Unit ID: U1142020
4% Rental Yield
Lumphini, Pathum Wan,Bangkok
$481,000
2 Bedrooms
2
Bathrooms
786 Sqft
Size
4
Floor
Nov 2017
Completed

About This Condo

This property is a 786 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Nov 2017. You can buy this condo for a base price of $481,000 ($612/Sqft).

Features

BalconyBalcony

Basic Information

Date Listed Aug 22, 2022
Updated 2 years ago
Property Type Condo
Floor 4
Bedrooms 2
Size 786 Sqft
Price per Sqft $612
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
Unfurnished
View(s) City View
Unit Type N/A
Building Klass Sarasin-Rajdamri
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.
$170/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1142020

Investment Opportunity: Charges & Yield

Sale Price
$481,000
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.
$170/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.
24
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 2 bedroom condos at Klass Sarasin-Rajdamri, and the current sales price.
4%

Project Details

Project Name: Klass Sarasin-Rajdamri
Construction: Completed (Nov 2017)
Floors: 8
Buildings: 1
Units: 68
Project Area: 19,332 Sqft
Nearest Landmark Ratchadamri BTS - 0.5 Km
Location: Lumphini, Bangkok
Klass Sarasin-Rajdamri 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Library / Reading Room Library / Reading Room
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Klass Sarasin-Rajdamri

  • Library / Reading Room
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Reception / Lobby Area
    Ground Floor

Available Units at Klass Sarasin-Rajdamri

For Sale 11 For Rent 7
Get notified when new homes are being added to Klass Sarasin-Rajdamri
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Frequently Asked Questions

No pets are allowed at Klass Sarasin-Rajdamri 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 $170 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 Klass Sarasin-Rajdamri the required payment for the sinking fund is $23 per square meter based on the size of the indoor area of the property.
Ratchadamri BTS is the nearest BTS Station from Klass Sarasin-Rajdamri and it is 0.5 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 Klass Sarasin-Rajdamri 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
The condo near Lumpini Park and the Skytrain station
Amelia Engel, Denmark, 5 years ago
This condo is in the city center near Lumpini Park, and the Skytrain station, making it easy to travel anywhere. I think the price is high, but it's understandable because of its location in a prime location. The room I stayed in is a spacious duplex. The layout is divided and designed in a classy, elegant style. Sometimes, I found that the Wi-Fi in the lobby area often dropped, so I had to use my personal hotspot. Other than that, everything is fine.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Klass Sarasin-Rajdamri

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
Lumphini, Pathum Wan, Bangkok
Number of units
54
Sales Prices
$381.42K - $1.49M
▼ -6% underpriced
Monthly Rentals
$1.46K
Year Built
Dec 2018
Completion Status
Completed
Project Name
Baan Ratchadamri
Location
Lumphini, Pathum Wan, Bangkok
Number of units
N/A
Sales Prices
$2.33M
Monthly Rentals
$5.24K
Year Built
Jan 2005
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
79
Sales Prices
$451.64K
▲ 6% overpriced
Monthly Rentals
$583 - $2.19K
Year Built
Jan 2008
Completion Status
Completed
Project Name
Nimit Langsuan
Location
Lumphini, Pathum Wan, Bangkok
Number of units
187
Sales Prices
$990.69K - $7.28M
▼ -6.7% underpriced
Monthly Rentals
N/A
Year Built
Apr 2024
Completion Status
Completed
Project Name
185 Rajadamri
Location
Lumphini, Pathum Wan, Bangkok
Number of units
266
Sales Prices
$696.4K - $5.83M
▼ -5.1% underpriced
Monthly Rentals
$2.27K - $13.11K
Year Built
Dec 2012
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
231
Sales Prices
$961.55K - $4.63M
▼ -1% underpriced
Monthly Rentals
$2.3K - $20.4K
Year Built
Oct 2020
Completion Status
Completed
Project Name
Sindhorn Tonson
Location
Lumphini, Pathum Wan, Bangkok
Number of units
59
Sales Prices
$509.92K - $1.19M
▼ -5% underpriced
Monthly Rentals
$2.86K - $5.24K
Year Built
Jan 2018
Completion Status
Completed
Project Name
Muniq Langsuan
Location
Lumphini, Pathum Wan, Bangkok
Number of units
166
Sales Prices
$434.16K - $3.64M
▲ 21% overpriced
Monthly Rentals
$1.75K - $13.11K
Year Built
Jul 2021
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
20
Sales Prices
$2.04M
Monthly Rentals
$6.99K
Year Built
Jan 2018
Completion Status
Completed
Project Name
Baan Rajprasong
Location
Lumphini, Pathum Wan, Bangkok
Number of units
220
Sales Prices
$174.83K - $1.46M
▼ -15.6% underpriced
Monthly Rentals
$991 - $5.83K
Year Built
Dec 2006
Completion Status
Completed
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