Unit ID: U59334
4% Rental Yield
Tenant-Occupied until May 7, 2025
Khlong Tan Nuea, Watthana,Bangkok
$183,000 $209,000
1 Bedroom
1
Bathroom
522 Sqft
Size
8
Floor
Dec 2008
Completed

About This Condo

This property is a 522 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Khlong Tan Nuea, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of $183,000 ($350/Sqft) and it is also available for long term rentals starting from $580 per month.

Features

BalconyBalcony

Basic Information

Date Listed Dec 26, 2017
Updated 6 months ago
Property Type Condo
Floor 8
Bedroom 1
Size 522 Sqft
Price per Sqft $350
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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.
$56/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U59334

Investment Opportunity: Charges & Yield

Sale Price
$183,000
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.
$56/mo
Rent
$580/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: The Alcove 49
Developer: Samirano Group
Construction: Completed (Dec 2008)
Floors: 8
Buildings: 1
Units: 48
Project Area: 9,688 Sqft
Nearest Landmark Phrom Phong BTS - 0.5 Km
Location: Khlong Tan Nuea, 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
Communal Garden Area Communal Garden Area
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 8 For Rent 21
Get notified when new homes are being added to The Alcove 49
View All (8)

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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 $1 per square meter based on the size of indoor area of the property and is $56 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 $15 per square meter based on the size of the indoor area of the property.
Phrom Phong BTS is the nearest BTS Station 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

Reviews

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Very close to amenities
Virgina Gehringer, United States, 7 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

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
Khlong Tan Nuea, Watthana, Bangkok
Number of units
98
Sales Prices
$223.39K - $751.4K
▼ -29% underpriced
Monthly Rentals
$1.02K - $2.47K
Year Built
Jan 1993
Completion Status
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Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
54
Sales Prices
$478.69K - $603.44K
▼ -0.5% underpriced
Monthly Rentals
$1.31K - $1.89K
Year Built
Jan 2006
Completion Status
Completed
Project Name
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Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Sales Prices
$304.83K - $1.02M
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
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Number of units
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Sales Prices
$168.27K - $670.16K
▼ -8.6% underpriced
Monthly Rentals
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Year Built
Mar 2016
Completion Status
Completed
Project Name
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Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
77
Sales Prices
$162.46K - $246.6K
▼ -7% underpriced
Monthly Rentals
$580 - $2.18K
Year Built
Dec 2004
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
159
Sales Prices
$194.09K - $304.62K
▼ -11% underpriced
Monthly Rentals
$464 - $1.39K
Year Built
Dec 2004
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
198
Sales Prices
$435.17K - $638.25K
▲ 21% overpriced
Monthly Rentals
$870 - $1.89K
Year Built
Dec 1996
Completion Status
Completed
Project Name
Via 49
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
85
Sales Prices
$162.46K - $366.99K
▼ -15.5% underpriced
Monthly Rentals
$580 - $1.74K
Year Built
Dec 2012
Completion Status
Completed
Project Name
The Madison
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
151
Sales Prices
$696.27K - $1.42M
▲ 2.3% overpriced
Monthly Rentals
$1.74K - $7.54K
Year Built
Dec 2006
Completion Status
Completed
Project Name
49 Suite
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
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Sales Prices
$194.96K - $217.59K
Monthly Rentals
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Year Built
Dec 1995
Completion Status
Completed
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