Unit ID: U1362998
8% Rental Yield
Samrong, Phra Pradaeng,Samut Prakan
$151,000
4 Bedrooms
3
Bathrooms
1,281 Sqft
Indoor Area
2
Storeys
Jan 2020
Completed

About This House

This property is a 1,281 Sqft house with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Samrong, Samut Prakan and was completed in Jan 2020. You can buy this house for a base price of $151,000 ($118/Sqft) and it is also available for long term rentals starting from $1,020 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen Washing MachineWashing Machine OvenOven TVTV

Basic Information

Date Listed Jan 11, 2023
Updated 7 months ago
Property Type House (Single Detached)
Storeys 2
Location Samrong, Samut Prakan
Bedrooms 4
Nearest Landmark Samrong BTS -1.4 Km
Indoor Area 1,281 Sqft
Price per Sqft $118
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size N/A
Pets Cats and Dogs (small only)
House Ownership

Foreign nationals can own the building (house) in their own name, but not the land that it stands on.

N/A
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

N/A
Land Title Deed N/A
Construction Completed (Jan 2020)
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) Garden View
Unit Type N/A
Parking Spots 2
Pool Size 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 U1362998

Investment Opportunity: Charges & Yield

Sale Price
$151,000
Rent
$1,020/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.
12
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.
8%

Project Details

Developer: N/A
Construction: Completed (Jan 2020)
Units: 282
Project Area: N/A
Nearest Landmark Samrong BTS - 1.4 Km
Location: Samrong, Samut Prakan
Golden Town Sukhumvit-Bearing BTS Station Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Available Units at Golden Town Sukhumvit-Bearing BTS Station

For Sale 1 For Rent 3
Get notified when new homes are being added to Golden Town Sukhumvit-Bearing BTS Station
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Frequently Asked Questions

All kind of pets are allowed at Golden Town Sukhumvit-Bearing BTS Station including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Samrong BTS is the nearest BTS Station from Golden Town Sukhumvit-Bearing BTS Station and it is 1.4 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at Golden Town Sukhumvit-Bearing BTS Station you have to follow these steps:

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


Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

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 Golden Town Sukhumvit-Bearing BTS Station

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
897
Sales Prices
$33.22K - $92.44K
▼ -20.3% underpriced
Monthly Rentals
$188 - $462
Year Built
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Completion Status
Completed
Location
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Completed
Location
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Year Built
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Completion Status
Completed
Location
Samrong, Phra Pradaeng, Samut Prakan
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$38.42K - $53.73K
Monthly Rentals
$188 - $246
Year Built
Jan 2017
Completion Status
Completed
Location
Samrong Nuea, Phra Pradaeng, Samut Prakan
Number of units
410
Sales Prices
$47.66K - $103.99K
Monthly Rentals
$225 - $491
Year Built
Jan 2019
Completion Status
Completed
Location
Samrong Klang, Phra Pradaeng, Samut Prakan
Number of units
308
Sales Prices
$23.08K
Monthly Rentals
N/A
Year Built
Jan 2010
Completion Status
Completed
Project Name
Unio Sukhumvit 72
Location
Samrong Nuea, Phra Pradaeng, Samut Prakan
Number of units
984
Sales Prices
$40.44K - $199.32K
▼ -10.7% underpriced
Monthly Rentals
$188 - $1.01K
Year Built
Aug 2019
Completion Status
Completed
Location
Samrong Nuea, Phra Pradaeng, Samut Prakan
Number of units
992
Sales Prices
$43.33K - $155.7K
▼ -13.4% underpriced
Monthly Rentals
$217 - $376
Year Built
Dec 2019
Completion Status
Completed
Location
Samrong Nuea, Phra Pradaeng, Samut Prakan
Number of units
69
Sales Prices
$66.15K - $118.43K
Monthly Rentals
N/A
Year Built
Dec 2023
Completion Status
Completed
Location
Samrong, Phra Pradaeng, Samut Prakan
Number of units
180
Sales Prices
$74.39K
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
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