Unit ID: U1412990
5% Rental Yield
Bang Yi Khan, Bang Phlat,Bangkok
฿2,500,000
1 Bedroom
1
Bathroom
35 SqM
Size
1
Floor
Jan 2009
Completed

About This Condo

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Yi Khan, Bangkok and was completed in Jan 2009. You can buy this condo for a base price of ฿2,500,000 (฿71,429/SqM).

Features

BalconyBalcony TVTV

Basic Information

Date Listed May 23, 2023
Updated 1 year ago
Property Type Condo
Floor 1
Bedroom 1
Size 35 SqM
Price per SqM ฿71,429
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1412990

Investment Opportunity: Charges & Yield

Sale Price
฿2,500,000
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.
18
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 Lumpini Place Rama VIII, and the current sales price.
5%

Project Details

Project Name: Lumpini Place Rama VIII
Developer: N/A
Construction: Completed (Jan 2009)
Floors: 13
Buildings: N/A
Units: 1121
Project Area: N/A
Nearest Landmark Bang Yi Khan MRT - 0.9 Km
Location: Bang Yi Khan, Bangkok
Lumpini Place Rama VIII 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 Lumpini Place Rama VIII

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Frequently Asked Questions

No pets are allowed at Lumpini Place Rama VIII unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Bang Yi Khan MRT is the nearest MRT Station from Lumpini Place Rama VIII and it is 0.9 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 Lumpini Place Rama VIII 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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Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Place Rama VIII

Location
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Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
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Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
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฿2.5M - ฿5.25M
Monthly Rentals
฿30K
Year Built
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Completion Status
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Location
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Number of units
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฿2.7M - ฿5.45M
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Completion Status
Completed
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
199
Sales Prices
฿3.5M - ฿6.2M
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
1784
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฿2.46M - ฿4.55M
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Year Built
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Completion Status
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Location
Wat Sam Phraya, Bang Phlat, Bangkok
Number of units
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Sales Prices
฿2.9M - ฿8.5M
▼ -49% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
Thana Astoria
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
493
Sales Prices
฿2.1M - ฿4.5M
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Monthly Rentals
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Completion Status
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Project Name
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Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
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Sales Prices
฿2.8M - ฿5.2M
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Monthly Rentals
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Year Built
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Completion Status
Completed
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