1 Bedroom Condo for sale at Niche Mono Sukhumvit 50

(1 Review)

Phra Khanong, Khlong Toei,Bangkok

Unit ID: U34312

5% Rental Yield

1 Bedroom

1 Bathroom

28 SqM Size

8 Floor

Dec 2018 Completed

(1 Review)

Sale Price

Sold

Great Price

About This Condo

This property is a 28 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Niche Mono Sukhumvit 50 project in Phra Khanong, Bangkok and was completed in Dec 2018. You can buy this condo for a base price of ฿3,074,211 (฿109,793/SqM).

Features

Balcony

Basic Information

Date Listed Oct 3, 2017

Updated 3 years ago

Property Type Condo

Floor 8

Bedroom 1

Size 28 SqM

Price per SqM ฿109,793

Pets Not Allowed

Condo Ownership

Foreign Quota, Thai Quota

Furniture

Fully Furnished

View(s) N/A

Unit Type 1BR

Building N/A

CAM Fee

฿1,120/mo

Listed By

Developer

Electricity Price N/A

Water Price N/A

Unit ID U34312

Price Analysis

Great Price

Estimated market value ฿5,507,764

Great

Good

Fair

Above

Current asking Price: ฿3,074,211 | Rental estimate: ฿12,300/mo

This condo is ฿2,433,553 BELOW MARKET (-44%) 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.

Investment Opportunity: Charges & Yield

CAM Fee

฿1,120/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: Niche Mono Sukhumvit 50

Developer: Sena Development

Construction: Completed (Dec 2018)

Floors: 8

Buildings: 2

Units: 434

Project Area: 5,715 SqM

Nearest Landmark On Nut BTS - 1.2 Km

Location: Phra Khanong, Bangkok

Niche Mono Sukhumvit 50 Project Details

Project Features

Communal Pool

Communal Gym

Clubhouse

24H Security

CCTV (Video Surveillance)

Car Parking

Reception / Lobby Area

Library / Reading Room

Communal Garden Area

Key card access

Solar Panels

Shuttle Bus

Popular Facilities at Niche Mono Sukhumvit 50

Communal Pool

1st Floor
Reception / Lobby Area

1st Floor
Communal Gym

1st Floor

YOU MISSED THAT DEAL!

This condo was reserved by another buyer but check out these similar properties

Available Units at Niche Mono Sukhumvit 50

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Thai Quota Fully Furnished Pool View

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Loan Calculator

Payment Plan

Untitle

Installment Milestone Payment

Reservation Deposit

Immediately

฿50,000

Down Payment

Upon contract signing

30%

Down Payment

On handover

70%

Frequently Asked Questions

No pets are allowed at Niche Mono 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 ฿40 per square meter based on the size of indoor area of the property and is ฿1,120 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 Sukhumvit 50 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.

On Nut BTS is the nearest BTS Station from Niche Mono Sukhumvit 50 and it is 1.2 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.

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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

A luxurious condo in the central city

Rinrin Preaw, Thailand, 5 years ago

I've been renting this condo for almost a year. It perfectly matches my needs since it provides convenient access. The location is also close to On Nut BTS, and there is a motorcycle taxi and other services of transport options, which are easily accessible to everywhere, especially Bangkok. Apart from transportation, the surrounding area is densely packed with many restaurants, convenience stores, and Tesco Lotus, which is very convenient. The rooms here are varied, ranging from studio to two-bedroom units, but I rented a 1 bedroom unit, fully furnished, very impressive. Interestingly, the facilities are comprehensive, including the expansive clubhouse, swimming pool, gym, garden, and shuttle bus service from the project to On Nut BTS, which is considered special privileges from the project. This condo is considered convenient and complete all in one place.

Bangkok

Phra Khanong