Unit ID: U218979
7% Rental Yield
Bang Waek, Phasi Charoen,Bangkok
฿1,250,000
1 Bedroom
1
Bathroom
23 SqM
Size
2
Floor
Nov 2017
Completed

About This Condo

This property is a 23 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Lumpini Ville Ratchaphruek - Bang Waek project in Bang Waek, Bangkok and was completed in Nov 2017. You can buy this condo for a base price of ฿1,250,000 (฿54,348/SqM) and it is also available for long term rentals starting from ฿6,800 per month.

Features

Covered ParkingCovered Parking

Basic Information

Date Listed Sep 17, 2021
Updated 2 years ago
Property Type Condo
Floor 2
Bedroom 1
Size 23 SqM
Price per SqM ฿54,348
Pets Not Allowed
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) N/A
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.
฿500/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U218979

Investment Opportunity: Charges & Yield

Sale Price
฿1,250,000
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.
฿500/mo
Rent
฿6,800/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.
15
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.
7%

Project Details

Developer: LPN Development
Construction: Completed (Nov 2017)
Floors: 8
Buildings: N/A
Units: 1085
Project Area: N/A
Nearest Landmark Phetkasem 48 MRT - 2.5 Km
Location: Bang Waek, Bangkok
Lumpini Ville Ratchaphruek - Bang Waek Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking

Available Units at Lumpini Ville Ratchaphruek - Bang Waek

For Sale 5 For Rent 2
Get notified when new homes are being added to Lumpini Ville Ratchaphruek - Bang Waek
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Frequently Asked Questions

No pets are allowed at Lumpini Ville Ratchaphruek - Bang Waek unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phetkasem 48 MRT is the nearest MRT Station from Lumpini Ville Ratchaphruek - Bang Waek and it is 2.5 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 Lumpini Ville Ratchaphruek - Bang Waek 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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The nice condo in the Bang Waek community
Tiana B., Russia, 5 years ago
I bought the condo to live in two years ago because it was reasonably priced at a million baht. Also, the location is considered excellent because it is in the community area, close to the market and shopping complexes, such as Seacon Bangkae, The Mall Bangkae, and Lotus's Bangkae, which is convenient for shopping and ideal for shopping enthusiasts such as myself. The project is also beautifully designed, with a gray-white tone for the building and orange and green colors decorating the building's edge, offering a sense of modernity that perfectly suits the working people. Well...my room is a one-bedroom unit with one bathroom that is the perfect size, and all functions are well-proportioned and furnished with high-quality furniture, which appeals to me greatly. Importantly, the amenities are complete, including a 7-Eleven convenience store on the ground floor, a swimming pool, a gym, a library, and so on. Unfortunately, the parking space is insufficient, forcing residents to double park their cars. In general, I'm happy to live here then.
Bangkok
Bang Waek

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Ville Ratchaphruek - Bang Waek

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Charan Garden
Location
Bang Waek, Phasi Charoen, Bangkok
Number of units
N/A
Sales Prices
฿587K
Monthly Rentals
N/A
Year Built
Jan 1995
Completion Status
Completed
Location
Bang Waek, Phasi Charoen, Bangkok
Number of units
190
Sales Prices
฿10.9M - ฿13M
Monthly Rentals
฿58.2K
Year Built
Dec 2012
Completion Status
Completed
Location
Bang Duan, Phasi Charoen, Bangkok
Number of units
224
Sales Prices
฿4.2M - ฿4.44M
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Location
Khlong Khwang, Phasi Charoen, Bangkok
Number of units
49
Sales Prices
฿35.1M
▲ 28% overpriced
Monthly Rentals
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Year Built
Mar 2009
Completion Status
Completed
Location
Khlong Khwang, Phasi Charoen, Bangkok
Number of units
586
Sales Prices
฿1.69M - ฿6.17M
▼ -18% underpriced
Monthly Rentals
฿16K
Year Built
Dec 2013
Completion Status
Completed
Location
Bang Waek, Phasi Charoen, Bangkok
Number of units
586
Sales Prices
฿1.55M - ฿1.7M
Monthly Rentals
฿15K
Year Built
Jan 2018
Completion Status
Completed
Location
Bang Waek, Phasi Charoen, Bangkok
Number of units
382
Sales Prices
฿11.9M - ฿30M
▼ -3% underpriced
Monthly Rentals
฿45.1K
Year Built
Dec 2006
Completion Status
Completed
Location
Khlong Khwang, Phasi Charoen, Bangkok
Number of units
18
Sales Prices
฿22M
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
Location
Bang Duan, Phasi Charoen, Bangkok
Number of units
252
Sales Prices
฿3.31M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Urban Sathorn
Location
Bang Chak, Phasi Charoen, Bangkok
Number of units
322
Sales Prices
฿6.82M - ฿11.3M
▲ 7% overpriced
Monthly Rentals
฿60.2K
Year Built
Aug 2012
Completion Status
Completed
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