Unit ID: U1164570
3% Rental Yield
Lumphini, Pathum Wan,Bangkok
฿14,500,000
2 Bedrooms
2
Bathrooms
92 SqM
Size
11
Floor
Dec 2011
Completed

About This Condo

This property is a 92 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of ฿14,500,000 (฿157,609/SqM).

Features

Corner UnitCorner Unit BalconyBalcony TVTV

Basic Information

Date Listed Oct 20, 2022
Updated 11 months ago
Property Type Condo
Floor 11
Bedrooms 2
Size 92 SqM
Price per SqM ฿157,609
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, Garden View
Unit Type N/A
Building Renova Residence Chidlom
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.
฿3,680/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1164570

Investment Opportunity: Charges & Yield

Sale Price
฿14,500,000
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.
฿3,680/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.
36
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 2 bedroom condos at Renova Residence Chidlom, and the current sales price.
3%

Project Details

Project Name: Renova Residence Chidlom
Construction: Completed (Dec 2011)
Floors: 16
Buildings: 1
Units: 62
Project Area: 981 SqM
Nearest Landmark Phloen Chit BTS - 0.4 Km
Location: Lumphini, Bangkok
Renova Residence Chidlom 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
Reception / Lobby Area Reception / Lobby Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Renova Residence Chidlom

  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop
  • Reception / Lobby Area
    Ground Floor

Available Units at Renova Residence Chidlom

For Sale 3 For Rent 5
Get notified when new homes are being added to Renova Residence Chidlom
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Frequently Asked Questions

No pets are allowed at Renova Residence Chidlom 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 ฿40 per square meter based on the size of indoor area of the property and is ฿3,680 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.
Phloen Chit BTS is the nearest BTS Station from Renova Residence Chidlom and it is 0.4 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 Renova Residence Chidlom 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 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Close to Ploenchit BTS station, just 3 minutes walk.
Kanokpon S., Thailand, 5 years ago
I rented here because it is close to the main road and close to the Ploenchit BTS station. All this convenience makes my life more convenient and comfortable. Some days I have to go for an appointment with the customers. I always drive a car. The day I go working, I usually take the BTS Skytrain because it is convenient and doesn't waste my time. I love the room I rented so much, even though it is a low-rise condominium project, but I can experience the amazing Bangkok's view. I stayed here while working in Bangkok, and I can recommend to all of you looking for the condo to stay. I will suggest here because it is convenient. The project location is surrounded by numerous restaurants and department stores. Moreover, it is a tranquility and privacy place. The residents here also are cute and friendly and don't bother me at all.
Condo near Ploenchit BTS
Tom Hanneman, United States, 5 years ago
I've stayed here for 1 week. Our room is a fully-furnished 1-bedroom on the 5th floor. Shame that the water heater didn't work, so my girlfriend complained a lot. Fortunately, the owner fixed it immediately, so it's okay. Convenient travel near Ploenchit BTS, just 5 minutes by foot.
Good location, accessible everywhere
Esperanza Durst, Brazil, 5 years ago
The rooms are clean and well maintained. The building has an excellent security system. The pool is clean. The scenery is amazing from the rooftop. The room has a wide area, but a few disadvantages are that the walls and the door are thin. It rarely keeps sound and easily makes a little noise coming into the room. Overall, It is considered okay as it features a wide and large swimming pool, but there are no beds or umbrellas by the pool. However, the location is excellent, and the price is reasonable and okay. It is also close to all the nearby amenities, such as Phetchaburi MRT Station and Bumrungrad International Hospital, just a few minutes only.
It is situated in the downtown area.
Dalila Spruell, Germany, 6 years ago
Thai friends recommend the condo here to me, and I am impressed because it is situated in the downtown area. Since I've been here, I rarely go outside because it comprises the complete facilities, whether it is a swimming pool and a fitness room. If you are hungry, you can easily order Food Panda delivery. The space in the room is spacious and proportionate. There is a small and well-equipped kitchen. If going out to various places, you can walk to Ploenchit BTS station. It takes only 5 minutes !! The condo is good, worth the price paid.
Better than expected
Noble Sulik, United States, 7 years ago
The building looks old, but the interior is extensively renovated. The interior is nice and clean. However, the facilities cause me disappointed because the communal pool is not well-maintained, yet there is not enough exercise equipment for the residents. Nevertheless, the project location is near Phloen Chit BTS Station, just about 400 meters or 5 minutes' walk.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Renova Residence Chidlom

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
Lumphini, Pathum Wan, Bangkok
Number of units
64
Sales Prices
฿4.8M - ฿9M
▲ 8% overpriced
Monthly Rentals
฿20K - ฿45K
Year Built
Dec 2011
Completion Status
Completed
Project Name
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Location
Lumphini, Pathum Wan, Bangkok
Number of units
90
Sales Prices
฿6.92M - ฿31.4M
▼ -32% underpriced
Monthly Rentals
฿32K - ฿55K
Year Built
Jan 2021
Completion Status
Completed
Project Name
Life One Wireless
Location
Lumphini, Pathum Wan, Bangkok
Number of units
1344
Sales Prices
฿4.6M - ฿13.9M
▲ 1.1% overpriced
Monthly Rentals
฿13.9K - ฿60K
Year Built
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Completion Status
Completed
Project Name
O2 Hip Condo
Location
Lumphini, Pathum Wan, Bangkok
Number of units
48
Sales Prices
฿8.5M - ฿19.5M
▼ -10.7% underpriced
Monthly Rentals
฿30K - ฿70K
Year Built
Feb 2010
Completion Status
Completed
Project Name
Witthayu Complex
Location
Makkasan, Pathum Wan, Bangkok
Number of units
378
Sales Prices
฿4.19M - ฿19.5M
▼ -46% underpriced
Monthly Rentals
฿16.5K - ฿55K
Year Built
Dec 1996
Completion Status
Completed
Project Name
Park Ploenchit
Location
Khlong Toei Nuea, Pathum Wan, Bangkok
Number of units
162
Sales Prices
฿6.12M - ฿9.34M
Monthly Rentals
฿25K - ฿50K
Year Built
Jan 1997
Completion Status
Completed
Location
Khlong Toei Nuea, Pathum Wan, Bangkok
Number of units
252
Sales Prices
฿2.8M - ฿4.35M
▼ -21% underpriced
Monthly Rentals
฿15K
Year Built
Dec 1983
Completion Status
Completed
Project Name
Ploenchit Terrace
Location
Lumphini, Pathum Wan, Bangkok
Number of units
N/A
Sales Prices
฿99M
Monthly Rentals
N/A
Year Built
Jan 1993
Completion Status
Completed
Project Name
First Tower
Location
Khlong Toei Nuea, Pathum Wan, Bangkok
Number of units
208
Sales Prices
฿4.6M - ฿8.5M
▼ -50% underpriced
Monthly Rentals
฿40K
Year Built
Dec 2002
Completion Status
Completed
Project Name
Noble Ploenchit
Location
Lumphini, Pathum Wan, Bangkok
Number of units
1444
Sales Prices
฿6.6M - ฿99M
▼ -4.4% underpriced
Monthly Rentals
฿29K - ฿1.27M
Year Built
Dec 2016
Completion Status
Completed
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