Condo in Bangkok, Thailand, 1 bedroom № 29587

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Condo in Bangkok, Thailand, 1 bedroom  № 29587
ID29587 ฿ 2 842 108
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £

Property description

DISTRESS SALE

Optional 5 Year Rental Guarantee Available

1 Bedroom condo for private distress re-sale. Due to lack of funds the owner must sell at 2015 cost price before property transfer and completion on September 30th, 2018. Achieve an instant 20% increase in value - ideal for investment with an optional 5 year rent guarantee giving you 5%-7% return per year assured.

The Blossom is a resort style project built by one of Thailands largest development companies, it covers a 7 rai plot of land comprising of 5 residential buildings with gardens, swimming pool, fitness centre, bar and lounge facilities.


The investment returns are fantastic when you couple the rental guarantee together with the expected growth.

 

INVESTMENT FACTS:

Rental Guarantee: 5-7% Per Year for 5 Years. (subject to purchase of a furniture package)

Year 1 - 5%

Year 2 - 5.5%

Year 3 - 6%

Year 4 - 6.5%

Year 5 - 7%

 

LOCATION FACTS:

This project is located in the heart of Sathorn, just 800m from BTS Surasak with BTS Shuttle Service. Sathorn is a leading upmarket address in Bangkok and rightly so with Bangkok's Financial District and the famous Chao Phraya River & Hotel District all sharing the same neighbourhood. Notable local developments include the new Four Seasons Hotel and Riverside, and the impressive Icon Siam Mall completing soon on the riverfront. Nearby supermarkets include Tesco Lotus and Makro, there is also a range of International Schools, Hospitals and Shopping Malls in the vicinity.

 

EXTRAS:

The listed buying price is inclusive of all extra fees associated with the transfer: transfer tax, agency commission, electric / water meter installation, maintenance fee (1 yr), sinking fund, sports club membership (1 yr).

There is a THB 30,000 fee charged by the developer to change the name on the contract to the new buyer.

Indoor facilities

  • Reception
  • Garage
  • Covered parking

Outdoor features

  • CCTV
  • Security
  • Garden
  • Swimming pool
Bangkok - Statistics
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ParametersBangkok
Rent Per Month
Apartment (1 bedroom) in City Centre฿ 20 307.69
Apartment (1 bedroom) Outside of Centre฿ 10 500.00
Apartment (3 bedrooms) in City Centre฿ 57 720.23
Apartment (3 bedrooms) Outside of Centre฿ 28 489.07
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre฿ 191 600.00
Price per Square Meter to Buy Apartment Outside of Centre฿ 88 252.15
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ParametersBangkok
Crime Index39.36
Cost of Living and Rent Index27.99
Purchasing Power Index47.97
Property Price to Income Ratio28.22
Safety Index60.64
Traffic CO₂ Index7863.30
Traffic Inefficiency Index261.44
Rent Index16.42
Health Care Index77.19
Groceries Index44.00
Pollution Index77.99
Traffic Commute Time Index45.35
Restaurant Price Index23.54
Climate Index58.39
Cost of Living Index37.16
Quality of Life Index93.24
Traffic Index210.63
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ParametersBangkok
Restaurants
Meal, Inexpensive Restaurant฿ 100.00
Meal for 2 People, Mid-range Restaurant, Three-course฿ 950.00
McMeal at McDonalds (or Equivalent Combo Meal)฿ 200.00
Domestic Beer (0.5 liter draught)฿ 80.00
Imported Beer (0.33 liter bottle)฿ 150.00
Coke/Pepsi (0.33 liter bottle)฿ 21.45
Water (0.33 liter bottle) ฿ 9.49
Cappuccino (regular)฿ 85.33
Markets
Milk (regular), (1 liter)฿ 64.08
Loaf of Fresh White Bread (500g)฿ 48.06
Eggs (regular) (12)฿ 75.06
Local Cheese (1kg)฿ 698.51
Water (1.5 liter bottle)฿ 17.19
Bottle of Wine (Mid-Range)฿ 600.00
Domestic Beer (0.5 liter bottle)฿ 60.89
Imported Beer (0.33 liter bottle)฿ 115.24
Cigarettes 20 Pack (Marlboro)฿ 141.75
Apples (1kg)฿ 109.43
Chicken Fillets (1kg)฿ 95.75
Oranges (1kg)฿ 77.11
Potato (1kg)฿ 50.34
Lettuce (1 head)฿ 42.18
Rice (white), (1kg)฿ 47.42
Tomato (1kg)฿ 59.08
Banana (1kg)฿ 54.84
Onion (1kg)฿ 44.42
Beef Round (1kg) (or Equivalent Back Leg Red Meat)฿ 314.32
Transportation
One-way Ticket (Local Transport)฿ 40.00
Monthly Pass (Regular Price)฿ 1 300.00
Gasoline (1 liter)฿ 39.89
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)฿ 1 350 000.00
Taxi Start (Normal Tariff)฿ 35.00
Taxi 1km (Normal Tariff)฿ 40.00
Taxi 1hour Waiting (Normal Tariff)฿ 200.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)฿ 925 026.32
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment฿ 3 040.96
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)฿ 512.53
฿ 457.32
Salaries And Financing
Average Monthly Net Salary (After Tax)฿ 24 796.26
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.10
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult฿ 1 629.50
Tennis Court Rent (1 Hour on Weekend)฿ 365.44
Cinema, International Release, 1 Seat฿ 250.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)฿ 1 799.13
1 Summer Dress in a Chain Store (Zara, H&M, ...)฿ 1 207.94
1 Pair of Nike Running Shoes (Mid-Range)฿ 3 303.19
1 Pair of Men Leather Business Shoes฿ 2 919.23
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child฿ 20 250.29
International Primary School, Yearly for 1 Child฿ 458 174.00
Data are provided by Numbeo.com and are based on its users survey. Thailand-real.estate can not guarantee the validity of these data.
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CityBangkok
TypeCondominium
Bedrooms1
Living space31 m²
  • sq. ft
Completion dateIII quarter, 2018
Price
  • Price
  • per m²
฿ 2 842 108
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £