Unit ID: U1936944
7% Rental Yield
Thung Song Hong, Lak Si,Bangkok
฿1,550,000
Studio Bedroom
1
Bathroom
24.82 SqM
Size
4
Floor
Dec 2022
Completed

About This Condo

This property is a 24.82 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Thung Song Hong, Bangkok and was completed in Dec 2022. You can buy this condo for a base price of ฿1,550,000 (฿62,450/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Sep 20, 2024
Updated N/A
Property Type Condo
Floor 4
Bedroom Studio
Size 24.82 SqM
Price per SqM ฿62,450
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%.

Foreign Quota, Thai Quota, Company
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 STU
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.
฿943/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1936944

Investment Opportunity: Charges & Yield

Sale Price
฿1,550,000
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.
฿943/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.
15
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 studio condos at Lumpini Ville Chaengwattana 10, and the current sales price.
7%

Project Details

Developer: LPN Development
Construction: Completed (Dec 2022)
Floors: 8
Buildings: 2
Units: 476
Project Area: 6,400 SqM
Nearest Landmark 11th Infantry Regiment BTS - 3.3 Km
Location: Thung Song Hong, Bangkok
Lumpini Ville Chaengwattana 10 Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Walking / Running Track Walking / Running Track
Communal Garden Area Communal Garden Area

Popular Facilities at Lumpini Ville Chaengwattana 10

  • Communal Gym
    1st Floor
  • Walking / Running Track
    1st Floor

Available Units at Lumpini Ville Chaengwattana 10

For Sale 5 For Rent 2
Get notified when new homes are being added to Lumpini Ville Chaengwattana 10
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Frequently Asked Questions

No pets are allowed at Lumpini Ville Chaengwattana 10 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 ฿38 per square meter based on the size of indoor area of the property and is ฿943 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Lumpini Ville Chaengwattana 10 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
11th Infantry Regiment BTS is the nearest BTS Station from Lumpini Ville Chaengwattana 10 and it is 3.3 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 Ville Chaengwattana 10 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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Thung Song Hong

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Ville Chaengwattana 10

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Year Built
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Project Name
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Number of units
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Year Built
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Location
Thung Song Hong, Lak Si, Bangkok
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Thung Song Hong, Lak Si, Bangkok
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฿2.7M
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Location
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Year Built
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Location
Thung Song Hong, Lak Si, Bangkok
Number of units
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฿1.99M - ฿2.19M
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Year Built
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Completion Status
Completed
Location
Thung Song Hong, Lak Si, Bangkok
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฿1.59M - ฿1.65M
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Year Built
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Completion Status
Completed
Location
Thung Song Hong, Lak Si, Bangkok
Number of units
482
Sales Prices
฿1.99M - ฿3.25M
▼ -29% underpriced
Monthly Rentals
฿7K - ฿16K
Year Built
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Completion Status
Completed
Location
Thung Song Hong, Lak Si, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Don Mueang, Lak Si, Bangkok
Number of units
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Sales Prices
฿6.9M
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฿26K - ฿150K
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Completion Status
Completed
Location
Thung Song Hong, Lak Si, Bangkok
Number of units
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Year Built
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Completion Status
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