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    Studio Condo for sale at Lumpini Place Suksawat - Rama 2
    Chom Thong, Chom Thong,Bangkok
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    Sale Price
    $50,000
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    Studio Condo for sale at Lumpini Place Suksawat - Rama 2
    (1 Review)
    Unit ID: U1680564
    5% Rental Yield
    Chom Thong, Chom Thong,Bangkok
    $50,000
    Studio Bedroom
    1
    Bathroom
    280 Sqft
    Size
    7
    Floor
    Dec 2014
    Completed
    6
    Sale Price
    $50,000

    About This Condo

    This property is a 280 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Chom Thong, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of $50,000 ($179/Sqft) and it is also available for long term rentals starting from $222 per month.

    Features

    BalconyBalcony Access to BTS/MRTAccess to BTS/MRT

    Basic Information

    Date Listed Nov 8, 2023
    Updated 11 months ago
    Property Type Condo
    Floor 7
    Bedroom Studio
    Size 280 Sqft
    Price per Sqft $179
    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 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.
    $23/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1680564

    Investment Opportunity: Charges & Yield

    Sale Price
    $50,000
    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.
    $23/mo
    Rent
    $222/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.
    19
    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.
    5%

    Project Details

    Project Name: Lumpini Place Suksawat - Rama 2
    Developer: LPN Development
    Construction: Completed (Dec 2014)
    Floors: 32
    Buildings: N/A
    Units: 747
    Project Area: N/A
    Nearest Landmark Rama III Bridge BRT - 2.5 Km
    Location: Chom Thong, Bangkok
    Lumpini Place Suksawat - Rama 2 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
    Communal Garden Area Communal Garden Area

    Available Units at Lumpini Place Suksawat - Rama 2

    For Sale 12 For Rent 9
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Lumpini Place Suksawat - Rama 2
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    Frequently Asked Questions

    No pets are allowed at Lumpini Place Suksawat - Rama 2 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 $23 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 Place Suksawat - Rama 2 the required payment for the sinking fund is $9 per square meter based on the size of the indoor area of the property.
    Rama III Bridge BRT is the nearest BRT Station from Lumpini Place Suksawat - Rama 2 and it is 2.5 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 Place Suksawat - Rama 2 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

    4.2 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The best condo matches my living needs.
    David S., Austria, 6 years ago
    It's one of the best condos in a prime location because of in proximity to numerous restaurants, shops, and convenience stores which are very convenient. The design is also stylish and provides premium furniture. The condo I bought has 1 bedroom and 1 bathroom, with a spacious unit area accommodating 1-3 people. The common area is also well-maintained, with a modern and convenient gym. The management is also great and comes with friendly staff and neighbors.
    Bangkok
    Chom Thong

    Neighborhood Overview

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