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.
