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    1 Bedroom Condo for sale at Aspire Erawan
    Pak Nam, Mueang Samut Prakan,Samut Prakan
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    Sale Price
    £50,000
    Request Details

    1 Bedroom Condo for sale at Aspire Erawan

    (4 Reviews)
    Pak Nam, Mueang Samut Prakan,Samut Prakan
    Unit ID: U1162592
    5% Rental Yield
    1 Bedroom
    1 Bathroom
    30 SqM Size
    29 Floor
    Aug 2017 Completed
    (4 Reviews)
    Sale Price
    £50,000
    5

    About This Condo

    This property is a 30 SqM 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 Aug 2017. You can buy this condo for a base price of £50,000 (£1,670/SqM).

    Features

    BalconyBalcony TVTV

    Basic Information

    Date Listed Oct 11, 2022
    Updated 2 years ago
    Property Type Condo
    Floor 29
    Bedroom 1
    Size 30 SqM
    Price per SqM £1,670
    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%.

    N/A
    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) Garden 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.
    £23/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1162592

    Investment Opportunity: Charges & Yield

    Sale Price
    £50,000
    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.
    £23/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.
    21
    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 Aspire Erawan, and the current sales price.
    5%

    Project Details

    Project Name: Aspire Erawan
    Developer: AP (Thailand)
    Construction: Completed (Aug 2017)
    Floors: 31
    Buildings: 1
    Units: 1576
    Project Area: 10,358 SqM
    Nearest Landmark Chang Erawan BTS
    Location: Pak Nam, Samut Prakan
    Aspire Erawan 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
    Reception / Lobby Area Reception / Lobby Area
    Walking / Running Track Walking / Running Track
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Lounge Lounge
    Pool / Snooker Table Pool / Snooker Table
    Communal Garden Area Communal Garden Area
    Attached Market / Shops Attached Market / Shops
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Aspire Erawan

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      5th Floor
    • Communal Gym
      5th Floor
    • Communal Garden Area
      31st Floor
    • Co-Working Space / Meeting Room
      5th Floor

    Available Units at Aspire Erawan

    For Sale 15 For Rent 12
    • All
    • 1 Bed
    • 2 Beds
    Updated 3 weeks ago
    Available Units at Aspire Erawan
    £66,200
    £2,140/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 31 SqM Size
    Floor 13 Floor
    Foreign Quota Fully Furnished River or Canal View
    Available Units at Aspire Erawan
    £66,200
    £2,210/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 30 SqM Size
    Floor 12 Floor
    Thai Quota Fully Furnished City View
    Updated 3 weeks ago
    Available Units at Aspire Erawan
    £48,000
    £1,300/SqM
    Beds 2 Beds
    Baths 1 Baths
    Size 37 SqM Size
    Floor 7 Floor
    Thai Quota Fully Furnished City View
    Available Units at Aspire Erawan
    £45,700
    £1,310/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 35 SqM Size
    Floor 17 Floor
    Fully Furnished
    Available Units at Aspire Erawan
    £56,000
    £1,550/SqM
    Beds 2 Beds
    Baths 1 Baths
    Size 36 SqM Size
    Floor 28 Floor
    Thai Quota Fully Furnished City View
    Available Units at Aspire Erawan
    £79,900
    £2,280/SqM
    Beds 2 Beds
    Baths 1 Baths
    Size 35 SqM Size
    Floor 24 Floor
    Thai Quota Fully Furnished Pool View
    Available Units at Aspire Erawan
    £52,300
    £1,800/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 29 SqM Size
    Floor 28 Floor
    Thai Quota Fully Furnished City View
    Available Units at Aspire Erawan
    £65,100
    £1,760/SqM
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 37 SqM Size
    Floor 22 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Aspire Erawan
    £54,800
    £1,570/SqM
    Great Price
    Beds 2 Beds
    Baths 1 Baths
    Size 35 SqM Size
    Floor 9 Floor
    Thai Quota Partly Furnished City View
    Available Units at Aspire Erawan
    £66,200
    £1,890/SqM
    Great Price
    Beds 2 Beds
    Baths 1 Baths
    Size 35 SqM Size
    Floor 29 Floor
    Thai Quota Fully Furnished River or Canal View
    Available Units at Aspire Erawan
    £59,400
    £1,700/SqM
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 35 SqM Size
    Floor 29 Floor
    Thai Quota Fully Furnished River or Canal View
    Available Units at Aspire Erawan
    £50,200
    £1,730/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 29 SqM Size
    Floor 20 Floor
    Thai Quota Fully Furnished City View
    Available Units at Aspire Erawan
    £50,000
    £1,670/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 30 SqM Size
    Floor 29 Floor
    Fully Furnished Garden View
    Available Units at Aspire Erawan
    £51,800
    £1,730/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 30 SqM Size
    Floor 15 Floor
    Thai Quota Fully Furnished River or Canal View
    Available Units at Aspire Erawan
    £54,800
    £1,770/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 31 SqM Size
    Floor 28 Floor
    Thai Quota Fully Furnished City View
    Get notified when new homes are being added to Aspire Erawan
    View All (15)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Aspire Erawan unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is £1 per square meter based on the size of indoor area of the property and is £23 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 Aspire Erawan the required payment for the sinking fund is £8 per square meter based on the size of the indoor area of the property.
    Chang Erawan BTS is the nearest BTS Station from Aspire Erawan and it is 0 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 Aspire Erawan you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £1,140
    1st Installment
    Upon contract signing
    30%
    2nd Installment
    On handover
    70%

    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

    Reviews

    4.7 out of 5
    Based on
    4 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Great condo in a gentrified area
    Condo Mundi, France, Former Resident, 11 months ago
    This condo has an amazing rooftop, and overall the rooms and layout are comfortable. It is suitable for both residence and investment. The whole area has been upgrade significantly, and the condo is right in front of the BTS station. Only 20 minutes to Asok by BTS, and the MRT yellow line connects with Airport Rail Link which makes the place very conveniently located.
    Condo in a quiet atmosphere. Less than 3 minutes walk to BTS
    Tana Arango, Mexico, 4 years ago
    I bought this place because I wanted to stay in a quiet atmosphere. This condo is far from the crowded area in the city but still in a convenient location. From here, it is less than 3 minutes walk to the BTS station, which is very close and affordable. The common facilities are clean, and there is a 7-Eleven downstairs. The rooftop offers a stunning view of the Chao Phraya River curve. The rooms are a good size for 2 people, I suggest buying a room that is a little bigger if you need more space. But overall, it's worth it.
    It’s a decent condo
    Peter Jacob, Australia, 5 years ago
    It’s a decent condo at an affordable price. This place is suitable for both residential and investment. Personally, I bought it to live by myself. My room is a one-bedroom room. The size is decent with full furniture with good quality for the price. My room is on the 30th floor, the view from the room overlooking the Chao Phraya river bend, which is exclusive. With more than a thousand units within the project, sometimes the passenger elevators or the parking lot is not enough for the residents. The location is okay, not far from BTS Chang Erawan, making it easy to travel anywhere.
    It is a very attractive condo to invest.
    Supakorn Mahisornpisan, Thailand, 6 years ago
    It is a lovely condo to invest in because the location is not as busy as in the capital city, Bangkok. It is very comfortable to travel because it is next to Sukhumvit Road and Chang Erawan BTS. It makes commuting easy. The project also has a 7-11 for 24 hours. As for the one-bedroom type I bought for investment, the price was only 2 million. It is considered not expensive at all. The view from the room is the Chao Phraya River curve; the atmosphere is superb. In my room, space is well divided into decent zones. The furniture is complete. Besides, the project also has a swimming pool, a fitness center, gardens, and a security system. It's complete with everything. If you don't stay here, renting it out is a good choice.
    Samut Prakan
    Pak Nam

    Neighborhood Overview

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