1 Bedroom Condo for sale at Niche Mono Sukhumvit Puchao

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Thepharak, Mueang Samut Prakan,Samut Prakan
Unit ID: U170842
4% Rental Yield
฿2,896,500 ฿3,153,000 Great Price
1 Bedroom
1 Bathroom
35.44 SqM Size
8 Floor
Apr 2020 Completed

About This Condo

This property is a 35.44 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Niche Mono Sukhumvit Puchao project in Thepharak, Samut Prakan and was completed in Apr 2020. You can buy this condo for a base price of ฿2,896,500 (฿81,730/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 8
Bedroom 1
Size 35.44 SqM
Price per SqM ฿81,730
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
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 A2-3
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.
฿1,382/mo
Listed By
Developer
Date Listed Sep 4, 2019
Last Updated 1 year ago
Unit ID U170842

Price Analysis

Great Price
Estimated market value ฿3,095,005
Great
฿3,010,000
Good
Fair
Above
฿3,100,000
Current asking Price: ฿2,896,500 | Rental estimate: ฿8,730/mo
This condo is ฿198,505 BELOW MARKET (-6%) in the Samut Prakan 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
฿2,896,500
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.
฿1,382/mo
Est. Rent
฿8,730/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.
27
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 Niche Mono Sukhumvit Puchao, and the current sales price.
4%

Project Details

Developer: Sena Development
Construction: Completed (Apr 2020)
Floors: 12
Buildings: 3
Units: 572
Project Area: 9,557 SqM
Nearest Landmark Pu Chao BTS - 2.8 Km
Location: Thepharak, Mueang Samut Prakan, Samut Prakan
Niche Mono Sukhumvit Puchao 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Niche Mono Sukhumvit Puchao

  • Reception / Lobby Area
    Ground Floor
  • Communal Garden Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Co-Working Space / Meeting Room
    Ground Floor
  • Communal Garden Area
    Ground Floor
  • Clubhouse
    Rooftop
  • Sauna
    Ground Floor

Available Units at Niche Mono Sukhumvit Puchao

For Sale 3 For Rent 1
Get notified when new homes are being added to Niche Mono Sukhumvit Puchao

Loan Calculator

Payment Plan

All types
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
30 Days after booking date
30%
2nd Installment
60 Days after booking date
70%

Frequently Asked Questions

No pets are allowed at Niche Mono Sukhumvit Puchao 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 ฿39 per square meter based on the size of indoor area of the property and is ฿1,382 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 Puchao the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Pu Chao BTS is the nearest BTS from Niche Mono Sukhumvit Puchao and it is 2.8 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 Puchao you have to follow these steps:

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

 


All types
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
30 Days after booking date
30%
2nd Installment
60 Days after booking date
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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Samut Prakan
Thepharak

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