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    2 Bedroom Condo for sale at Baan Ploenchit
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    $497,000
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    2 Bedroom Condo for sale at Baan Ploenchit
    (1 Review)
    Unit ID: U1013890
    4% Rental Yield
    Lumphini, Pathum Wan,Bangkok
    $497,000 Great Price
    2 Bedrooms
    2
    Bathrooms
    1,378 Sqft
    Size
    10
    Floor
    Dec 1993
    Completed
    7
    Sale Price
    $497,000
    Great Price

    About This Condo

    This property is a 1,378 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 1993. You can buy this condo for a base price of $497,000 ($360/Sqft).

    Features

    BalconyBalcony OvenOven

    Basic Information

    Date Listed Jul 8, 2021
    Updated 3 months ago
    Property Type Condo
    Floor 10
    Bedrooms 2
    Size 1,378 Sqft
    Price per Sqft $360
    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
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) City 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.
    $131/mo
    Listed By
    Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1013890

    Investment Opportunity: Charges & Yield

    Sale Price
    $497,000
    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.
    $131/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.
    24
    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 2 bedroom condos at Baan Ploenchit, and the current sales price.
    4%

    Project Details

    Project Name: Baan Ploenchit
    Developer: N/A
    Construction: Completed (Dec 1993)
    Floors: 16
    Buildings: N/A
    Units: 129
    Project Area: N/A
    Nearest Landmark Nana BTS - 0.6 Km
    Location: Lumphini, Bangkok
    Baan 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
    Sauna Sauna

    Available Units at Baan Ploenchit

    For Sale 9 For Rent 10
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Baan Ploenchit
    View All (9)

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    Frequently Asked Questions

    No pets are allowed at Baan 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 $1 per square meter based on the size of indoor area of the property and is $131 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.
    Nana BTS is the nearest BTS Station from Baan Ploenchit and it is 0.6 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 Baan 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

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Great location, and there are complete facilities
    Hansa R., Thailand, 6 years ago
    This project is in the Lumphini area, surrounded by shopping centers and convenience stores. It's so convenient for me. I have been renting a fully furnished 2 beds 2 baths unit with a small kitchen. The room is nice, divided into good proportions. There are also cabinets and shelves in the kitchen to store various items there. In addition, it is just a short walk to Phloen Chit BTS, easy access to everywhere. So, if you're looking for a condo in the Lumphini area, I'd recommend it as the project provides total comfort.
    Bangkok
    Lumphini

    Neighborhood Overview

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