Urbana Langsuan - Lang Suan Road (Listing # PL5685)
The condominium is located on Lang Suan Road in the Chidlom, Langsuan community of central Bangkok. The Urbana Langsuan building is conveniently located just 500 meters to the Chit Lom BTS Skytrain station which amounts to about a 6 minute walk. The asking sale price for this Bangkok property is ฿12,900,000THB (Thailand Baht) which equals ฿129,000 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 most exclusive areas of Chidlom real estate are those of Langsuan Road (Lang Suan) which runs one-way, north from Rama I to Lumpini Park and Soi Somkit which runs south all the way to Petchaburi Road. Both roads area lined with trees and have greenery throughout making them choice for those looking for sanctuary in the middle of busy Bangkok. There are far more apartments in Chidlom than condos. Langsuan has only 6 condos (as of 2014) so finding an condo or apartment rental is a lot easier than trying to buy a property anywhere near the Chit Lom BTS.
- RC International School (Ruamrudee soi 1)
- Mullberryhouse International Preschool (Soi Tonson)
- Phloenchit International Kindergarten (Sukhumvit soi 4)
- Topsy Turvy International School (Sukhumvit soi 4)
- British School of Bangkok (Sukhumvit soi 4)
- Webster Univeristy (Phloenchit Road)
- Mater Dei School (Phloenchit Road)
- Central Chidlom (Rama I Rd.)
- Siam Paragon (Rama I Rd.)
- Siam Center (Rama I Rd.)
- Pantip Plaza IT Mall (Pratunam)
- Platinum Fashion Mall (Pratunam)
- Central World Shopping Mall (Rajprasong)
- MBK Shopping Center (Rama I Rd.)
- Lumpini Park (Ratchadamri 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 ฿129,000,000 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, holding the property and allowing you the time to prepare the consequent funds transfers.
Make sure you have your finances in order before viewing condos for sale. It is often difficult for foreigners to get financing for purchasing Thai properties. 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 money located in Thailand.