Unit ID: U1175666
6% Rental Yield
Bang Na, Bang Na,Bangkok
฿1,700,000
1 Bedroom
1
Bathroom
27 SqM
Size
4
Floor
Nov 2017
Completed

About This Condo

This property is a 27 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Excel Groove project in Bang Na, Bangkok and was completed in Nov 2017. You can buy this condo for a base price of ฿1,700,000 (฿62,963/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 28, 2022
Updated 1 year ago
Property Type Condo
Floor 4
Bedroom 1
Size 27 SqM
Price per SqM ฿62,963
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Foreign Quota, 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 Building 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1175666

Investment Opportunity: Charges & Yield

Sale Price
฿1,700,000
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.
16
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 Excel Groove, and the current sales price.
6%

Project Details

Project Name: The Excel Groove
Construction: Completed (Nov 2017)
Floors: 8
Buildings: 2
Units: 232
Project Area: 3,200 SqM
Nearest Landmark Bang Na BTS - 3.4 Km
Location: Bang Na, Bangkok
The Excel Groove Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room

Popular Facilities at The Excel Groove

  • Communal Pool
    2nd Floor
  • Communal Gym
    2nd Floor
  • Co-Working Space / Meeting Room
    2nd Floor

Available Units at The Excel Groove

For Sale 6 For Rent 2
Get notified when new homes are being added to The Excel Groove
View All (6)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Excel Groove unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Bang Na BTS is the nearest BTS Station from The Excel Groove and it is 3.4 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 Excel Groove 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Excel Groove

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
Bang Na, Bang Na, Bangkok
Number of units
1384
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▼ -16% underpriced
Monthly Rentals
฿7.9K
Year Built
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Completion Status
Completed
Project Name
Im Fine Bangna
Location
Bang Na, Bang Na, Bangkok
Number of units
N/A
Sales Prices
฿2.2M
Monthly Rentals
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Year Built
Jan 2014
Completion Status
Completed
Location
Bang Na, Bang Na, Bangkok
Number of units
42
Sales Prices
฿5.37M
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Year Built
Apr 2017
Completion Status
Completed
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฿2.57M - ฿3.85M
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Number of units
643
Sales Prices
฿1.79M - ฿2.86M
▲ 23% overpriced
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฿8K - ฿12.5K
Year Built
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Completion Status
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Project Name
Apool Condo
Location
Bang Na, Bang Na, Bangkok
Number of units
238
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฿1.4M - ฿1.45M
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Year Built
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Completion Status
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Location
Samrong Nuea, Bang Na, Bangkok
Number of units
1014
Sales Prices
฿2.23M - ฿3.5M
▲ 9% overpriced
Monthly Rentals
฿10K - ฿15K
Year Built
Dec 2022
Completion Status
Completed
Location
Bang Na, Bang Na, Bangkok
Number of units
127
Sales Prices
฿30M
Monthly Rentals
N/A
Year Built
May 2013
Completion Status
Completed
Project Name
Moo Baan Chai Yo
Location
Samrong Nuea, Bang Na, Bangkok
Number of units
23
Sales Prices
฿11.3M
Monthly Rentals
N/A
Year Built
Feb 2012
Completion Status
Completed
Location
Samrong Nuea, Bang Na, Bangkok
Number of units
878
Sales Prices
฿1.6M - ฿3.6M
▼ -45% underpriced
Monthly Rentals
฿7.5K - ฿18.5K
Year Built
Oct 2012
Completion Status
Completed
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