Unit ID: U1729634
5% Rental Yield
Pak Nam, Mueang Samut Prakan,Samut Prakan
$72,400
2 Bedrooms
1
Bathroom
388 Sqft
Size
28
Floor
Aug 2017
Completed

About This Condo

This property is a 388 Sqft condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Pak Nam, Samut Prakan and was completed in Aug 2017. You can buy this condo for a base price of $72,400 ($187/Sqft).

Features

Media Room/CinemaMedia Room/Cinema Pool AccessPool Access Rooftop TerraceRooftop Terrace Garden AccessGarden Access Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Direct access to BTS/MRTDirect access to BTS/MRT

Basic Information

Date Listed Feb 6, 2024
Updated 8 months ago
Property Type Condo
Floor 28
Bedrooms 2
Size 388 Sqft
Price per Sqft $187
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) City View
Unit Type N/A
Building Aspire Erawan
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 U1729634

Investment Opportunity: Charges & Yield

Sale Price
$72,400
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.
20
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 2 bedroom condos at Aspire Erawan, and the current sales price.
5%

Project Details

Project Name: Aspire Erawan
Developer: AP (Thailand)
Construction: Completed (Aug 2017)
Floors: 31
Buildings: 1
Units: 1576
Project Area: 111,493 Sqft
Nearest Landmark Chang Erawan BTS
Location: Pak Nam, Samut Prakan
Aspire Erawan 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
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Aspire Erawan

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    5th Floor
  • Communal Gym
    5th Floor
  • Communal Garden Area
    31st Floor
  • Co-Working Space / Meeting Room
    5th Floor

Available Units at Aspire Erawan

For Sale 15 For Rent 12
Updated 3 weeks ago
Available Units at Aspire Erawan
$85,700
$257/Sqft
Beds 1 Beds
Baths 1 Baths
Size 334 Sqft Size
Floor 13 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Aspire Erawan
$85,700
$265/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Updated 3 weeks ago
Available Units at Aspire Erawan
$62,100
$156/Sqft
Beds 2 Beds
Baths 1 Baths
Size 398 Sqft Size
Floor 7 Floor
Thai Quota Fully Furnished City View
Available Units at Aspire Erawan
$59,100
$157/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 17 Floor
Fully Furnished
Available Units at Aspire Erawan
$103,000
$275/Sqft
Beds 2 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 24 Floor
Thai Quota Fully Furnished Pool View
Available Units at Aspire Erawan
$72,400
$187/Sqft
Beds 2 Beds
Baths 1 Baths
Size 388 Sqft Size
Floor 28 Floor
Thai Quota Fully Furnished City View
Available Units at Aspire Erawan
$67,700
$217/Sqft
Beds 1 Beds
Baths 1 Baths
Size 312 Sqft Size
Floor 28 Floor
Thai Quota Fully Furnished City View
Available Units at Aspire Erawan
$84,300
$212/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 398 Sqft Size
Floor 22 Floor
Foreign Quota Fully Furnished City View
Available Units at Aspire Erawan
$70,900
$188/Sqft
Great Price
Beds 2 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 9 Floor
Thai Quota Partly Furnished City View
Available Units at Aspire Erawan
$85,700
$228/Sqft
Great Price
Beds 2 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 29 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Aspire Erawan
$76,900
$204/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 29 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Aspire Erawan
$65,000
$208/Sqft
Good Price
Beds 1 Beds
Baths 1 Baths
Size 312 Sqft Size
Floor 20 Floor
Thai Quota Fully Furnished City View
Available Units at Aspire Erawan
$64,700
$200/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 29 Floor
Fully Furnished Garden View
Available Units at Aspire Erawan
$67,000
$207/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 15 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Aspire Erawan
$70,900
$213/Sqft
Beds 1 Beds
Baths 1 Baths
Size 334 Sqft Size
Floor 28 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Aspire Erawan
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Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
$1,480
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at Aspire Erawan 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 Aspire Erawan the required payment for the sinking fund is $10 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 and it is 0 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 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
$1,480
1st Installment
Upon contract signing
30%
2nd Installment
On handover
70%

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

Reviews

4.7 out of 5
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great condo in a gentrified area
Condo Mundi, France, Former Resident, 11 months ago
This condo has an amazing rooftop, and overall the rooms and layout are comfortable. It is suitable for both residence and investment. The whole area has been upgrade significantly, and the condo is right in front of the BTS station. Only 20 minutes to Asok by BTS, and the MRT yellow line connects with Airport Rail Link which makes the place very conveniently located.
Condo in a quiet atmosphere. Less than 3 minutes walk to BTS
Tana Arango, Mexico, 4 years ago
I bought this place because I wanted to stay in a quiet atmosphere. This condo is far from the crowded area in the city but still in a convenient location. From here, it is less than 3 minutes walk to the BTS station, which is very close and affordable. The common facilities are clean, and there is a 7-Eleven downstairs. The rooftop offers a stunning view of the Chao Phraya River curve. The rooms are a good size for 2 people, I suggest buying a room that is a little bigger if you need more space. But overall, it's worth it.
It’s a decent condo
Peter Jacob, Australia, 5 years ago
It’s a decent condo at an affordable price. This place is suitable for both residential and investment. Personally, I bought it to live by myself. My room is a one-bedroom room. The size is decent with full furniture with good quality for the price. My room is on the 30th floor, the view from the room overlooking the Chao Phraya river bend, which is exclusive. With more than a thousand units within the project, sometimes the passenger elevators or the parking lot is not enough for the residents. The location is okay, not far from BTS Chang Erawan, making it easy to travel anywhere.
It is a very attractive condo to invest.
Supakorn Mahisornpisan, Thailand, 6 years ago
It is a lovely condo to invest in because the location is not as busy as in the capital city, Bangkok. It is very comfortable to travel because it is next to Sukhumvit Road and Chang Erawan BTS. It makes commuting easy. The project also has a 7-11 for 24 hours. As for the one-bedroom type I bought for investment, the price was only 2 million. It is considered not expensive at all. The view from the room is the Chao Phraya River curve; the atmosphere is superb. In my room, space is well divided into decent zones. The furniture is complete. Besides, the project also has a swimming pool, a fitness center, gardens, and a security system. It's complete with everything. If you don't stay here, renting it out is a good choice.
Samut Prakan
Pak Nam

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Aspire Erawan

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
Pak Nam, Mueang Samut Prakan, Samut Prakan
Number of units
1275
Sales Prices
$58.74K - $115.11K
▼ -11% underpriced
Monthly Rentals
$236 - $587
Year Built
Feb 2022
Completion Status
Completed
Location
Pak Nam, Mueang Samut Prakan, Samut Prakan
Number of units
1570
Sales Prices
$52.83K - $141.67K
▼ -5% underpriced
Monthly Rentals
$233 - $295
Year Built
Jan 2017
Completion Status
Completed
Location
Pak Nam, Mueang Samut Prakan, Samut Prakan
Number of units
160
Sales Prices
$24.2K
Monthly Rentals
$89
Year Built
Jan 1998
Completion Status
Completed
Location
Samrong Tai, Mueang Samut Prakan, Samut Prakan
Number of units
363
Sales Prices
$51.65K - $54.6K
Monthly Rentals
$236
Year Built
Jan 2016
Completion Status
Completed
Location
Bang Mueang Mai, Mueang Samut Prakan, Samut Prakan
Number of units
1099
Sales Prices
$58.47K - $130.93K
▼ -6.4% underpriced
Monthly Rentals
$221 - $649
Year Built
Apr 2022
Completion Status
Completed
Location
Thepharak, Mueang Samut Prakan, Samut Prakan
Number of units
156
Sales Prices
$38.37K - $67.59K
Monthly Rentals
$192 - $295
Year Built
Jan 2020
Completion Status
Completed
Location
Thepharak, Mueang Samut Prakan, Samut Prakan
Number of units
N/A
Sales Prices
$8.85K - $73.79K
Monthly Rentals
N/A
Year Built
Dec 1997
Completion Status
Completed
Location
Thepharak, Mueang Samut Prakan, Samut Prakan
Number of units
310
Sales Prices
$38.37K - $75.26K
▼ -31.5% underpriced
Monthly Rentals
N/A
Year Built
Jul 2016
Completion Status
Completed
Location
Thepharak, Mueang Samut Prakan, Samut Prakan
Number of units
998
Sales Prices
$49.88K - $156.43K
▼ -13.8% underpriced
Monthly Rentals
$233 - $944
Year Built
Jul 2017
Completion Status
Completed
Location
Thepharak, Mueang Samut Prakan, Samut Prakan
Number of units
77
Sales Prices
$45.75K
Monthly Rentals
N/A
Year Built
Sep 2020
Completion Status
Completed
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