1 Bedroom Condo for sale at Modiz Interchange

(1 Review)
Anusawari, Bang Khen,Bangkok
Unit ID: U31320
6% Rental Yield
1 Bedroom
1 Bathroom
38 SqM Size
Ground Floor Floor
Jul 2018 Completed

About This Condo

This property is a 38 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Modiz Interchange project in Anusawari, Bangkok and was completed in Jul 2018. You can buy this condo for a base price of ฿3,590,000 (฿94,474/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Aug 11, 2017
Updated 4 years ago
Property Type Condo
Floor Ground Floor
Bedroom 1
Size 38 SqM
Price per SqM ฿94,474
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%.

Foreign 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) N/A
Unit Type 1 BR
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.
฿1,710/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U31320

Investment Opportunity: Charges & Yield

Sale Price
฿3,590,000
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.
฿1,710/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.
17
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 Modiz Interchange, and the current sales price.
6%

Project Details

Project Name: Modiz Interchange
Construction: Completed (Jul 2018)
Floors: 8
Buildings: N/A
Units: 217
Project Area: N/A
Nearest Landmark Ban Bang Khen - 1.7 Km
Location: Anusawari, Bangkok
Modiz Interchange 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

Available Units at Modiz Interchange

For Sale 2 For Rent 1
Get notified when new homes are being added to Modiz Interchange
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Frequently Asked Questions

The common area maintenance fee is ฿45 per square meter based on the size of indoor area of the property and is ฿1,710 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 Modiz Interchange the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Ban Bang Khen is the nearest Tourist Attraction from Modiz Interchange and it is 1.7 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 Modiz Interchange 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
The condominium in a great location, beautiful and livable
Juan K., United States, 6 years ago
The condo has a nice atmosphere and a nice design. It also provides a high level of privacy. Professional staff and friendly neighbors. As for the room I live in, it's a 1 bedroom Extra room, decorated in simple but elegant style. There is enough space for one person. The project is also not far from the Wat Phra Sri Mahathat BTS station, and the BTS Pink Line will be operating through it soon. Also, there are various shopping centers, shops and hospitals nearby, which is convenient for living in the city in its entirety. I recommend it!
Bangkok
Anusawari

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Modiz Interchange

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
Ammarin Niwet 1
Location
Anusawari, Bang Khen, Bangkok
Number of units
50
Sales Prices
฿39M
Monthly Rentals
฿150K
Year Built
Dec 2008
Completion Status
Completed
Location
Anusawari, Bang Khen, Bangkok
Number of units
442
Sales Prices
฿1.15M - ฿1.39M
Monthly Rentals
฿6.9K
Year Built
Dec 2016
Completion Status
Completed
Project Name
Regent Home 18
Location
Anusawari, Bang Khen, Bangkok
Number of units
1490
Sales Prices
฿3.65M
▼ -7% underpriced
Monthly Rentals
฿7K
Year Built
Aug 2015
Completion Status
Completed
Project Name
Regent Home 15
Location
Anusawari, Bang Khen, Bangkok
Number of units
1358
Sales Prices
฿1.5M
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Location
Anusawari, Bang Khen, Bangkok
Number of units
726
Sales Prices
฿2.9M - ฿6.5M
Monthly Rentals
฿12K - ฿33K
Year Built
Jun 2019
Completion Status
Completed
Location
Anusawari, Bang Khen, Bangkok
Number of units
1269
Sales Prices
฿1.75M - ฿2M
▼ -38% underpriced
Monthly Rentals
฿6K - ฿7K
Year Built
Dec 2008
Completion Status
Completed
Location
Anusawari, Bang Khen, Bangkok
Number of units
516
Sales Prices
฿1.45M - ฿3.8M
▼ -46% underpriced
Monthly Rentals
฿8K - ฿20K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Regent Home 3
Location
Anusawari, Bang Khen, Bangkok
Number of units
N/A
Sales Prices
฿2.5M
▼ -49% underpriced
Monthly Rentals
N/A
Year Built
Jan 2008
Completion Status
Completed
Location
Anusawari, Bang Khen, Bangkok
Number of units
144
Sales Prices
฿3.59M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Anusawari, Bang Khen, Bangkok
Number of units
N/A
Sales Prices
฿45M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
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