Unit ID: U1386448
3% Rental Yield
Lumphini, Pathum Wan,Bangkok
฿41,000,000
2 Bedrooms
3
Bathrooms
146 SqM
Size
24
Floor
Dec 2008
Completed

About This Condo

This property is a 146 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the The Park Chidlom project in Lumphini, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿41,000,000 (฿280,822/SqM) and it is also available for long term rentals starting from ฿100,000 per month.

Features

BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Mar 22, 2023
Updated 5 months ago
Property Type Condo
Floor 24
Bedrooms 2
Size 146 SqM
Price per SqM ฿280,822
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
Unfurnished
View(s) City View
Unit Type N/A
Building The Park Chidlom
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.
฿7,300/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1386448

Investment Opportunity: Charges & Yield

Sale Price
฿41,000,000
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.
฿7,300/mo
Rent
฿100,000/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.
34
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.
3%

Project Details

Project Name: The Park Chidlom
Construction: Completed (Dec 2008)
Floors: 28
Buildings: 1
Units: 218
Project Area: 8,737 SqM
Nearest Landmark Chit Lom BTS - 0.5 Km
Location: Lumphini, Bangkok
The Park Chidlom Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Walking / Running Track Walking / Running Track
Basketball Court Basketball Court
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Kids Pool Kids Pool
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area
Library / Reading Room Library / Reading Room
Lounge Lounge
Golf Simulator Golf Simulator
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Park Chidlom

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at The Park Chidlom

For Sale 6 For Rent 41
Get notified when new homes are being added to The Park Chidlom
View All (6)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Park Chidlom 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 ฿7,300 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 Station from The Park Chidlom 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 The Park Chidlom 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 The Park Chidlom?

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Reviews

4.5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
I am pretty satisfied with this place
David Copp, Austria, 4 years ago
I rent here on a monthly basis. Overall, I am pretty satisfied with this place. First of all, what I like the most about this project is the location. Just so you know, living in Bangkok, the location comes first. The location here is very good, close to Chit Lom BTS station, convenient to travel everywhere. In addition, there are also famous shopping centers around, such as Central Chidlom, Central World, and Siam Paragon. It made my weekends never boring. In terms of the room, it is considered okay. There are 2 bedrooms to choose from until the penthouse. My room is a 2-bedroom room. Seriously, the room is in general with the perfect size and fully furnished. Another thing that WOW is about the facilities. In addition to having basic amenities, It is also a barbecue area, simulated golf course, and co-working space. It is considered high in terms of rental price, but if compared to what you have received, it's worth it.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Park Chidlom

Location
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Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Somkid Place
Location
Lumphini, Pathum Wan, Bangkok
Number of units
34
Sales Prices
฿9M
▼ -44% underpriced
Monthly Rentals
N/A
Year Built
Dec 1991
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
597
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฿6M - ฿20.5M
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Lumphini, Pathum Wan, Bangkok
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Lumphini, Pathum Wan, Bangkok
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Makkasan, Pathum Wan, Bangkok
Number of units
190
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฿7M - ฿13.5M
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฿25K - ฿85K
Year Built
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Completion Status
Completed
Location
Makkasan, Pathum Wan, Bangkok
Number of units
352
Sales Prices
฿6.4M - ฿15.7M
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Monthly Rentals
฿20.5K - ฿55K
Year Built
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Completion Status
Completed
Project Name
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Location
Lumphini, Pathum Wan, Bangkok
Number of units
100
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฿28.5M - ฿100M
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Completion Status
Completed
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Lumphini, Pathum Wan, Bangkok
Number of units
48
Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
Lumphini, Pathum Wan, Bangkok
Number of units
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Completion Status
Completed
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