The Alcove 49

4.33 (1 Review)

Khlong Tan Nuea, Watthana,Bangkok

Unit ID: U59334
6% Rental Yield
฿5,900,000 ฿7,200,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
48.47 SqM Size
Floors
8 Floor
Construction
Dec 2008 Completed

1 Bedroom Condo for sale at The Alcove 49

This property is a 48.47 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Alcove 49 project in Khlong Tan Nuea, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿5,900,000 (฿121,725/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 8
Bedroom 1
Size 48.47 SqM
Price per SqM ฿121,725
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 1BR
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.
฿1,939/mo
Listed By
Private Owner
Date Listed Dec 26, 2017
Last Updated 1 year ago
Unit ID U59334

3D Walkthrough

Price Analysis

Good Price
Estimated market value ฿6,074,149
Great
฿5,630,000
Good
Fair
Above
฿6,740,000
Current asking Price: ฿5,900,000 | Advertised rental rate: ฿30,000/mo
This condo is ฿174,149 BELOW MARKET (-3%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿5,900,000
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.
฿1,939/mo
Rent
฿30,000/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.
16
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.
6%

Project Details

Project Name: The Alcove 49
Developer: Samirano Group
Construction: Completed (Dec 2008)
Floors: 8
Buildings: 1
Units: 48
Project Area: 900 SqM
Nearest Landmark Phrom Phong BTS - 0.5 Km
Location: Khlong Tan Nuea, Watthana, Bangkok
The Alcove 49 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
Key card access Key card access
Shuttle Bus Shuttle Bus

Popular Facilities at The Alcove 49

  • Communal Pool
    8th Floor
  • Communal Gym
    8th Floor

Available Units at The Alcove 49

For Sale 2 For Rent 12
Favorite
Compare
Available Units at The Alcove 49
-
Beds 2 Beds
Baths 2 Baths
Size 62.80 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished
Favorite
Compare
Available Units at The Alcove 49
-
Beds 1 Beds
Baths 1 Baths
Size 50 SqM Size
Floor 3 Floor
Negotiable
Favorite
Compare
Available Units at The Alcove 49
-
Beds 1 Beds
Baths 1 Baths
Size 51 SqM Size
Floor 6 Floor
Fully Furnished
Favorite
Compare
Available Units at The Alcove 49
฿92,647
Great Price
Beds 2 Beds
Baths 2 Baths
Size 68 SqM Size
Floor - Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at The Alcove 49
-
Beds 2 Beds
Baths 2 Baths
Size 78 SqM Size
Floor 6 Floor
Fully Furnished City View
Favorite
Compare
Available Units at The Alcove 49
-
Beds 1 Beds
Baths 1 Baths
Size 50.40 SqM Size
Floor 6 Floor
Fully Furnished City View
Favorite
Compare
Available Units at The Alcove 49
-
Beds 1 Beds
Baths 1 Baths
Size 48 SqM Size
Floor - Floor
Negotiable
Favorite
Compare
Available Units at The Alcove 49
-
Beds 1 Beds
Baths 1 Baths
Size 50.50 SqM Size
Floor - Floor
Negotiable
Favorite
Compare
Available Units at The Alcove 49
-
Beds 1 Beds
Baths 1 Baths
Size 49 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at The Alcove 49
-
Beds 1 Beds
Baths 1 Baths
Size 50 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at The Alcove 49
฿121,725
Good Price
Beds 1 Beds
Baths 1 Baths
Size 48.47 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at The Alcove 49
-
Beds 1 Beds
Baths 1 Baths
Size 48 SqM Size
Floor - Floor
Partly Furnished
Favorite
Compare
Available Units at The Alcove 49
-
Beds 1 Beds
Baths 1 Baths
Size 51 SqM Size
Floor 8 Floor
Fully Furnished Garden View
Get notified when new homes are being added to The Alcove 49

Loan Calculator

Frequently asked questions

No pets are allowed at The Alcove 49 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 ฿1,939 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 Alcove 49 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Phrom Phong BTS is the nearest BTS from The Alcove 49 and it is 0.5 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 Alcove 49 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

Do you own a property at The Alcove 49?

Find out how much your property is worth and start your listing for free.

Reviews

4.3 out of 5 4.33
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Very close to amenities
4.3 Virgina Gehringer, United States, 4 years ago
It is a modern condominium style. The construction building is well- designed and close to Thonglor BTS station, which is very convenient for traveling, wherever you go. Also, the project is not far from Sukhumvit Road, only 300 meters within walking distance. If you are bored with taking the Skytrain, you can use various Uber Grab Cars taxis. The Alcove 49 is a fully equipped condo. I am not mistaken about choosing to buy this condo because it is close to my office. Besides, it is still close to the Emporium Shopping Complex and Samitivej Sukhumvit Hospital. As for the room interior, it is beautifully and elegantly designed. There is everything in the room. The furniture is also of good quality. It's called as complete in one place, including all the convenient common areas are also excellent, and I always use the service. Overall, it is okay.

Bangkok

Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Similar Units

Favorite Compare
  • 5% Rental Yield
฿5,350,000
2 1 49 SqM Condo

Life Sukhumvit 48

Phra Khanong, Khlong Toei, Bangkok, Thailand
Favorite Compare
  • 4% Rental Yield
  • 3D Virtual Tour
฿6,900,000 ฿10,000,000
1 1 35 SqM Condo

The Lofts Asoke

Khlong Toei Nuea, Watthana, Bangkok, Thailand
Favorite Compare
  • 4% Rental Yield
  • 3D Virtual Tour
฿6,232,000
1 1 38 SqM Condo

Knightsbridge Prime Sathorn

Thung Mahamek, Sathon, Bangkok, Thailand
Favorite Compare
  • 6% Rental Yield
  • 3D Virtual Tour
฿6,100,000
1 1 33 SqM Condo

Wyndham Garden Residence Sukhumvit 42

Phra Khanong, Khlong Toei, Bangkok, Thailand
Favorite Compare
  • 9% Rental Yield
  • 3D Virtual Tour
฿5,500,000
2 2 100 SqM Condo

Urbana Langsuan

Lumphini, Pathum Wan, Bangkok, Thailand
Favorite Compare
  • 5% Rental Yield
฿5,840,000 ฿6,553,000
1 1 34.13 SqM Condo

Wyndham Bangkok Queen Convention Centre

Khlong Toei, Khlong Toei, Bangkok, Thailand
Favorite Compare
  • 5% Rental Yield
  • 3D Virtual Tour
฿6,300,000 ฿7,725,000
1 1 45 SqM Condo

Rhythm Sukhumvit 44/1

Phra Khanong, Khlong Toei, Bangkok, Thailand
Favorite Compare
  • 2% Rental Yield
฿5,500,000 ฿5,974,000
1 1 48 SqM Condo

Circle Condominium

Makkasan, Ratchathewi, Bangkok, Thailand
Favorite Compare
  • 7% Rental Yield
฿6,000,000
2 2 76 SqM Condo

Baan Siri Sukhumvit 13

Khlong Toei Nuea, Watthana, Bangkok, Thailand
Favorite Compare
  • 6% Rental Yield
฿5,100,000
1 1 74 SqM Condo

Sukhumvit Suite

Khlong Toei Nuea, Watthana, Bangkok, Thailand

Projects Nearby The Alcove 49

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
Watthana, Bangkok, Thailand
Number of units
98
Sales Prices
฿9.27M - ฿12.5M
▼ -14% underpriced
Monthly Rentals
฿35K
Year Built
Jan 1993
Completion Status
Completed
Location
Watthana, Bangkok, Thailand
Number of units
54
Sales Prices
฿14.9M - ฿20.7M
▼ -0.7% underpriced
Monthly Rentals
฿40K - ฿60K
Year Built
Jan 2006
Completion Status
Completed
Location
Watthana, Bangkok, Thailand
Number of units
159
Sales Prices
฿6.71M - ฿7.99M
▼ -11% underpriced
Monthly Rentals
฿28K - ฿45K
Year Built
Dec 2004
Completion Status
Completed
Project Name
Liv@49
Location
Watthana, Bangkok, Thailand
Number of units
183
Sales Prices
฿6.75M - ฿21.5M
▼ -4.4% underpriced
Monthly Rentals
฿28K - ฿80K
Year Built
Mar 2016
Completion Status
Completed
Project Name
Via 49
Location
Watthana, Bangkok, Thailand
Number of units
85
Sales Prices
฿6.1M - ฿14.5M
▼ -31% underpriced
Monthly Rentals
฿25K - ฿55K
Year Built
Dec 2012
Completion Status
Completed
Project Name
49 Plus
Location
Watthana, Bangkok, Thailand
Number of units
77
Sales Prices
฿5.6M - ฿7.5M
▼ -2.5% underpriced
Monthly Rentals
฿24K - ฿75K
Year Built
Dec 2004
Completion Status
Completed
Project Name
The Madison
Location
Watthana, Bangkok, Thailand
Number of units
151
Sales Prices
฿23.9M - ฿28.9M
▼ -3.2% underpriced
Monthly Rentals
฿70K - ฿180K
Year Built
Dec 2006
Completion Status
Completed
Location
Watthana, Bangkok, Thailand
Number of units
246
Sales Prices
฿11.5M - ฿17.5M
▼ -2.5% underpriced
Monthly Rentals
฿40K - ฿70K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Via Botani
Location
Watthana, Bangkok, Thailand
Number of units
137
Sales Prices
฿4.8M - ฿24M
▼ -12% underpriced
Monthly Rentals
฿20K - ฿60K
Year Built
Jan 2012
Completion Status
Completed
Location
Watthana, Bangkok, Thailand
Number of units
153
Sales Prices
฿8.5M - ฿24M
▲ 0.9% overpriced
Monthly Rentals
฿42K - ฿85K
Year Built
Dec 2011
Completion Status
Completed
Back to top