Baan Somthavil

4.33 (1 Review)

Lumphini, Pathum Wan,Bangkok

Unit ID: U39018
5% Rental Yield
฿29,355,000 Great Price
Bedroom
3 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
265 SqM Size
Floors
17 Floor
Construction
Dec 1996 Completed

3 Bedroom Condo for sale at Baan Somthavil

This property is a 265 SqM condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Baan Somthavil project in Lumphini, Bangkok and was completed in Dec 1996. You can buy this condo for a base price of ฿29,355,000 (฿110,774/SqM) and it is also available for long term rentals starting from ฿125,000 per month.

Features

Wet BarWet Bar BalconyBalcony

Basic Information

Property Type Condo
Floor 17
Bedrooms 3
Size 265 SqM
Price per SqM ฿110,774
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%.

Leasehold
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, Blocked 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.
N/A
Listed By
Private Owner
Date Listed Nov 8, 2017
Last Updated 1 year ago
Unit ID U39018

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿31,817,175
Great
฿31,800,000
Good
Fair
Above
฿32,100,000
Current asking Price: ฿29,355,000 | Advertised rental rate: ฿125,000/mo
This condo is ฿2,462,175 BELOW MARKET (-8%) 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
฿29,355,000
Rent
฿125,000/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.
20
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.
5%

Project Details

Project Name: Baan Somthavil
Developer: Sansiri
Construction: Completed (Dec 1996)
Floors: 21
Buildings: 1
Units: 113
Project Area: 2,176 SqM
Nearest Landmark Ratchadamri BTS - 0.1 Km
Location: Lumphini, Pathum Wan, Bangkok
Baan Somthavil Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Tennis Court Tennis Court
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 Baan Somthavil

  • Tennis Court
    Ground Floor
  • Communal Pool
    2nd Floor
  • Communal Gym
    2nd Floor

Available Units at Baan Somthavil

For Sale 2 For Rent 8
Get notified when new homes are being added to Baan Somthavil

Loan Calculator

Frequently asked questions

No pets are allowed at Baan Somthavil unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Ratchadamri BTS is the nearest BTS from Baan Somthavil and it is 0.1 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 Baan Somthavil 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 Baan Somthavil?

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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
A luxury condo in the heart of the big city near BTS Station
4.3 Delmer Rooney, Italy, 10 years ago
I just decided to buy a studio condo here, which is a small room suitable for living alone like me because I just moved to work in Bangkok. Personally, I don't like renting rooms. However, this place is in a very good location near shopping malls, restaurants, and convenience stores that open for 24 hours. Better yet, it is near Ratchadamri BTS, just less than a 5-minute walk to the condo. Usually, I don't use a private car anymore, so it's perfect, and this is the main reason to buy a condo here. However, the price is high and a bit old. But I want to say that even though it's old and built for a very long time, both the building and the room are well cared for. The service of the staff at the lobby and the security guards are very friendly. There are monthly rentals, short term, and long term as well. So in case anyone is interested, you can come and visit first. Oh, I'm not a sham!!

Bangkok

Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Baan Somthavil

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Number of units
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Completed
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Number of units
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Monthly Rentals
฿25.1K
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