Invest In Thailand Asia For Real Investment Growth Bangkok Thailand Rest of the world property for sale

Invest In Thailand Asia For Real Investment Growth (£58,800)

Date posted: Thursday 26th November

Location: Bangkok Thailand

LOCATION IS EVERYTHING......
1 BED FREEHOLD CONDOMINIUM FOR SALE IN BANGKOK'S TRENDIEST RESIDENTIAL AREA.
REDUCED FOR QUICK SALE TO THB 3.3M (Approx. €66,000 or STG£58,800)
This superb `foreign quota` Freehold 37m one bedroom condo is in the heart of Bangkok`s trendiest neighbourhood, with the added advantage of being situated in a quiet residential dead-end street, a short walk from the clean efficient SkyTrain public transport, and the upmarket boutiques, eateries and shops of Thonglor. The area is one of the City`s most popular residential locations for wealthy Thai's and letting locations for ex-pat`s seconded to Bangkok. This is the equivalent of buying in Kensington London or Ballsbridge Dublin, at an extraordinarily low cost. Rental yield in Bangkok is in the region of 6% p.a.- 8% p.a. but its the Capital appreciation over the next couple of years which is the big attraction. Thailand has no Capital Gains Tax and low ongoing taxes. Bangkok a city with a population of in excess of 10m has some of the cheapest high end residential property in South East Asia, and offers great potential for capital appreciation in the medium term. To purchase you pay direct to the developer (a PLC listed on the Thai Stockmarket) approx. 35% on signing the contract; with the remainder in Jan/Feb., 2010 on formal transfer of ownership. The project is a two tower development. The 14 storey tower A is fully complete with owner registration due to take place in December, 2009. The 27 storey Tower B is on target for completion by end December, 2009 with owner registration in the first few months of 2010. The price includes built in kitchen (excluding appliances); floor tiling/laminate wood finish throughout; quality bathroom suite; air conditioners; paint finsh etc. This is a high floor unit in the 27 storey Tower B with exceptional uninterupted views of the city skyline. A fitout and letting service is available. The project includes swimming pool, gym, parking, 24 hour security, laundry service etc. Contact us for more information about this exceptional investment opportunity.