Unit ID: U263113
6% Rental Yield
Bang Mueang Mai, Mueang Samut Prakan,Samut Prakan
฿2,000,000 Great Price
2 Bedrooms
1
Bathroom
50 SqM
Size
2
Floor
Jan 2010
Completed

About This Condo

This property is a 50 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the The Seasons Srinakarin project in Bang Mueang Mai, Samut Prakan and was completed in Jan 2010. You can buy this condo for a base price of ฿2,000,000 (฿40,000/SqM).

Features

BalconyBalcony Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Dec 16, 2019
Updated 3 years ago
Property Type Condo
Floor 2
Bedrooms 2
Size 50 SqM
Price per SqM ฿40,000
Pets N/A
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Thai Quota
Furniture
Unfurnished
View(s) Pool 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 U263113

Price Analysis

Great Price
Estimated market value ฿3,846,634
Great
฿3,710,000
Good
Fair
Above
฿3,930,000
Current asking Price: ฿2,000,000 | Rental estimate: ฿10,600/mo
This condo is ฿1,846,634 BELOW MARKET (-48%) in the Samut Prakan area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿2,000,000
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.
16
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 The Seasons Srinakarin, and the current sales price.
6%

Project Details

Project Name: The Seasons Srinakarin
Construction: Completed (Jan 2010)
Floors: 8
Buildings: N/A
Units: 550
Project Area: N/A
Nearest Landmark Royal Thai Naval Academy BTS - 7.5 Km
Location: Bang Mueang Mai, Samut Prakan
The Seasons Srinakarin Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at The Seasons Srinakarin

For Sale 2 For Rent 1
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Frequently Asked Questions

Royal Thai Naval Academy BTS is the nearest BTS Station from The Seasons Srinakarin and it is 7.5 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 Seasons Srinakarin 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Samut Prakan
Bang Mueang Mai

Neighborhood Overview

Location and Neighborhood

Street View

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