Lumpini Ville Onnut 46

3.47 (6 Reviews)

Suan Luang, Suan Luang,Bangkok

Unit ID: U160101
6% Rental Yield
฿1,400,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
24 SqM Size
Floors
6 Floor
Construction
Oct 2014 Completed

1 Bedroom Condo for sale at Lumpini Ville Onnut 46

This property is a 24 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Lumpini Ville Onnut 46 project in Suan Luang, Bangkok and was completed in Oct 2014. You can buy this condo for a base price of ฿1,400,000 (฿58,333/SqM) and it is also available for long term rentals starting from ฿7,500 per month.

Features

Corner UnitCorner Unit BalconyBalcony

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 24 SqM
Price per SqM ฿58,333
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 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.
฿720/mo
Listed By
Private Owner
Date Listed May 5, 2019
Last Updated 1 year ago
Unit ID U160101

Price Analysis

Great Price
Estimated market value ฿2,240,233
Great
฿1,540,000
Good
Fair
Above
฿1,580,000
Current asking Price: ฿1,400,000 | Advertised rental rate: ฿7,500/mo
This condo is ฿840,233 BELOW MARKET (-38%) 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
฿1,400,000
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.
฿720/mo
Rent
฿7,500/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.
16
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 Ville Onnut 46
Developer: LPN Development
Construction: Completed (Oct 2014)
Floors: 8
Buildings: N/A
Units: 1450
Project Area: N/A
Nearest Landmark Ramkhamhaeng ARL - 2.3 Km
Location: Suan Luang, Suan Luang, Bangkok
Lumpini Ville Onnut 46 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone

Available Units at Lumpini Ville Onnut 46

For Sale 2 For Rent 1
Get notified when new homes are being added to Lumpini Ville Onnut 46

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Frequently asked questions

No pets are allowed at Lumpini Ville Onnut 46 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 ฿30 per square meter based on the size of indoor area of the property and is ฿720 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 Ville Onnut 46 the required payment for the sinking fund is ฿300 per square meter based on the size of the indoor area of the property.
Ramkhamhaeng ARL is the nearest ARL from Lumpini Ville Onnut 46 and it is 2.3 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 Ville Onnut 46 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

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Reviews

3.5 out of 5 3.47
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The ideal condo away from the bustling area
3.5 Zane Natera, Mexico, 1 year ago
The project site is tranquil, and the common area is surrounded by lush green gardens. The surrounding condo has many restaurants and shops, where you can easily buy some food. The room is simply decorated as it was completed many years ago, but partly-furnished provided. Non-crowded location as it's far from the main road, perfect for relaxation. The facilities are considered okay, comprising a gym, a playground, CCTV, and 24 hours security guards. Anyway, there is no pool!
Affordable place, good location as easy to go everywhere in Bangkok
4.3 Ciera Camarena, Mexico, 2 years ago
Compared with other condos, this place is far from the SkyTrain a little bit, but it is affordable. And can travel in and out of many routes by car, which is very easy to go everywhere in Bangkok or take the shuttle van service to the nearest SkyTrain line (with extra charge). The rooms are well separated, feel comfortable. Just 2 little things, difficult to find parking lots late at night and no swimming pool.
Shady Atmosphere with Spacious Common Area
3.2 Oren Macdonald, Norway, 2 years ago
I am looking for a condo in Bangkok with a low-rise building because I have acrophobia. Finally, I found The Lumpini Ville Onnut 46, which there are only eight floors. The area of ​​the condo is spacious and comfortable. It reduces my anxiety. Besides, there is a full range of facilities and a spacious common area. Also, it is not crowded and suitable for spending my leisure time.
Things that I got more than staying here
3.3 Supisa T., Thailand, 2 years ago
I have lived here with my mother for about three years. My job made me moving around and rarely at home. When I moved here, I was worried about my mother so much because I was afraid that she could not be alone. Now I don't have to worry about her at all because she got lovely neighbors, housekeepers, and a friendly team of juristic persons to take care of her and talk on the day when I'm away. The highlight of the project is considered to be the garden on the first floor, allowing residents to spend time for relaxation and chill out in the evening. Mom said that this is an activity area where we can meet new friends. The surrounding places are convenient because there are many restaurants, convenience stores, and drug stores, just opposite the project. Not too far from the project, there are also Tesco Lotus and Big C supercenters. From the project, you can take many directions, no need to worry about traffic jams, even in a rush hour. You can also take a minibus in front of the project. What considers to be the problem is that there are limited parking spaces. When I go home after work, there are no spaces to park, or I have to leave my car double-parked.
The condo is fully equipped in a quiet location.
4 Humberto Birmingham, United Kingdom, 3 years ago
It is such a functional condo and fully equipped, stylishly decorated. I have been renting here for a while now with the size of 1 bedroom. The room's living space is well-fitted, satisfactory. The condo is not far from On Nut BTS station, but if walking is quite far. I recommended taking a motorcycle taxi service. It is quite quiet, and the staff is friendly, helping all the time. Besides, the neighbors are okay and live without any problems. In terms of safety, there is a 24-hour security system and other condo facilities such as a swimming pool, a fitness center, and a relaxation area. It is a condo that I feel comfortable when I stay in.
Reasonable price
2.5 Sanan L., Thailand, 3 years ago
The rental price per month is reasonable because the room is still new and equipped with furniture. The room that I live in is one bedroom suitable for 1-2 people. A small kitchen area comes with complete kitchen utensils, a sink, refrigerator, microwave, and a small storage shelf. The bathroom is equipped with hot water machines and standard sanitary ware, and it is not very special. Usually, I rarely stay in the room. On holiday, I would spend most of my time outside. The common areas have a playground, a picnic area, a gym with quite a few equipment types. As for transportation, it is recommended that if you have a private car, it will be more convenient. But sometimes the park is not enough. There are public transportations along the way from the entrance. Also, there are many convenience stores available nearby. Overall, I think it's okay with the price paid.

Bangkok

Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

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