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    3 Bedroom Townhouse for sale at Lumpini Town Place Sukhumvit 62
    Bang Chak, Phra Khanong,Bangkok
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    Sale Price
    ฿7,400,000
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    3 Bedroom Townhouse for sale at Lumpini Town Place Sukhumvit 62
     (Write Review)
    Unit ID: U161783
    6% Rental Yield
    Bang Chak, Phra Khanong,Bangkok
    ฿7,400,000
    3 Bedrooms
    3
    Bathrooms
    200 SqM
    Indoor Area
    3
    Storeys
    Dec 2013
    Completed
    6
    Sale Price
    ฿7,400,000

    About This Townhouse

    This property is a 200 SqM townhouse with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Bang Chak, Bangkok and was completed in Dec 2013. You can buy this townhouse for a base price of ฿7,400,000 (฿37,000/SqM) and it is also available for long term rentals starting from ฿37,000 per month.

    Features

    Covered ParkingCovered Parking BalconyBalcony

    Basic Information

    Date Listed Aug 31, 2021
    Updated 4 weeks ago
    Property Type Townhouse
    Storeys 3
    Location Bang Chak, Bangkok
    Bedrooms 3
    Nearest Landmark Bang Chak BTS -1.3 Km
    Indoor Area 200 SqM
    Price per SqM ฿37,000
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    N/A
    Plot Size 92 SqM
    Pets Not Allowed
    Townhouse Ownership

    Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

    Thai Ownership
    Land Ownership

    Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

    Thai Ownership
    Land Title Deed N/A
    Construction Completed (Dec 2013)
    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) Blocked View
    Unit Type N/A
    Parking Spots 2
    Pool Size 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 U161783

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿7,400,000
    Rent
    ฿37,000/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.
    17
    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.
    6%

    Project Details

    Project Name: Lumpini Town Place Sukhumvit 62
    Developer: LPN Development
    Construction: Completed (Dec 2013)
    Units: 73
    Project Area: N/A
    Nearest Landmark Bang Chak BTS - 1.3 Km
    Location: Bang Chak, Bangkok
    Lumpini Town Place Sukhumvit 62 Project Details

    Project Features

    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at Lumpini Town Place Sukhumvit 62

    For Sale 4 For Rent 3
    • All
    • 3 Beds
    Get notified when new homes are being added to Lumpini Town Place Sukhumvit 62
    View All (4)

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    Frequently Asked Questions

    All kind of pets are allowed at Lumpini Town Place Sukhumvit 62 including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Bang Chak BTS is the nearest BTS Station from Lumpini Town Place Sukhumvit 62 and it is 1.3 km away.

    The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

    In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

     

    Read more here

    After you have found the right property at Lumpini Town Place Sukhumvit 62 you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer


    Read more here

    A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

    Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

    • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.

    • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)

    • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

    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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