Lumpini Place Ratchayothin

4.5 (1 Review)

Chantharakasem, Chatuchak,Bangkok

Unit ID: U648978
4% Rental Yield
฿3,290,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
28 SqM Size
Floors
16 Floor
Construction
Dec 2011 Completed

1 Bedroom Condo for sale at Lumpini Place Ratchayothin

This property is a 28 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Lumpini Place Ratchayothin project in Chantharakasem, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of ฿3,290,000 (฿117,500/SqM).

Features

BalconyBalcony TVTV

Basic Information

Property Type Condo
Floor 16
Bedroom 1
Size 28 SqM
Price per SqM ฿117,500
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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 1BR
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
Date Listed Feb 15, 2021
Last Updated 8 months ago
Unit ID U648978

Price Analysis

Fair Price
Estimated market value ฿3,181,275
Great
฿3,160,000
Good
Fair
Above
฿3,330,000
Current asking Price: ฿3,290,000 | Rental estimate: ฿10,800/mo
This condo is ฿108,725 ABOVE MARKET (3%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿3,290,000
Est. Rent
฿10,800/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.
25
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 1 bedroom condos at Lumpini Place Ratchayothin, and the current sales price.
4%

Project Details

Developer: LPN Development
Construction: Completed (Dec 2011)
Floors: 20
Buildings: 2
Units: 1827
Project Area: 21,276 SqM
Nearest Landmark Phahon Yothin MRT - 2.1 Km
Location: Chantharakasem, Chatuchak, Bangkok
Lumpini Place Ratchayothin 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
Sauna Sauna
Walking / Running Track Walking / Running Track
Basketball Net Basketball Net
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 Place Ratchayothin

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Communal Garden Area
    Ground Floor

Available Units at Lumpini Place Ratchayothin

For Sale 5 For Rent 6
Get notified when new homes are being added to Lumpini Place Ratchayothin

Loan Calculator

Frequently asked questions

No pets are allowed at Lumpini Place Ratchayothin unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phahon Yothin MRT is the nearest MRT from Lumpini Place Ratchayothin and it is 2.1 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 Ratchayothin 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

Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

Do you own a property at Lumpini Place Ratchayothin?

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Reviews

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo next to BTS
4.5 Anjelica Medal, United States, 6 years ago
I was looking for a condo in the On-nut area. Luckily, one of my colleagues lives in this condo, so I had a chance to visit. The site is near Ratchayothin BTS station, just a few steps, so it's convenient to travel around. I also love it as the shopping mall is just 300 meters away. The room is in a good proportion in a modern style. It is so functional. Shame that there are only 1-bedroom and 2-bedroom units available, so it won't be suitable for a big family. The project has a wide range of facilities - a pool, sauna., a gym, restaurants, a garden, and security systems for 24 hours. You have to get access by kay card, so it's quite safe. The residents here can be less socialized; they just smile when passing by each other. I think that's what happens with the residents in other condos too. Overall, it was great, moving on soon!

Bangkok

Chantharakasem

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Lumpini Place Ratchayothin

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