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    3 Bedroom Condo for sale at MIELER Sukhumvit 40
    Phra Khanong, Khlong Toei,Bangkok
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    Sale Price
    $477,000
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    3 Bedroom Condo for sale at MIELER Sukhumvit 40
    (2 Reviews)
    Unit ID: U1948517
    5% Rental Yield
    Phra Khanong, Khlong Toei,Bangkok
    $477,000
    3 Bedrooms
    3
    Bathrooms
    1,177 Sqft
    Size
    2
    Floor
    Mar 2018
    Completed
    8
    Sale Price
    $477,000

    About This Condo

    This property is a 1,177 Sqft condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Phra Khanong, Bangkok and was completed in Mar 2018. You can buy this condo for a base price of $477,000 ($405/Sqft).

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Oct 11, 2024
    Updated 1 month ago
    Property Type Condo
    Floor 2
    Bedrooms 3
    Size 1,177 Sqft
    Price per Sqft $405
    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
    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.
    $237/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1948517

    Investment Opportunity: Charges & Yield

    Sale Price
    $477,000
    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.
    $237/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.
    21
    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 3 bedroom condos at MIELER Sukhumvit 40, and the current sales price.
    5%

    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, 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 8 For Rent 7
    • All
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to MIELER Sukhumvit 40
    View All (8)

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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 $2 per square meter based on the size of indoor area of the property and is $237 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 $22 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

    Reviews

    4.8 out of 5
    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
    Sandy Ziegler, Belgium, 4 years 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
    Tony Jason, Australia, 4 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

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    Projects Nearby MIELER Sukhumvit 40

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    Completion Status
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