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    3 Bedroom Condo for sale at Baan Na Varang
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    $868,000
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    3 Bedroom Condo for sale at Baan Na Varang
     (Write Review)
    Unit ID: U1886925
    3% Rental Yield
    Lumphini, Pathum Wan,Bangkok
    $868,000
    3 Bedrooms
    2
    Bathrooms
    1,251 Sqft
    Size
    12
    Floor
    Dec 1997
    Completed
    18
    Sale Price
    $868,000

    About This Condo

    This property is a 1,251 Sqft condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 1997. You can buy this condo for a base price of $868,000 ($694/Sqft).

    Features

    Covered ParkingCovered Parking Corner UnitCorner Unit Maids QuartersMaids Quarters BalconyBalcony

    Basic Information

    Date Listed Jun 29, 2024
    Updated 6 months ago
    Property Type Condo
    Floor 12
    Bedrooms 3
    Size 1,251 Sqft
    Price per Sqft $694
    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
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) City View
    Unit Type N/A
    Building Baan Na Varang
    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.
    $120/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1886925

    Investment Opportunity: Charges & Yield

    Sale Price
    $868,000
    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.
    $120/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.
    39
    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 3 bedroom condos at Baan Na Varang, and the current sales price.
    3%

    Project Details

    Project Name: Baan Na Varang
    Developer: Navarang Asset Co.,Ltd
    Construction: Completed (Dec 1997)
    Floors: 24
    Buildings: 1
    Units: 95
    Project Area: 17,567 Sqft
    Nearest Landmark Chit Lom BTS - 0.3 Km
    Location: Lumphini, Bangkok
    Baan Na Varang 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
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Lounge Lounge
    Pool / Snooker Table Pool / Snooker Table
    Communal Garden Area Communal Garden Area
    Back Up Generators Back Up Generators

    Popular Facilities at Baan Na Varang

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      6th Floor
    • Communal Gym
      6th Floor
    • Pool / Snooker Table
      6th Floor

    Available Units at Baan Na Varang

    For Sale 1 For Rent 27
    • All
    • 3 Beds
    Get notified when new homes are being added to Baan Na Varang
    View All (1)

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    Frequently Asked Questions

    No pets are allowed at Baan Na Varang 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 $120 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 Baan Na Varang 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 Baan Na Varang 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

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    Bangkok
    Lumphini

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