Baan Lumpini Suanluang Grand Rama 9

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Nong Bon, Prawet,Bangkok

Unit ID: U1012604
4% Rental Yield
฿13,500,000
Bedroom
4 Bedrooms
Bathroom
6 Bathrooms
Indoor Area
275 SqM Indoor Area
Stairs
3 Storeys
Construction
Dec 2016 Completed

4 Bedroom House for sale at Baan Lumpini Suanluang Grand Rama 9

This property is a 275 SqM house with 4 bedrooms and 6 bathrooms that is available for sale. It is part of the Baan Lumpini Suanluang Grand Rama 9 project in Nong Bon, Bangkok and was completed in Dec 2016. You can buy this house for a base price of ฿13,500,000 (฿49,091/SqM).

Features

BalconyBalcony TVTV

Basic Information

Property Type House
Storeys 3
Location Nong Bon, Prawet, Bangkok
Bedrooms 4
Nearest Landmark King Rama Ix Park -4 Km
Indoor Area 275 SqM
Price per SqM ฿49,091
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size 236 SqM
House Ownership

Foreign nationals can own the building (house) in their own name but not the land that it stands on.

N/A
Land Ownership

Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

N/A
Land Title Deed N/A
Construction Completed (Dec 2016)
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
Parking Spots N/A
Pool Size 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.
฿7,080/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 Jul 1, 2021
Last Updated 2 months ago
Unit ID U1012604

Investment Opportunity: Charges & Yield

Sale Price
฿13,500,000
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.
฿7,080/mo
Est. Rent
฿45,400/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 4 bedroom houses at Baan Lumpini Suanluang Grand Rama 9 , and the current sales price.
4%

Project Details

Developer: LPN Development
Construction: Completed (Dec 2016)
Units: 104
Project Area: N/A
Nearest Landmark King Rama Ix Park - 4 Km
Location: Nong Bon, Prawet, Bangkok
Baan Lumpini Suanluang Grand Rama 9 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Baan Lumpini Suanluang Grand Rama 9

For Sale 1 For Rent 1
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Frequently asked questions

The common area maintenance fee is ฿30 per square meter based on the plot size of the property and is ฿7,080 for this house. 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.
King Rama Ix Park is the nearest Park from Baan Lumpini Suanluang Grand Rama 9 and it is 4 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure. 

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

 

Read more here

After you have found the right property at Baan Lumpini Suanluang Grand Rama 9 you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer


 

Read more here

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years. 

Prior to purchasing a leasehold property it is important to secure a copy of the lease agreement or get further clarity on these three points.

  • - Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
  • - Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
  • - Is there a succession clause in the lease agreement that will allow inheritance of the lease?

 

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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