Life Pinklao

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Bang Yi Khan, Bang Phlat,Bangkok

Unit ID: U36156
4% Rental Yield
฿4,326,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
35 SqM Size
Floors
22 Floor
Construction
Dec 2017 Completed

1 Bedroom Condo for sale at Life Pinklao

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Life Pinklao project in Bang Yi Khan, Bangkok and was completed in Dec 2017. You can buy this condo for a base price of ฿4,326,000 (฿123,600/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 22
Bedroom 1
Size 35 SqM
Price per SqM ฿123,600
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
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.
฿1,190/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Oct 27, 2017
Last Updated 3 years ago
Unit ID U36156

Price Analysis

Great Price
Estimated market value ฿4,587,092
Great
฿4,510,000
Good
Fair
Above
฿4,640,000
Current asking Price: ฿4,326,000 | Rental estimate: ฿15,900/mo
This condo is ฿261,092 BELOW MARKET (-6%) 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
฿4,326,000
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.
฿1,190/mo
Est. Rent
฿15,900/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.
23
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 Life Pinklao, and the current sales price.
4%

Project Details

Project Name: Life Pinklao
Developer: AP (Thailand)
Construction: Completed (Dec 2017)
Floors: 23
Buildings: N/A
Units: 803
Project Area: N/A
Nearest Landmark Bang Yi Khan MRT - 0.1 Km
Location: Bang Yi Khan, Bang Phlat, Bangkok
Life Pinklao 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

Loan Calculator

Frequently asked questions

The common area maintenance fee is ฿34 per square meter based on the size of indoor area of the property and is ฿1,190 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 Life Pinklao the required payment for the sinking fund is ฿450 per square meter based on the size of the indoor area of the property.
Bang Yi Khan MRT is the nearest MRT from Life Pinklao and it is 0.1 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 Life Pinklao 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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Neighborhood Overview

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