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    1 Bedroom Condo for sale at Lumpini Park Vibhavadi - Chatuchak
    Chomphon, Chatuchak,Bangkok
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    Sale Price
    $68,500
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    1 Bedroom Condo for sale at Lumpini Park Vibhavadi - Chatuchak
     (Write Review)
    Unit ID: U1406310
    5% Rental Yield
    Chomphon, Chatuchak,Bangkok
    $68,500
    1 Bedroom
    1
    Bathroom
    258 Sqft
    Size
    11
    Floor
    Dec 2019
    Completed
    5
    Sale Price
    $68,500

    About This Condo

    This property is a 258 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chomphon, Bangkok and was completed in Dec 2019. You can buy this condo for a base price of $68,500 ($265/Sqft).

    Features

    BalconyBalcony TVTV

    Basic Information

    Date Listed May 10, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 11
    Bedroom 1
    Size 258 Sqft
    Price per Sqft $265
    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.
    $35/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1406310

    Investment Opportunity: Charges & Yield

    Sale Price
    $68,500
    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.
    $35/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 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 Park Vibhavadi - Chatuchak, and the current sales price.
    5%

    Project Details

    Project Name: Lumpini Park Vibhavadi - Chatuchak
    Developer: LPN Development
    Construction: Completed (Dec 2019)
    Floors: 21
    Buildings: 4
    Units: 736
    Project Area: 74,900 Sqft
    Nearest Landmark Mo Chit BTS - 0.8 Km
    Location: Chomphon, Bangkok
    Lumpini Park Vibhavadi - Chatuchak Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    Car Parking Car Parking
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Walking / Running Track Walking / Running Track
    Basketball Court Basketball Court
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Lounge Lounge
    Communal Garden Area Communal Garden Area
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Attached Market / Shops Attached Market / Shops
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Lumpini Park Vibhavadi - Chatuchak

    • All
    • Fitness
    • Leisure
    3
    • Basketball Court
      Ground Floor
    • Walking / Running Track
      Ground Floor
    • Communal Pool
      Rooftop
    • Communal Gym
      7th Floor
    • Indoor Kids Zone
      7th Floor
    • Communal Garden Area
      Rooftop

    Available Units at Lumpini Park Vibhavadi - Chatuchak

    For Sale 8 For Rent 7
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Lumpini Park Vibhavadi - Chatuchak
    View All (8)

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    Frequently Asked Questions

    No pets are allowed at Lumpini Park Vibhavadi - Chatuchak 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 $1 per square meter based on the size of indoor area of the property and is $35 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 Park Vibhavadi - Chatuchak the required payment for the sinking fund is $23 per square meter based on the size of the indoor area of the property.
    Mo Chit BTS is the nearest BTS Station from Lumpini Park Vibhavadi - Chatuchak and it is 0.8 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 Park Vibhavadi - Chatuchak 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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    Bangkok
    Chomphon

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