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    Studio Condo for sale at Baan Somthavil
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    $94,100 $103,000
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    Studio Condo for sale at Baan Somthavil
    (1 Review)
    Unit ID: U30421
    8% Rental Yield
    Lumphini, Pathum Wan,Bangkok
    $94,100 $103,000 Great Price
    Studio Bedroom
    1
    Bathroom
    506 Sqft
    Size
    3
    Floor
    Dec 1996
    Completed
    1
    Sale Price
    $94,100
    $103,000
    Great Price

    About This Condo

    This property is a 506 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 1996. You can buy this condo for a base price of $94,100 ($186/Sqft).

    Features

    BalconyBalcony

    Basic Information

    Date Listed Jul 27, 2017
    Updated 4 years ago
    Property Type Condo
    Floor 3
    Bedroom Studio
    Size 506 Sqft
    Price per Sqft $186
    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) N/A
    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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U30421

    Investment Opportunity: Charges & Yield

    Sale Price
    $94,100
    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.
    13
    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 studio condos at Baan Somthavil, and the current sales price.
    8%

    Project Details

    Project Name: Baan Somthavil
    Developer: Sansiri
    Construction: Completed (Dec 1996)
    Floors: 21
    Buildings: 1
    Units: 113
    Project Area: 23,422 Sqft
    Nearest Landmark Ratchadamri BTS - 0.1 Km
    Location: Lumphini, Bangkok
    Baan Somthavil 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
    Tennis Court Tennis Court
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Attached Market / Shops Attached Market / Shops
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Baan Somthavil

    • All
    • Fitness
    • Leisure
    3
    • Tennis Court
      Ground Floor
    • Communal Pool
      2nd Floor
    • Communal Gym
      2nd Floor

    Available Units at Baan Somthavil

    For Sale 1 For Rent 19
    • All
    • Studio
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    Frequently Asked Questions

    No pets are allowed at Baan Somthavil unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Ratchadamri BTS is the nearest BTS Station from Baan Somthavil and it is 0.1 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 Somthavil 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

    4.3 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A luxury condo in the heart of the big city near BTS Station
    Delmer Rooney, Italy, 13 years ago
    I just decided to buy a studio condo here, which is a small room suitable for living alone like me because I just moved to work in Bangkok. Personally, I don't like renting rooms. However, this place is in a very good location near shopping malls, restaurants, and convenience stores that open for 24 hours. Better yet, it is near Ratchadamri BTS, just less than a 5-minute walk to the condo. Usually, I don't use a private car anymore, so it's perfect, and this is the main reason to buy a condo here. However, the price is high and a bit old. But I want to say that even though it's old and built for a very long time, both the building and the room are well cared for. The service of the staff at the lobby and the security guards are very friendly. There are monthly rentals, short term, and long term as well. So in case anyone is interested, you can come and visit first. Oh, I'm not a sham!!
    Bangkok
    Lumphini

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