3 Bedroom Condo for sale at MIELER Sukhumvit 40

4.83 (2 Reviews)
Phra Khanong, Khlong Toei,Bangkok
Unit ID: U1137956
4% Rental Yield
฿19,055,000
3 Bedrooms
3 Bathrooms
110 SqM Size
3 Floor
Mar 2018 Completed

About This Condo

This property is a 110 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the MIELER Sukhumvit 40 project in Phra Khanong, Bangkok and was completed in Mar 2018. You can buy this condo for a base price of ฿19,055,000 (฿173,227/SqM) and it is also available for long term rentals starting from ฿60,000 per month.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 3
Bedrooms 3
Size 110 SqM
Price per SqM ฿173,227
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.
฿8,250/mo
Listed By
Private Owner
Date Listed Aug 9, 2022
Last Updated 1 month ago
Unit ID U1137956

Investment Opportunity: Charges & Yield

Sale Price
฿19,055,000
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.
฿8,250/mo
Rent
฿60,000/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.
26
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.
4%

Project Details

Project Name: MIELER Sukhumvit 40
Developer: Major Development
Construction: Completed (Mar 2018)
Floors: 7
Buildings: N/A
Units: 24
Project Area: N/A
Nearest Landmark Ekkamai BTS - 0.6 Km
Location: Phra Khanong, Khlong Toei, Bangkok
MIELER Sukhumvit 40 Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at MIELER Sukhumvit 40

For Sale 1 For Rent 5
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Available Units at MIELER Sukhumvit 40
฿173,227
Beds 3 Beds
Baths 3 Baths
Size 110 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
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Available Units at MIELER Sukhumvit 40
-
Beds 3 Beds
Baths 3 Baths
Size 128 SqM Size
Floor - Floor
Leasehold Fully Furnished City View
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Available Units at MIELER Sukhumvit 40
-
Beds 3 Beds
Baths 3 Baths
Size 110 SqM Size
Floor 6 Floor
Fully Furnished City View
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Available Units at MIELER Sukhumvit 40
-
Beds 3 Beds
Baths 3 Baths
Size 128 SqM Size
Floor - Floor
Leasehold Fully Furnished City View
Favorite
Compare
Available Units at MIELER Sukhumvit 40
-
Beds 2 Beds
Baths 2 Baths
Size 108 SqM Size
Floor - Floor
Leasehold Fully Furnished City View
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Frequently Asked Questions

No pets are allowed at MIELER Sukhumvit 40 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 ฿75 per square meter based on the size of indoor area of the property and is ฿8,250 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 MIELER Sukhumvit 40 the required payment for the sinking fund is ฿750 per square meter based on the size of the indoor area of the property.
Ekkamai BTS is the nearest BTS Station from MIELER Sukhumvit 40 and it is 0.6 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 MIELER Sukhumvit 40 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

4.8 out of 5 4.83
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo is so private
4.7 Sandy Ziegler, Belgium, 1 year ago
The main reason that I like this place is the privacy. As there are only 24 units in total with only four units per floor and a private lift, I don’t have to share with others. The room I bought is a wide 3-bedroom unit. The furniture is provided in a full range of premium grades for its price. Although the project is located in the alley, you can also take a shortcut to the main roads such as Sukhumvit Road and Rama IV Road, which is also not far from Ekkamai BTS station, very convenient!
A house near the BTS station in the Sukhumvit area
5 Tony Jason, Australia, 2 years ago
I've been searching for a house near the BTS station in the Sukhumvit area, so I visited the real estate website and found this project exactly what I wanted. As far as I know, it takes only a few steps to Thong Lo BTS and Ekkamai BTS. It's also close to the Emporium, making my life much easier. There are full facilities in the common area, like an outdoor swimming pool, gym, and parking space which has enough for all residents, which is hardly found in the city condo. More importantly, the room is spacious, making it feel like home. It's suitable for me who likes to get used to being in a single house. This place is very private as there is a private lift for every unit, and there are not more than four units on each floor. The rooms are laid out with complete luxurious furniture from leading brands. By the way, I haven't seen the actual project. After I see it, I will review it again. I would like to know if this condo is similar to the pictures. Now, I'm waiting for a salesperson to get back to me.
Bangkok
Phra Khanong

Neighborhood Overview

Location and Neighborhood

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