Unit ID: U1899347
6% Rental Yield
Bang Phongphang, Yan Nawa,Bangkok
$73,400
1 Bedroom
1
Bathroom
307 Sqft
Size
16
Floor
Mar 2024
Completed

About This Condo

This property is a 307 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Phongphang, Bangkok and was completed in Mar 2024. You can buy this condo for a base price of $73,400 ($239/Sqft).

Features

BalconyBalcony Washing MachineWashing Machine

Basic Information

Date Listed Jul 22, 2024
Updated 3 months ago
Property Type Condo
Floor 16
Bedroom 1
Size 307 Sqft
Price per Sqft $239
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) River or Canal 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 Government Rate
Water Price Government Rate
Unit ID U1899347

Investment Opportunity: Charges & Yield

Sale Price
$73,400
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.
17
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 3 - Riverine, and the current sales price.
6%

Project Details

Developer: LPN Development
Construction: Completed (Mar 2024)
Floors: 35
Buildings: 1
Units: 719
Project Area: 62,000 Sqft
Nearest Landmark Surasak BTS - 5.3 Km
Location: Bang Phongphang, Bangkok
Lumpini Place Rama 3 - Riverine Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Lumpini Place Rama 3 - Riverine

  • Communal Pool
    28th Floor
  • Communal Garden Area
    6th Floor
  • Co-Working Space / Meeting Room
    35th Floor

Available Units at Lumpini Place Rama 3 - Riverine

For Sale 5 For Rent 3
Get notified when new homes are being added to Lumpini Place Rama 3 - Riverine
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Frequently Asked Questions

No pets are allowed at Lumpini Place Rama 3 - Riverine unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Surasak BTS is the nearest BTS Station from Lumpini Place Rama 3 - Riverine and it is 5.3 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 Place Rama 3 - Riverine 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

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A condo on the Chao Phraya Riverside.
Jessica Wang, China, 6 years ago
The project is close to the Chao Phraya River and has numerous amenities nearby, including shops, restaurants, department stores, and hospitals. It has a small number of units compared to the height of the 35-storey building. The project's surrounding environment has been designed to be beautiful and private. The room I bought is a 2 bedroom unit on the 23rd floor. The living area is large, it goes well together with modern furniture, and also I got a stunning unobstructed view of the Chao Phraya River. There are shops and vending machine services on the ground floor. It is a very attractive project for investment.
Bangkok
Bang Phongphang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Place Rama 3 - Riverine

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
Bang Phongphang, Yan Nawa, Bangkok
Number of units
658
Sales Prices
$123.48K - $1.05M
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Off Plan
Location
Bang Phongphang, Yan Nawa, Bangkok
Number of units
205
Sales Prices
$388.46K - $546.72K
▼ -6.8% underpriced
Monthly Rentals
$1.15K - $4.03K
Year Built
Dec 2004
Completion Status
Completed
Project Name
The Pano Rama3
Location
Bang Phongphang, Yan Nawa, Bangkok
Number of units
345
Sales Prices
$197.11K - $2.16M
▼ -14.2% underpriced
Monthly Rentals
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Completion Status
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Project Name
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Location
Bang Phongphang, Yan Nawa, Bangkok
Number of units
1125
Sales Prices
$71.94K - $791.31K
▲ 0.3% overpriced
Monthly Rentals
$259 - $5.18K
Year Built
Jun 1996
Completion Status
Completed
Location
Bang Phongphang, Yan Nawa, Bangkok
Number of units
277
Sales Prices
$71.94K - $169.77K
Monthly Rentals
$345 - $432
Year Built
Jan 2008
Completion Status
Completed
Project Name
Royal River Place
Location
Bang Phongphang, Yan Nawa, Bangkok
Number of units
145
Sales Prices
$287.75K - $1.01M
▼ -32% underpriced
Monthly Rentals
$8.06K
Year Built
Dec 1996
Completion Status
Completed
Project Name
Arden Rama 3
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
68
Sales Prices
$431.62K - $575.5K
▲ 9% overpriced
Monthly Rentals
$1.87K - $2.3K
Year Built
Dec 2015
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
13
Sales Prices
$503.56K
Monthly Rentals
$1.29K - $4.17K
Year Built
Nov 2011
Completion Status
Completed
Location
Bang Phongphang, Yan Nawa, Bangkok
Number of units
1088
Sales Prices
$86.32K - $399.97K
▼ -13.3% underpriced
Monthly Rentals
$345 - $863
Year Built
Jan 2019
Completion Status
Completed
Project Name
DEMI Sathu 49
Location
Bang Phongphang, Yan Nawa, Bangkok
Number of units
72
Sales Prices
$630.17K - $1.29M
Monthly Rentals
$4.32K
Year Built
Dec 2022
Completion Status
Completed
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