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    Studio Condo for sale at Lumpini Place Rama 3 - Riverine
    Bang Phongphang, Yan Nawa,Bangkok
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    Sale Price
    $57,500
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    Studio Condo for sale at Lumpini Place Rama 3 - Riverine
    (1 Review)
    Unit ID: U1950107
    6% Rental Yield
    Bang Phongphang, Yan Nawa,Bangkok
    $57,500
    Studio Bedroom
    1
    Bathroom
    259 Sqft
    Size
    7
    Floor
    Mar 2024
    Completed
    7
    Sale Price
    $57,500

    About This Condo

    This property is a 259 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Bang Phongphang, Bangkok and was completed in Mar 2024. You can buy this condo for a base price of $57,500 ($222/Sqft) and it is also available for long term rentals starting from $275 per month.

    Features

    BalconyBalcony Washing MachineWashing Machine TVTV

    Basic Information

    Date Listed Oct 21, 2024
    Updated 2 months ago
    Property Type Condo
    Floor 7
    Bedroom Studio
    Size 259 Sqft
    Price per Sqft $222
    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
    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) City View
    Unit Type N/A
    Building Lumpini Place Rama 3 - Riverine
    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 Government Rate
    Water Price Government Rate
    Unit ID U1950107

    Investment Opportunity: Charges & Yield

    Sale Price
    $57,500
    Rent
    $275/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.
    17
    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.
    6%

    Project Details

    Project Name: Lumpini Place Rama 3 - Riverine
    Developer: LPN Development
    Construction: Completed (Mar 2024)
    Floors: 35
    Buildings: 1
    Units: 719
    Project Area: 62,000 Sqft
    Nearest Landmark Surasak BTS - 5.3 Km
    Location: Bang Phongphang, Bangkok
    Lumpini Place Rama 3 - Riverine Project Details

    Project Features

    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
    Reception / Lobby Area Reception / Lobby Area
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Outdoor Kids Zone Outdoor Kids Zone
    Communal Garden Area Communal Garden Area
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Lumpini Place Rama 3 - Riverine

    • All
    • Leisure
    6
    • Communal Pool
      28th Floor
    • Communal Garden Area
      6th Floor
    • Co-Working Space / Meeting Room
      35th Floor

    Available Units at Lumpini Place Rama 3 - Riverine

    For Sale 5 For Rent 3
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Lumpini Place Rama 3 - Riverine
    View All (5)

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    Frequently Asked Questions

    No pets are allowed at Lumpini Place Rama 3 - Riverine unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Surasak BTS is the nearest BTS Station from Lumpini Place Rama 3 - Riverine and it is 5.3 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 Lumpini Place Rama 3 - Riverine 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
    A condo on the Chao Phraya Riverside.
    Jessica Wang, China, 6 years ago
    The project is close to the Chao Phraya River and has numerous amenities nearby, including shops, restaurants, department stores, and hospitals. It has a small number of units compared to the height of the 35-storey building. The project's surrounding environment has been designed to be beautiful and private. The room I bought is a 2 bedroom unit on the 23rd floor. The living area is large, it goes well together with modern furniture, and also I got a stunning unobstructed view of the Chao Phraya River. There are shops and vending machine services on the ground floor. It is a very attractive project for investment.
    Bangkok
    Bang Phongphang

    Neighborhood Overview

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