Unit ID: U1116326
4% Rental Yield
Chong Nonsi, Yan Nawa,Bangkok
฿4,500,000
1 Bedroom
1
Bathroom
53 SqM
Size
3
Floor
Dec 1994
Completed

About This Condo

This property is a 53 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chong Nonsi, Bangkok and was completed in Dec 1994. You can buy this condo for a base price of ฿4,500,000 (฿84,906/SqM).

1 bedroom condo for sale on Soi Yen Akat - Sathorn. This unit is 9 minutes’ drive to Lumpini MRT Station and 8 minutes’ drive to Rama 4-1 Toll Plaza. It has an easy access to shopping department stores, international schools, hospitals and restaurants. This unit has 1 bedrooms, 1 bathrooms, living, dining, kitchen with useable area of 53 sq.m. The unit is fully furnished and fully equipped. The building facilities comprise of car parking and 24 hours security.  

Features

Private GymPrivate Gym Covered ParkingCovered Parking Wifi IncludedWifi Included Washing MachineWashing Machine

Basic Information

Date Listed Jun 28, 2022
Updated N/A
Property Type Condo
Floor 3
Bedroom 1
Size 53 SqM
Price per SqM ฿84,906
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
N/A
View(s) N/A
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.
N/A
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1116326

Investment Opportunity: Charges & Yield

Sale Price
฿4,500,000
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.
24
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 Lapa Place, and the current sales price.
4%

Project Details

Project Name: Lapa Place
Developer: N/A
Construction: Completed (Dec 1994)
Floors: 8
Buildings: N/A
Units: 82
Project Area: N/A
Nearest Landmark Khlong Toei MRT - 1.4 Km
Location: Chong Nonsi, Bangkok
Lapa Place Project Details

Project Features

CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Lapa Place

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Lapa Place unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Khlong Toei MRT is the nearest MRT Station from Lapa Place and it is 1.4 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 Lapa Place 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

Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Quiet condo in the heart of Bangkok
Thanon K., Thailand, 6 years ago
My parents bought this condo during my college years. It has been a long time since I have stayed here. However, during my time there, I was very impressed with this place. The building looked a bit old because it was built for a very long time, but inside the condo, it still looks great and is very well maintained. The surrounding atmosphere is peaceful, and it is close to the community, shopping malls, hospitals, local markets, schools, such as the Rajamangala University of Technology Krungthep where I studied. My one-bedroom unit has plenty of space. It is very private and comfortable! There is also a good security system too. It is fantastic!
Bangkok
Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lapa Place

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Resorta Yen-Akat
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
308
Sales Prices
฿2.4M - ฿7.9M
▼ -30% underpriced
Monthly Rentals
฿12K - ฿35K
Year Built
Dec 2005
Completion Status
Completed
Project Name
Anina Villa
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
22
Sales Prices
฿67M - ฿85M
Monthly Rentals
฿200K - ฿450K
Year Built
Nov 2020
Completion Status
Completed
Project Name
Supreme Place
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
฿10.7M
Monthly Rentals
฿25K - ฿60K
Year Built
Jan 1997
Completion Status
Completed
Project Name
Condo One Sathorn
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
฿3M - ฿5.5M
▼ -45% underpriced
Monthly Rentals
฿13K - ฿15K
Year Built
Jan 2007
Completion Status
Completed
Project Name
Supreme Legend
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
71
Sales Prices
฿15.3M - ฿16.6M
▼ -32.5% underpriced
Monthly Rentals
฿65K - ฿160K
Year Built
Mar 2018
Completion Status
Completed
Project Name
The Lanai Sathorn
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
34
Sales Prices
฿13.5M - ฿29M
▲ 31% overpriced
Monthly Rentals
฿55K - ฿120K
Year Built
Dec 2005
Completion Status
Completed
Project Name
Supreme Ville
Location
Thung Mahamek, Yan Nawa, Bangkok
Number of units
111
Sales Prices
฿10.5M - ฿26.5M
▼ -41% underpriced
Monthly Rentals
฿30K - ฿60K
Year Built
Jan 1998
Completion Status
Completed
Project Name
Baan Yen Akard
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
60
Sales Prices
฿28M
▲ 3% overpriced
Monthly Rentals
฿70K - ฿100K
Year Built
Dec 2004
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
70
Sales Prices
฿6.2M - ฿7.5M
▼ -17% underpriced
Monthly Rentals
฿25K - ฿30K
Year Built
Dec 2005
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
77
Sales Prices
฿5M - ฿7.5M
Monthly Rentals
฿18K - ฿30K
Year Built
Dec 2005
Completion Status
Completed
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