Unit ID: U589574
6% Rental Yield
Suan Luang, Suan Luang,Bangkok
฿1,500,000 Great Price
1 Bedroom
1
Bathroom
29 SqM
Size
5
Floor
Dec 2011
Completed

About This Condo

This property is a 29 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Bliz Condominium Rama 9 - Hua Mak project in Suan Luang, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of ฿1,500,000 (฿51,724/SqM).

Features

MicrowaveMicrowave

Basic Information

Date Listed May 25, 2020
Updated 3 years ago
Property Type Condo
Floor 5
Bedroom 1
Size 29 SqM
Price per SqM ฿51,724
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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
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.
N/A
Listed By
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U589574

Price Analysis

Great Price
Estimated market value ฿2,213,552
Great
฿1,750,000
Good
Fair
Above
฿2,320,000
Current asking Price: ฿1,500,000 | Rental estimate: ฿7,630/mo
This condo is ฿713,552 BELOW MARKET (-32%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿1,500,000
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.
16
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 Bliz Condominium Rama 9 - Hua Mak, and the current sales price.
6%

Project Details

Construction: Completed (Dec 2011)
Floors: 8
Buildings: N/A
Units: 296
Project Area: N/A
Nearest Landmark Hua Mak ARL - 0.2 Km
Location: Suan Luang, Bangkok
Bliz Condominium Rama 9 - Hua Mak Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Bliz Condominium Rama 9 - Hua Mak

For Sale 2 For Rent 2
Get notified when new homes are being added to Bliz Condominium Rama 9 - Hua Mak
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Loan Calculator

Frequently Asked Questions

No pets are allowed at Bliz Condominium Rama 9 - Hua Mak unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Hua Mak ARL is the nearest Airport Rail Link Station from Bliz Condominium Rama 9 - Hua Mak and it is 0.2 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 Bliz Condominium Rama 9 - Hua Mak 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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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
Peaceful and private
Armin K., Germany, 2 years ago
This condo is not far from Hua Mak ARL station; it takes less than 10 minutes to walk to the station. The location of this condo is next to a frontage road, making it private and not crowded like the condos in a small alley. There are a few restaurants and convenience stores in this neighborhood. However, shopping malls and hospitals are a few minutes' drive away. Anyway, my room is a 2-bedroom, but I've converted the other bedroom into a workspace. There is also a swimming pool and fitness facility for residents. Although it has been nearly 10 years, everything is still in good condition.
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Bliz Condominium Rama 9 - Hua Mak

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
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1084
Sales Prices
฿2.75M - ฿3.95M
▲ 18% overpriced
Monthly Rentals
฿8.99K - ฿23K
Year Built
May 2018
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
558
Sales Prices
฿5.79M
Monthly Rentals
฿12K - ฿30K
Year Built
Dec 2021
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1152
Sales Prices
฿1.45M - ฿4M
Monthly Rentals
฿8.99K - ฿15K
Year Built
Dec 2008
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1613
Sales Prices
฿2.47M - ฿2.75M
▲ 35% overpriced
Monthly Rentals
฿7.49K - ฿22K
Year Built
Dec 2014
Completion Status
Completed
Project Name
The Iris
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1152
Sales Prices
฿2.48M - ฿2.6M
▼ -14% underpriced
Monthly Rentals
฿8.99K - ฿16K
Year Built
Jan 2009
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
640
Sales Prices
฿3.5M - ฿7.49M
▼ -12% underpriced
Monthly Rentals
฿24K - ฿45K
Year Built
Dec 1992
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
159
Sales Prices
฿1.52M - ฿3.6M
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1024
Sales Prices
฿1.78M - ฿4.12M
▲ 4.5% overpriced
Monthly Rentals
฿6.99K - ฿15K
Year Built
Sep 2019
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
฿67.9M
▼ -8% underpriced
Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
Location
Hua Mak, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
฿6.99M
Monthly Rentals
N/A
Year Built
Jan 2008
Completion Status
Completed
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