Focus Ploenchit

3.17 (1 Review)

Khlong Toei, Khlong Toei,Bangkok

Unit ID: U337483
5% Rental Yield
฿5,200,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
35 SqM Size
Floors
2 Floor
Construction
Dec 2013 Completed

1 Bedroom Condo for sale at Focus Ploenchit

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Focus Ploenchit project in Khlong Toei, Bangkok and was completed in Dec 2013. You can buy this condo for a base price of ฿5,200,000 (฿148,571/SqM) and it is also available for long term rentals starting from ฿21,500 per month.

Luxury condo Sukhumvit Soi 2

Excellent location 500m from Ploenchit BTS station right in the centre of town. The Room is very conveniently placed next to the common lounge and office on the first floor above the car park.

Features

BalconyBalcony Wifi IncludedWifi Included Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 2
Bedroom 1
Size 35 SqM
Price per SqM ฿148,571
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) Garden 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.
฿1,925/mo
Listed By
Private Owner
Date Listed Feb 7, 2020
Last Updated 1 year ago
Unit ID U337483

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿7,903,066
Great
฿5,800,000
Good
Fair
Above
฿10,400,000
Current asking Price: ฿5,200,000 | Advertised rental rate: ฿21,500/mo
This condo is ฿2,703,066 BELOW MARKET (-34%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿5,200,000
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.
฿1,925/mo
Rent
฿21,500/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.
20
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.
5%

Project Details

Project Name: Focus Ploenchit
Developer: Proud Real Estate
Construction: Completed (Dec 2013)
Floors: 8
Buildings: N/A
Units: 132
Project Area: 1,612 SqM
Nearest Landmark Nana BTS - 0.4 Km
Location: Khlong Toei, Khlong Toei, Bangkok
Focus 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

Available Units at Focus Ploenchit

For Sale 2 For Rent 3
Get notified when new homes are being added to Focus Ploenchit

Loan Calculator

Frequently asked questions

No pets are allowed at Focus 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 ฿1,925 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 Focus Ploenchit the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Nana BTS is the nearest BTS from Focus Ploenchit and it is 0.4 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 Focus 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

3.2 out of 5 3.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Next to the Hilton hotel Ploenchit
3.2 Marciano brewster, Netherlands, Visitor, 1 year ago
Located in Sukhumvit soi 2 in between two BTS stations. This street is not crowded and is acceptable as a residential street. This low rise projects is outdated but also one of the most affordable projects in this vicinity. The unit layouts in not always functional and the quality of the materials used goes with the age of the building

Bangkok

Khlong Toei

Neighborhood Overview

Location and Neighborhood

Street View

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