting from $353 per month.

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Mar 3, 2020
    Updated 2 weeks ago
    Property Type Condo
    Floor 7
    Bedroom 1
    Size 258 Sqft
    Price per Sqft $295
    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%.

    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) Blocked 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.
    $32/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U216623

    Investment Opportunity: Charges & Yield

    Sale Price
    $76,200
    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.
    $32/mo
    Rent
    $353/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.
    18
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    6%

    Project Details

    Project Name: Modiz Interchange
    Developer: Asset Wise Co., Ltd.
    Construction: Completed (Jul 2018)
    Floors: 8
    Buildings: N/A
    Units: 217
    Project Area: N/A
    Nearest Landmark Ban Bang Khen - 1.7 Km
    Location: Anusawari, Bangkok
    Modiz Interchange 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
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Modiz Interchange

    For Sale 2 For Rent 2
    • All
    • 1 Bed
    Get notified when new homes are being added to Modiz Interchange
    View All (2)

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    Frequently Asked Questions

    The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $32 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 Modiz Interchange the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Ban Bang Khen is the nearest Tourist Attraction from Modiz Interchange and it is 1.7 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 Modiz Interchange 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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The condominium in a great location, beautiful and livable
    Juan K., United States, 6 years ago
    The condo has a nice atmosphere and a nice design. It also provides a high level of privacy. Professional staff and friendly neighbors. As for the room I live in, it's a 1 bedroom Extra room, decorated in simple but elegant style. There is enough space for one person. The project is also not far from the Wat Phra Sri Mahathat BTS station, and the BTS Pink Line will be operating through it soon. Also, there are various shopping centers, shops and hospitals nearby, which is convenient for living in the city in its entirety. I recommend it!
    Bangkok
    Anusawari

    Neighborhood Overview

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    Year Built
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    Completion Status
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    Projects Nearby Modiz Interchange
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