Studio Condo for sale at Niche Mono Sukhumvit 50

4.5 (1 Review)
Phra Khanong, Khlong Toei,Bangkok
Unit ID: U34310
฿2,722,600 Great Price
Studio Bedroom
1 Bathroom
23.55 SqM Size
4 Floor
Dec 2018 Completed

About This Condo

This property is a 23.55 SqM studio condo with 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 ฿2,722,600 (฿115,609/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 4
Bedroom Studio
Size 23.55 SqM
Price per SqM ฿115,609
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%.

Foreign Quota, 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 STU
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.
฿942/mo
Listed By
Developer
Date Listed Oct 3, 2017
Last Updated 1 year ago
Unit ID U34310

Price Analysis

Great Price
Estimated market value ฿3,932,723
Great
฿3,460,000
Good
Fair
Above
฿4,740,000
Current asking Price: ฿2,722,600
This condo is ฿1,210,123 BELOW MARKET (-31%) 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
฿2,722,600
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.
฿942/mo

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: Khlong Toei, Bangkok
Niche Mono 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
Key card access Key card access
Solar Panels Solar Panels
Shuttle Bus Shuttle Bus

Popular Facilities at Niche Mono Sukhumvit 50

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

Available Units at Niche Mono Sukhumvit 50

For Sale 5 For Rent 4
Get notified when new homes are being added to Niche Mono Sukhumvit 50

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 ฿942 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.

 

Read more here

After you have found the right property at Niche Mono Sukhumvit 50 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Untitle
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
Down Payment
Upon contract signing
30%
Down Payment
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

4.5 out of 5 4.5
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
4.5 Rinrin Preaw, Thailand, 4 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

Neighborhood Overview

Location and Neighborhood

Street View

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