Unit ID: U1162510
7% Rental Yield
Lumphini, Pathum Wan,Bangkok
฿8,200,000
2 Bedrooms
2
Bathrooms
65 SqM
Size
5
Floor
Dec 2011
Completed

About This Condo

This property is a 65 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Nest Ploenchit project in Lumphini, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of ฿8,200,000 (฿126,154/SqM).

Features

BalconyBalcony TVTV

Basic Information

Date Listed Oct 11, 2022
Updated 10 months ago
Property Type Condo
Floor 5
Bedrooms 2
Size 65 SqM
Price per SqM ฿126,154
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.
฿3,575/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1162510

Investment Opportunity: Charges & Yield

Sale Price
฿8,200,000
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.
฿3,575/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.
15
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 The Nest Ploenchit, and the current sales price.
7%

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 9
Get notified when new homes are being added to The Nest Ploenchit
View All (4)

Loan Calculator

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 ฿55 per square meter based on the size of indoor area of the property and is ฿3,575 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

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
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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
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

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Nest Ploenchit

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Year Built
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