Unit ID: U1862238
5% Rental Yield
Samrong, Phra Pradaeng,Samut Prakan
$55,000
1 Bedroom
1
Bathroom
303 Sqft
Size
8
Floor
Jan 2017
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, Samut Prakan and was completed in Jan 2017. You can buy this condo for a base price of $55,000 ($181/Sqft) and it is also available for long term rentals starting from $222 per month.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Jun 6, 2024
Updated 4 months ago
Property Type Condo
Floor 8
Bedroom 1
Size 303 Sqft
Price per Sqft $181
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
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) Pool View, Blocked View
Unit Type N/A
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.
$32/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1862238

Investment Opportunity: Charges & Yield

Sale Price
$55,000
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.
$32/mo
Rent
$222/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.
21
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

Developer: Origin Property
Construction: Completed (Jan 2017)
Floors: 8
Buildings: N/A
Units: 719
Project Area: 51,667 Sqft
Nearest Landmark Samrong BTS - 0.8 Km
Location: Samrong, Samut Prakan
The Cabana Modern Resort Condominium Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Yoga Area Yoga Area
BBQ Area BBQ Area
Library / Reading Room Library / Reading Room
Lounge Lounge
Communal Garden Area Communal Garden Area

Available Units at The Cabana Modern Resort Condominium

For Sale 6 For Rent 4
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Frequently Asked Questions

No pets are allowed at The Cabana Modern Resort Condominium 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 $32 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 Cabana Modern Resort Condominium the required payment for the sinking fund is $11 per square meter based on the size of the indoor area of the property.
Samrong BTS is the nearest BTS Station from The Cabana Modern Resort Condominium and it is 0.8 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 Cabana Modern Resort Condominium 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

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Cabana Modern Resort Condominium

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, Phra Pradaeng, Samut Prakan
Number of units
81
Sales Prices
$150.53K - $250.88K
Monthly Rentals
$797
Year Built
Jan 2017
Completion Status
Completed
Location
Samrong, Phra Pradaeng, Samut Prakan
Number of units
375
Sales Prices
$73.79K
Monthly Rentals
N/A
Year Built
May 2020
Completion Status
Completed
Location
Samrong Nuea, Phra Pradaeng, Samut Prakan
Number of units
410
Sales Prices
$48.7K - $103.3K
Monthly Rentals
$230 - $502
Year Built
Jan 2019
Completion Status
Completed
Location
Samrong Nuea, Phra Pradaeng, Samut Prakan
Number of units
156
Sales Prices
$50.18K - $59.03K
Monthly Rentals
$295
Year Built
Jan 2017
Completion Status
Completed
Location
Samrong, Phra Pradaeng, Samut Prakan
Number of units
282
Sales Prices
$153.48K
Monthly Rentals
$797 - $1.03K
Year Built
Jan 2020
Completion Status
Completed
Location
Samrong Nuea, Phra Pradaeng, Samut Prakan
Number of units
69
Sales Prices
$67.59K - $121K
Monthly Rentals
N/A
Year Built
Dec 2023
Completion Status
Completed
Project Name
Unio Sukhumvit 72
Location
Samrong Nuea, Phra Pradaeng, Samut Prakan
Number of units
984
Sales Prices
$41.32K - $203.65K
▼ -10.7% underpriced
Monthly Rentals
$192 - $1.03K
Year Built
Aug 2019
Completion Status
Completed
Location
Samrong Nuea, Phra Pradaeng, Samut Prakan
Number of units
992
Sales Prices
$44.27K - $159.09K
▼ -13.4% underpriced
Monthly Rentals
$221 - $384
Year Built
Dec 2019
Completion Status
Completed
Location
Thepharak, Phra Pradaeng, Samut Prakan
Number of units
1721
Sales Prices
$81.17K - $165.4K
▼ -7.7% underpriced
Monthly Rentals
$295 - $1.48K
Year Built
Dec 2017
Completion Status
Completed
Project Name
Very Sukhumvit 72
Location
Samrong Nuea, Phra Pradaeng, Samut Prakan
Number of units
68
Sales Prices
$49.88K - $78.81K
Monthly Rentals
$325
Year Built
Jan 2014
Completion Status
Completed
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