1 Bedroom Condo for sale at PP Plus Sukhumvit 71

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Phra Khanong Nuea, Watthana,Bangkok
Unit ID: U671116
4% Rental Yield
Tenant-Occupied until Mar 1, 2025
1 Bedroom
1 Bathroom
41 SqM Size
7 Floor
Completed

About This Condo

This property is a 41 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the PP Plus Sukhumvit 71 project in Phra Khanong Nuea, Bangkok. You can buy this condo for a base price of ฿3,710,000 (฿90,488/SqM) and it is also available for long term rentals starting from ฿12,000 per month.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 12, 2021
Updated 1 month ago
Property Type Condo
Floor 7
Bedroom 1
Size 41 SqM
Price per SqM ฿90,488
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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U671116

Price Analysis

Great Price
Estimated market value ฿5,093,023
Great
฿4,420,000
Good
Fair
Above
฿5,920,000
Current asking Price: ฿3,710,000 | Advertised rental rate: ฿12,000/mo
This condo is ฿1,383,023 BELOW MARKET (-27%) 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
฿3,710,000
Rent
฿12,000/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.
26
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Project Name: PP Plus Sukhumvit 71
Developer: N/A
Construction: Completed
Floors: 8
Buildings: N/A
Units: 72
Project Area: N/A
Nearest Landmark Phra Khanong BTS - 1 Km
Location: Phra Khanong Nuea, Bangkok
PP Plus Sukhumvit 71 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
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at PP Plus Sukhumvit 71

For Sale 1 For Rent 1
Get notified when new homes are being added to PP Plus Sukhumvit 71
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Loan Calculator

Frequently Asked Questions

No pets are allowed at PP Plus Sukhumvit 71 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phra Khanong BTS is the nearest BTS Station from PP Plus Sukhumvit 71 and it is 1 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 PP Plus Sukhumvit 71 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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Bangkok
Phra Khanong Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby PP Plus Sukhumvit 71

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
Fragrant 71
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
69
Sales Prices
฿3.6M - ฿7.6M
▼ -2.2% underpriced
Monthly Rentals
฿17K - ฿40K
Year Built
Dec 2005
Completion Status
Completed
Project Name
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Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
24
Sales Prices
N/A
Monthly Rentals
฿35K - ฿38K
Year Built
Jan 2000
Completion Status
Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
90
Sales Prices
฿18M
▼ -41% underpriced
Monthly Rentals
฿75K
Year Built
Dec 2002
Completion Status
Completed
Project Name
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Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
N/A
Sales Prices
N/A
Monthly Rentals
฿25K - ฿60K
Year Built
Dec 2016
Completion Status
Completed
Project Name
Asean Tower
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
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Monthly Rentals
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Year Built
Jan 2011
Completion Status
Completed
Project Name
Sarin Suites
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
31
Sales Prices
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Monthly Rentals
฿23K - ฿45K
Year Built
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Completion Status
Completed
Project Name
Creekside Terrace
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
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Monthly Rentals
฿16K - ฿18K
Year Built
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Completion Status
Off Plan
Project Name
Laidback Place
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
N/A
Sales Prices
N/A
Monthly Rentals
฿9K - ฿25K
Year Built
N/A
Completion Status
Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
672
Sales Prices
฿2.26M - ฿3.7M
▼ -20.7% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
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Location
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Number of units
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Sales Prices
฿15M - ฿52M
Monthly Rentals
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Year Built
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Completion Status
Completed
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