Unit ID: U1368162
4% Rental Yield
Samrong Nuea, Mueang Samut Prakan,Samut Prakan
$176,000
2 Bedrooms
2
Bathrooms
700 Sqft
Size
21
Floor
Jan 2015
Completed

About This Condo

This property is a 700 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Samrong Nuea, Samut Prakan and was completed in Jan 2015. You can buy this condo for a base price of $176,000 ($252/Sqft) and it is also available for long term rentals starting from $578 per month.

Features

BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Apr 13, 2023
Updated 1 year ago
Property Type Condo
Floor 21
Bedrooms 2
Size 700 Sqft
Price per Sqft $252
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%.

N/A
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View, Unblocked Open 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1368162

Investment Opportunity: Charges & Yield

Sale Price
$176,000
Rent
$578/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.
25
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.
4%

Project Details

Project Name: The Gallery Bearing
Developer: The Urban Property
Construction: Completed (Jan 2015)
Floors: 27
Buildings: N/A
Units: 269
Project Area: 17,222 Sqft
Nearest Landmark Bearing BTS - 0.5 Km
Location: Samrong Nuea, Samut Prakan
The Gallery Bearing 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
BBQ Area BBQ Area
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area

Available Units at The Gallery Bearing

For Sale 8 For Rent 6
Get notified when new homes are being added to The Gallery Bearing
View All (8)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Gallery Bearing unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Bearing BTS is the nearest BTS Station from The Gallery Bearing and it is 0.5 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 Gallery Bearing 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 The Gallery Bearing

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
269
Sales Prices
$63.59K - $216.8K
▼ -5% underpriced
Monthly Rentals
$260 - $1.01K
Year Built
Jan 2015
Completion Status
Completed
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
276
Sales Prices
$43.36K - $170.55K
▼ -18% underpriced
Monthly Rentals
$347 - $578
Year Built
Dec 2014
Completion Status
Completed
Project Name
Fantasia Villa 2
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
67
Sales Prices
$604.15K
Monthly Rentals
$1.71K
Year Built
N/A
Completion Status
Completed
Location
Bang Na, Mueang Samut Prakan, Samut Prakan
Number of units
303
Sales Prices
$83.08K - $317.97K
▲ 10% overpriced
Monthly Rentals
$260 - $535
Year Built
Jan 2021
Completion Status
Completed
Project Name
The Knight II
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
55
Sales Prices
$57.81K - $92.5K
▼ -15.5% underpriced
Monthly Rentals
N/A
Year Built
May 2014
Completion Status
Completed
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
78
Sales Prices
$83.54K
Monthly Rentals
$434
Year Built
Jan 2022
Completion Status
Completed
Project Name
The Knight I
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
70
Sales Prices
$80.65K
▼ -27% underpriced
Monthly Rentals
N/A
Year Built
Nov 2013
Completion Status
Completed
Location
Bang Na, Mueang Samut Prakan, Samut Prakan
Number of units
237
Sales Prices
$67.93K - $80.65K
▲ 0.8% overpriced
Monthly Rentals
$390 - $434
Year Built
Sep 2022
Completion Status
Completed
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
78
Sales Prices
$83.54K
Monthly Rentals
$434
Year Built
N/A
Completion Status
Completed
Project Name
Cassia
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
77
Sales Prices
$54.92K - $126.03K
Monthly Rentals
$289
Year Built
Dec 2012
Completion Status
Completed
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