1 Bedroom Condo for sale at Mayfair Place Sukhumvit 50

(5 Reviews)
Phra Khanong, Khlong Toei,Bangkok
Unit ID: U41610
5% Rental Yield
1 Bedroom
1 Bathroom
34.99 SqM Size
16 Floor
Dec 2017 Completed

About This Condo

This property is a 34.99 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Mayfair Place Sukhumvit 50 project in Phra Khanong, Bangkok and was completed in Dec 2017. You can buy this condo for a base price of ฿5,320,000 (฿152,043/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Nov 28, 2017
Updated 3 years ago
Property Type Condo
Floor 16
Bedroom 1
Size 34.99 SqM
Price per SqM ฿152,043
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Foreign Quota, Company
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) N/A
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.
฿1,924/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U41610

Investment Opportunity: Charges & Yield

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.
฿1,924/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 Mayfair Place Sukhumvit 50, and the current sales price.
5%

Project Details

Developer: PTF Realty Co., Ltd
Construction: Completed (Dec 2017)
Floors: 17
Buildings: 3
Units: 356
Project Area: 5,488 SqM
Nearest Landmark On Nut BTS - 0.7 Km
Location: Phra Khanong, Bangkok
Mayfair Place Sukhumvit 50 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Mayfair Place Sukhumvit 50

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Reception / Lobby Area
    Ground Floor
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Frequently Asked Questions

No pets are allowed at Mayfair Place 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 ฿55 per square meter based on the size of indoor area of the property and is ฿1,924 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 Mayfair Place 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 Mayfair Place Sukhumvit 50 and it is 0.7 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 Mayfair Place Sukhumvit 50 you have to follow these steps:

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

 


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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A modern condo with a smart home automation system
Donella Borland, Italy, 3 years ago
Beautiful design condo, modern, and complete with facilities, every unit offers the Bangkok city view beautifully. The room has home automation or known as a smart home system, facilitating the residents perfectly. There is also a shuttle bus service every 30 minutes. In front of the project, there are many restaurants you can choose from, very convenient! Only 750 meters or 10 minutes close to the On Nut BTS station. What I hate is the traffic, it's really bad in the morning and the afternoon. It's not recommended to use private cars.
Fashionable and respond to needs.
Edwina Allbright, United Kingdom, 4 years ago
Moving in Thailand for two years, The condominium is fantastic. Suppose anyone likes a condo decoration in a luxury style. You can feel the aura of luxury, and there are a variety of room types. We can choose as we prefer. What I like is the Smart Home Function System that makes everything look easier at my fingertips. Then, a good environment. The management system within the condominium is very nice, perfectly responds to all needs, and the project near Onnuch BTS is easy to go anywhere. The project also has a free shuttle service to Onnuch BTS, or travel by private car is also very convenient. There are places nearby where we can go to facilities such as markets, shopping malls, hospitals, and restaurants. The project service has covered my needs a lot, swimming pool, fitness, excellent safety.
Nice room, good materials more than expect
Kanokwan P., Thailand, 4 years ago
If talking about this project, I did research a lot before deciding to book. Because of the feedback of old projects under the same developer, get many poor comments. It's complaining about contractors, quality of materials that are low standard. When I went to inspect the showroom, I found that those issues have already been improved and fixed. The decoration materials inside the room are suitable for the selling price. The room's size is 34.89 sq.m., even the ceiling is also high, which is perfect. The room we inspected was more spacious than expected compared to other projects, in which the unit area of 1 Bedroom is only 27-28 sq.m. There is a lot of space in the room. Besides, the project provides a closed-kitchen, with creating a private place for you to cook and avoid smelly when cooking. As for the project nearby, there are various restaurants, also near On Nut BTS Station, 10 minutes walk or even you can ride a bike. However, all facilities are situated in another building, which I think will be the issue when residents want to use it.
Excellent smart home system
Arena Bedwell, 4 years ago
The project here offers a Smart Home system. I can check and control everything on my mobile phone no matter where I am. The design is very elegant and gives a sense of European style. The building is 17 stories high. Common areas are well-maintained with a large swimming pool and very modern fitness equipment. This condo is located in the middle of the city near OnNut BTS station, and public cars are running to various places the whole day, convenient and fast. Unluckily, the staff is quite unfriendly.
Beautiful Condo near the Mall
Afton Witzke, United States, 4 years ago
I like the design and decoration of the condo because it looks luxurious and modern. Besides, the project cares about every small decoration detail. The interior has a spacious space. Moreover, there is a rooftop garden where residents can relax and commune with the city's atmosphere. I do not recommend having relaxation in the rooftop area in the daytime because it has no roof provided, and it is quite hot. At the same time, it is better to sit in the evening or at night. Overall, the systems of this condo are good in both space and facilities. That's why I bought this condo because it is worth it.
Bangkok
Phra Khanong

Neighborhood Overview

Location and Neighborhood

Street View

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