Studio Condo for sale at The Excel Groove

 (Write Review)
Bang Na, Bang Na,Bangkok
Unit ID: U1414422
5% Rental Yield
Studio Bedroom
1 Bathroom
303 Sqft Size
3 Floor
Nov 2017 Completed

About This Condo

This property is a 303 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Bang Na, Bangkok and was completed in Nov 2017. You can buy this condo for a base price of ₿0.563 (₿0.002/Sqft) and it is also available for long term rentals starting from ₿0.002 per month.

For rent  sell CondoThe Excel Groove Lasalle 52 - Building A , 3 floor. Price 1,850,000Baht. For rent / sell: The Excel Groove Condo LaSalle 52 Sukhumvit 105 closed to BTS Bearing  1 Bedroom 1 Bathroom Size 28.15sq.m. 2 air conditioners, -10 mins From BTS Bearing - 15 mins From BTS Bangna - Near Mega Bangna   Fitness - Swimming pool - Parking - 24 hour security - CCTV security system -  key card access

Features

Corner UnitCorner Unit BalconyBalcony Renovated KitchenRenovated Kitchen MicrowaveMicrowave

Basic Information

Date Listed May 29, 2023
Updated 1 year ago
Property Type Condo
Floor 3
Bedroom Studio
Size 303 Sqft
Price per Sqft ₿0.002
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Unblocked Open 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 U1414422

Investment Opportunity: Charges & Yield

Sale Price
₿0.563
Rent
₿0.002/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Project Name: The Excel Groove
Construction: Completed (Nov 2017)
Floors: 8
Buildings: 2
Units: 232
Project Area: 34,445 Sqft
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 10 For Rent 2
Get notified when new homes are being added to The Excel Groove
View All (10)

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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

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Bang Na

Neighborhood Overview

Location and Neighborhood

Street View

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