Unit ID: U1930997
3% Rental Yield
Lumphini, Pathum Wan,Bangkok
$2,480,000
3 Bedrooms
5
Bathrooms
2,706 Sqft
Size
20
Floor
Dec 1995
Completed

About This Condo

This property is a 2,706 Sqft condo with 3 bedrooms and 5 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 $2,480,000 ($918/Sqft) and it is also available for long term rentals starting from $5,840 per month.

Somkid garden

Newly renovated and fully fitted apartment (unfurnished) with a spacious 251.4 sqm layout. The property features 3 bedrooms, 5 bathrooms (4 with showers, excluding the guest bathroom), a large living room, a home office, a fully equipped kitchen, a laundry room, and a wet room

Basic Information

Date Listed Sep 10, 2024
Updated 3 months ago
Property Type Condo
Floor 20
Bedrooms 3
Size 2,706 Sqft
Price per Sqft $918
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%.

N/A
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) N/A
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.
$551/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1930997

Investment Opportunity: Charges & Yield

Sale Price
$2,480,000
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.
$551/mo
Rent
$5,840/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. 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: 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

  • 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
Get notified when new homes are being added to Somkid Gardens
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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 $551 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

Location and Neighborhood

Street View

Projects Nearby Somkid Gardens

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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
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Number of units
48
Sales Prices
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Monthly Rentals
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Number of units
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Year Built
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Project Name
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Number of units
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Completion Status
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Number of units
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Sales Prices
$262.93K
▼ -45% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Project Name
Chidlom Place
Location
Lumphini, Pathum Wan, Bangkok
Number of units
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Sales Prices
$774.18K
Monthly Rentals
N/A
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Completion Status
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Lumphini, Pathum Wan, Bangkok
Number of units
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Year Built
Dec 2008
Completion Status
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Number of units
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▲ 35% overpriced
Monthly Rentals
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Year Built
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Completion Status
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Project Name
President Place
Location
Lumphini, Pathum Wan, Bangkok
Number of units
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$73.04K - $108.09K
▼ -48% underpriced
Monthly Rentals
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Completion Status
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Project Name
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Lumphini, Pathum Wan, Bangkok
Number of units
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$134.39K - $406.08K
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Year Built
Apr 2020
Completion Status
Completed
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