Unit ID: U1886925
3% Rental Yield
Lumphini, Pathum Wan,Bangkok
฿29,500,000
3 Bedrooms
2
Bathrooms
116.20 SqM
Size
12
Floor
Dec 1997
Completed

About This Condo

This property is a 116.20 SqM condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 1997. You can buy this condo for a base price of ฿29,500,000 (฿253,873/SqM).

Features

Covered ParkingCovered Parking Corner UnitCorner Unit Maids QuartersMaids Quarters BalconyBalcony

Basic Information

Date Listed Jun 29, 2024
Updated 5 months ago
Property Type Condo
Floor 12
Bedrooms 3
Size 116.20 SqM
Price per SqM ฿253,873
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View
Unit Type N/A
Building Baan Na Varang
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.
฿4,067/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1886925

Investment Opportunity: Charges & Yield

Sale Price
฿29,500,000
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.
฿4,067/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.
39
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 3 bedroom condos at Baan Na Varang, and the current sales price.
3%

Project Details

Project Name: Baan Na Varang
Construction: Completed (Dec 1997)
Floors: 24
Buildings: 1
Units: 95
Project Area: 1,632 SqM
Nearest Landmark Chit Lom BTS - 0.3 Km
Location: Lumphini, Bangkok
Baan Na Varang Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators

Popular Facilities at Baan Na Varang

  • Communal Pool
    6th Floor
  • Communal Gym
    6th Floor
  • Pool / Snooker Table
    6th Floor

Available Units at Baan Na Varang

For Sale 1 For Rent 27
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Frequently Asked Questions

No pets are allowed at Baan Na Varang 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 ฿35 per square meter based on the size of indoor area of the property and is ฿4,067 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 Baan Na Varang and it is 0.3 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 Baan Na Varang 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
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

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