Unit ID: U1738006
7% Rental Yield
Samrong Nuea, Mueang Samut Prakan,Samut Prakan
฿2,090,000
1 Bedroom
1
Bathroom
35 SqM
Size
15
Floor
Jan 2015
Completed

About This Condo

This property is a 35 SqM condo with 1 bedroom and 1 bathroom 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 ฿2,090,000 (฿59,714/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Feb 17, 2024
Updated 10 months ago
Property Type Condo
Floor 15
Bedroom 1
Size 35 SqM
Price per SqM ฿59,714
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%.

Foreign Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) 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.
฿1,412/mo
Listed By
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1738006

Investment Opportunity: Charges & Yield

Sale Price
฿2,090,000
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.
฿1,412/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.
15
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 1 bedroom condos at The Gallery Bearing, and the current sales price.
7%

Project Details

Project Name: The Gallery Bearing
Developer: The Urban Property
Construction: Completed (Jan 2015)
Floors: 27
Buildings: N/A
Units: 269
Project Area: 1,600 SqM
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
฿2.2M - ฿7.5M
▼ -5% underpriced
Monthly Rentals
฿9K - ฿35K
Year Built
Jan 2015
Completion Status
Completed
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
276
Sales Prices
฿1.5M - ฿5.9M
▼ -18% underpriced
Monthly Rentals
฿12K - ฿20K
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
฿20.9M
Monthly Rentals
฿59K
Year Built
N/A
Completion Status
Completed
Location
Bang Na, Mueang Samut Prakan, Samut Prakan
Number of units
303
Sales Prices
฿2.87M - ฿11M
▲ 10% overpriced
Monthly Rentals
฿9K - ฿18.5K
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
฿2M - ฿3.2M
▼ -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
฿2.89M
Monthly Rentals
฿15K
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
฿2.79M
▼ -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
฿2.35M - ฿2.79M
▲ 0.8% overpriced
Monthly Rentals
฿13.5K - ฿15K
Year Built
Sep 2022
Completion Status
Completed
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
78
Sales Prices
฿2.89M
Monthly Rentals
฿15K
Year Built
N/A
Completion Status
Completed
Project Name
Cassia
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
77
Sales Prices
฿1.9M - ฿4.36M
Monthly Rentals
฿10K
Year Built
Dec 2012
Completion Status
Completed
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