Unit ID: U1930857
5% Rental Yield
Samrong Tai, Phra Pradaeng,Samut Prakan
฿1,750,000
Studio Bedroom
1
Bathroom
26.72 SqM
Size
8
Floor
Jan 2016
Completed

About This Condo

This property is a 26.72 SqM studio condo with 1 bathroom that is available for sale. It is part of the Tropicana Condominium project in Samrong Tai, Samut Prakan and was completed in Jan 2016. You can buy this condo for a base price of ฿1,750,000 (฿65,494/SqM).

Basic Information

Date Listed Sep 9, 2024
Updated 1 week ago
Property Type Condo
Floor 8
Bedroom Studio
Size 26.72 SqM
Price per SqM ฿65,494
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
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
Unit Type N/A
Building Building B
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 U1930857

Investment Opportunity: Charges & Yield

Sale Price
฿1,750,000
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.
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 studio condos at Tropicana Condominium, and the current sales price.
5%

Project Details

Project Name: Tropicana Condominium
Developer: Origin Property
Construction: Completed (Jan 2016)
Floors: 8
Buildings: 2
Units: 363
Project Area: 97 SqM
Nearest Landmark Chang Erawan BTS - 0.9 Km
Location: Samrong Tai, Samut Prakan
Tropicana Condominium Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Tropicana Condominium

For Sale 2 For Rent 1
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Frequently Asked Questions

No pets are allowed at Tropicana Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chang Erawan BTS is the nearest BTS Station from Tropicana Condominium and it is 0.9 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 Tropicana Condominium 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 Tai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Tropicana Condominium

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
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Location
Pak Nam, Phra Pradaeng, Samut Prakan
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฿7.89K - ฿32K
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Completion Status
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Location
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Number of units
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฿2.05M - ฿4.8M
▼ -5% underpriced
Monthly Rentals
฿7.89K - ฿9.99K
Year Built
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Completion Status
Completed
Location
Thepharak, Phra Pradaeng, Samut Prakan
Number of units
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Sales Prices
฿2.7M - ฿4.09M
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฿8.99K - ฿16K
Year Built
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Completion Status
Completed
Location
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Number of units
310
Sales Prices
฿1.3M - ฿2.55M
▼ -31.5% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Thepharak, Phra Pradaeng, Samut Prakan
Number of units
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Sales Prices
฿1.3M - ฿2.29M
Monthly Rentals
฿6.49K - ฿9.99K
Year Built
Jan 2020
Completion Status
Completed
Location
Thepharak, Phra Pradaeng, Samut Prakan
Number of units
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Sales Prices
฿1.55M
Monthly Rentals
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Year Built
Sep 2020
Completion Status
Completed
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