Fullerton - Sukhumvit 61 (Listing # PL10011)
Fullerton is a modern residential building which was completed in 2006. The condominium is located on Sukhumvit 61 in the Thonglor, Ekkamai, Mid Sukhumvit community of central Bangkok. For public transit, this Bangkok condo is located convenient to the Ekkamai BTS station. The skytrain is only 350 meters away so you can walk there in about 4 minutes.
The asking sale price for this Bangkok property is ฿54,000,000 THB (Thailand Baht) which equals ฿168,750 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.
The real estate which is considered Thonglor begins from parts of Sukhumvit soi 49 all the way to Ekkamai Sukhumvit soi 63 (Ekkamai) which is connected to Thonglor thorough Thonglor sois 10, 15 and 20. The properties on the even side of Sukhumvit Road around sois 34-38 all the way to Rama IV Road are also considered Thonglor real estate. This area tends to be less sought-after by expats because there isn’t much to do in this neighborhood as it is entirely residential homes which could be inconvenient for some expats who frequent Thonglor’s vast array of dining,shopping and nightlife venues..
- American School of Bangkok (Sukhumvit soi 49)
- City School (Sukhumvit soi 49/4)
- Wells International School (Sukhumvit soi 51)
- Bangkok Prep International School (Sukhumvit soi 53)
- Seeh Phinong International Kindergarten (Sukhumvit soi 55/17)
- Purple Elephant Toddler Center (Sukhumvit soi 55/1)
- Kobato International Kindergarten (Sukhumvit soi 38)
- Melodies International Kindergarten (Sukhumvit soi 38)
- J Avenue Boutique Shopping Mall (Thonglor soi 15)
- Arena 10 Sports Club (Thonglor soi 10)
- Thonglor Town Center (Thonglor soi 4)
- Racquet Club (Sukhumvit soi 49/9)
- Camillian Hospital (Thonglor soi 25)
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 ฿54,000,000 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.