11.12.2012

A Sansiri Condo in Bangkok at any price!

Occasionally you find a Bangkok Condo Sale at a seriously good price, so good that even you yourself know it is a bargain and therefore must be bought. This is just one of those occasions when you do not need an agent bleating on in your ear, you can see right away that for the size, location, quality, brand name it is an absolute bargain, being offered at Onnut prices! 

Rooftop Pool
It is found in a street between Nana and Asok, at a very quiet end of the street so no traffic, bar or life noises. OK, it is not a high floor place so you are not going to enjoy great views, but you are going to get 58sqm of renovated and redecorated first class condominium space with new furniture and AC, all worth a few hundred Thousand Baht in itself.

On top of all this, it is a Sansiri development, so even though it is now about 8 years old it looks as good as most other Bangkok condo developments that are 2 years old. The superior condo management assigned by Sansiri assures their buildings always remain in superb order. The common areas, courtyards and such like here are first class.

In terms of common area facilities we have a rooftop pool and gym, top security and management office, parking, lobbies, courtyard areas and elevators of course. So we have a high end brand name 1 bedroom condo of 58sqm in the heart of Sukhumvit where prices are often around 80 – 100K per sqm. But here we are asking just 4.2m so 72K per sqm, estimated to be around 10% below true value, and the owner WILL take offers!


Living room new Sofa
If you are serious about buying you need to come and be serious about places like this, as buying new in Bangkok now only loses capital in devaluation over the years. Buying second hand is best now as places have already done their depreciating, as this place has. Bangkok Condo Rental income would likely be around 5.5 – 6% NET and this would be a true net figure not a pre-costs figure all agents and developers give you.

Don’t wait and lose out. This is the place to buy!