Unit ID: U1058276
4% Rental Yield
Tenant-Occupied until Dec 1, 2028
Lumphini, Pathum Wan,Bangkok
$417,000
2 Bedrooms
2
Bathrooms
969 Sqft
Size
8
Floor
Jan 2019
Completed

About This Condo

This property is a 969 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 Jan 2019. You can buy this condo for a base price of $417,000 ($431/Sqft) and it is also available for long term rentals starting from $1,440 per month.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Feb 14, 2022
Updated 3 months ago
Property Type Condo
Floor 8
Bedrooms 2
Size 969 Sqft
Price per Sqft $431
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
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.
$207/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1058276

Investment Opportunity: Charges & Yield

Sale Price
$417,000
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.
$207/mo
Rent
$1,440/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Developer: Noble Development
Construction: Completed (Jan 2019)
Floors: 8
Buildings: 2
Units: 104
Project Area: 216,053 Sqft
Nearest Landmark Phloen Chit BTS - 1 Km
Location: Lumphini, Bangkok
Noble Above Wireless 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
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
BBQ Area BBQ Area
Lounge Lounge
Golf Simulator Golf Simulator
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Noble Above Wireless Ruamrudee

  • Communal Pool
    2nd Floor
  • Communal Gym
    2nd Floor
  • Lounge
    2nd Floor
  • Communal Garden Area
    Rooftop

Available Units at Noble Above Wireless Ruamrudee

For Sale 9 For Rent 12
Get notified when new homes are being added to Noble Above Wireless Ruamrudee
View All (9)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Noble Above Wireless 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 $207 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 Noble Above Wireless Ruamrudee the required payment for the sinking fund is $17 per square meter based on the size of the indoor area of the property.
Phloen Chit BTS is the nearest BTS Station from Noble Above Wireless Ruamrudee and it is 1 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 Noble Above Wireless Ruamrudee you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Deposit
Immediately
$2,880
1st Installment
Upon contract signing
15%
2nd Installment
1.5 months after contract signing
15%
3rd Installment
3 months after contract signing
70%

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

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Modern condominium
Fatima Ali, United Arab Emirates, 5 years ago
This modern condominium is move-in ready. My 1-Bed condominium has an expansive unit area at 85 SqM, which is decent compared to those in other condos. I love the furniture for its durability and furnishings, perfect! The communal area has a comprehensive range of facilities such as a swimming pool, a gym, and a large lush garden, which is soothing. The project is located on Witthayu Road, one of the busiest roads in the city. I recommended using the BTS Skytrain; the nearest station is Ploenchit Station, approximately 1.2 kilometers away, considered approachable by foot. I thought it was distant at the beginning, but I'm getting used to it now.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Noble Above Wireless Ruamrudee

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
Lumphini, Pathum Wan, Bangkok
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▲ 1% overpriced
Monthly Rentals
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Year Built
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Location
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Monthly Rentals
$719 - $1.15K
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Completion Status
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Location
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Number of units
129
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
Lumphini, Pathum Wan, Bangkok
Number of units
78
Sales Prices
$561.11K - $1.25M
▲ 4.3% overpriced
Monthly Rentals
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Completion Status
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Project Name
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Khlong Toei, Pathum Wan, Bangkok
Number of units
112
Sales Prices
$227.32K - $1.87M
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Monthly Rentals
$921 - $2.16K
Year Built
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Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
Location
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Number of units
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Sales Prices
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▼ -48% underpriced
Monthly Rentals
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Year Built
Dec 1999
Completion Status
Completed
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