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    2 Bedroom Condo for sale at Somkid Gardens
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    $1,410,000
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    2 Bedroom Condo for sale at Somkid Gardens
    (4 Reviews)
    Unit ID: U1397196
    3% Rental Yield
    Lumphini, Pathum Wan,Bangkok
    $1,410,000
    2 Bedrooms
    2
    Bathrooms
    2,260 Sqft
    Size
    9
    Floor
    Dec 1995
    Completed
    7
    Sale Price
    $1,410,000

    About This Condo

    This property is a 2,260 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 Dec 1995. You can buy this condo for a base price of $1,410,000 ($622/Sqft).

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Apr 19, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 9
    Bedrooms 2
    Size 2,260 Sqft
    Price per Sqft $622
    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 Somkid Gardens
    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.
    $461/mo
    Listed By
    Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1397196

    Investment Opportunity: Charges & Yield

    Sale Price
    $1,410,000
    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.
    $461/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.
    35
    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 Somkid Gardens, and the current sales price.
    3%

    Project Details

    Project Name: Somkid Gardens
    Developer: Somkid Gardens
    Construction: Completed (Dec 1995)
    Floors: 22
    Buildings: 1
    Units: 100
    Project Area: 52,700 Sqft
    Nearest Landmark Chit Lom BTS - 0.3 Km
    Location: Lumphini, Bangkok
    Somkid Gardens 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
    Tennis Court Tennis Court
    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
    Outdoor Kids Zone Outdoor Kids Zone
    Library / Reading Room Library / Reading Room
    Lounge Lounge
    Communal Garden Area Communal Garden Area
    Back Up Generators Back Up Generators
    Key card access Key card access
    Shuttle Bus Shuttle Bus

    Popular Facilities at Somkid Gardens

    • All
    • Fitness
    • Leisure
    4
    • Communal Pool
      Ground Floor
    • Communal Garden Area
      Ground Floor
    • Communal Gym
      Ground Floor
    • Tennis Court
      Ground Floor
    • Basketball Court
      Ground Floor

    Available Units at Somkid Gardens

    For Sale 5 For Rent 17
    • All
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Somkid Gardens
    View All (5)

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    Frequently Asked Questions

    No pets are allowed at Somkid Gardens 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 $461 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.
    Chit Lom BTS is the nearest BTS Station from Somkid Gardens and it is 0.3 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 Somkid Gardens 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

    4.7 out of 5
    Based on
    4 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Amazing apartment in the heart of bangkok
    Verified Former Resident, 3 years ago
    I stayed in the unit for almost two years and I love it every second of it. Situated in one of the iconic soi of Bangkok, one of the leaviest soi I must say in Bangkok, just steps away from an amazing supermarket and shopping center with access to International food and groceries. The owner is very well accommodating and communicative and paying attention to our needs while staying there. It has very clean pool, tennis court and cute gym and boxing / pilates studio. Cant expect more.
    Location, management, atmosphere : best of the best in town
    Pascal Furth, Former Resident, 3 years ago
    Living at Somkid Gardens was an unforgettable experience. The location is unmatched, the facilities are rare on the market in such a central area (huge pool, bit tennis court, basketball court, garden...). But most of all, the atmosphere is unique. Building and facilities are stylish by their simplicity. Being known as the best building in town for decades, without aging, this property has demonstrated the quality of its management, which is the first thing one has to consider before buying or renting a property in Bangkok. This is where I plan to retire one day, no doubt about it.
    BRILLANT LOCATION, CLASSIC BEAUTY
    Verified Former Resident, 3 years ago
    Location, location, location ! Just a short walk from all the goodies: 5 min to BTS Chitlom, 4 min to Central Chitlom / Central Embassy and its fantastic supermarket and restaurants.10 min to Bumrungrad Hospital, 20 min to Lumpini Park. The Swimming Pool is a quiet heaven and the garden an oasis of tranquillity in the heart of the city. Perfect place to relax and still be in the middle of it all. The building, the lobby, and the garden are thoughtfully designed and lovingly maintained. I enjoy the place every time I come to visit.
    Beautiful condo, convenient for traveling
    Adan Zapatero, Spain, 6 years ago
    From the living experience at Somkid Garden, it's a pleasant condo to live in, fully furnished and good furniture decorated, pretty food. You will touch with the comfort since the first step you enter, wonderful. I love the room because it offers a beautiful city view from the living room. The facilities are also complete, including a communal pool, a gym, sauna, steam room, and a shuttle bus service, very comfortable. If you face problems, you can contact the staff anytime; they are helpful. The safety system is also secured because they provide excellent service since the entrance to the room with Key card access. Love everything here! Moreover, the nearest shopping mall is Central World, 2 kilometers far. Able to use the taxi service in front of the condo, good location, and worth money paid.
    Bangkok
    Lumphini

    Neighborhood Overview

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