Unit ID: U1899380
6% Rental Yield
Prawet, Prawet,Bangkok
฿1,550,000
1 Bedroom
1
Bathroom
26 SqM
Size
5
Floor
Jan 2014
Completed

About This Condo

This property is a 26 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Prawet, Bangkok and was completed in Jan 2014. You can buy this condo for a base price of ฿1,550,000 (฿59,615/SqM).

Basic Information

Date Listed Jul 22, 2024
Updated 3 months ago
Property Type Condo
Floor 5
Bedroom 1
Size 26 SqM
Price per SqM ฿59,615
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) N/A
Unit Type N/A
Building Building C
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.
฿780/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1899380

Investment Opportunity: Charges & Yield

Sale Price
฿1,550,000
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.
฿780/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Lumpini Ville On Nut – Lat Krabang 2, and the current sales price.
6%

Project Details

Developer: LPN Development
Construction: Completed (Jan 2014)
Floors: 8
Buildings: 4
Units: 1040
Project Area: 16,000 SqM
Nearest Landmark Suvarnabhumi Airport - 6.1 Km
Location: Prawet, Bangkok
Lumpini Ville On Nut – Lat Krabang 2 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Co-Working Space / Meeting Room Co-Working Space / Meeting Room

Available Units at Lumpini Ville On Nut – Lat Krabang 2

For Sale 4 For Rent 4
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Frequently Asked Questions

No pets are allowed at Lumpini Ville On Nut – Lat Krabang 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 ฿30 per square meter based on the size of indoor area of the property and is ฿780 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.
Suvarnabhumi Airport is the nearest Airport from Lumpini Ville On Nut – Lat Krabang 2 and it is 6.1 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 Lumpini Ville On Nut – Lat Krabang 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

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Bangkok
Prawet

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Ville On Nut – Lat Krabang 2

Location
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
Location
Prawet, Prawet, Bangkok
Number of units
1118
Sales Prices
฿1.2M - ฿1.79M
▼ -28% underpriced
Monthly Rentals
฿5.01K - ฿17.5K
Year Built
Dec 2015
Completion Status
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Location
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Number of units
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Sales Prices
฿12M - ฿12.7M
▲ 29% overpriced
Monthly Rentals
฿33.1K - ฿55.1K
Year Built
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Completion Status
Completed
Project Name
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Location
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Number of units
62
Sales Prices
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Completion Status
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Number of units
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N/A
Year Built
Dec 2019
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
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Sales Prices
฿3.61M - ฿12.9M
Monthly Rentals
฿19.1K - ฿100K
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Completion Status
Completed
Location
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Number of units
168
Sales Prices
฿11.9M - ฿22M
▼ -23% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Lat Krabang, Prawet, Bangkok
Number of units
120
Sales Prices
฿12.5M - ฿26M
Monthly Rentals
N/A
Year Built
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Completion Status
Off Plan
Location
Prawet, Prawet, Bangkok
Number of units
98
Sales Prices
฿5.11M
Monthly Rentals
฿27.1K
Year Built
Feb 2017
Completion Status
Completed
Project Name
Baan Mittraphap 2
Location
Prawet, Bangkok, Thailand
Number of units
233
Sales Prices
฿10.9M - ฿16.9M
Monthly Rentals
N/A
Year Built
Jan 1985
Completion Status
Completed
Location
Prawet, Prawet, Bangkok
Number of units
498
Sales Prices
฿1.29M - ฿3.39M
▼ -12% underpriced
Monthly Rentals
฿7K - ฿19K
Year Built
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Completion Status
Completed
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