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    1 Bedroom Condo for sale at The Excel Hideaway Sukhumvit 50
    Phra Khanong, Khlong Toei,Bangkok
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    Sale Price
    $104,000
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    1 Bedroom Condo for sale at The Excel Hideaway Sukhumvit 50
    (1 Review)
    Unit ID: U1743188
    4% Rental Yield
    Tenant-Occupied until Mar 1, 2025
    Phra Khanong, Khlong Toei,Bangkok
    $104,000
    1 Bedroom
    1
    Bathroom
    323 Sqft
    Size
    2
    Floor
    Dec 2019
    Completed
    7
    Sale Price
    $104,000

    About This Condo

    This property is a 323 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Phra Khanong, Bangkok and was completed in Dec 2019. You can buy this condo for a base price of $104,000 ($323/Sqft) and it is also available for long term rentals starting from $348 per month.

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Feb 23, 2024
    Updated 3 months ago
    Property Type Condo
    Floor 2
    Bedroom 1
    Size 323 Sqft
    Price per Sqft $323
    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%.

    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, Garden 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.
    $39/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1743188

    Investment Opportunity: Charges & Yield

    Sale Price
    $104,000
    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.
    $39/mo
    Rent
    $348/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.
    25
    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 Excel Hideaway Sukhumvit 50
    Developer: All Inspire Development
    Construction: Completed (Dec 2019)
    Floors: 8
    Buildings: 4
    Units: 772
    Project Area: 126,239 Sqft
    Nearest Landmark Phra Khanong BTS - 1 Km
    Location: Phra Khanong, Bangkok
    The Excel Hideaway Sukhumvit 50 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Walking / Running Track Walking / Running Track
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Outdoor Kids Zone Outdoor Kids Zone
    Key card access Key card access
    Shuttle Bus Shuttle Bus

    Popular Facilities at The Excel Hideaway Sukhumvit 50

    • All
    • Fitness
    • Leisure
    • Convenience
    9
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor
    • Reception / Lobby Area
      Ground Floor

    Available Units at The Excel Hideaway Sukhumvit 50

    For Sale 12 For Rent 9
    • All
    • 1 Bed
    Get notified when new homes are being added to The Excel Hideaway Sukhumvit 50
    View All (12)

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    Frequently Asked Questions

    No pets are allowed at The Excel Hideaway Sukhumvit 50 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 £31 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 Excel Hideaway Sukhumvit 50 the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
    Phra Khanong BTS is the nearest BTS Station from The Excel Hideaway Sukhumvit 50 and it is 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 Excel Hideaway Sukhumvit 50 you have to follow these steps:

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

     


    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $1,450
    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

    Reviews

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Overall is excellent and worth the price
    Kristie White, Australia, 4 years ago
    Great condo, great location in the Sukhumvit area. Good for people who work in this area. Traveling is very convenient both by private car or public transportations because it is very close to On Nut BTS. It is also easy to find taxis and motorcycle taxis all day long. I also really like the project's facilities, which are easy to access. There is a swimming pool, a garden, a co-working space, parking lots, and a security system that you can feel at ease. It is so comfortable!
    Bangkok
    Phra Khanong

    Neighborhood Overview

    Location and Neighborhood

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    Monthly Rentals
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    Completion Status
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    Project Name
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    Location
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    Number of units
    582
    Sales Prices
    $78K - $215.79K
    ▲ 9.6% overpriced
    Monthly Rentals
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    Year Built
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    Completion Status
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    Projects Nearby The Excel Hideaway Sukhumvit 50
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    The BASE Sukhumvit 50
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    S Condo Sukhumvit 50
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    Modiz Sukhumvit 50
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