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    Studio Condo for sale at Lumpini Park Phahon 32
    Chantharakasem, Chatuchak,Bangkok
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    Sale Price
    ฿3,605,000
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    Studio Condo for sale at Lumpini Park Phahon 32
    (1 Review)
    Unit ID: U656242
    3% Rental Yield
    Tenant-Occupied until Dec 1, 2024
    Chantharakasem, Chatuchak,Bangkok
    ฿3,605,000
    Studio Bedroom
    1
    Bathroom
    24 SqM
    Size
    11
    Floor
    May 2020
    Completed
    10
    Sale Price
    ฿3,605,000

    About This Condo

    This property is a 24 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Chantharakasem, Bangkok and was completed in May 2020. You can buy this condo for a base price of ฿3,605,000 (฿150,208/SqM) and it is also available for long term rentals starting from ฿8,500 per month.

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Jan 25, 2021
    Updated 7 months ago
    Property Type Condo
    Floor 11
    Bedroom Studio
    Size 24 SqM
    Price per SqM ฿150,208
    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
    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 Government Rate
    Water Price Government Rate
    Unit ID U656242

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿3,605,000
    Rent
    ฿8,500/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.
    35
    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: Lumpini Park Phahon 32
    Developer: LPN Development
    Construction: Completed (May 2020)
    Floors: 30
    Buildings: 1
    Units: 546
    Project Area: 6,400 SqM
    Nearest Landmark Sena Nikhom BTS - 0.4 Km
    Location: Chantharakasem, Bangkok
    Lumpini Park Phahon 32 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
    Steam Room Steam Room
    Sauna Sauna
    Walking / Running Track Walking / Running Track
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Indoor Games Room Indoor Games Room
    Library / Reading Room Library / Reading Room
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Attached Market / Shops Attached Market / Shops
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Lumpini Park Phahon 32

    • All
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      24th Floor
    • Communal Garden Area
      Ground Floor

    Available Units at Lumpini Park Phahon 32

    For Sale 10 For Rent 7
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Lumpini Park Phahon 32
    View All (10)

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    Frequently Asked Questions

    No pets are allowed at Lumpini Park Phahon 32 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Sena Nikhom BTS is the nearest BTS Station from Lumpini Park Phahon 32 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 Lumpini Park Phahon 32 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
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A great condo near BTS
    Gabrial F., Germany, 3 years ago
    It is a lovely condo within a few mins away from BTS and the main road, making it the most convenient way to travel in the city. Plus, there are complete facilities in the common area, which is perfect! The condo is also surrounded by various essential places such as department stores such as Major Ratchayothin, Bang Khen Market, schools, hospitals, and many others. More importantly, it comes with a reliable security system which makes me feel at ease. This condo is worthwhile for living and investment.
    Bangkok
    Chantharakasem

    Neighborhood Overview

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