2 Bedroom Condo for sale at Knightsbridge Bearing

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Samrong Nuea, Mueang Samut Prakan,Samut Prakan
Unit ID: U1745490
5% Rental Yield
Tenant-Occupied until May 31, 2025
2 Bedrooms
1 Bathroom
51 SqM Size
12 Floor
Dec 2014 Completed

About This Condo

This property is a 51 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Samrong Nuea, Samut Prakan and was completed in Dec 2014. You can buy this condo for a base price of £97,200 (£1,910/SqM) and it is also available for long term rentals starting from £393 per month.

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Features

Pool AccessPool Access Corner UnitCorner Unit BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Feb 28, 2024
Updated 1 month ago
Property Type Condo
Floor 12
Bedrooms 2
Size 51 SqM
Price per SqM £1,910
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
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
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.
£53/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1745490

Investment Opportunity: Charges & Yield

Sale Price
£97,200
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.
£53/mo
Rent
£393/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Project Name: Knightsbridge Bearing
Developer: Origin Property
Construction: Completed (Dec 2014)
Floors: 25
Buildings: N/A
Units: 276
Project Area: N/A
Nearest Landmark Bearing BTS - 0.5 Km
Location: Samrong Nuea, Samut Prakan
Knightsbridge Bearing Project Details

Project Features

On Site Restaurant On Site Restaurant
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 Knightsbridge Bearing

For Sale 11 For Rent 9
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Frequently Asked Questions

No pets are allowed at Knightsbridge Bearing 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 £53 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 Knightsbridge Bearing the required payment for the sinking fund is £8 per square meter based on the size of the indoor area of the property.
Bearing BTS is the nearest BTS Station from Knightsbridge 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 Knightsbridge 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 Knightsbridge Bearing

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
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Project Name
Location
Number of units
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Location
Bang Na, Mueang Samut Prakan, Samut Prakan
Number of units
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£66.5K - £255K
▲ 10% overpriced
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Samrong Nuea, Mueang Samut Prakan, Samut Prakan
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Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
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Samrong Nuea, Mueang Samut Prakan, Samut Prakan
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£54.4K - £64.6K
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Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
78
Sales Prices
£66.9K
Monthly Rentals
£324 - £347
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Completion Status
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Location
Bang Na, Mueang Samut Prakan, Samut Prakan
Number of units
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Sales Prices
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Project Name
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Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
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Year Built
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Project Name
The Knight II
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
55
Sales Prices
£46.3K - £74K
▼ -15.5% underpriced
Monthly Rentals
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Year Built
May 2014
Completion Status
Completed
Project Name
The Knight I
Location
Samrong Nuea, Mueang Samut Prakan, Samut Prakan
Number of units
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Sales Prices
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Year Built
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Completion Status
Completed
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