1 Bedroom Condo for sale at Niche Mono Ratchavipha

(1 Review)
Wong Sawang, Bang Sue,Bangkok
Unit ID: U1940480
12% Rental Yield
1 Bedroom
1 Bathroom
34.60 SqM Size
18 Floor
Dec 2016 Completed

About This Condo

This property is a 34.60 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Niche Mono Ratchavipha project in Wong Sawang, Bangkok and was completed in Dec 2016. You can buy this condo for a base price of ฿2,699,000 (฿78,006/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Sep 27, 2024
Updated 1 year ago
Property Type Condo
Floor 18
Bedroom 1
Size 34.60 SqM
Price per SqM ฿78,006
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) Skyline View, City View, Unblocked Open 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.
฿1,349/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1940480

Investment Opportunity: Charges & Yield

Sale Price
฿2,699,000
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.
฿1,349/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.
8
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 Ratchavipha, and the current sales price.
12%

Project Details

Project Name: Niche Mono Ratchavipha
Developer: Sena Development
Construction: Completed (Dec 2016)
Floors: 27
Buildings: 2
Units: 840
Project Area: 10,108 SqM
Nearest Landmark: Wong Sawang MRT - 1.3 Km
Location: Wong Sawang, Bangkok
Niche Mono Ratchavipha 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
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Outdoor Putting Green Outdoor Putting Green
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access
Shuttle Bus Shuttle Bus

Popular Facilities at Niche Mono Ratchavipha

  • Communal Gym
    4th Floor
  • Communal Pool
    4th Floor
  • Communal Garden Area
    4th Floor
  • Co-Working Space / Meeting Room
    1st Floor
  • Reception / Lobby Area
    1st Floor

Available Units at Niche Mono Ratchavipha

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Frequently Asked Questions

No pets are allowed at Niche Mono Ratchavipha 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 ฿39 per square meter based on the size of indoor area of the property and is ฿1,349 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 Ratchavipha the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Wong Sawang MRT is the nearest MRT Station from Niche Mono Ratchavipha and it is 1.3 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.

After you have found the right property at Niche Mono Ratchavipha 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
฿5,000
1st Installment
Down payment
฿5,000
2nd Installment
On handover
100%

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.

Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
The convenient condo at a friendly price
Christina Black, United States, 8 years ago
If you're looking for a place to stay at a low cost, I highly recommend it here since the monthly rental price is reasonable. The project is also brand new. It ensures that you will be well-protected. For non-residents, the exchange of in-out tickets is rigorous. Besides, there is a swimming pool, a fitness center, and a garden with lush green trees spread across 2-rai of the common area. As the unit area of each room is not very large, it is only perfect for living 1-2 people. Although the setting is quite far from tourist attractions, the MRT and BTS stations are nearby, providing easy access everywhere. The only weakness here is its location as it is right next to the main road, it will bother sometimes.
Bangkok
Wong Sawang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Niche Mono Ratchavipha

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
N/A
Sales Prices
฿9.9M - ฿23M
Monthly Rentals
฿85K
Year Built
Apr 2003
Completion Status
Completed
Project Name
Piboon Condoville
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
N/A
Sales Prices
฿700K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
714
Sales Prices
฿1.98M - ฿4.65M
▼ -33% underpriced
Monthly Rentals
฿9K - ฿25K
Year Built
Dec 2009
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
N/A
Sales Prices
฿800K - ฿850K
Monthly Rentals
N/A
Year Built
Oct 2007
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
745
Sales Prices
฿1.88M - ฿4.48M
Monthly Rentals
฿10K - ฿16K
Year Built
Jan 2013
Completion Status
Completed
Project Name
Baan Suan Tipco
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
50
Sales Prices
฿4.4M
▼ -28% underpriced
Monthly Rentals
N/A
Year Built
Jul 2009
Completion Status
Completed
Location
Lat Yao, Bang Sue, Bangkok
Number of units
N/A
Sales Prices
฿6.5M - ฿7M
Monthly Rentals
N/A
Year Built
Aug 1990
Completion Status
Completed
Location
Chatuchak, Bang Sue, Bangkok
Number of units
1031
Sales Prices
฿1.1M - ฿1.29M
Monthly Rentals
N/A
Year Built
Jun 2009
Completion Status
Completed
Location
Wong Sawang, Bang Sue, Bangkok
Number of units
1320
Sales Prices
฿1.86M - ฿8.3M
▼ -8% underpriced
Monthly Rentals
฿9K - ฿28K
Year Built
Dec 2017
Completion Status
Completed
Location
Lat Yao, Bang Sue, Bangkok
Number of units
6
Sales Prices
฿29.9M - ฿39.9M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
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