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    2 Bedroom Condo for sale at The Park Chidlom
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    ฿41,000,000
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    2 Bedroom Condo for sale at The Park Chidlom
    (1 Review)
    Unit ID: U1386448
    3% Rental Yield
    Lumphini, Pathum Wan,Bangkok
    ฿41,000,000
    2 Bedrooms
    3
    Bathrooms
    146 SqM
    Size
    24
    Floor
    Dec 2008
    Completed
    7
    Sale Price
    ฿41,000,000

    About This Condo

    This property is a 146 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿41,000,000 (฿280,822/SqM) and it is also available for long term rentals starting from ฿100,000 per month.

    Features

    BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Mar 22, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 24
    Bedrooms 2
    Size 146 SqM
    Price per SqM ฿280,822
    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
    Unfurnished
    View(s) City View
    Unit Type N/A
    Building The Park 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.
    ฿7,300/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1386448

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿41,000,000
    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.
    ฿7,300/mo
    Rent
    ฿100,000/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.
    34
    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.
    3%

    Project Details

    Project Name: The Park Chidlom
    Developer: Hemaraj Land And Development
    Construction: Completed (Dec 2008)
    Floors: 28
    Buildings: 1
    Units: 218
    Project Area: 8,737 SqM
    Nearest Landmark Chit Lom BTS - 0.5 Km
    Location: Lumphini, Bangkok
    The Park Chidlom Project Details

    Project Features

    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Steam Room Steam Room
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Walking / Running Track Walking / Running Track
    Basketball Court Basketball Court
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Kids Pool Kids Pool
    Outdoor Kids Zone Outdoor Kids Zone
    BBQ Area BBQ Area
    Library / Reading Room Library / Reading Room
    Lounge Lounge
    Golf Simulator Golf Simulator
    Pool / Snooker Table Pool / Snooker Table
    Communal Garden Area Communal Garden Area
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at The Park Chidlom

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at The Park Chidlom

    For Sale 7 For Rent 45
    • All
    • 2 Beds
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to The Park Chidlom
    View All (7)

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    Frequently Asked Questions

    No pets are allowed at The Park 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 ฿50 per square meter based on the size of indoor area of the property and is ฿7,300 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.
    Chit Lom BTS is the nearest BTS Station from The Park Chidlom and it is 0.5 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 The Park 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

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    I am pretty satisfied with this place
    David Copp, Austria, 5 years ago
    I rent here on a monthly basis. Overall, I am pretty satisfied with this place. First of all, what I like the most about this project is the location. Just so you know, living in Bangkok, the location comes first. The location here is very good, close to Chit Lom BTS station, convenient to travel everywhere. In addition, there are also famous shopping centers around, such as Central Chidlom, Central World, and Siam Paragon. It made my weekends never boring. In terms of the room, it is considered okay. There are 2 bedrooms to choose from until the penthouse. My room is a 2-bedroom room. Seriously, the room is in general with the perfect size and fully furnished. Another thing that WOW is about the facilities. In addition to having basic amenities, It is also a barbecue area, simulated golf course, and co-working space. It is considered high in terms of rental price, but if compared to what you have received, it's worth it.
    Bangkok
    Lumphini

    Neighborhood Overview

    Location and Neighborhood

    Street View

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