Ideo Mix - Sukhumvit 103 (Listing # PL10204)
Ideo Mix is a modern residential building which was newly completed in 2010. The condominium is located on Sukhumvit 103 in the Bang Na, Upper Sukhumvit community of central Bangkok. For public transit, this Bangkok condo is located convenient to the Udom Suk BTS station. The skytrain is only 131 meters away so you can walk there in about 2 minutes.
The asking sale price for this Bangkok property is ฿15,300,000 THB (Thailand Baht) which equals ฿493,548 per square meter. As a buyer you will be responsible for a portion of the transfer fee, which may or may not be included in the asking price, please ask your Bangkok real estate agent before you view.
With the addition of the new BTS stations Punnawithi, Udom Suk, Bang Na and Bearing, the future is bright for upper Sukhumvit. The area around each skytrain station is soon to be the home for new, modern condominium and apartments. Since the area is considered sub-prime, expats on a budget are likely to find properties at very affordable prices for rent in Upper Sukhumvit as the BTS allows quick and easy transport to more central Bangkok..
- Wells International American School (Sukhuvmit soi 85)
- St. Andrews International School (Sukhumvit soi 107)
- Pipattana School
- Bang Na Commercial College
- Berkeley International School
- Attawit School
- Amnauykok Siri Anuson School
- Kluai Nam Thai 2 Hospital
- Mega Bang Na (Bang Na-Trad Rd.)
- IKEA Thailand (Bang Na-Trad Rd.)
There are fees associated with condo purchase that vary slightly but are pretty straight forward. In addition to the sale price which in this case is ฿15,300,000 the buyer is responsible for part (usually 50%) of the 2% transfer fee. The transfer fee is not based on the actual sale price, but the appraisal price from the land department. The seller is responsible for business tax, stamp duty and withholding tax. Along with the sale price, taxes and fees are somewhat negotiable. If you find a property you like, the purchase process usually begins by making a booking deposit along with preparing the sales contract, this holds the property and allowing you the time to prepare and execute the consequent funds transfers before the closing date determined in your contract.
Financing Your Bangkok Real Estate Purchase
Make sure you have your finances in order before viewing condos for sale. It is often difficult for foreigners to get financing for purchasing property in Thailand. If buying a property under your name with cash you must transfer the money into Thailand from a foreign bank. If you have a longstanding Thai corporation you can also purchase property using funds located in a Thailand bank account. If you are a first time Thailand real estate buyer it is best practice to hire an attorney who is well versed in Thai real estate laww.