Lumpini Park Vibhavadi - Chatuchak

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Chomphon, Chatuchak,Bangkok

Unit ID: U1033622
4% Rental Yield
฿3,000,000
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
22 SqM Size
Floors
10 Floor
Construction
Dec 2019 Completed

Studio Condo for sale at Lumpini Park Vibhavadi - Chatuchak

This property is a 22 SqM studio condo with 1 bathroom that is available for sale. It is part of the Lumpini Park Vibhavadi - Chatuchak project in Chomphon, Bangkok and was completed in Dec 2019. You can buy this condo for a base price of ฿3,000,000 (฿136,364/SqM) and it is also available for long term rentals starting from ฿11,000 per month.

Features

Corner UnitCorner Unit BalconyBalcony

Basic Information

Property Type Condo
Floor 10
Bedroom Studio
Size 22 SqM
Price per SqM ฿136,364
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, Pool View, Garden View
Unit Type N/A
Building Building D
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.
฿1,100/mo
Listed By
Private Owner
Date Listed Sep 26, 2021
Last Updated 2 months ago
Unit ID U1033622

Investment Opportunity: Charges & Yield

Sale Price
฿3,000,000
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.
฿1,100/mo
Rent
฿11,000/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.
23
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.
4%

Project Details

Developer: LPN Development
Construction: Completed (Dec 2019)
Floors: 21
Buildings: 4
Units: 736
Project Area: 6,958 SqM
Nearest Landmark Mo Chit BTS - 0.8 Km
Location: Chomphon, Chatuchak, Bangkok
Lumpini Park Vibhavadi - Chatuchak Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Basketball Net Basketball Net
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area
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 Lumpini Park Vibhavadi - Chatuchak

  • Basketball Net
    Ground Floor
  • Walking / Running Track
    Ground Floor
  • Communal Pool
    Rooftop
  • Communal Gym
    7th Floor
  • Indoor Kids Zone
    7th Floor
  • Communal Garden Area
    Rooftop

Available Units at Lumpini Park Vibhavadi - Chatuchak

For Sale 1 For Rent 1

Loan Calculator

Frequently asked questions

No pets are allowed at Lumpini Park Vibhavadi - Chatuchak 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 ฿50 per square meter based on the size of indoor area of the property and is ฿1,100 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 Park Vibhavadi - Chatuchak the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Mo Chit BTS is the nearest BTS from Lumpini Park Vibhavadi - Chatuchak and it is 0.8 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 Park Vibhavadi - Chatuchak 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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