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    1 Bedroom Condo for sale at The Nest Ploenchit
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    $171,000
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    1 Bedroom Condo for sale at The Nest Ploenchit
    (1 Review)
    Unit ID: U400317
    6% Rental Yield
    Lumphini, Pathum Wan,Bangkok
    $171,000
    1 Bedroom
    1
    Bathroom
    398 Sqft
    Size
    5
    Floor
    Dec 2011
    Completed
    4
    Sale Price
    $171,000

    About This Condo

    This property is a 398 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of $171,000 ($430/Sqft).

    Final reduction! The Nest Ploenchit, 5th floor in a high-cla

    1 bed-room apartment on the 5th floor. (8 stories in total) Nice breeze and clear view (next to 2-story building). The apartment faces south, no excessive heat from the sun. The unit position is perfect, away from elevators and garbage room. Standard decorated as below. - Air Conditioner - Closet Build-in - Kitchen (Electric Cooker, Hood and Sink) with spacious dining and living area. - Sanitary ware The provided pictures are for reference. This unit is brand new, never been rented out, never been furnished. It is now time for your own stylish idea.  Best price guarantee! No agent commission fee. The one and only best apartment at best price in Chidlom and Ploenchit CBD. It is surrounded by offices and upper-class malls, including: • British embassy • American embassy • Bank of Ayudhya • All Seasons Place (office complex) • Bamrungrad Hospitality Residence • Maha Nakhon University • Mulberry House International School Facilities are second to none. It features - Rooftop energy-powered swimming pool (Japanese technology) - Fully-equipped fitness centre - Vallet parking and an exclusive car-parking lift - 24 hr shuttle bus service to BTS Ploenchit Best place to stay at best price! Definitely best for investment with premium renters working in the area such as management level, embassy representatives or doctors.

    Features

    BalconyBalcony BathtubBathtub MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Feb 20, 2020
    Updated 3 weeks ago
    Property Type Condo
    Floor 5
    Bedroom 1
    Size 398 Sqft
    Price per Sqft $430
    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) City View, Unblocked Open 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.
    $59/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U400317

    Investment Opportunity: Charges & Yield

    Sale Price
    $171,000
    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.
    $59/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at The Nest Ploenchit, and the current sales price.
    6%

    Project Details

    Project Name: The Nest Ploenchit
    Developer: The Nest Property
    Construction: Completed (Dec 2011)
    Floors: 8
    Buildings: N/A
    Units: 64
    Project Area: N/A
    Nearest Landmark Phloen Chit BTS - 4.7 Km
    Location: Lumphini, Bangkok
    The Nest Ploenchit 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
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room

    Available Units at The Nest Ploenchit

    For Sale 4 For Rent 10
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Nest Ploenchit
    View All (4)

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    Frequently Asked Questions

    No pets are allowed at The Nest Ploenchit 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 $2 per square meter based on the size of indoor area of the property and is $59 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.
    Phloen Chit BTS is the nearest BTS Station from The Nest Ploenchit and it is 4.7 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 The Nest Ploenchit 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

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Nice and clean place
    Tiffany Lin, China, 5 years ago
    The condominium is in the heart of the city. It is in a very convenient location, within 5 min walk to Phloen Chit BTS station and other amenities, such as Central Embassy, Central Chidlom, Platinum, etc., all within a short walking distance. The neighborhood has easy access to shops and restaurants. I like it very much! The room is spacious with a large balcony. Additionally, common facilities such as a fitness center and a swimming pool are located on the roof. The atmosphere is very relaxed in the evening.
    Bangkok
    Lumphini

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