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    1 Bedroom Condo for sale at The Nest Sukhumvit 71
    Phra Khanong Nuea, Watthana,Bangkok
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    Sale Price
    £98,400
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    1 Bedroom Condo for sale at The Nest Sukhumvit 71

    (4 Reviews)
    Phra Khanong Nuea, Watthana,Bangkok
    Unit ID: U1693618
    5% Rental Yield
    1 Bedroom
    1 Bathroom
    28.71 SqM Size
    3 Floor
    Sep 2020 Completed
    (4 Reviews)
    Sale Price
    £98,400
    11

    About This Condo

    This property is a 28.71 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Phra Khanong Nuea, Bangkok and was completed in Sep 2020. You can buy this condo for a base price of £98,400 (£3,430/SqM).

    Features

    Pool AccessPool Access Rooftop TerraceRooftop Terrace TerraceTerrace BalconyBalcony Full Western KitchenFull Western Kitchen

    Basic Information

    Date Listed Nov 25, 2024
    Updated 3 hours ago
    Property Type Condo
    Floor 3
    Bedroom 1
    Size 28.71 SqM
    Price per SqM £3,430
    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) Garden View
    Unit Type N/A
    Building Building E
    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.
    £37/mo
    Listed By
    Private Owner
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1693618

    Investment Opportunity: Charges & Yield

    Sale Price
    £98,400
    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.
    £37/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.
    22
    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 Nest Sukhumvit 71, and the current sales price.
    5%

    Project Details

    Project Name: The Nest Sukhumvit 71
    Developer: The Nest Property
    Construction: Completed (Sep 2020)
    Floors: 8
    Buildings: 5
    Units: 515
    Project Area: 8,216 SqM
    Nearest Landmark Phra Khanong BTS - 1 Km
    Location: Phra Khanong Nuea, Bangkok
    The Nest Sukhumvit 71 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Yoga Area Yoga Area
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Key card access Key card access

    Popular Facilities at The Nest Sukhumvit 71

    • All
    • Fitness
    • Leisure
    • Convenience
    5
    • Reception / Lobby Area
      1st Floor
    • Communal Pool
      1st Floor
    • Communal Gym
      1st Floor
    • Communal Garden Area
      1st Floor

    Available Units at The Nest Sukhumvit 71

    For Sale 9 For Rent 10
    • All
    • 1 Bed
    Get notified when new homes are being added to The Nest Sukhumvit 71
    View All (9)

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    Frequently Asked Questions

    No pets are allowed at The Nest Sukhumvit 71 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 £37 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 Nest Sukhumvit 71 the required payment for the sinking fund is £14 per square meter based on the size of the indoor area of the property.
    Phra Khanong BTS is the nearest BTS Station from The Nest Sukhumvit 71 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 Nest Sukhumvit 71 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
    £926
    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

    4.3 out of 5
    Based on
    4 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    I like it here!
    Jan T., Thailand, 4 years ago
    I just moved into a room a week ago and was still excited because this is my first asset since I started working. The atmosphere around it looks quiet and livable. Also, it's close to the office. I like the project's communal area features a swimming pool, a library, and a yoga room. Plus, there are spacious seating areas and gardens in the shady and well-ventilated project. The security system here is very strict. Now, not many neighbors moving in, and most of them are foreigners.
    Walking distance from Sukhumvit road
    Marciano brewster, Netherlands, Current Resident, 4 years ago
    I bought a unit here because its located in a prime location for a acceptable price, walking distance from Sukhumvit road or Onnut area. The condo is behind T77 district and is part of Bangkok's largest expat community. The W market is just at the end of the soi and all restaurants offer "value for money" deals. Phra Khanong is growing into a mi of local and international restaurants. The condo itself has the right price per sqm compared to any other new development in the area. The unit comes fully furnished. Because Phra Khanong/Onnut has a high influx of people, the occupancy rates for rentals are high!
    Can't wait to see this condo
    Setthapat Teewarat, Thailand, 4 years ago
    Lucky me! I bought this condo in the presale session to book the unit with the pool and garden. The common area is filled with green space like a small oasis in the project. We will see if the project will be decorated as the picture has claimed. My room is 1-BDR, which is pretty cramped to place a king-size bed. It comes with built-in furniture. The materials used in a showroom are pretty good and luxurious. The room is not very wide, with a close-plan kitchen, suitable for living alone. It's also worthwhile for investment. You can still make some profit from renting it out because of its location in Sukhumvit. Hopefully, it will be completed soon.
    Near Phra Khanong BTS, convenient transportation
    Luke Brain, Australia, 4 years ago
    One of the best projects not far from the Sukhumvit area, located in the Phra Khanong area. The project is surrounded by various amenities, including restaurants, convenience stores, fresh markets, and close to Phra Khanong BTS station. It's also easily accessible to the town. The project site has a good atmosphere, not like staying in the city at all as many trees and lush green areas surrounding. The overall atmosphere is pleasant, and the room is beautiful and fully furnished. The price is also affordable, not so expensive. You can either buy to live or rent it out; it's also worthwhile because many foreigners live here. Worth the price paid !!
    Bangkok
    Phra Khanong Nuea

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