The Nest Sukhumvit 64

4.83 (1 Review)

Bang Chak, Phra Khanong,Bangkok

Unit ID: U61318
4% Rental Yield
฿3,417,061
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
28.97 SqM Size
Floors
5 Floor
Construction
Dec 2019 Completed

1 Bedroom Condo for sale at The Nest Sukhumvit 64

This property is a 28.97 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Nest Sukhumvit 64 project in Bang Chak, Bangkok and was completed in Dec 2019. You can buy this condo for a base price of ฿3,417,061 (฿117,952/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 5
Bedroom 1
Size 28.97 SqM
Price per SqM ฿117,952
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, Company
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.
฿1,449/mo
Listed By
Developer
Date Listed Jan 15, 2018
Last Updated 1 year ago
Unit ID U61318

3D Walkthrough

Price Analysis

Fair Price
Estimated market value ฿3,342,339
Great
฿2,930,000
Good
Fair
Above
฿3,850,000
Current asking Price: ฿3,417,061 | Rental estimate: ฿10,500/mo
This condo is ฿74,722 ABOVE MARKET (2%) 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
฿3,417,061
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.
฿1,449/mo
Est. Rent
฿10,500/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 The Nest Sukhumvit 64, and the current sales price.
4%

Project Details

Project Name: The Nest Sukhumvit 64
Developer: The Nest Property
Construction: Completed (Dec 2019)
Floors: 8
Buildings: N/A
Units: 439
Project Area: N/A
Nearest Landmark Punnawithi BTS - 0.9 Km
Location: Bang Chak, Phra Khanong, Bangkok
The Nest Sukhumvit 64 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

Loan Calculator

Payment Plan

Installment Milestone Payment
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently asked questions

No pets are allowed at The Nest Sukhumvit 64 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,449 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 Nest Sukhumvit 64 the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Punnawithi BTS is the nearest BTS from The Nest Sukhumvit 64 and it is 0.9 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 Nest Sukhumvit 64 you have to follow these steps:

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

 


Installment Milestone Payment
1st Installment
Upon contract signing
30%
2nd 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

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 Nest Sukhumvit 64?

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Reviews

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A beautiful condo, very cozy to live in
4.8 Aratchaporn Thongdee, Thailand, 6 months ago
I've stayed in Bangkok for many years, and I bought the condo for a long-term stay as my friend recommended me to visit this project because it is conveniently located, close to shopping malls and my office. To be honest, I'm impressed and bought a spacious 2-bedroom unit. The room living areas are perfectly proportioned, offering built-in furniture which is very cozy. The price is also considered reasonable, and the facilities are complete. I love the pool, which is so big, and there is an excellent security guard ensuring safety. The project atmosphere is pleasant, filled with trees, where I can get closer to nature. It's a recommended condo for those seeking a place to live in the central city of the Phra Khanong area.

Bangkok

Bang Chak

Neighborhood Overview

Location and Neighborhood

Street View

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