1 Bedroom Condo for sale at Notting Hill Sukhumvit - Praksa

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Thai Ban Mai, Mueang Samut Prakan,Samut Prakan
Unit ID: U1077712
6% Rental Yield
฿1,600,000
1 Bedroom
1 Bathroom
23 SqM Size
6 Floor
Jun 2018 Completed

About This Condo

This property is a 23 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Notting Hill Sukhumvit - Praksa project in Thai Ban Mai, Samut Prakan and was completed in Jun 2018. You can buy this condo for a base price of ฿1,600,000 (฿69,565/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 23 SqM
Price per SqM ฿69,565
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%.

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.
฿805/mo
Listed By
Private Owner
Date Listed Mar 30, 2022
Last Updated 7 months ago
Unit ID U1077712

Investment Opportunity: Charges & Yield

Sale Price
฿1,600,000
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.
฿805/mo
Est. Rent
฿7,570/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.
18
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 Notting Hill Sukhumvit - Praksa, and the current sales price.
6%

Project Details

Developer: Origin Property
Construction: Completed (Jun 2018)
Floors: 35
Buildings: N/A
Units: 980
Project Area: N/A
Nearest Landmark Srinagarindra BTS - 1 Km
Location: Mueang Samut Prakan, Samut Prakan
Notting Hill Sukhumvit - Praksa Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Notting Hill Sukhumvit - Praksa

For Sale 1 For Rent 2
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Available Units at Notting Hill Sukhumvit - Praksa
฿69,565
Beds 1 Beds
Baths 1 Baths
Size 23 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished City View
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Available Units at Notting Hill Sukhumvit - Praksa
-
Beds 1 Beds
Baths 1 Baths
Size 24 SqM Size
Floor 15 Floor
Fully Furnished City View
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Available Units at Notting Hill Sukhumvit - Praksa
-
Beds 1 Beds
Baths 1 Baths
Size 23.50 SqM Size
Floor 19 Floor
Fully Furnished City View
Get notified when new homes are being added to Notting Hill Sukhumvit - Praksa

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Frequently Asked Questions

No pets are allowed at Notting Hill Sukhumvit - Praksa 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 ฿35 per square meter based on the size of indoor area of the property and is ฿805 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.
Srinagarindra BTS is the nearest BTS Station from Notting Hill Sukhumvit - Praksa and it is 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 Notting Hill Sukhumvit - Praksa 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
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Price Rating : Great Price
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FazWaz Estimate : ฿179,999
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FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Samut Prakan
Thai Ban Mai

Neighborhood Overview

Location and Neighborhood

Street View

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