1 Bedroom Condo for sale at The Nest Ploenchit

(1 Review)
Lumphini, Pathum Wan,Bangkok
Unit ID: U400317
6% Rental Yield
1 Bedroom
1 Bathroom
37 SqM Size
5 Floor
Dec 2011 Completed

About This Condo

This property is a 37 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of £134,000 (£3,630/SqM).

Final reduction! The Nest Ploenchit, 5th floor in a high-cla

1 bed-room apartment on the 5th floor. (8 stories in total) Nice breeze and clear view (next to 2-story building). The apartment faces south, no excessive heat from the sun. The unit position is perfect, away from elevators and garbage room. Standard decorated as below. - Air Conditioner - Closet Build-in - Kitchen (Electric Cooker, Hood and Sink) with spacious dining and living area. - Sanitary ware The provided pictures are for reference. This unit is brand new, never been rented out, never been furnished. It is now time for your own stylish idea.  Best price guarantee! No agent commission fee. The one and only best apartment at best price in Chidlom and Ploenchit CBD. It is surrounded by offices and upper-class malls, including: • British embassy • American embassy • Bank of Ayudhya • All Seasons Place (office complex) • Bamrungrad Hospitality Residence • Maha Nakhon University • Mulberry House International School Facilities are second to none. It features - Rooftop energy-powered swimming pool (Japanese technology) - Fully-equipped fitness centre - Vallet parking and an exclusive car-parking lift - 24 hr shuttle bus service to BTS Ploenchit Best place to stay at best price! Definitely best for investment with premium renters working in the area such as management level, embassy representatives or doctors.

Features

BalconyBalcony BathtubBathtub MicrowaveMicrowave TVTV

Basic Information

Date Listed Feb 20, 2020
Updated 6 days ago
Property Type Condo
Floor 5
Bedroom 1
Size 37 SqM
Price per SqM £3,630
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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) City View, Unblocked Open 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.
£46/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U400317

Investment Opportunity: Charges & Yield

Sale Price
£134,000
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.
£46/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.
18
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 The Nest Ploenchit, and the current sales price.
6%

Project Details

Project Name: The Nest Ploenchit
Developer: The Nest Property
Construction: Completed (Dec 2011)
Floors: 8
Buildings: N/A
Units: 64
Project Area: N/A
Nearest Landmark Phloen Chit BTS - 4.7 Km
Location: Lumphini, Bangkok
The Nest 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
Co-Working Space / Meeting Room Co-Working Space / Meeting Room

Available Units at The Nest Ploenchit

For Sale 3 For Rent 10
Get notified when new homes are being added to The Nest Ploenchit
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Frequently Asked Questions

No pets are allowed at The Nest 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 £1 per square meter based on the size of indoor area of the property and is £46 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.
Phloen Chit BTS is the nearest BTS Station from The Nest Ploenchit and it is 4.7 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 The Nest 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

Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice and clean place
Tiffany Lin, China, 5 years ago
The condominium is in the heart of the city. It is in a very convenient location, within 5 min walk to Phloen Chit BTS station and other amenities, such as Central Embassy, Central Chidlom, Platinum, etc., all within a short walking distance. The neighborhood has easy access to shops and restaurants. I like it very much! The room is spacious with a large balcony. Additionally, common facilities such as a fitness center and a swimming pool are located on the roof. The atmosphere is very relaxed in the evening.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Nest 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
Location
Lumphini, Pathum Wan, Bangkok
Number of units
62
Sales Prices
£217K - £411K
▼ -6% underpriced
Monthly Rentals
£571 - £1.37K
Year Built
Dec 2011
Completion Status
Completed
Project Name
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Location
Lumphini, Pathum Wan, Bangkok
Number of units
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▼ -32% underpriced
Monthly Rentals
£571 - £1.26K
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Jan 2021
Completion Status
Completed
Project Name
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Location
Lumphini, Pathum Wan, Bangkok
Number of units
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Sales Prices
£187K - £365K
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Monthly Rentals
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Year Built
Feb 2010
Completion Status
Completed
Project Name
Ploenchit Terrace
Location
Lumphini, Pathum Wan, Bangkok
Number of units
N/A
Sales Prices
£2.26M
Monthly Rentals
N/A
Year Built
Jan 1993
Completion Status
Completed
Project Name
Life One Wireless
Location
Lumphini, Pathum Wan, Bangkok
Number of units
1344
Sales Prices
£105K - £346K
▲ 1.1% overpriced
Monthly Rentals
£317 - £1.37K
Year Built
Apr 2020
Completion Status
Completed
Location
Khlong Toei Nuea, Pathum Wan, Bangkok
Number of units
252
Sales Prices
£63.9K - £99.3K
▼ -21% underpriced
Monthly Rentals
£342
Year Built
Dec 1983
Completion Status
Completed
Project Name
Park Ploenchit
Location
Khlong Toei Nuea, Pathum Wan, Bangkok
Number of units
162
Sales Prices
£140K - £213K
Monthly Rentals
£571 - £1.14K
Year Built
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Completion Status
Completed
Project Name
Witthayu Complex
Location
Makkasan, Pathum Wan, Bangkok
Number of units
378
Sales Prices
£91.1K - £445K
▼ -46% underpriced
Monthly Rentals
£377 - £1.26K
Year Built
Dec 1996
Completion Status
Completed
Project Name
Noble Ploenchit
Location
Lumphini, Pathum Wan, Bangkok
Number of units
1444
Sales Prices
£151K - £2.26M
▼ -4.4% underpriced
Monthly Rentals
£662 - £5.25K
Year Built
Dec 2016
Completion Status
Completed
Project Name
First Tower
Location
Khlong Toei Nuea, Pathum Wan, Bangkok
Number of units
208
Sales Prices
£105K - £194K
▼ -50% underpriced
Monthly Rentals
£913
Year Built
Dec 2002
Completion Status
Completed
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