2 Bedroom Condo for sale at Baan Ploenchit

4.67 (1 Review)
Lumphini, Pathum Wan,Bangkok
Unit ID: U1013890
4% Rental Yield
฿15,000,000 Great Price
2 Bedrooms
2 Bathrooms
128 SqM Size
10 Floor
Dec 1993 Completed

About This Condo

This property is a 128 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Baan Ploenchit project in Lumphini, Bangkok and was completed in Dec 1993. You can buy this condo for a base price of ฿15,000,000 (฿117,188/SqM).

Features

BalconyBalcony OvenOven

Basic Information

Property Type Condo
Floor 10
Bedrooms 2
Size 128 SqM
Price per SqM ฿117,188
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly 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.
฿4,480/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Jul 8, 2021
Last Updated 1 year ago
Unit ID U1013890

Price Analysis

Great Price
Estimated market value ฿29,922,608
Great
฿16,000,000
Good
Fair
Above
฿42,800,000
Current asking Price: ฿15,000,000 | Rental estimate: ฿47,700/mo
This condo is ฿14,922,608 BELOW MARKET (-50%) 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
฿15,000,000
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.
฿4,480/mo
Est. Rent
฿47,700/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 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 Baan Ploenchit, and the current sales price.
4%

Project Details

Project Name: Baan Ploenchit
Developer: N/A
Construction: Completed (Dec 1993)
Floors: 16
Buildings: N/A
Units: 129
Project Area: N/A
Nearest Landmark Nana BTS - 0.6 Km
Location: Pathum Wan, Bangkok
Baan 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

Available Units at Baan Ploenchit

For Sale 5 For Rent 4
Get notified when new homes are being added to Baan Ploenchit

Loan Calculator

Frequently Asked Questions

The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿4,480 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.
Nana BTS is the nearest BTS Station from Baan Ploenchit and it is 0.6 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 Baan 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

4.7 out of 5 4.67
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great location, and there are complete facilities
4.7 Hansa R., Thailand, 4 years ago
This project is in the Lumphini area, surrounded by shopping centers and convenience stores. It's so convenient for me. I have been renting a fully furnished 2 beds 2 baths unit with a small kitchen. The room is nice, divided into good proportions. There are also cabinets and shelves in the kitchen to store various items there. In addition, it is just a short walk to Phloen Chit BTS, easy access to everywhere. So, if you're looking for a condo in the Lumphini area, I'd recommend it as the project provides total comfort.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Ploenchit

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
Navin Court
Location
Lumphini, Pathum Wan, Bangkok
Number of units
77
Sales Prices
฿9.57M - ฿28.2M
▲ 0.7% overpriced
Monthly Rentals
฿25.2K - ฿40.3K
Year Built
Dec 2000
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
138
Sales Prices
฿5.14M - ฿8.86M
▲ 1% overpriced
Monthly Rentals
฿15.1K - ฿37.3K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Preen By Sansiri
Location
Lumphini, Pathum Wan, Bangkok
Number of units
26
Sales Prices
฿10.6M - ฿29.2M
▼ -36% underpriced
Monthly Rentals
฿35.2K - ฿101K
Year Built
Dec 2008
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
79
Sales Prices
฿4.88M - ฿7.75M
▼ -22.2% underpriced
Monthly Rentals
฿19.1K - ฿40.3K
Year Built
Dec 2009
Completion Status
Completed
Project Name
SOCIO Ruamrudee
Location
Lumphini, Pathum Wan, Bangkok
Number of units
67
Sales Prices
฿4.02M - ฿4.63M
▼ -2.5% underpriced
Monthly Rentals
฿17.1K - ฿24.2K
Year Built
Dec 2010
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
104
Sales Prices
฿10.1M - ฿16.6M
▼ -38% underpriced
Monthly Rentals
฿55.4K - ฿65.5K
Year Built
Jan 2019
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
90
Sales Prices
฿2.52M - ฿30.2M
▼ -42% underpriced
Monthly Rentals
฿12.1K - ฿50.4K
Year Built
Dec 1999
Completion Status
Completed
Project Name
Focus Ploenchit
Location
Lumphini, Pathum Wan, Bangkok
Number of units
132
Sales Prices
฿5.03M - ฿8.76M
▼ -44% underpriced
Monthly Rentals
฿19.1K - ฿39.3K
Year Built
Dec 2013
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
170
Sales Prices
฿32.2M - ฿98.5M
▼ -18% underpriced
Monthly Rentals
฿48.3K - ฿121K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Crystal Garden
Location
Lumphini, Pathum Wan, Bangkok
Number of units
112
Sales Prices
฿9.34M - ฿44.3M
▼ -48% underpriced
Monthly Rentals
฿55.4K - ฿75.5K
Year Built
Dec 1991
Completion Status
Completed
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