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    1 Bedroom Condo for sale at O2 Hip Condo
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    ฿8,800,000
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    1 Bedroom Condo for sale at O2 Hip Condo
    (1 Review)
    Unit ID: U1093194
    5% Rental Yield
    Lumphini, Pathum Wan,Bangkok
    ฿8,800,000
    1 Bedroom
    1
    Bathroom
    51 SqM
    Size
    4
    Floor
    Feb 2010
    Completed
    6
    Sale Price
    ฿8,800,000

    About This Condo

    This property is a 51 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Feb 2010. You can buy this condo for a base price of ฿8,800,000 (฿172,549/SqM) and it is also available for long term rentals starting from ฿40,000 per month.

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed May 12, 2022
    Updated 1 week ago
    Property Type Condo
    Floor 4
    Bedroom 1
    Size 51 SqM
    Price per SqM ฿172,549
    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.
    ฿4,080/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1093194

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿8,800,000
    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.
    ฿4,080/mo
    Rent
    ฿40,000/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.
    18
    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: O2 Hip Condo
    Developer: N/A
    Construction: Completed (Feb 2010)
    Floors: 7
    Buildings: N/A
    Units: 48
    Project Area: N/A
    Nearest Landmark Phloen Chit BTS - 0.2 Km
    Location: Lumphini, Bangkok
    O2 Hip Condo Project Details

    Project Features

    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 O2 Hip Condo

    For Sale 7 For Rent 6
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to O2 Hip Condo
    View All (7)

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    Frequently Asked Questions

    No pets are allowed at O2 Hip Condo 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 ฿80 per square meter based on the size of indoor area of the property and is ฿4,080 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.
    Phloen Chit BTS is the nearest BTS Station from O2 Hip Condo and it is 0.2 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 O2 Hip Condo 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

    4.3 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The condo is nice and peaceful.
    Alisa S., Canada, 5 years ago
    Many years ago, I was looking for a condo that was centrally located but still provided privacy. This one is a challenging requirement. But I eventually found this project, where I've now lived for over 5 years. I can say confidently that it fits all of my needs. Besides, this condo has only 8 units per floor. As a result, both inside and outside the project, there is privacy. In terms of rooms, it's very spacious, even a 1-bedroom unit. There's also a great common area because the rooftop has a large swimming pool. Unfortunately, no gym center is available in the common area. However, to fix this problem, the project has given a membership to the Novotel Hotel gym, which is really good.
    Bangkok
    Lumphini

    Neighborhood Overview

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