1 Bedroom Condo for sale at The 49 Plus 2

(1 Review)
Khlong Tan Nuea, Watthana,Bangkok
Unit ID: U39992
7% Rental Yield
1 Bedroom
1 Bathroom
54 SqM Size
5 Floor
Dec 2004 Completed

About This Condo

This property is a 54 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The 49 Plus 2 project in Khlong Tan Nuea, Bangkok and was completed in Dec 2004. You can buy this condo for a base price of ฿5,950,000 (฿110,185/SqM) and it is also available for long term rentals starting from ฿35,000 per month.

Basic Information

Date Listed Nov 15, 2017
Updated 3 years ago
Property Type Condo
Floor 5
Bedroom 1
Size 54 SqM
Price per SqM ฿110,185
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%.

N/A
Furniture
Unfurnished
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.
฿1,890/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U39992

Price Analysis

Great Price
Estimated market value ฿6,651,254
Great
฿4,780,000
Good
Fair
Above
฿9,790,000
Current asking Price: ฿5,950,000 | Advertised rental rate: ฿35,000/mo
This condo is ฿701,254 BELOW MARKET (-11%) 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

Sale Price
฿5,950,000
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.
฿1,890/mo
Rent
฿35,000/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.
14
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Project Name: The 49 Plus 2
Construction: Completed (Dec 2004)
Floors: 8
Buildings: 1
Units: 63
Project Area: 1,536 SqM
Nearest Landmark Thong Lo BTS - 0.7 Km
Location: Khlong Tan Nuea, Bangkok
The 49 Plus 2 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
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators

Popular Facilities at The 49 Plus 2

  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop
  • Reception / Lobby Area
    Ground Floor

Available Units at The 49 Plus 2

For Sale 9 For Rent 15
Get notified when new homes are being added to The 49 Plus 2
View All (9)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The 49 Plus 2 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 ฿1,890 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.
Thong Lo BTS is the nearest BTS Station from The 49 Plus 2 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 The 49 Plus 2 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

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
My ideal condo
Ryan T., Australia, 5 years ago
I was very impressed with the project's surrounding atmosphere since it was a peaceful project. And The room I rented has 2 bedrooms with a spacious living area that is perfect for my lifestyle. Also, the room design is modern and secure. The neighbors are lovely and friendly. As for the project facilities, it includes the swimming pool, garden, and a modern sauna room which is perfectly used. Besides, it is easily accessible because it is close to the Thong Lo BTS station and other amenities. It is considered a worthy investment project ever.
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The 49 Plus 2

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
Khlong Tan Nuea, Watthana, Bangkok
Number of units
88
Sales Prices
฿4.2M
Monthly Rentals
฿17K - ฿45.1K
Year Built
Dec 2012
Completion Status
Completed
Project Name
Via 49
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
85
Sales Prices
฿6.12M - ฿14.5M
▼ -8% underpriced
Monthly Rentals
฿20.1K - ฿55.2K
Year Built
Dec 2012
Completion Status
Completed
Project Name
The Prestige 49
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
59
Sales Prices
฿11.9M
Monthly Rentals
฿55.2K - ฿60.2K
Year Built
Jan 1991
Completion Status
Completed
Project Name
49 Suite
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
56
Sales Prices
฿6.74M - ฿6.87M
Monthly Rentals
฿16K - ฿35.1K
Year Built
Dec 1995
Completion Status
Completed
Project Name
49 Plus
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
77
Sales Prices
฿5.62M - ฿8.52M
▼ -5% underpriced
Monthly Rentals
฿20.1K - ฿75.2K
Year Built
Dec 2004
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
122
Sales Prices
฿8.89M - ฿31.7M
▲ 10.7% overpriced
Monthly Rentals
฿38.1K - ฿90.3K
Year Built
Mar 2020
Completion Status
Completed
Project Name
Raintree Villa
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
150
Sales Prices
฿3M - ฿12.7M
▼ -29% underpriced
Monthly Rentals
฿13.5K - ฿125K
Year Built
Jan 1997
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
198
Sales Prices
฿15M - ฿22.1M
▲ 24% overpriced
Monthly Rentals
฿30.1K - ฿65.2K
Year Built
Dec 1996
Completion Status
Completed
Project Name
Liv At 49
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
183
Sales Prices
฿5.82M - ฿21.9M
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Monthly Rentals
฿25.1K - ฿80.2K
Year Built
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Completion Status
Completed
Project Name
Via Botani
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
137
Sales Prices
฿4.81M - ฿24.1M
▼ -4.7% underpriced
Monthly Rentals
฿18.1K - ฿65.2K
Year Built
Jan 2012
Completion Status
Completed
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