Regent Home IV - Sukhumvit 85 (Listing # PL4347)
The Bangkok condo/apartment is located on Sukhumvit 85 in the On Nut, Upper Sukhumvit community of central Bangkok.
On Nut is a fast growing, wide open area which is becoming rapidly developed in the 2010s. Since the On Nut area is not considered prime Bangok real estate, the property prices for rent and sale are well below that of mid Sukhumvit. This means if you’re on a budget, you are more likely to find a new, modern luxury condominium or apartment in On Nut for the price you want. By no means does this mean living in On Nut is inconvenient. The On Nut BTS skytrain station allows you to easily reach any part of Sukhumvit in 10-15 minutes.
- Pipattana School
- Bang Na Commercial College 1.2 km (4 minutes by car)
- Berkeley International School
- Attawit School
- Amnauykanok Siri Anuson School
- Tesco Lotus (Sukhumvit soi 50)
- On Nut Square Bazaar (Sukhumvit soi 81)
Most foreigners use property agents when renting a condo in Bangkok. Using a real estate agency is of no cost to you and you can use the agent’s expertise in Bangkok real estate to find a perfect place and location. It is usually good to begin looking for a place a month before you intend to move in. This gives you plenty of time to see properties and allows you the chance to pay a booking fee (10-25% of the rental) if you see something you like. The booking fee will hold the condo/apartment until your move-in date and go towards your deposit and first month’s rent.
Moving into an apartment or condo requires a refundable security deposit equal to 2x your agreed monthly rent or in this case ฿36,000 THB (Thailand Baht) in addition to your 1st month’s rent of ฿18,000 which is due on the day you move in. Your total move-in costs for this Bangkok rental property will be ฿54,000. Your real estate agent will help you negotiate anything from rental price, included utilities, lease terms, special requirements etc. with the landlord and prepare your lease agreement which are usually in Thai and English languages.
Living Expenses & Paying Rent
Unless you are staying in a serviced residence, you will be responsible for paying your monthly utilities which will always include electricity and water. Most Bangkok renters also have internet and cable television. For most condominiums will have to setup the services under your name and pay directly to the service providers. In the case of apartments, you will likely have to make payment to the building which may have a set fee for water. Your real estate agent can help you set up your utilities. You can pay all utility bills at the cashier of any convenient store in Bangkok. Rent payment is usually made via cash deposit or bank transfer directly into the landlord’s account.
In order to get your ฿36,000 security deposit back you must not break any terms of your signed lease agreement. This includes giving the proper move-out notice if applicable, moving out of the property by the correct date and returning the property as you rented it, with no damage to the condo itself as well as the furniture (if rented fully furnished). If you break any terms of your lease the landlord will not refund your security deposit.. If you rented a condo you will likely get your security deposit back in cash from the landlord during the week you move out. However most apartment buildings will take at least 30 days to refund your security deposit via corporate check.