Unit ID: U1370462
6% Rental Yield
Phra Khanong Nuea, Watthana,Bangkok
฿2,690,000
1 Bedroom
1
Bathroom
28 SqM
Size
2
Floor
Jan 2019
Completed

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 project in Phra Khanong Nuea, Bangkok and was completed in Jan 2019. You can buy this condo for a base price of ฿2,690,000 (฿96,071/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Jan 23, 2023
Updated 5 months ago
Property Type Condo
Floor 2
Bedroom 1
Size 28 SqM
Price per SqM ฿96,071
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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.
฿1,260/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1370462

Investment Opportunity: Charges & Yield

Sale Price
฿2,690,000
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.
฿1,260/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.
17
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 The Excel Hideaway Sukhumvit 71, and the current sales price.
6%

Project Details

Construction: Completed (Jan 2019)
Floors: 8
Buildings: 4
Units: 672
Project Area: 9,260 SqM
Nearest Landmark Phra Khanong BTS - 1.1 Km
Location: Phra Khanong Nuea, Bangkok
The Excel Hideaway Sukhumvit 71 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Communal Garden Area Communal Garden Area
Key card access Key card access
Shuttle Bus Shuttle Bus

Popular Facilities at The Excel Hideaway Sukhumvit 71

  • Communal Pool
    Ground Floor
  • Library / Reading Room
    Ground Floor
  • Communal Gym
    Ground Floor
  • Reception / Lobby Area
    Ground Floor

Available Units at The Excel Hideaway Sukhumvit 71

For Sale 7 For Rent 7
Get notified when new homes are being added to The Excel Hideaway Sukhumvit 71
View All (7)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Excel Hideaway Sukhumvit 71 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 ฿45 per square meter based on the size of indoor area of the property and is ฿1,260 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 The Excel Hideaway Sukhumvit 71 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Phra Khanong BTS is the nearest BTS Station from The Excel Hideaway Sukhumvit 71 and it is 1.1 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 The Excel Hideaway Sukhumvit 71 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
฿50,000
Down Payment
within 14days
30%
1st 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

Reviews

4.3 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I couldn't believe that I could find a condo at an affordable price in the Thonglor area!
Ronald Juventus, Italy, 5 years ago
I couldn't believe that I could find a condo at an affordable price in the Thonglor area. I have liked the room since the first viewing, so I decided to buy it. My room is 28 SqM wide, which is a decent size. The decoration is fabulous in a modern style. Worth the price! Shame that the parking space is inadequate. The facilities are well equipped. As for transportation, I think it's quite different for those who rely on public transportation because the project is in a small alley, so you seldom get a taxi motorbike or a taxi. Although you can have a shuttle bus to BTS station, the buses are not that frequent. I own a car, so living here is quite convenient to commute. Just 5 minutes to Habito Mall, 10 minutes to the Emporium and the EmQuartier. What a right decision choosing this place!
Good location near the main road
Jeanie Guyer, Canada, 5 years ago
I had a chance to inspect the project. Its location is good, close to the main road and the building is remarkable. Spacious common area with complete facilities, the project surrounding is decorated with lush green gardens around, very shady and pleasant atmosphere. It's one of the best projects to meet the working life. I'm actually interested in the project, but I will wait until the project is complete because I want to look at a real project and easily make up my mind.
Bangkok
Phra Khanong Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Excel Hideaway Sukhumvit 71

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
Project Name
Mori Haus
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
262
Sales Prices
฿4.75M - ฿13.5M
▼ -9% underpriced
Monthly Rentals
฿15K - ฿55K
Year Built
Dec 2016
Completion Status
Completed
Project Name
NIA By Sansiri
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
419
Sales Prices
฿3.2M - ฿8.38M
Monthly Rentals
฿12K - ฿40K
Year Built
Sep 2023
Completion Status
Completed
Project Name
Hasu Haus
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
324
Sales Prices
฿3.6M - ฿12.9M
▼ -4.6% underpriced
Monthly Rentals
฿13.5K - ฿75K
Year Built
May 2016
Completion Status
Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
34
Sales Prices
฿25.5M - ฿25.7M
▼ -50% underpriced
Monthly Rentals
฿70K - ฿90K
Year Built
Jan 1994
Completion Status
Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
504
Sales Prices
฿2.7M - ฿4.5M
▼ -12.3% underpriced
Monthly Rentals
฿12K - ฿30K
Year Built
Dec 2015
Completion Status
Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
70
Sales Prices
฿43.5M - ฿58M
▲ 19% overpriced
Monthly Rentals
฿140K - ฿185K
Year Built
Dec 2018
Completion Status
Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
N/A
Sales Prices
฿70M
▲ 24% overpriced
Monthly Rentals
N/A
Year Built
Oct 2009
Completion Status
Completed
Project Name
Vista Garden
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
280
Sales Prices
฿3.25M - ฿11.5M
▼ -27% underpriced
Monthly Rentals
฿14.5K - ฿250K
Year Built
Dec 2007
Completion Status
Completed
Project Name
Fragrant 71
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
69
Sales Prices
฿3.6M - ฿8.8M
▼ -4.3% underpriced
Monthly Rentals
฿17K - ฿40K
Year Built
Dec 2005
Completion Status
Completed
Location
Phra Khanong Nuea, Watthana, Bangkok
Number of units
711
Sales Prices
฿2.6M - ฿7.29M
▼ -25.5% underpriced
Monthly Rentals
฿12K - ฿28K
Year Built
Dec 2015
Completion Status
Completed
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