Unit ID: U603298
5% Rental Yield
Samrong Nuea, Mueang Samut Prakan,Samut Prakan
$55,700 Great Price
1 Bedroom
1
Bathroom
303 Sqft
Size
6
Floor
Mar 2018
Completed

About This Condo

This property is a 303 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Samrong Nuea, Samut Prakan and was completed in Mar 2018. You can buy this condo for a base price of $55,700 ($184/Sqft).

Features

BalconyBalcony

Basic Information

Date Listed Jun 1, 2020
Updated 4 years ago
Property Type Condo
Floor 6
Bedroom 1
Size 303 Sqft
Price per Sqft $184
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, Thai Quota, Company
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 1BR
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.
$35/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U603298

Investment Opportunity: Charges & Yield

Sale Price
$55,700
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.
$35/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 Niche ID Sukhumvit 113, and the current sales price.
5%

Project Details

Project Name: Niche ID Sukhumvit 113
Developer: Sena Development
Construction: Completed (Mar 2018)
Floors: 8
Buildings: N/A
Units: 366
Project Area: N/A
Nearest Landmark Samrong BTS - 0.6 Km
Location: Samrong Nuea, Samut Prakan
Niche ID Sukhumvit 113 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

Available Units at Niche ID Sukhumvit 113

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Frequently Asked Questions

No pets are allowed at Niche ID Sukhumvit 113 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 $35 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 Niche ID Sukhumvit 113 the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
Samrong BTS is the nearest BTS Station from Niche ID Sukhumvit 113 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 Niche ID Sukhumvit 113 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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Samut Prakan
Samrong Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Niche ID Sukhumvit 113

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
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
785
Sales Prices
$40.9K - $69.24K
Monthly Rentals
$207 - $263
Year Built
Jan 2018
Completion Status
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Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
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Sales Prices
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▼ -33% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
Thepharak, Mueang Samut Prakan, Samut Prakan
Number of units
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Sales Prices
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Completion Status
Off Plan
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
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$46.74K - $58.43K
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Year Built
Jan 2017
Completion Status
Completed
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
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Sales Prices
$37.69K - $61.35K
▼ -27% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Thepharak, Mueang Samut Prakan, Samut Prakan
Number of units
1721
Sales Prices
$80.34K - $183.4K
▼ -7.7% underpriced
Monthly Rentals
$292 - $1.46K
Year Built
Dec 2017
Completion Status
Completed
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
154
Sales Prices
$239.56K - $260.01K
Monthly Rentals
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Year Built
Dec 2020
Completion Status
Completed
Location
Thepharak, Mueang Samut Prakan, Samut Prakan
Number of units
490
Sales Prices
$54.57K - $89.1K
Monthly Rentals
N/A
Year Built
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Completion Status
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Project Name
Sense of London
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
162
Sales Prices
$35.06K - $94.95K
▼ -50% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
375
Sales Prices
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▼ -37% underpriced
Monthly Rentals
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Year Built
Apr 2013
Completion Status
Completed
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