1 Bedroom Condo for sale at Craft Ploenchit

(1 Review)
Lumphini, Pathum Wan,Bangkok
Unit ID: U1669462
4% Rental Yield
฿8,090,000
1 Bedroom
1 Bathroom
39.58 SqM Size
Mar 2019 Completed

About This Condo

This property is a 39.58 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Craft Ploenchit project in Lumphini, Bangkok and was completed in Mar 2019. You can buy this condo for a base price of ฿8,090,000 (฿204,396/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Sep 18, 2023
Updated 1 week ago
Property Type Condo
Floor N/A
Bedroom 1
Size 39.58 SqM
Price per SqM ฿204,396
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%.

N/A
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View
Unit Type 1BR
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.
฿3,166/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1669462

Investment Opportunity: Charges & Yield

Sale Price
฿8,090,000
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.
฿3,166/mo
Est. Rent
฿24,000/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.
28
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 Craft Ploenchit, and the current sales price.
4%

Project Details

Project Name: Craft Ploenchit
Construction: Completed (Mar 2019)
Floors: 8
Buildings: N/A
Units: 90
Project Area: N/A
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

Available Units at Craft Ploenchit

For Sale 5 For Rent 4
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 ฿80 per square meter based on the size of indoor area of the property and is ฿3,166 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 ฿800 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

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

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, 1 year 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

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