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    1 Bedroom Condo for sale at Lumpini Place Rama VIII
    Bang Yi Khan, Bang Phlat,Bangkok
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    Sale Price
    $73,000
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    1 Bedroom Condo for sale at Lumpini Place Rama VIII
     (Write Review)
    Unit ID: U1759682
    6% Rental Yield
    Tenant-Occupied until Mar 31, 2025
    Bang Yi Khan, Bang Phlat,Bangkok
    $73,000
    1 Bedroom
    1
    Bathroom
    452 Sqft
    Size
    11
    Floor
    Jan 2009
    Completed
    11
    Sale Price
    $73,000

    About This Condo

    This property is a 452 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Yi Khan, Bangkok and was completed in Jan 2009. You can buy this condo for a base price of $73,000 ($162/Sqft).

    Comfort Living at it's best

    11th floor facing South-West pool view. 41.76 sqm. 1 bedroom 1 bathroom. 2 balconies. Fully furnished. Located close to the Rama VIII suspension bridge and in an area that in the past 3-5 years has become very populated and developed. Metro station is not within walking distance but can be accessed by a 7 minute motorbike taxi ride through the back alley. Idea location for people working at the Siriraj hospital, the largest public hospital in Thailand. Condo provides a shuttle van (25 baht per ride) to the Pinklao bridge area, Siriraj hospital, United Nations Building across the river and on weekends, also to Central Pinklao shopping mall that is 2-2.5 km away. 

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Mar 15, 2024
    Updated 6 months ago
    Property Type Condo
    Floor 11
    Bedroom 1
    Size 452 Sqft
    Price per Sqft $162
    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
    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, Unblocked Open 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.
    $1/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1759682

    Investment Opportunity: Charges & Yield

    Sale Price
    $73,000
    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.
    $1/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 Place Rama VIII, and the current sales price.
    6%

    Project Details

    Project Name: Lumpini Place Rama VIII
    Developer: N/A
    Construction: Completed (Jan 2009)
    Floors: 13
    Buildings: N/A
    Units: 1121
    Project Area: N/A
    Nearest Landmark Bang Yi Khan MRT - 0.9 Km
    Location: Bang Yi Khan, Bangkok
    Lumpini Place Rama VIII Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    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 Lumpini Place Rama VIII

    For Sale 11 For Rent 4
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Lumpini Place Rama VIII
    View All (11)

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    Frequently Asked Questions

    No pets are allowed at Lumpini Place Rama VIII unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Bang Yi Khan MRT is the nearest MRT Station from Lumpini Place Rama VIII and it is 0.9 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 VIII 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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