Unit ID: U1620370
4% Rental Yield
Tenant-Occupied until Aug 31, 2027
Bang Phongphang, Yan Nawa,Bangkok
$432,000
3 Bedrooms
2
Bathrooms
1,119 Sqft
Size
30
Floor
Dec 2011
Completed

About This Condo

This property is a 1,119 Sqft condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Bang Phongphang, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of $432,000 ($386/Sqft) and it is also available for long term rentals starting from $1,580 per month.

Features

Two PoolsTwo Pools TerraceTerrace Corner UnitCorner Unit BalconyBalcony BathtubBathtub MicrowaveMicrowave

Basic Information

Date Listed Jun 27, 2023
Updated 1 year ago
Property Type Condo
Floor 30
Bedrooms 3
Size 1,119 Sqft
Price per Sqft $386
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%.

Leasehold
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) River or Canal View, City View, Unblocked Open 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.
$105/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1620370

Investment Opportunity: Charges & Yield

Sale Price
$432,000
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.
$105/mo
Rent
$1,580/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.
23
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: LPN Development
Construction: Completed (Dec 2011)
Floors: 36
Buildings: N/A
Units: 2405
Project Area: N/A
Nearest Landmark Surasak BTS - 4.5 Km
Location: Bang Phongphang, Bangkok
Lumpini Park Riverside Rama 3 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Key card access Key card access
Shuttle Bus Shuttle Bus

Available Units at Lumpini Park Riverside Rama 3

For Sale 33 For Rent 23
Available Units at Lumpini Park Riverside Rama 3
$95,000
$276/Sqft
Beds 1 Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 22 Floor
Thai Quota Fully Furnished Skyline View
Available Units at Lumpini Park Riverside Rama 3
$164,000
$238/Sqft
Beds 2 Beds
Baths 2 Baths
Size 689 Sqft Size
Floor 35 Floor
Thai Quota Fully Furnished City View
Available Units at Lumpini Park Riverside Rama 3
$77,700
$222/Sqft
Beds 1 Beds
Baths 1 Baths
Size 350 Sqft Size
Floor 36 Floor
Thai Quota Fully Furnished River or Canal View
Updated 4 weeks ago
Available Units at Lumpini Park Riverside Rama 3
$86,300
$277/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 312 Sqft Size
Floor 23 Floor
Thai Quota Fully Furnished City View
Updated 1 month ago
Available Units at Lumpini Park Riverside Rama 3
$167,000
$270/Sqft
Beds 2 Beds
Baths 2 Baths
Size 619 Sqft Size
Floor 32 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$66,200
$216/Sqft
Beds 1 Beds
Baths 1 Baths
Size 307 Sqft Size
Floor 7 Floor
City View
Available Units at Lumpini Park Riverside Rama 3
$83,200
$234/Sqft
Beds 1 Beds
Baths 1 Baths
Size 355 Sqft Size
Floor 36 Floor
Thai Quota Fully Furnished City View
Updated 4 days ago
Available Units at Lumpini Park Riverside Rama 3
$187,000
$271/Sqft
Beds 2 Beds
Baths 2 Baths
Size 689 Sqft Size
Floor 34 Floor
Thai Quota Partly Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$83,400$90,600
$235/Sqft
Beds 1 Beds
Baths 1 Baths
Size 355 Sqft Size
Floor 19 Floor
Foreign Quota Fully Furnished River or Canal View
Updated 1 week ago
Available Units at Lumpini Park Riverside Rama 3
$408,000
$367/Sqft
Beds 1 Beds
Baths 2 Baths
Size 1,111 Sqft Size
Floor 29 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$84,900
$239/Sqft
Beds 1 Beds
Baths 1 Baths
Size 355 Sqft Size
Floor 33 Floor
Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$77,700
$222/Sqft
Beds 1 Beds
Baths 1 Baths
Size 350 Sqft Size
Floor 28 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$65,200
$213/Sqft
Beds 1 Beds
Baths 1 Baths
Size 307 Sqft Size
Floor 7 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$68,800
$220/Sqft
Beds 1 Beds
Baths 1 Baths
Size 312 Sqft Size
Floor 30 Floor
Thai Quota Fully Furnished Pool View
Available Units at Lumpini Park Riverside Rama 3
$486,000
$439/Sqft
Beds 3 Beds
Baths 1 Baths
Size 1,109 Sqft Size
Floor 19 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$74,500
$231/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 6 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$67,600
$237/Sqft
Beds 1 Beds
Baths 1 Baths
Size 285 Sqft Size
Floor 27 Floor
Thai Quota Fully Furnished City View
Available Units at Lumpini Park Riverside Rama 3
$86,000
$242/Sqft
Beds 1 Beds
Baths 1 Baths
Size 355 Sqft Size
Floor 25 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$115,000
$205/Sqft
Beds 2 Beds
Baths 2 Baths
Size 560 Sqft Size
Floor 36 Floor
Thai Quota Unfurnished City View
Available Units at Lumpini Park Riverside Rama 3
$178,000
$255/Sqft
Beds 2 Beds
Baths 2 Baths
Size 700 Sqft Size
Floor 34 Floor
Thai Quota Unfurnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$83,200
$234/Sqft
Beds 1 Beds
Baths 1 Baths
Size 355 Sqft Size
Floor 17 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$128,000
$188/Sqft
Great Price
Beds 2 Beds
Baths 2 Baths
Size 678 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at Lumpini Park Riverside Rama 3
$129,000
$209/Sqft
Beds 1 Beds
Baths 1 Baths
Size 619 Sqft Size
Floor 35 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$80,300$80,600
$233/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 9 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$77,700
$226/Sqft
Beds 1 Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 21 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$178,000
$254/Sqft
Beds 2 Beds
Baths 2 Baths
Size 700 Sqft Size
Floor 35 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$63,000
$225/Sqft
Beds 1 Beds
Baths 1 Baths
Size 280 Sqft Size
Floor 34 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$63,300
$210/Sqft
Beds 1 Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Available Units at Lumpini Park Riverside Rama 3
$432,000
$386/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,119 Sqft Size
Floor 30 Floor
Leasehold Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
$224,000
$325/Sqft
Beds 2 Beds
Baths 2 Baths
Size 691 Sqft Size
Floor 32 Floor
Foreign Quota Fully Furnished River or Canal View
Get notified when new homes are being added to Lumpini Park Riverside Rama 3
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Frequently Asked Questions

No pets are allowed at Lumpini Park Riverside Rama 3 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 $105 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 Lumpini Park Riverside Rama 3 the required payment for the sinking fund is $10 per square meter based on the size of the indoor area of the property.
Surasak BTS is the nearest BTS Station from Lumpini Park Riverside Rama 3 and it is 4.5 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 Lumpini Park Riverside Rama 3 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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Neighborhood Overview

Location and Neighborhood

Street View

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