The Alcove Thonglor 10

4.5 (1 Review)

Khlong Tan Nuea, Watthana,Bangkok

Unit ID: U653452
6% Rental Yield
฿10,815,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
74 SqM Size
Floors
11 Floor
Construction
Dec 2010 Completed

2 Bedroom Condo for sale at The Alcove Thonglor 10

This property is a 74 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Alcove Thonglor 10 project in Khlong Tan Nuea, Bangkok and was completed in Dec 2010. You can buy this condo for a base price of ฿10,815,000 (฿146,149/SqM) and it is also available for long term rentals starting from ฿58,000 per month.

Features

BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 11
Bedrooms 2
Size 74 SqM
Price per SqM ฿146,149
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%.

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.
฿4,070/mo
Listed By
Private Owner
Date Listed Feb 15, 2021
Last Updated 8 months ago
Unit ID U653452

3D Walkthrough

Price Analysis

Fair Price
Estimated market value ฿10,596,583
Great
฿5,550,000
Good
Fair
Above
฿5,760,000
Current asking Price: ฿10,815,000 | Advertised rental rate: ฿58,000/mo
This condo is ฿218,417 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
฿10,815,000
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.
฿4,070/mo
Rent
฿58,000/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 Thonglor 10
Developer: Samirano Group
Construction: Completed (Dec 2010)
Floors: 23
Buildings: 1
Units: 135
Project Area: 2,044 SqM
Nearest Landmark Thong Lo BTS - 1.1 Km
Location: Khlong Tan Nuea, Watthana, Bangkok
The Alcove Thonglor 10 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Alcove Thonglor 10

  • Communal Pool
    18th Floor
  • Communal Gym
    17th Floor

Available Units at The Alcove Thonglor 10

For Sale 11 For Rent 15
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฿153,846
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Available Units at The Alcove Thonglor 10
฿146,149
Beds 2 Beds
Baths 2 Baths
Size 74 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished City View
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Available Units at The Alcove Thonglor 10
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Beds 2 Beds
Baths 2 Baths
Size 72 SqM Size
Floor 12 Floor
Thai Quota Fully Furnished City View
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Available Units at The Alcove Thonglor 10
฿142,500
Beds 1 Beds
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Unfurnished
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Beds Studio Beds
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Size 33 SqM Size
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Thai Quota Fully Furnished City View
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Available Units at The Alcove Thonglor 10
฿135,659
Beds 1 Beds
Baths 1 Baths
Size 41 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished City View
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Available Units at The Alcove Thonglor 10
฿130,986
Great Price
Beds 2 Beds
Baths 2 Baths
Size 71 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished
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Available Units at The Alcove Thonglor 10
฿122,677
Great Price
Beds 1 Beds
Baths 1 Baths
Size 40.35 SqM Size
Floor - Floor
Thai Quota Fully Furnished City View
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Available Units at The Alcove Thonglor 10
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Beds Studio Beds
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Size 32 SqM Size
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Available Units at The Alcove Thonglor 10
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Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 8 Floor
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Available Units at The Alcove Thonglor 10
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Beds 1 Beds
Baths 1 Baths
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Available Units at The Alcove Thonglor 10
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Beds 1 Beds
Baths 1 Baths
Size 54 SqM Size
Floor 14 Floor
Fully Furnished City View
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Available Units at The Alcove Thonglor 10
฿117,241
Good Price
Beds 1 Beds
Baths 1 Baths
Size 43.50 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
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Available Units at The Alcove Thonglor 10
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Available Units at The Alcove Thonglor 10
฿105,263
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Baths 1 Baths
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Floor 10 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to The Alcove Thonglor 10

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Frequently asked questions

No pets are allowed at The Alcove Thonglor 10 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 ฿55 per square meter based on the size of indoor area of the property and is ฿4,070 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 Thonglor 10 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Thong Lo BTS is the nearest BTS from The Alcove Thonglor 10 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 Alcove Thonglor 10 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

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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
Condo in the middle of Soi Ekamai, super comfortable.
4.5 Paisit J., Thailand, 2 years ago
Can't deny that the project is in an excellent location in the heart of the city. It is surrounded by many amenities, such as foreign offices, restaurants, shopping malls, and entertainments. Ekkamai is a famous road for the party with famous nightlife places, such as bars, restaurants for chilling, and clubs. Also, easy access to various transportation, such as cars, BTS, motorcycles, and taxis. If you are going to use a car, better prepare for the hectic traffic. The project has various rooms, depending on residents' preferences, from the studio room to the penthouse. The decorating materials are modern and suitable for the price. There are large windows that allow natural light to come in and enjoy the city view. The common area is standard, including a swimming pool on the 18th floor, a resting area, and a sauna. If you are looking for a good condo at a moderate price in the city center location, and you are a party animal, here is another place that I would recommend very much.

Bangkok

Khlong Tan Nuea

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Location and Neighborhood

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