Condo for Sale : Bangkok

[aqua4 2]

Hi,

 

The condo is located in Serene Place, Soi 24 in Bangkok. It's centrally located and is a few meters away from the Phrom Phong BTS station and Emporium shopping mall. Samitvej Hospital is less than 5 minutes away.

 

The condo's well-maintained pool provides a relaxing space for the residents during their free time. Other amenities of the condo include a sauna and a gym.

 

It's a 1 bedroom apartment at 49 SQM. Those who bought into the apartment block in 2007 are currently renting out the apartments for 45,000 Baht per month so it makes for an excellent investment at 9.5 million Baht.

 

If you are interested PM me, safe to say it is foreign owned.

 

 

The front of the building

 

 

 

The bedroom

 

 

View from the Balcony

 

 

Balcony size and Aircon unit

 

 

Swimming Pool

 

 

Bathroom

 

 

Kitchen

 

 

Benjasiri park within walking distance from the condo

 

[papillon 695]

You'd need to get at least 70K/month for it to be a worthwhile investment.

 

That tells me that this apartment is way over priced.

[Kev 178]

Just out of curiosity Pap how do you come to that figure ROI in 11.3 years or 8% pa ROI.

[Mescalito 19]

Approx. USD 300,000 for a 530 sq ft 1 bedroom apartment seems a bit steep to me, even in the heart of Bangkok. I can get a 2,500 sq ft house on a nice-sized lot in Utah for that. Of course, you can't find a bar for miles around, but that's another story.

[short 215]

Approx. USD 300,000 for a 530 sq ft 1 bedroom apartment seems a bit steep to me, even in the heart of Bangkok. I can get a 2,500 sq ft house on a nice-sized lot in Utah for that. Of course, you can't find a bar for miles around, but that's another story.

 

Mescalito you must be drinking again. I can get a 2,500 sq ft house for less than USD 200,000. Thats full brick with pool and more than 1/2 an acre. Why burn money when you don't have to.

[Obsession 571]

You can get a similar return in the uk and it would be a lot easier to rent out. Probably not in the capital though. Best to invest in the west and rent in los. imho