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    1 Bedroom Condo for sale at Niche Mono Sukhumvit 50
    Phra Khanong, Khlong Toei,Bangkok
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    Sale Price
    ฿3,080,000
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    1 Bedroom Condo for sale at Niche Mono Sukhumvit 50
    (1 Review)
    Unit ID: U1399820
    5% Rental Yield
    Phra Khanong, Khlong Toei,Bangkok
    ฿3,080,000
    1 Bedroom
    1
    Bathroom
    31 SqM
    Size
    2
    Floor
    Dec 2018
    Completed
    15
    Sale Price
    ฿3,080,000

    About This Condo

    This property is a 31 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Phra Khanong, Bangkok and was completed in Dec 2018. You can buy this condo for a base price of ฿3,080,000 (฿99,355/SqM).

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Apr 26, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 2
    Bedroom 1
    Size 31 SqM
    Price per SqM ฿99,355
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

    Thai Quota
    Furniture
    A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
    Fully Furnished
    View(s) City View
    Unit Type N/A
    Building N/A
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    ฿1,240/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1399820

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿3,080,000
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    ฿1,240/mo
    Price-to-Rent Ratio
    The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
    20
    Rental Yield
    This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Niche Mono Sukhumvit 50, and the current sales price.
    5%

    Project Details

    Project Name: Niche Mono Sukhumvit 50
    Developer: Sena Development
    Construction: Completed (Dec 2018)
    Floors: 8
    Buildings: 2
    Units: 434
    Project Area: 5,715 SqM
    Nearest Landmark On Nut BTS - 1.2 Km
    Location: Phra Khanong, Bangkok
    Niche Mono Sukhumvit 50 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Library / Reading Room Library / Reading Room
    Communal Garden Area Communal Garden Area
    Key card access Key card access
    Solar Panels Solar Panels
    Shuttle Bus Shuttle Bus

    Popular Facilities at Niche Mono Sukhumvit 50

    • All
    • Fitness
    • Leisure
    • Convenience
    4
    • Communal Pool
      1st Floor
    • Reception / Lobby Area
      1st Floor
    • Communal Gym
      1st Floor

    Available Units at Niche Mono Sukhumvit 50

    For Sale 6 For Rent 5
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Niche Mono Sukhumvit 50
    View All (6)

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    Frequently Asked Questions

    No pets are allowed at Niche Mono Sukhumvit 50 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is ฿40 per square meter based on the size of indoor area of the property and is ฿1,240 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Niche Mono Sukhumvit 50 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
    On Nut BTS is the nearest BTS Station from Niche Mono Sukhumvit 50 and it is 1.2 km away.

    Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

    In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

    This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

     

    Read more here

    After you have found the right property at Niche Mono Sukhumvit 50 you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Untitle
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿50,000
    Down Payment
    Upon contract signing
    30%
    Down Payment
    On handover
    70%

    Read more here

    Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

    Read more here

    Reviews

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A luxurious condo in the central city
    Rinrin Preaw, Thailand, 6 years ago
    I've been renting this condo for almost a year. It perfectly matches my needs since it provides convenient access. The location is also close to On Nut BTS, and there is a motorcycle taxi and other services of transport options, which are easily accessible to everywhere, especially Bangkok. Apart from transportation, the surrounding area is densely packed with many restaurants, convenience stores, and Tesco Lotus, which is very convenient. The rooms here are varied, ranging from studio to two-bedroom units, but I rented a 1 bedroom unit, fully furnished, very impressive. Interestingly, the facilities are comprehensive, including the expansive clubhouse, swimming pool, gym, garden, and shuttle bus service from the project to On Nut BTS, which is considered special privileges from the project. This condo is considered convenient and complete all in one place.
    Bangkok
    Phra Khanong

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby Niche Mono Sukhumvit 50

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