Unit ID: U1905469
5% Rental Yield
Lumphini, Pathum Wan,Bangkok
$458,000
2 Bedrooms
2
Bathrooms
784 Sqft
Size
3
Floor
Jan 2021
Completed

About This Condo

This property is a 784 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 Jan 2021. You can buy this condo for a base price of $458,000 ($584/Sqft).

Features

BalconyBalcony Full Western KitchenFull Western Kitchen OvenOven

Basic Information

Date Listed Jul 31, 2024
Updated N/A
Property Type Condo
Floor 3
Bedrooms 2
Size 784 Sqft
Price per Sqft $584
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%.

Foreign Quota, 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
Unit Type 2BR
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.
$170/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1905469

Investment Opportunity: Charges & Yield

Sale Price
$458,000
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.
$170/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.
21
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 Craft Ploenchit, and the current sales price.
5%

Project Details

Project Name: Craft Ploenchit
Construction: Completed (Jan 2021)
Floors: 8
Buildings: 1
Units: 90
Project Area: 16,663 Sqft
Nearest Landmark Phloen Chit BTS - 0.5 Km
Location: Lumphini, Bangkok
Craft 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
Reception / Lobby Area Reception / Lobby Area
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area

Popular Facilities at Craft Ploenchit

  • Reception / Lobby Area
    1st Floor
  • Communal Gym
    1st Floor
  • Communal Pool
    Rooftop

Available Units at Craft Ploenchit

For Sale 69 For Rent 3
Available Units at Craft Ploenchit
$202,000
$464/Sqft
Beds 1 Beds
Baths 1 Baths
Size 435 Sqft Size
Floor 2 Floor
Unfurnished City View
Available Units at Craft Ploenchit
$290,000$573,000
$463/Sqft
Beds 2 Beds
Baths 2 Baths
Size 625 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$636,000
$579/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,098 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$290,000$380,000
$463/Sqft
Beds 2 Beds
Baths 2 Baths
Size 625 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$236,000$276,000
$463/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 509 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$290,000
$463/Sqft
Beds 2 Beds
Baths 2 Baths
Size 625 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$670,000
$610/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,098 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$646,000$743,000
$589/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,098 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$247,000$333,000
$579/Sqft
Beds 1 Beds
Baths 1 Baths
Size 426 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$326,000
$521/Sqft
Beds 2 Beds
Baths 2 Baths
Size 625 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$675,000
$615/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,098 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$249,000$380,000
$584/Sqft
Beds 1 Beds
Baths 1 Baths
Size 426 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$256,000$297,000
$589/Sqft
Beds 1 Beds
Baths 1 Baths
Size 435 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$326,000
$521/Sqft
Beds 2 Beds
Baths 2 Baths
Size 625 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$914,000
$589/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,553 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$251,000$776,000
$589/Sqft
Beds 1 Beds
Baths 1 Baths
Size 426 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$258,000$305,000
$605/Sqft
Beds 1 Beds
Baths 1 Baths
Size 426 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$326,000
$521/Sqft
Beds 2 Beds
Baths 2 Baths
Size 625 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$414,000
$586/Sqft
Beds 2 Beds
Baths 2 Baths
Size 707 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$260,000$352,000
$610/Sqft
Beds 1 Beds
Baths 1 Baths
Size 426 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$416,000
$589/Sqft
Beds 2 Beds
Baths 2 Baths
Size 707 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$258,000
$589/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 438 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$419,000
$593/Sqft
Beds 2 Beds
Baths 2 Baths
Size 707 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$428,000
$605/Sqft
Beds 2 Beds
Baths 2 Baths
Size 707 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$263,000$356,000
$601/Sqft
Beds 1 Beds
Baths 1 Baths
Size 438 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$431,000
$610/Sqft
Beds 2 Beds
Baths 2 Baths
Size 707 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$262,000$333,000
$615/Sqft
Beds 1 Beds
Baths 1 Baths
Size 426 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$261,000
$601/Sqft
Beds 1 Beds
Baths 1 Baths
Size 435 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$441,000
$589/Sqft
Beds 2 Beds
Baths 2 Baths
Size 749 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished City View
Available Units at Craft Ploenchit
$445,000
$589/Sqft
Beds 2 Beds
Baths 2 Baths
Size 756 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to Craft Ploenchit
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Frequently Asked Questions

No pets are allowed at Craft 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 $170 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 Craft Ploenchit the required payment for the sinking fund is $23 per square meter based on the size of the indoor area of the property.
Phloen Chit BTS is the nearest BTS Station from Craft Ploenchit and it is 0.5 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 Craft 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A condo in a great location near the shopping mall and Skytrain station
Christina Bannor, United States, 2 years ago
This condo is a low-rise condo. However, the location is excellent. The condo is located at the not-very-end of the alley. You can walk to Ploenchit BTS station for a minute, and there are also famous department stores like Central Chidlom nearby that you can walk to as well. If you use a private car, it may be a little difficult because most of the alleys are one-way, but it's close to the expressway. For the project, the design is very modern. The room has a Home Automation system. Also, there are many types of rooms to choose from with the usable area ranging from 36 - 134 square meters. Additionally, the common area is available as standard condos.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Craft Ploenchit

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
O2 Hip Condo
Location
Lumphini, Pathum Wan, Bangkok
Number of units
48
Sales Prices
$247.67K - $568.19K
▼ -10.7% underpriced
Monthly Rentals
$874 - $2.04K
Year Built
Feb 2010
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
64
Sales Prices
$139.86K - $262.24K
▲ 8% overpriced
Monthly Rentals
$583 - $1.31K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Ploenchit Terrace
Location
Lumphini, Pathum Wan, Bangkok
Number of units
N/A
Sales Prices
$2.88M
Monthly Rentals
N/A
Year Built
Jan 1993
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
62
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$276.81K - $524.48K
▼ -6% underpriced
Monthly Rentals
$728 - $1.75K
Year Built
Dec 2011
Completion Status
Completed
Location
Khlong Toei Nuea, Pathum Wan, Bangkok
Number of units
252
Sales Prices
$81.59K - $126.75K
▼ -21% underpriced
Monthly Rentals
$437
Year Built
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Completion Status
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Project Name
Noble Ploenchit
Location
Lumphini, Pathum Wan, Bangkok
Number of units
1444
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$192.31K - $2.88M
▼ -4.4% underpriced
Monthly Rentals
$845 - $37.09K
Year Built
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Completion Status
Completed
Project Name
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Location
Khlong Toei Nuea, Pathum Wan, Bangkok
Number of units
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$178.32K - $272.15K
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Lumphini, Pathum Wan, Bangkok
Number of units
1344
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$134.03K - $405.02K
▲ 1.1% overpriced
Monthly Rentals
$405 - $1.75K
Year Built
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Completed
Project Name
Witthayu Complex
Location
Makkasan, Pathum Wan, Bangkok
Number of units
378
Sales Prices
$122.09K - $568.19K
▼ -46% underpriced
Monthly Rentals
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Year Built
Dec 1996
Completion Status
Completed
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Location
Khlong Toei Nuea, Pathum Wan, Bangkok
Number of units
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Sales Prices
$134.03K - $247.67K
▼ -50% underpriced
Monthly Rentals
$1.17K
Year Built
Dec 2002
Completion Status
Completed
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