Unit ID: U1386448
3% Rental Yield
Lumphini, Pathum Wan,Bangkok
$1,190,000
2 Bedrooms
3
Bathrooms
1,572 Sqft
Size
24
Floor
Dec 2008
Completed

About This Condo

This property is a 1,572 Sqft condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of $1,190,000 ($760/Sqft) and it is also available for long term rentals starting from $2,910 per month.

Features

BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Mar 22, 2023
Updated 1 year ago
Property Type Condo
Floor 24
Bedrooms 2
Size 1,572 Sqft
Price per Sqft $760
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 The Park Chidlom
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.
$213/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1386448

Investment Opportunity: Charges & Yield

Sale Price
$1,190,000
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.
$213/mo
Rent
$2,910/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.
34
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.
3%

Project Details

Project Name: The Park Chidlom
Construction: Completed (Dec 2008)
Floors: 28
Buildings: 1
Units: 218
Project Area: 94,044 Sqft
Nearest Landmark Chit Lom BTS - 0.5 Km
Location: Lumphini, Bangkok
The Park Chidlom Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
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
Basketball Court Basketball Court
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Kids Pool Kids Pool
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area
Library / Reading Room Library / Reading Room
Lounge Lounge
Golf Simulator Golf Simulator
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Park Chidlom

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at The Park Chidlom

For Sale 7 For Rent 46
Get notified when new homes are being added to The Park Chidlom
View All (7)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Park Chidlom 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 $213 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 The Park Chidlom 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 The Park Chidlom 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
I am pretty satisfied with this place
David Copp, Austria, 5 years ago
I rent here on a monthly basis. Overall, I am pretty satisfied with this place. First of all, what I like the most about this project is the location. Just so you know, living in Bangkok, the location comes first. The location here is very good, close to Chit Lom BTS station, convenient to travel everywhere. In addition, there are also famous shopping centers around, such as Central Chidlom, Central World, and Siam Paragon. It made my weekends never boring. In terms of the room, it is considered okay. There are 2 bedrooms to choose from until the penthouse. My room is a 2-bedroom room. Seriously, the room is in general with the perfect size and fully furnished. Another thing that WOW is about the facilities. In addition to having basic amenities, It is also a barbecue area, simulated golf course, and co-working space. It is considered high in terms of rental price, but if compared to what you have received, it's worth it.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Park Chidlom

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
Somkid Place
Location
Lumphini, Pathum Wan, Bangkok
Number of units
34
Sales Prices
$260.16K
▼ -45% underpriced
Monthly Rentals
N/A
Year Built
Dec 1991
Completion Status
Completed
Project Name
Chidlom Place
Location
Lumphini, Pathum Wan, Bangkok
Number of units
31
Sales Prices
$766.02K
Monthly Rentals
N/A
Year Built
Dec 1987
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
597
Sales Prices
$173.44K - $592.58K
▼ -8.1% underpriced
Monthly Rentals
$491 - $3.47K
Year Built
Dec 2008
Completion Status
Completed
Project Name
28 Chidlom
Location
Lumphini, Pathum Wan, Bangkok
Number of units
425
Sales Prices
$315.08K - $1.88M
▲ 42% overpriced
Monthly Rentals
$1.01K - $4.34K
Year Built
Sep 2019
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
757
Sales Prices
$274.18K - $618.95K
Monthly Rentals
N/A
Year Built
Jan 2028
Completion Status
Off Plan
Project Name
Manhattan Chidlom
Location
Makkasan, Pathum Wan, Bangkok
Number of units
190
Sales Prices
$179.22K - $2.17M
▼ -4.2% underpriced
Monthly Rentals
$723 - $5.2K
Year Built
Dec 2007
Completion Status
Completed
Location
Makkasan, Pathum Wan, Bangkok
Number of units
352
Sales Prices
$169.1K - $534.77K
▼ -9.3% underpriced
Monthly Rentals
$593 - $1.59K
Year Built
Jun 2018
Completion Status
Completed
Project Name
Somkid Gardens
Location
Lumphini, Pathum Wan, Bangkok
Number of units
100
Sales Prices
$1.39M - $2.89M
Monthly Rentals
$1.13K - $5.78K
Year Built
Dec 1995
Completion Status
Completed
Project Name
New House Condo
Location
Lumphini, Pathum Wan, Bangkok
Number of units
48
Sales Prices
$487.08K - $491.41K
▼ -49% underpriced
Monthly Rentals
$1.45K - $5.06K
Year Built
Jan 1994
Completion Status
Completed
Project Name
President Place
Location
Lumphini, Pathum Wan, Bangkok
Number of units
168
Sales Prices
$72.27K - $106.95K
▼ -48% underpriced
Monthly Rentals
$723 - $8.67K
Year Built
Dec 1999
Completion Status
Completed
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