1 Bedroom Condo for sale at Serio Sukhumvit 50

(1 Review)
Phra Khanong, Khlong Toei,Bangkok
Unit ID: U155933
5% Rental Yield
1 Bedroom
1 Bathroom
31.70 SqM Size
7 Floor
Nov 2018 Completed

About This Condo

This property is a 31.70 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Serio Sukhumvit 50 project in Phra Khanong, Bangkok and was completed in Nov 2018. You can buy this condo for a base price of ฿4,124,341 (฿130,105/SqM).

Score a Steal in Bangkok - Gonna Move Fast at Only ฿4,124,341

Ya'll better get ready to move – 'cause this place is hot property! Looking to score a real deal in Bangkok? Here's a sound investment! This condo is the perfect package and it's gettin' snatched up quickly. It's 31.70 square meters with just one bedroom and one bathroom, so it's a cinch to take care of. Plus it's part of the ultra-modern Serio Sukhumvit 50 project in Phra Khanong. It's a pretty fresh pad, so don't sweat it – construction finished up in November 2018. And here's the real deal: It's gettin' sold for a base price of ฿4,124,341 (฿130,105/SqM). That's a steal for its modern amenities and prime location. Don't wait – or you might miss out on this primo property! Time to enquire!

Features

Garden AccessGarden Access Covered ParkingCovered Parking BalconyBalcony Fully RenovatedFully Renovated Renovated KitchenRenovated Kitchen Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Mar 21, 2019
Updated 3 years ago
Property Type Condo
Floor 7
Bedroom 1
Size 31.70 SqM
Price per SqM ฿130,105
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%.

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.
฿1,744/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 U155933

Price Analysis

Great Price
Estimated market value ฿5,249,498
Great
฿4,300,000
Good
Fair
Above
฿4,590,000
Current asking Price: ฿4,124,341 | Rental estimate: ฿16,800/mo
This condo is ฿1,125,157 BELOW MARKET (-21%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿4,124,341
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.
฿1,744/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 Serio Sukhumvit 50, and the current sales price.
5%

Project Details

Project Name: Serio Sukhumvit 50
Construction: Completed (Nov 2018)
Floors: 8
Buildings: 3
Units: 154
Project Area: 2,424 SqM
Nearest Landmark On Nut BTS - 0.4 Km
Location: Phra Khanong, Bangkok
Serio 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
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Serio Sukhumvit 50

  • Communal Pool
    Ground Floor
  • Communal Gym
    1st Floor
  • Reception / Lobby Area
    Ground Floor

Available Units at Serio Sukhumvit 50

For Sale 2 For Rent 6
Get notified when new homes are being added to Serio Sukhumvit 50
View All (2)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿40,000
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at Serio 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 ฿1,744 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 Serio Sukhumvit 50 the required payment for the sinking fund is ฿550 per square meter based on the size of the indoor area of the property.
On Nut BTS is the nearest BTS Station from Serio Sukhumvit 50 and it is 0.4 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 Serio Sukhumvit 50 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
฿40,000
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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Fully furnished condo with a beautiful interior design
Jude L., France, 3 years ago
After many years of renting an apartment, I decided to buy a 1-bedroom unit in this project because it comes fully furnished, built-in, and loose furniture. All colors, patterns, and materials are in balance. It saved me a lot of time to decorate the room by myself. There is a private atmosphere because only a few units are on each floor. The neighbors are super friendly. Moreover, I am also very impressed with the security system, common facilities, and convenient location. It is close to On Nut BTS, expressways, and many amenities.
Bangkok
Phra Khanong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Serio Sukhumvit 50

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Project Name
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Location
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Number of units
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Number of units
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Year Built
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Location
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Number of units
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Year Built
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Location
Phra Khanong, Khlong Toei, Bangkok
Number of units
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