Unit ID: U1740062
5% Rental Yield
Pak Nam, Mueang Samut Prakan,Samut Prakan
$83,500
1 Bedroom
1
Bathroom
349 Sqft
Size
30
Floor
Feb 2022
Completed

About This Condo

This property is a 349 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Pak Nam, Samut Prakan and was completed in Feb 2022. You can buy this condo for a base price of $83,500 ($240/Sqft).

Features

Wet BarWet Bar BalconyBalcony

Basic Information

Date Listed Feb 20, 2024
Updated N/A
Property Type Condo
Floor 30
Bedroom 1
Size 349 Sqft
Price per Sqft $240
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
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 1 Bedroom
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.
$37/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1740062

Investment Opportunity: Charges & Yield

Sale Price
$83,500
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.
19
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 Aspire Erawan Prime, and the current sales price.
5%

Project Details

Project Name: Aspire Erawan Prime
Developer: AP (Thailand)
Construction: Completed (Feb 2022)
Floors: 30
Buildings: 1
Units: 1275
Project Area: 110,373 Sqft
Nearest Landmark Chang Erawan BTS - 0.1 Km
Location: Pak Nam, Samut Prakan
Aspire Erawan Prime Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Basketball Court Basketball Court
Yoga Area Yoga Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Indoor Games Room Indoor Games Room
Mini Theater Mini Theater
Kids Pool Kids Pool
Lounge Lounge
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning

Popular Facilities at Aspire Erawan Prime

  • Reception / Lobby Area
    1st Floor
  • Co-Working Space / Meeting Room
    1st Floor
  • Communal Pool
    2nd Floor
  • Lounge
    7th Floor
  • Mini Theater
    7th Floor
  • Communal Garden Area
    1st Floor
  • Basketball Court
    Ground Floor
  • Pool / Snooker Table
    7th Floor

Available Units at Aspire Erawan Prime

For Sale 60 For Rent 16
Available Units at Aspire Erawan Prime
$80,000
$231/Sqft
Beds 1 Beds
Baths 1 Baths
Size 346 Sqft Size
Floor 24 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$69,200
$238/Sqft
Beds Studio Beds
Baths 1 Baths
Size 291 Sqft Size
Floor 3 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$80,300$85,500
$232/Sqft
Beds 1 Beds
Baths 1 Baths
Size 346 Sqft Size
Floor 28 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$81,800
$236/Sqft
Beds 1 Beds
Baths 1 Baths
Size 347 Sqft Size
Floor 10 Floor
Thai Quota Fully Furnished City View
Available Units at Aspire Erawan Prime
$114,000
$230/Sqft
Beds 2 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 18 Floor
Foreign Quota Fully Furnished Unblocked Open View
Available Units at Aspire Erawan Prime
$69,300
$238/Sqft
Beds Studio Beds
Baths 1 Baths
Size 291 Sqft Size
Floor 5 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$105,000
$279/Sqft
Beds 2 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 24 Floor
Thai Quota Partly Furnished Lake View
Available Units at Aspire Erawan Prime
$67,200
$201/Sqft
Beds 1 Beds
Baths 1 Baths
Size 334 Sqft Size
Floor 29 Floor
Thai Quota Fully Furnished City View
Available Units at Aspire Erawan Prime
$80,300
$232/Sqft
Beds 1 Beds
Baths 1 Baths
Size 346 Sqft Size
Floor 29 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$70,300
$239/Sqft
Beds Studio Beds
Baths 1 Baths
Size 294 Sqft Size
Floor 4 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$58,100
$200/Sqft
Beds 1 Beds
Baths 1 Baths
Size 291 Sqft Size
Floor 12 Floor
Available Units at Aspire Erawan Prime
$80,600$85,800
$233/Sqft
Beds 1 Beds
Baths 1 Baths
Size 346 Sqft Size
Floor 30 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$80,600$85,800
$233/Sqft
Beds 1 Beds
Baths 1 Baths
Size 346 Sqft Size
Floor 30 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$83,000
$240/Sqft
Beds 1 Beds
Baths 1 Baths
Size 346 Sqft Size
Floor 30 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$83,100
$239/Sqft
Beds 1 Beds
Baths 1 Baths
Size 347 Sqft Size
Floor 28 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$83,100
$239/Sqft
Beds 1 Beds
Baths 1 Baths
Size 347 Sqft Size
Floor 29 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$83,100
$240/Sqft
Beds 1 Beds
Baths 1 Baths
Size 347 Sqft Size
Floor 30 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$83,200
$239/Sqft
Beds 1 Beds
Baths 1 Baths
Size 349 Sqft Size
Floor 28 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$83,300
$241/Sqft
Beds 1 Beds
Baths 1 Baths
Size 346 Sqft Size
Floor 23 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$83,500
$240/Sqft
Beds 1 Beds
Baths 1 Baths
Size 349 Sqft Size
Floor 30 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$84,000
$243/Sqft
Beds 1 Beds
Baths 1 Baths
Size 346 Sqft Size
Floor 29 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$87,500
$253/Sqft
Beds 1 Beds
Baths 1 Baths
Size 346 Sqft Size
Floor 23 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$87,500
$253/Sqft
Beds 1 Beds
Baths 1 Baths
Size 346 Sqft Size
Floor 22 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$87,500
$231/Sqft
Beds 1 Beds
Baths 1 Baths
Size 379 Sqft Size
Floor 3 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$87,800
$253/Sqft
Beds 1 Beds
Baths 1 Baths
Size 347 Sqft Size
Floor 23 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$87,800
$253/Sqft
Beds 1 Beds
Baths 1 Baths
Size 347 Sqft Size
Floor 22 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$88,100
$254/Sqft
Beds 1 Beds
Baths 1 Baths
Size 347 Sqft Size
Floor 24 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$87,800
$254/Sqft
Beds 1 Beds
Baths 1 Baths
Size 346 Sqft Size
Floor 26 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$88,200
$255/Sqft
Beds 1 Beds
Baths 1 Baths
Size 346 Sqft Size
Floor 27 Floor
Foreign Quota City View
Available Units at Aspire Erawan Prime
$88,100
$254/Sqft
Beds 1 Beds
Baths 1 Baths
Size 347 Sqft Size
Floor 26 Floor
Foreign Quota City View
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Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
$1,460
1st Installment
On completion
100%

Frequently Asked Questions

No pets are allowed at Aspire Erawan Prime 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 Aspire Erawan Prime the required payment for the sinking fund is $12 per square meter based on the size of the indoor area of the property.
Chang Erawan BTS is the nearest BTS Station from Aspire Erawan Prime and it is 0.1 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 Aspire Erawan Prime 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
$1,460
1st Installment
On completion
100%

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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Samut Prakan
Pak Nam

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Aspire Erawan Prime

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Aspire Erawan
Location
Pak Nam, Mueang Samut Prakan, Samut Prakan
Number of units
1576
Sales Prices
$58.43K - $102.25K
▼ -19.8% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Location
Pak Nam, Mueang Samut Prakan, Samut Prakan
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