Unit ID: U1973784
5% Rental Yield
Tenant-Occupied until Dec 15, 2024
Suan Luang, Suan Luang,Bangkok
$71,900
1 Bedroom
1
Bathroom
280 Sqft
Size
14
Floor
Jan 2020
Completed

About This Condo

This property is a 280 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Jan 2020. You can buy this condo for a base price of $71,900 ($257/Sqft) and it is also available for long term rentals starting from $289 per month.

Features

MicrowaveMicrowave TVTV

Basic Information

Date Listed Nov 22, 2024
Updated 1 day ago
Property Type Condo
Floor 14
Bedroom 1
Size 280 Sqft
Price per Sqft $257
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
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.
$30/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1973784

Investment Opportunity: Charges & Yield

Sale Price
$71,900
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.
$30/mo
Rent
$289/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.
21
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Developer: LPN Development
Construction: Completed (Jan 2020)
Floors: 32
Buildings: N/A
Units: 795
Project Area: 103,334 Sqft
Nearest Landmark Hua Mak ARL - 2.3 Km
Location: Suan Luang, Bangkok
Lumpini Ville Pattanakarn - Srinakarin 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
Walking / Running Track Walking / Running Track
Basketball Court Basketball Court
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at Lumpini Ville Pattanakarn - Srinakarin

For Sale 7 For Rent 4
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Frequently Asked Questions

No pets are allowed at Lumpini Ville Pattanakarn - Srinakarin 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 $30 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 Pattanakarn - Srinakarin the required payment for the sinking fund is $9 per square meter based on the size of the indoor area of the property.
Hua Mak ARL is the nearest Airport Rail Link Station from Lumpini Ville Pattanakarn - Srinakarin and it is 2.3 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 Pattanakarn - Srinakarin 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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Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Ville Pattanakarn - Srinakarin

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
Project Name
Thairong Tower
Location
Suan Luang, Suan Luang, Bangkok
Number of units
702
Sales Prices
$33.22K - $52K
Monthly Rentals
$173 - $289
Year Built
Jan 1994
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
445
Sales Prices
$86.66K
Monthly Rentals
$246 - $318
Year Built
Jun 2022
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
20
Sales Prices
$2.53M - $4.62M
Monthly Rentals
N/A
Year Built
Aug 2024
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
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$1.27M - $2.31M
Monthly Rentals
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Year Built
Feb 2024
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
27
Sales Prices
$1.05M - $1.59M
Monthly Rentals
$5.2K - $7.22K
Year Built
Dec 2020
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
56
Sales Prices
$404.42K
Monthly Rentals
N/A
Year Built
Feb 2006
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
1482
Sales Prices
$40.44K - $77.36K
▼ -44% underpriced
Monthly Rentals
$173 - $303
Year Built
Jan 2012
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
17
Sales Prices
$4.33M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
Suan Luang, Suan Luang, Bangkok
Number of units
87
Sales Prices
$664.41K - $1.04M
▼ -13% underpriced
Monthly Rentals
$6.36K
Year Built
Jun 2017
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
Jan 2004
Completion Status
Completed
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