2 Bedroom Condo for sale at Somkid Place

5 (1 Review)
Lumphini, Pathum Wan,Bangkok
Unit ID: U1003430
฿9,000,000 Great Price
2 Bedrooms
2 Bathrooms
85 SqM Size
4 Floor
Dec 1991 Completed

About This Condo

This property is a 85 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Somkid Place project in Lumphini, Bangkok and was completed in Dec 1991. You can buy this condo for a base price of ฿9,000,000 (฿105,882/SqM).

Features

DuplexDuplex MicrowaveMicrowave

Basic Information

Property Type Condo
Floor 4
Bedrooms 2
Size 85 SqM
Price per SqM ฿105,882
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.
฿3,825/mo
Listed By
Private Owner
Date Listed Jun 22, 2021
Last Updated 1 year ago
Unit ID U1003430

Price Analysis

Great Price
Estimated market value ฿15,800,707
Great
฿15,000,000
Good
Fair
Above
฿18,000,000
Current asking Price: ฿9,000,000
This condo is ฿6,800,707 BELOW MARKET (-43%) 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
฿9,000,000
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.
฿3,825/mo

Project Details

Project Name: Somkid Place
Developer: N/A
Construction: Completed (Dec 1991)
Floors: 5
Buildings: N/A
Units: 34
Project Area: N/A
Nearest Landmark Chit Lom BTS - 0.5 Km
Location: Lumphini, Pathum Wan, Bangkok
Somkid Place Project Details

Project Features

On Site Restaurant On Site Restaurant
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Somkid Place

Loan Calculator

Frequently Asked Questions

The common area maintenance fee is ฿45 per square meter based on the size of indoor area of the property and is ฿3,825 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.
Chit Lom BTS is the nearest BTS from Somkid Place and it is 0.5 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 Somkid Place 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 Somkid Place?

Find out how much your property is worth and start your listing for free.

Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo in European style
5 Ohm Yotha, Thailand, 5 years ago
I like the classic European style decoration with a spacious room that is perfectly divided in proportion. It is close to many amenities, including Central Chidlom, Central Embassy, Chit Lom BTS, and Phloen Chit BTS, which are all within a few minutes. I bought a 2 bedroom condo because it has high-quality amenities and is in a convenient location. It shouldn't be too difficult to rent them out.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

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