Unit ID: U1846978
3% Rental Yield
Thepharak, Mueang Samut Prakan,Samut Prakan
$118,000
2 Bedrooms
1
Bathroom
361 Sqft
Size
28
Floor
Jan 2020
Completed

About This Condo

This property is a 361 Sqft condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Thepharak, Samut Prakan and was completed in Jan 2020. You can buy this condo for a base price of $118,000 ($328/Sqft) and it is also available for long term rentals starting from $296 per month.

Features

Corner UnitCorner Unit BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed May 23, 2024
Updated 3 months ago
Property Type Condo
Floor 28
Bedrooms 2
Size 361 Sqft
Price per Sqft $328
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 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.
$42/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1846978

Investment Opportunity: Charges & Yield

Sale Price
$118,000
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.
$42/mo
Rent
$296/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.
33
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.
3%

Project Details

Developer: Origin Property
Construction: Completed (Jan 2020)
Floors: 38
Buildings: 1
Units: 1318
Project Area: 78,533 Sqft
Nearest Landmark Samrong BTS - 1.7 Km
Location: Thepharak, Samut Prakan
Kensington Sukhumvit – Thepharak 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
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Kensington Sukhumvit – Thepharak

  • Communal Pool
    5th Floor
  • Communal Gym
    5th Floor
  • Library / Reading Room
    Ground Floor
  • Communal Garden Area
    5th Floor

Available Units at Kensington Sukhumvit – Thepharak

For Sale 16 For Rent 12
Updated 3 weeks ago
Available Units at Kensington Sukhumvit – Thepharak
$64,700
$251/Sqft
Beds 1 Beds
Baths 1 Baths
Size 258 Sqft Size
Floor 35 Floor
Thai Quota Fully Furnished City View
Updated 3 weeks ago
Available Units at Kensington Sukhumvit – Thepharak
$51,700
$226/Sqft
Beds Studio Beds
Baths 1 Baths
Size 229 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Kensington Sukhumvit – Thepharak
$65,000
$257/Sqft
Beds 1 Beds
Baths 1 Baths
Size 253 Sqft Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Kensington Sukhumvit – Thepharak
$118,000
$328/Sqft
Beds 2 Beds
Baths 1 Baths
Size 361 Sqft Size
Floor 28 Floor
Thai Quota Fully Furnished City View
Available Units at Kensington Sukhumvit – Thepharak
$59,100
$229/Sqft
Beds 1 Beds
Baths 1 Baths
Size 258 Sqft Size
Floor 24 Floor
Thai Quota Fully Furnished City View
Available Units at Kensington Sukhumvit – Thepharak
$70,100
$207/Sqft
Beds 1 Beds
Baths 1 Baths
Size 339 Sqft Size
Floor 25 Floor
Thai Quota Fully Furnished City View
Available Units at Kensington Sukhumvit – Thepharak
$55,300
$245/Sqft
Beds 1 Beds
Baths 1 Baths
Size 226 Sqft Size
Floor 24 Floor
Fully Furnished City View
Available Units at Kensington Sukhumvit – Thepharak
$118,000
$203/Sqft
Beds 2 Beds
Baths 2 Baths
Size 581 Sqft Size
Floor 30 Floor
Thai Quota Fully Furnished City View
Available Units at Kensington Sukhumvit – Thepharak
$76,600
$233/Sqft
Great Price
Beds 2 Beds
Baths 1 Baths
Size 328 Sqft Size
Floor 14 Floor
Thai Quota Pool View
Available Units at Kensington Sukhumvit – Thepharak
$90,300
$271/Sqft
Good Price
Beds 1 Beds
Baths 1 Baths
Size 334 Sqft Size
Floor 22 Floor
Foreign Quota Unfurnished City View
Available Units at Kensington Sukhumvit – Thepharak
$55,900
$162/Sqft
Beds 1 Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished
Available Units at Kensington Sukhumvit – Thepharak
$79,800
$309/Sqft
Beds 1 Beds
Baths 1 Baths
Size 258 Sqft Size
Floor 26 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Kensington Sukhumvit – Thepharak
$58,800
$248/Sqft
Good Price
Beds 1 Beds
Baths 1 Baths
Size 237 Sqft Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Kensington Sukhumvit – Thepharak
$93,700
$272/Sqft
Beds 2 Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 26 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Kensington Sukhumvit – Thepharak
$76,100
$228/Sqft
Beds 2 Beds
Baths 1 Baths
Size 334 Sqft Size
Floor 16 Floor
Thai Quota Fully Furnished City View
Available Units at Kensington Sukhumvit – Thepharak
$70,900
$273/Sqft
Beds 1 Beds
Baths 1 Baths
Size 260 Sqft Size
Floor 38 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to Kensington Sukhumvit – Thepharak
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Loan Calculator

Frequently Asked Questions

No pets are allowed at Kensington Sukhumvit – Thepharak 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 $42 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 Kensington Sukhumvit – Thepharak the required payment for the sinking fund is $12 per square meter based on the size of the indoor area of the property.
Samrong BTS is the nearest BTS Station from Kensington Sukhumvit – Thepharak and it is 1.7 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 Kensington Sukhumvit – Thepharak you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Term Payment
Installment Milestone Payment
Reservation Deposit
Immediately
$2,960
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

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Samut Prakan
Thepharak

Neighborhood Overview

Location and Neighborhood

Street View

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Year Built
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Location
Thepharak, Mueang Samut Prakan, Samut Prakan
Number of units
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$76.01K - $196.84K
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Year Built
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Thepharak, Mueang Samut Prakan, Samut Prakan
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Year Built
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Thepharak, Mueang Samut Prakan, Samut Prakan
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