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    Studio Condo for sale at Lumpini Place Bangna Km.3
    Bang Na, Bang Na,Bangkok
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    Sale Price
    ฿1,450,000
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    Studio Condo for sale at Lumpini Place Bangna Km.3
    (1 Review)
    Unit ID: U1909798
    6% Rental Yield
    Bang Na, Bang Na,Bangkok
    ฿1,450,000
    Studio Bedroom
    1
    Bathroom
    23 SqM
    Size
    6
    Floor
    Dec 2018
    Completed
    5
    Sale Price
    ฿1,450,000

    About This Condo

    This property is a 23 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Bang Na, Bangkok and was completed in Dec 2018. You can buy this condo for a base price of ฿1,450,000 (฿63,043/SqM).

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Aug 14, 2024
    Updated 4 months ago
    Property Type Condo
    Floor 6
    Bedroom Studio
    Size 23 SqM
    Price per SqM ฿63,043
    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%.

    Foreign Quota, Thai Quota
    Furniture
    Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
    Negotiable
    View(s) City View
    Unit Type N/A
    Building Building 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.
    ฿874/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1909798

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿1,450,000
    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.
    ฿874/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.
    16
    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 studio condos at Lumpini Place Bangna Km.3, and the current sales price.
    6%

    Project Details

    Project Name: Lumpini Place Bangna Km.3
    Developer: LPN Development
    Construction: Completed (Dec 2018)
    Floors: 8
    Buildings: 3
    Units: 609
    Project Area: 8,000 SqM
    Nearest Landmark Udom Suk BTS - 3 Km
    Location: Bang Na, Bangkok
    Lumpini Place Bangna Km.3 Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    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

    Available Units at Lumpini Place Bangna Km.3

    For Sale 10 For Rent 12
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Lumpini Place Bangna Km.3
    View All (10)

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    Frequently Asked Questions

    No pets are allowed at Lumpini Place Bangna Km.3 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 ฿38 per square meter based on the size of indoor area of the property and is ฿874 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.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Lumpini Place Bangna Km.3 the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
    Udom Suk BTS is the nearest BTS Station from Lumpini Place Bangna Km.3 and it is 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 Lumpini Place Bangna Km.3 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
    Quality condo with an affordable price in Bang Na
    Elina Elova, Russia, 6 years ago
    The condo I bought is a 1-bedroom, 1-bathroom unit and fully furnished. Inside the room, the proportions of the space are very well arranged. Also, it comes with a kitchen counter and a built-in wardrobe, and the materials used are also a quality brand. Moreover, there are full facilities here, such as a saltwater swimming pool, garden, fitness center, parking and a 24-hour security system, making me feel safe to live here. I decided to buy a condo here because the location is very good, and CentralPlaza Bang Na, Bizzo Bang Na, and many good restaurants surround the project. For transportation, it is convenient to travel around because it is close to Udom Suk BTS, or when you walk out in front of the alley, you will reach the main road. There is a public van service, motorcycle taxis and buses there. I can say that this is a quality condo that is worth investing in because the buying-selling price is not high. Therefore, buying for renting out can make a good profit in the future for sure.
    Bangkok
    Bang Na

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