Unit ID: U1076036
4% Rental Yield
Chong Nonsi, Yan Nawa,Bangkok
฿6,700,000
2 Bedrooms
2
Bathrooms
63 SqM
Size
4
Floor
Jan 2007
Completed

About This Condo

This property is a 63 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chong Nonsi, Bangkok and was completed in Jan 2007. You can buy this condo for a base price of ฿6,700,000 (฿106,349/SqM) and it is also available for long term rentals starting from ฿23,000 per month.

Lumpini Place Narathiwas 24

Lumpini Place Narathiwas 24 is a condo project located in Chong Nonsi, Bangkok and was completed in Dec 2002. It has 190 units across 9 floors

Features

Corner UnitCorner Unit BalconyBalcony Washing MachineWashing Machine TVTV

Basic Information

Date Listed Mar 25, 2022
Updated 2 years ago
Property Type Condo
Floor 4
Bedrooms 2
Size 63 SqM
Price per SqM ฿106,349
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) Garden 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1076036

Investment Opportunity: Charges & Yield

Sale Price
฿6,700,000
Rent
฿23,000/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.
24
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.
4%

Project Details

Developer: LPN Development
Construction: Completed (Jan 2007)
Floors: 9
Buildings: N/A
Units: 233
Project Area: N/A
Nearest Landmark Centralplaza Rama 3 - 1.3 Km
Location: Chong Nonsi, Bangkok
Lumpini Place Narathiwasratchanakarin 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
Sauna Sauna

Available Units at Lumpini Place Narathiwasratchanakarin

For Sale 7 For Rent 4
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Frequently Asked Questions

No pets are allowed at Lumpini Place Narathiwasratchanakarin unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Centralplaza Rama 3 is the nearest Shopping Mall from Lumpini Place Narathiwasratchanakarin and it is 1.3 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 Narathiwasratchanakarin 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
Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Place Narathiwasratchanakarin

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
Chong Nonsi, Yan Nawa, Bangkok
Number of units
294
Sales Prices
฿3.87M - ฿10.5M
Monthly Rentals
฿18K - ฿35.1K
Year Built
Dec 2011
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
211
Sales Prices
฿5.07M - ฿19M
▲ 6% overpriced
Monthly Rentals
฿25.1K - ฿55.1K
Year Built
Dec 2006
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
214
Sales Prices
฿5.97M - ฿9.02M
▼ -32% underpriced
Monthly Rentals
฿25.1K - ฿27.1K
Year Built
Jul 2015
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
621
Sales Prices
฿2.65M - ฿9.42M
▼ -15% underpriced
Monthly Rentals
฿12K - ฿47.1K
Year Built
Dec 2009
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
267
Sales Prices
฿2.48M - ฿11M
Monthly Rentals
฿12K - ฿42.1K
Year Built
Jan 1997
Completion Status
Completed
Project Name
Liang Garden
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
N/A
Sales Prices
฿10M - ฿18M
Monthly Rentals
฿35.1K - ฿85.2K
Year Built
Jan 1997
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
566
Sales Prices
฿2.95M - ฿8.4M
Monthly Rentals
฿13K - ฿58K
Year Built
Nov 2018
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
150
Sales Prices
฿23M
Monthly Rentals
฿55K
Year Built
Nov 2011
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
244
Sales Prices
฿7.92M - ฿13.9M
▼ -25% underpriced
Monthly Rentals
฿27.1K - ฿65.1K
Year Built
Jan 2014
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
620
Sales Prices
฿1.95M - ฿3.72M
▼ -19.5% underpriced
Monthly Rentals
฿10K - ฿16K
Year Built
Dec 2001
Completion Status
Completed
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