The Gallery Condominium

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Samrong Nuea, Mueang Samut Prakan,Samut Prakan

Unit ID: U639028
4% Rental Yield
฿7,650,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
68 SqM Size
Floors
24 Floor
Construction
Jan 2015 Completed

2 Bedroom Condo for sale at The Gallery Condominium

This property is a 68 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Gallery Condominium project in Samrong Nuea, Samut Prakan and was completed in Jan 2015. You can buy this condo for a base price of ฿7,650,000 (฿112,500/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

Spacious top floor great view, walk distance to BTS & School

24th floor with unblocked views. Spacious lay out. Walking distance to BTS Bearing & St Andrew's International school Direct access to roof top facilities (garden, gym, lounge, swimming pool, sun terrace, sauna).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV Access to BTS/MRTAccess to BTS/MRT

Basic Information

Property Type Condo
Floor 24
Bedrooms 2
Size 68 SqM
Price per SqM ฿112,500
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%.

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) City 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.
฿3,300/mo
Listed By
Private Owner
Date Listed Nov 5, 2020
Last Updated 10 months ago
Unit ID U639028

Price Analysis

Above Average
Estimated market value ฿6,410,550
Great
฿3,540,000
Good
Fair
Above
฿6,410,000
Current asking Price: ฿7,650,000 | Advertised rental rate: ฿25,000/mo
This condo is ฿1,239,450 ABOVE MARKET (19%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿7,650,000
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.
฿3,300/mo
Rent
฿25,000/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.
26
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.
4%

Project Details

Project Name: The Gallery Condominium
Developer: The Urban Property
Construction: Completed (Jan 2015)
Floors: 27
Buildings: N/A
Units: 269
Project Area: 2,192 SqM
Nearest Landmark Bearing BTS - 0.5 Km
Location: Samrong Nuea, Mueang Samut Prakan, Samut Prakan
The Gallery Condominium 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
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Kids Pool Kids Pool
BBQ Area BBQ Area
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area

Available Units at The Gallery Condominium

For Sale 2 For Rent 1
Get notified when new homes are being added to The Gallery Condominium

Loan Calculator

Frequently asked questions

No pets are allowed at The Gallery Condominium 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 from The Gallery Condominium 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 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

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

Samrong Nuea

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