Unit ID: U1663546
6% Rental Yield
Bang Khae Nuea, Bang Khae,Bangkok
$55,700 $59,800
1 Bedroom
1
Bathroom
264 Sqft
Size
7
Floor
Jan 2023
Completed

About This Condo

This property is a 264 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Khae Nuea, Bangkok and was completed in Jan 2023. You can buy this condo for a base price of $55,700 ($211/Sqft).

Features

BalconyBalcony

Basic Information

Date Listed Sep 6, 2023
Updated 1 year ago
Property Type Condo
Floor 7
Bedroom 1
Size 264 Sqft
Price per Sqft $211
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, Company
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
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.
$33/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1663546

Investment Opportunity: Charges & Yield

Sale Price
$55,700
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.
$33/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.
17
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 Muve Bangkhae, and the current sales price.
6%

Project Details

Project Name: The Muve Bangkhae
Developer: Sansiri
Construction: Completed (Jan 2023)
Floors: 8
Buildings: 1
Units: 261
Project Area: 17,222 Sqft
Nearest Landmark Bang Khae MRT - 0.4 Km
Location: Bang Khae Nuea, Bangkok
The Muve Bangkhae 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
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Communal Garden Area Communal Garden Area

Popular Facilities at The Muve Bangkhae

  • Communal Gym
    8th Floor
  • Co-Working Space / Meeting Room
    8th Floor
  • Communal Garden Area
    Ground Floor
  • Reception / Lobby Area
    1st Floor

Available Units at The Muve Bangkhae

For Sale 3 For Rent 4
Get notified when new homes are being added to The Muve Bangkhae
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Loan Calculator

Payment Plan

Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
$2,950
1st Installment
Upon contract signing
25%
2nd Installment
On handover
75%

Frequently Asked Questions

No pets are allowed at The Muve Bangkhae 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 $33 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 Muve Bangkhae the required payment for the sinking fund is $18 per square meter based on the size of the indoor area of the property.
Bang Khae MRT is the nearest MRT Station from The Muve Bangkhae and it is 0.4 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 Muve Bangkhae you have to follow these steps:

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

 


Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
$2,950
1st Installment
Upon contract signing
25%
2nd Installment
On handover
75%

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

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Bangkok
Bang Khae Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Muve Bangkhae

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Bang Khae Nuea, Bang Khae, Bangkok
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▼ -6% underpriced
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