Tropicana (Owner change) (Sold)

Properties for Sale (Resale)

Project Tropicana (@ BTS Erawan)
Address Rural Rd Samut Prakan 3044,  Mueang Samut Prakan, Chang Wat Samut Prakan
Station BTS Chang Erawan (Approx. 10-minute walk)
Year Built 2016
Unit Type Studio
Area 27.83 sqm
Price 1,00,000 THB
Price/sqm 35,932 THB/sqm
Common fee ~38 THB/sqm(Common fee)/ -
Developer  Origin
Total floor, Total unit 8 Floors / 363 Units
Expected yield Approximately 7.8%

 

Remarks

This low-rise condominium is situated directly opposite the Erawan Museum, a famous landmark known for its colossal three-headed elephant bronze sculpture.

This property is currently being offered for sale as an investment package (owner change), with a tenant already in place generating a monthly rental income of 6,500 Baht.

The selling price is 1,000,000 Baht, offering an attractive gross rental yield of 7.8%.

While there are fewer Japanese residents in this building, it is highly occupied by Thai owner-occupiers and a diverse community of foreign expats.

The key highlights of this property are its highly affordable price point and its close proximity to the expressway entrance.

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