Unit ID: U1013890
4% Rental Yield
Lumphini, Pathum Wan,Bangkok
฿17,000,000 Great Price
2 Bedrooms
2
Bathrooms
128 SqM
Size
10
Floor
Dec 1993
Completed

About This Condo

This property is a 128 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 1993. You can buy this condo for a base price of ฿17,000,000 (฿132,813/SqM).

Features

BalconyBalcony OvenOven

Basic Information

Date Listed Jul 8, 2021
Updated 3 months ago
Property Type Condo
Floor 10
Bedrooms 2
Size 128 SqM
Price per SqM ฿132,813
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly 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.
฿4,480/mo
Listed By
Each listing provided by partnered agents is individually verified by BPP. Partner Agents work for different brokerages or property management companies but have teamed up with BPP so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1013890

Investment Opportunity: Charges & Yield

Sale Price
฿17,000,000
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.
฿4,480/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.
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 2 bedroom condos at Baan Ploenchit, and the current sales price.
4%

Project Details

Project Name: Baan Ploenchit
Developer: N/A
Construction: Completed (Dec 1993)
Floors: 16
Buildings: N/A
Units: 129
Project Area: N/A
Nearest Landmark Nana BTS - 0.6 Km
Location: Lumphini, Bangkok
Baan Ploenchit 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
Sauna Sauna

Available Units at Baan Ploenchit

For Sale 9 For Rent 10
Get notified when new homes are being added to Baan Ploenchit
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Frequently Asked Questions

No pets are allowed at Baan Ploenchit 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 ฿35 per square meter based on the size of indoor area of the property and is ฿4,480 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.
Nana BTS is the nearest BTS Station from Baan Ploenchit and it is 0.6 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 Baan Ploenchit 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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great location, and there are complete facilities
Hansa R., Thailand, 6 years ago
This project is in the Lumphini area, surrounded by shopping centers and convenience stores. It's so convenient for me. I have been renting a fully furnished 2 beds 2 baths unit with a small kitchen. The room is nice, divided into good proportions. There are also cabinets and shelves in the kitchen to store various items there. In addition, it is just a short walk to Phloen Chit BTS, easy access to everywhere. So, if you're looking for a condo in the Lumphini area, I'd recommend it as the project provides total comfort.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Baan Ploenchit

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
Location
Lumphini, Pathum Wan, Bangkok
Number of units
37
Sales Prices
฿6.8M - ฿18.2M
Monthly Rentals
฿25K - ฿150K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Navin Court
Location
Lumphini, Pathum Wan, Bangkok
Number of units
77
Sales Prices
฿9.66M - ฿30M
▲ 0.7% overpriced
Monthly Rentals
฿25K - ฿40K
Year Built
Dec 2000
Completion Status
Completed
Project Name
Rudee Place
Location
Lumphini, Pathum Wan, Bangkok
Number of units
N/A
Sales Prices
฿6M
Monthly Rentals
฿14K - ฿18.5K
Year Built
Jan 1996
Completion Status
Completed
Project Name
SOCIO Ruamrudee
Location
Lumphini, Pathum Wan, Bangkok
Number of units
67
Sales Prices
฿3.99M - ฿6.5M
▼ -2.5% underpriced
Monthly Rentals
฿18K - ฿26K
Year Built
Dec 2010
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
138
Sales Prices
฿4.6M - ฿9M
▲ 1% overpriced
Monthly Rentals
฿19K - ฿55K
Year Built
Dec 2015
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
30
Sales Prices
฿50M
Monthly Rentals
฿55K - ฿60K
Year Built
Jan 2014
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
79
Sales Prices
฿4.85M - ฿7.7M
▼ -21% underpriced
Monthly Rentals
฿17.5K - ฿40K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Preen By Sansiri
Location
Lumphini, Pathum Wan, Bangkok
Number of units
26
Sales Prices
฿10M - ฿29M
▼ -35% underpriced
Monthly Rentals
฿30K - ฿95K
Year Built
Dec 2008
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
104
Sales Prices
฿8.2M - ฿15.2M
▼ -36% underpriced
Monthly Rentals
฿37K - ฿65K
Year Built
Jan 2019
Completion Status
Completed
Location
Khlong Toei, Pathum Wan, Bangkok
Number of units
90
Sales Prices
฿2.5M - ฿10M
▼ -48% underpriced
Monthly Rentals
฿12K - ฿50K
Year Built
Dec 1999
Completion Status
Completed
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