Unit ID: U1838120
1,200% Rental Yield
Pak Nam, Mueang Samut Prakan,Samut Prakan
$47,300
1 Bedroom
1
Bathroom
305 Sqft
Size
16
Floor
Nov 2017
Completed

About This Condo

This property is a 305 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Pak Nam, Samut Prakan and was completed in Nov 2017. You can buy this condo for a base price of $47,300 ($155/Sqft) and it is also available for long term rentals starting from $47,300 per month.

Features

Private LiftPrivate Lift Private PoolPrivate Pool Pool AccessPool Access Rooftop TerraceRooftop Terrace Garden AccessGarden Access Covered ParkingCovered Parking Wifi IncludedWifi Included Washing MachineWashing Machine MicrowaveMicrowave OvenOven Direct access to BTS/MRTDirect access to BTS/MRT Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed May 16, 2024
Updated 5 months ago
Property Type Condo
Floor 16
Bedroom 1
Size 305 Sqft
Price per Sqft $155
Pets N/A
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%.

Leasehold
Furniture
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) Park View, City View, Pool 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.
$24/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1838120

Investment Opportunity: Charges & Yield

Sale Price
$47,300
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.
$24/mo
Rent
$47,300/mo
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.
1,200%

Project Details

Developer: Narai Property
Construction: Completed (Nov 2017)
Floors: 17
Buildings: N/A
Units: 667
Project Area: N/A
Nearest Landmark Pak Nam BTS - 0.2 Km
Location: Pak Nam, Samut Prakan
The Parkland Lite Sukhumvit - Paknam 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

Available Units at The Parkland Lite Sukhumvit - Paknam

For Sale 3 For Rent 2
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Frequently Asked Questions

The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $24 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 The Parkland Lite Sukhumvit - Paknam the required payment for the sinking fund is $9 per square meter based on the size of the indoor area of the property.
Pak Nam BTS is the nearest BTS Station from The Parkland Lite Sukhumvit - Paknam and it is 0.2 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 Parkland Lite Sukhumvit - Paknam 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
Pak Nam

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Parkland Lite Sukhumvit - Paknam

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Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Monthly Rentals
Year Built
Completion Status
Location
Pak Nam, Mueang Samut Prakan, Samut Prakan
Number of units
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Sales Prices
$50.53K - $261.57K
▼ -13.5% underpriced
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Pak Nam, Mueang Samut Prakan, Samut Prakan
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▼ -5% underpriced
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Completed
Location
Pak Nam, Mueang Samut Prakan, Samut Prakan
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Completion Status
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Pak Nam, Mueang Samut Prakan, Samut Prakan
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Year Built
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