1 Bedroom Condo for sale at Niche Mono Charoen Nakorn

(1 Review)
Dao Khanong, Thon Buri,Bangkok
Unit ID: U277415
5% Rental Yield
1 Bedroom
1 Bathroom
34.90 SqM Size
8 Floor
Dec 2020 Completed

About This Condo

This property is a 34.90 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Niche Mono Charoen Nakorn project in Dao Khanong, Bangkok and was completed in Dec 2020. You can buy this condo for a base price of ฿3,257,000 (฿93,324/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jan 16, 2020
Updated 4 years ago
Property Type Condo
Floor 8
Bedroom 1
Size 34.90 SqM
Price per SqM ฿93,324
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
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.
฿1,745/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U277415

Price Analysis

Great Price
Estimated market value ฿3,760,666
Great
฿3,700,000
Good
Fair
Above
฿3,800,000
Current asking Price: ฿3,257,000 | Rental estimate: ฿14,400/mo
This condo is ฿503,666 BELOW MARKET (-13%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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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.
฿1,745/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.
19
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 Charoen Nakorn, and the current sales price.
5%

Project Details

Developer: Sena Development
Construction: Completed (Dec 2020)
Floors: 36
Buildings: 1
Units: 537
Project Area: 5,546 SqM
Nearest Landmark Talat Phlu BTS - 2.1 Km
Location: Dao Khanong, Bangkok
Niche Mono Charoen Nakorn Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area
Library / Reading Room Library / Reading Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Niche Mono Charoen Nakorn

  • Reception / Lobby Area
    1st Floor
  • Indoor Kids Zone
    6th Floor
  • Communal Garden Area
    32nd Floor
  • Communal Pool
    34th Floor
  • Communal Gym
    35th Floor
  • Lounge
    36th Floor
  • Co-Working Space / Meeting Room
    36th Floor
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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at Niche Mono Charoen Nakorn 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,745 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 Charoen Nakorn the required payment for the sinking fund is ฿700 per square meter based on the size of the indoor area of the property.
Talat Phlu BTS is the nearest BTS Station from Niche Mono Charoen Nakorn and it is 2.1 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 Charoen Nakorn you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
30%
2nd Installment
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

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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is a condo with complete facilities.
Scott L., Netherlands, 3 years ago
I bought a room here to rent out for a profit, which I am confident is a great choice because it is a project with many outstanding features. The first thing is that there are so many facilities that I'm not sure if anyone has used all of them. Also, it has a lot, but it also fulfills people of all genders and ages. The second thing is parking, there are 90% parking spaces available, and a shuttle service is available even if you park your car at Sena Fest. Aside from that, another highlight is privacy because the hallway is a single corridor. Besides, the room I purchased is a one-bedroom. Plus, the 25th floor overlooks a panoramic river view. However, there would only be one issue: public transportation because BTS station is so far away, if you want to go to the BTS station, you must use the shuttle van service, which has only two cars. If many people are using it during rush hour, you might have to wait a little longer.
Bangkok
Dao Khanong

Neighborhood Overview

Location and Neighborhood

Street View

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