Polo Park

4.33 (1 Review)

Lumphini, Pathum Wan,Bangkok

Unit ID: U640412
3% Rental Yield
฿36,000,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
240 SqM Size
Floors
12 Floor
Construction
Dec 2014 Completed

2 Bedroom Condo for sale at Polo Park

This property is a 240 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Polo Park project in Lumphini, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of ฿36,000,000 (฿150,000/SqM).

Features

BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave

Basic Information

Property Type Condo
Floor 12
Bedrooms 2
Size 240 SqM
Price per SqM ฿150,000
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
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View
Unit Type 2BR
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.
฿15,600/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Nov 13, 2020
Last Updated 8 months ago
Unit ID U640412

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿36,000,000
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.
฿15,600/mo
Est. Rent
฿90,300/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.
33
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 2 bedroom condos at Polo Park, and the current sales price.
3%

Project Details

Project Name: Polo Park
Developer: Golden Land
Construction: Completed (Dec 2014)
Floors: 19
Buildings: 1
Units: 47
Project Area: 3,036 SqM
Nearest Landmark Lumphini MRT - 0.7 Km
Location: Lumphini, Pathum Wan, Bangkok
Polo Park Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
CCTV (Video Surveillance) CCTV (Video Surveillance)
Steam Room Steam Room
Sauna Sauna
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Polo Park

  • Communal Pool
    15th Floor
  • Communal Gym
    15th Floor
  • Reception / Lobby Area
    Ground Floor

Available Units at Polo Park

For Sale 1 For Rent 3
Get notified when new homes are being added to Polo Park

Loan Calculator

Frequently asked questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Polo Park.
The common area maintenance fee is ฿65 per square meter based on the size of indoor area of the property and is ฿15,600 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.
Lumphini MRT is the nearest MRT from Polo Park and it is 0.7 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 Polo Park 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

4.3 out of 5 4.33
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo in the Lumpini area that meets my needs
4.3 Saksit R., Thailand, 3 years ago
This project is conducive for living, matching everyday life needs perfectly, whether complete facilities and the convenience of traveling. It covers all my needs. I rented the Polo Park condo with 2 bedrooms unit, spacious unit area and separated into zones perfectly, very pleasant. Besides, it's easy to travel everywhere because it's close to Lumpini MRT, only 10 minutes walk. It's worthwhile to buy this condo with easy access to shopping malls, shops, convenience stores, etc. Everyday life is so convenient !!

Bangkok

Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Polo Park

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Project Name
Ruamrudee House
Location
Pathum Wan, Bangkok, Thailand
Number of units
N/A
Sales Prices
฿65M
Monthly Rentals
฿95K
Year Built
Jan 2005
Completion Status
Completed
Project Name
Prive by Sansiri
Location
Pathum Wan, Bangkok, Thailand
Number of units
78
Sales Prices
฿40M - ฿43.6M
▲ 34% overpriced
Monthly Rentals
฿40K - ฿130K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Sindhorn Tonson
Location
Pathum Wan, Bangkok, Thailand
Number of units
59
Sales Prices
฿22M - ฿29.4M
▼ -14% underpriced
Monthly Rentals
฿110K
Year Built
Jan 2018
Completion Status
Completed
Location
Pathum Wan, Bangkok, Thailand
Number of units
104
Sales Prices
฿7.23M - ฿13M
▼ -3.8% underpriced
Monthly Rentals
฿60K
Year Built
Jan 2019
Completion Status
Completed
Project Name
Muniq Langsuan
Location
Pathum Wan, Bangkok, Thailand
Number of units
166
Sales Prices
฿13.7M - ฿60.6M
▼ -0.3% underpriced
Monthly Rentals
N/A
Year Built
Jul 2021
Completion Status
Completed
Project Name
SOCIO Ruamrudee
Location
Pathum Wan, Bangkok, Thailand
Number of units
67
Sales Prices
฿3.99M - ฿5.49M
Monthly Rentals
฿17K - ฿24K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Preen By Sansiri
Location
Pathum Wan, Bangkok, Thailand
Number of units
26
Sales Prices
฿12.5M - ฿29M
Monthly Rentals
฿38K
Year Built
Dec 2008
Completion Status
Completed
Location
Pathum Wan, Bangkok, Thailand
Number of units
138
Sales Prices
฿8.5M - ฿8.8M
▲ 3% overpriced
Monthly Rentals
฿15K - ฿35K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Nimit Langsuan
Location
Pathum Wan, Bangkok, Thailand
Number of units
187
Sales Prices
฿33M - ฿51.4M
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Off Plan
Project Name
Navin Court
Location
Pathum Wan, Bangkok, Thailand
Number of units
77
Sales Prices
฿9.5M - ฿25.8M
▼ -19% underpriced
Monthly Rentals
฿30K - ฿40K
Year Built
Dec 2000
Completion Status
Completed
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