Want To Buy Condo For 1 Million

[Khun Jean]

1 for 10 Mb, 10 for 1Mb or 30 for 300K. I go for the cheap ones.

I rather every month collect 30 times one fiftieth to one hundreth of the purchase price then only 1 time one threehundreth of the purchasing price.

If a few of the 30 can not pay or are empty for a while the loss is substantially smaller then when losing 1 month on the expensive one.

A condo for investment is not the same as a condo for where you want to live in.

Just get out your calculator and when the roi is below 8% don't even bother with it, because one month empty and it will go to 6%. Not worth it.

I don't have 30 of them yet, working on it.

[TommoPhysicist]

KJ, you are my new hero, you really know what you are doing.

[davejones]

KJ - you have a nice little setup there. I'll look into it a little more.

[Fabaoguitar]

Hi guys i bought a condo at On Nut 46 60 sq 2 bedroom pool etc for 1200000 baht this was purchased 2 yrs ago, same price today with the au dollar the way it is i would have saved 23%
plently of places if one can manage to look around ,also picked up 1 bedroon 55 sq at Koh Samui for 1500000baht this is an off the plan development though
Hope this helps

Well, how are the prices today?

Here I found a 64sqm 1br condo On Nut for 1.59 million.

Is that a right price for that area now or its expensive?

Cheers!!!

[Khun Jean]

On nut area is very large. If it is very close to a BTS (less then 1 km) then that is a good price, if it is in good condition.

I always look at the building and ask to see the records. If the balance sheet shows very little reserve, or many non paying owners i do not even consider it because it will mean problems in the future. Imagine the elevator stops working or the swimming pool starts to get green.

The state of the condo itself is of less importance as it can be fixed. Do study the walls carefull for evidence of moisture. If there is moisture getting through i don't consider it anymore. That problem is often outside of the condo and often is a sign of building problem. It can be as simple as the neighbors plumbing leaking but often it is not.

As there are hundreds if not thousands of condos for sale just go look for another. Transportation in Bangkok is easy so looking a little more far away from the main roads can have much better condos for sale. A little less popular, but also a lot less pollution and noise. It all depends on what is important for you. I personally not even consider buildings that are on Sukhumvit, i refuse to live in a condo with windows constantly closed. I want to see trees.

I pay 11.000 baht a month for a 4 bedroom 120m2 condo. Sale price around 4Mb. Do the math.

Close to Phrakanong BTS.(< 1Km)

View from my desk:

Edited November 4, 2013 by Khun Jean

[crazykopite]

The en-suite in my master bedroom is 30 sq mtr and cost 800,000 baht !!!! you get what you pays for !!!!!!

[Fabaoguitar]

Hey.

Does anyone knows where I can find a loft.

Not an apartment loft, a open space (no walls) New Yorker style.

I was playing at a Gallery/Bar close to Saphan Taksin, right by the river, and thats the kind of place I want.

Unfortunately, no lofts to sell there.

If anyone knows where I can find this kind of place to buy, PLEASE let me know.

It doesn't matter if its not in the central area.

Here is the link with the picture of what I have in mind.

http://wealthre.blogspot.com/2013/04/loft-living-in-new-york.html

One love!!!

[rgs2001uk]

^^^^,

readily available all over Bkk, use your imagination, these aint load bearing walls, so buy 3 condos and knock the walls out.

Head to the farang ghetto of On Nut and you can get it together for about 1.2 million baht.

[channarong80]

I have a Condo for sale in BangNa Area Sumphawut Soi 2 on the seventh floor, 400 meters only far from BTS BangNa Station.

The Condo is 32 sqm without furniture. For any further information please contact me here. The price of the Condo is 1,0 M baht negotiable.

I'm looking for a good and serious broker in Bangkok who can help me to sell this Condo but It is impossible to find them here.

The Condo is in a good position, with separate kitchenette, but I must move to live in Chiang Mai so I need to sell it.

Any suggestion is apprechiated.

Thank you in advance

[channarong80]

I have a Condo for sale in BangNa Area Sumphawut Soi 2 on the seventh floor, 400 meters only far from BTS BangNa Station.

The Condo is 32 sqm without furniture. For any further information please contact me here. The price of the Condo is 1,0 M baht negotiable.

I'm looking for a good and serious broker in Bangkok who can help me to sell this Condo but It is impossible to find them here.

The Condo is in a good position, with separate kitchenette, but I must move to live in Chiang Mai so I need to sell it.

Any suggestion is apprechiated.

Thank you in advance

This Condo is still available.

I'm in Bangkok now and I can show the room.

The price is negotiable.

Please contact me for pics or any information.

Chanote Title Deeds document is very easy to do in Land District for foreigners too in Thailand.

email removed please PM

Thank you

Edited August 15, 2014 by Crossy

[RAZZELL]

Name of the condo building?

RAZZ

[channarong80]

Name of the condo building?

RAZZ

Condo Regent Home in Bangna called Regent Home VII, the extacly Location: Regent Home VII Sukhumvit Bangna sanpawut Soi2, easy access to BTS SkyTrain Udomsuk ( 400 meters only ).

Alex

[AsiaPropertyWorld]

We list thousands of condos for sale that are spread across Thailand and a good selection are priced below 1,000,000 http://asiapropertyworld.com

Please have a browse and use the "contact owner" button to send your inquiry straight the the owner or agent dealing with the sale.

[Senechal]

Well i bought 4 for 195k each recently in older building. All next to each other. 25m2 each. Still thinking about connecting them or not.

Area on nut.

Khun Jean, can you message me and tell me how you're finding these places?

[iancnx]

I have half a 46sqm studio in a 5* building in CM for 1 million. If you want the other half to go with it it will be 2 million!