Condo in Phra Khanong, Bangkok, Thailand, 2 bedrooms № 85896

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Condo in Phra Khanong, Bangkok, Thailand, 2 bedrooms  № 85896
ID85896 ฿ 5 700 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £

Property description

Exclusive Investment Opportunity in Bangkok's Vibrant Heart

Presenting a unique investment-ready two-bedroom, one-bathroom condo in the sought-after Life Sukhumvit 48 project. This mid-range freehold property, located in Phra Khanong, Khlong Toei, offers lucrative potential for savvy investors. Highlights include a sale with tenant option, and the current sale is marked at a loss, signaling an exceptional entry price for a property in Bangkok’s bustling real estate market.

Strategic Location & Project Overview

The condo, situated on the 11th floor of a 31-storey building, with 612 units in total, spans across 50 sqm. Its locational advantage in Bangkok coupled with a robust project profile underscores its value as a promising investment.

Superb Interiors & Amenities

Designed for the modern resident, the unit features an open layout, adorned with a neutral color palette and stylish furnishings, available both furnished or unfurnished for flexibility.
Key interior highlights include a spacious living area with a sectional sofa, large windows ensuring ample natural light, a fully fitted kitchen with modern appliances, and serene bedrooms with minimalist design principles. Additionally, the property benefits from laminated wood and tiled flooring, enhancing both aesthetic and durability.

Financially Appealing for Investors

This condo represents an attractive proposition due to its potential for high ROI, bolstered by its history of tenancy and strategic market positioning. The freehold ownership also offers unfettered long-term value, making it an ideal acquisition for both local and international investors seeking a foothold in Bangkok’s real estate landscape.

Location

  • City view

Features

  • Balcony
  • TV
  • Air Conditioners
  • Washing machine
  • Tap water
  • Electricity

Indoor facilities

  • Covered parking

Outdoor features

  • Transport accessibility
  • Car park
Bangkok - Statistics
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ParametersBangkok
Rent Per Month
Apartment (1 bedroom) in City Centre฿ 21 029.41
Apartment (1 bedroom) Outside of Centre฿ 10 297.37
Apartment (3 bedrooms) in City Centre฿ 58 810.34
Apartment (3 bedrooms) Outside of Centre฿ 29 332.76
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre฿ 192 173.91
Price per Square Meter to Buy Apartment Outside of Centre฿ 86 673.20
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ParametersBangkok
Crime Index40.10
Cost of Living and Rent Index28.36
Purchasing Power Index39.06
Property Price to Income Ratio30.16
Safety Index59.90
Traffic CO₂ Index8123.07
Traffic Inefficiency Index265.15
Rent Index15.92
Health Care Index76.78
Groceries Index45.33
Pollution Index77.86
Traffic Commute Time Index45.59
Restaurant Price Index19.19
Climate Index58.39
Cost of Living Index39.97
Quality of Life Index86.89
Traffic Index213.41
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ParametersBangkok
Restaurants
Meal, Inexpensive Restaurant฿ 100.00
Meal for 2 People, Mid-range Restaurant, Three-course฿ 915.33
McMeal at McDonalds (or Equivalent Combo Meal)฿ 200.00
Domestic Beer (0.5 liter draught)฿ 80.00
Imported Beer (0.33 liter bottle)฿ 139.37
Coke/Pepsi (0.33 liter bottle)฿ 20.65
Water (0.33 liter bottle) ฿ 10.98
Cappuccino (regular)฿ 83.77
Markets
Milk (regular), (1 liter)฿ 65.89
Loaf of Fresh White Bread (500g)฿ 55.05
Eggs (regular) (12)฿ 77.51
Local Cheese (1kg)฿ 708.65
Water (1.5 liter bottle)฿ 16.19
Bottle of Wine (Mid-Range)฿ 600.00
Domestic Beer (0.5 liter bottle)฿ 62.40
Imported Beer (0.33 liter bottle)฿ 121.42
Cigarettes 20 Pack (Marlboro)฿ 150.00
Apples (1kg)฿ 109.73
Chicken Fillets (1kg)฿ 98.48
Oranges (1kg)฿ 78.61
Potato (1kg)฿ 54.64
Lettuce (1 head)฿ 43.30
Rice (white), (1kg)฿ 51.29
Tomato (1kg)฿ 61.78
Banana (1kg)฿ 54.05
Onion (1kg)฿ 47.97
Beef Round (1kg) (or Equivalent Back Leg Red Meat)฿ 377.29
Transportation
One-way Ticket (Local Transport)฿ 43.89
Monthly Pass (Regular Price)฿ 1 300.00
Gasoline (1 liter)฿ 40.60
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)฿ 2 000 000.00
Taxi Start (Normal Tariff)฿ 35.00
Taxi 1km (Normal Tariff)฿ 42.50
Taxi 1hour Waiting (Normal Tariff)฿ 200.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)฿ 917 088.24
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment฿ 3 320.82
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)฿ 528.67
฿ 468.60
Salaries And Financing
Average Monthly Net Salary (After Tax)฿ 23 115.99
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.08
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult฿ 1 993.63
Tennis Court Rent (1 Hour on Weekend)฿ 400.06
Cinema, International Release, 1 Seat฿ 250.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)฿ 2 049.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)฿ 1 382.61
1 Pair of Nike Running Shoes (Mid-Range)฿ 3 562.33
1 Pair of Men Leather Business Shoes฿ 3 256.48
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child฿ 24 051.64
International Primary School, Yearly for 1 Child฿ 464 288.64
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
DistrictPhra Khanong
TypeCondominium
Bedrooms2
Living space50 m²
  • sq. ft
Completion dateIV quarter, 2018
Price
  • Price
  • per m²
฿ 5 700 000
  • THB ฿
  • USD $
  • EUR €
  • RUB ₽
  • GBP £