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    1 Bedroom Condo for sale at SOCIO Ruamrudee
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    $133,000
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    1 Bedroom Condo for sale at SOCIO Ruamrudee
    (1 Review)
    Unit ID: U36825
    5% Rental Yield
    Lumphini, Pathum Wan,Bangkok
    $133,000
    1 Bedroom
    1
    Bathroom
    344 Sqft
    Size
    8
    Floor
    Dec 2010
    Completed
    10
    Sale Price
    $133,000

    About This Condo

    This property is a 344 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 2010. You can buy this condo for a base price of $133,000 ($387/Sqft) and it is also available for long term rentals starting from $522 per month.

    Basic Information

    Date Listed Nov 8, 2017
    Updated 1 year ago
    Property Type Condo
    Floor 8
    Bedroom 1
    Size 344 Sqft
    Price per Sqft $387
    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%.

    N/A
    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) N/A
    Unit Type FW-2432
    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.
    $51/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U36825

    Investment Opportunity: Charges & Yield

    Sale Price
    $133,000
    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.
    $51/mo
    Rent
    $522/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

    Project Name: SOCIO Ruamrudee
    Developer: Building Property Co., Ltd.
    Construction: Completed (Dec 2010)
    Floors: 8
    Buildings: 1
    Units: 67
    Project Area: 8,611 Sqft
    Nearest Landmark Nana BTS - 0.7 Km
    Location: Lumphini, Bangkok
    SOCIO Ruamrudee Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Key card access Key card access
    Shuttle Bus Shuttle Bus
    Access to BTS/MRT Access to BTS/MRT

    Popular Facilities at SOCIO Ruamrudee

    • All
    • Fitness
    • Leisure
    4
    • Communal Pool
      Rooftop
    • Communal Gym
      Rooftop

    Available Units at SOCIO Ruamrudee

    For Sale 4 For Rent 9
    • All
    • 1 Bed
    Get notified when new homes are being added to SOCIO Ruamrudee
    View All (4)

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    Frequently Asked Questions

    No pets are allowed at SOCIO Ruamrudee 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 $2 per square meter based on the size of indoor area of the property and is $51 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 SOCIO Ruamrudee the required payment for the sinking fund is $23 per square meter based on the size of the indoor area of the property.
    Nana BTS is the nearest BTS Station from SOCIO Ruamrudee and it is 0.7 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 SOCIO Ruamrudee 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
    This project is awesome
    Diana Ross, Australia, 6 years ago
    The project is in Soi Ruamrudee, which is quite far from Ploenchit BTS Station, but, fortunately, the project has a shuttle bus service, making it much more convenient. The condo atmosphere is peaceful because the condo has only a few units and few residents live in, suitable for relaxing. There is only one type of room, which is a one-bedroom unit. The room size is decent, not too narrow, and fully furnished, which is so cost-effective. The highlight of this place is that we can see the city view from the swimming pool, which is very enjoyable, but sometimes the pool is not as clean as it should be. After informing the juristic person, they came and cleaned immediately. The gym is a bit too small, but the equipment still looks new and works properly. The security system is reliable, making me feel at ease
    Bangkok
    Lumphini

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