Unit ID: U42249
6% Rental Yield
Lumphini, Pathum Wan,Bangkok
฿7,000,000 ฿7,200,000 Great Price
2 Bedrooms
1
Bathroom
54 SqM
Size
6
Floor
Dec 2009
Completed

About This Condo

This property is a 54 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the The Tempo Ruamrudee project in Lumphini, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿7,000,000 (฿129,630/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Dec 6, 2017
Updated 10 months ago
Property Type Condo
Floor 6
Bedrooms 2
Size 54 SqM
Price per SqM ฿129,630
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) City 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
Electricity Price N/A
Water Price N/A
Unit ID U42249

Price Analysis

Great Price
Estimated market value ฿12,751,388
Great
฿8,450,000
Good
Fair
Above
฿16,500,000
Current asking Price: ฿7,000,000 | Rental estimate: ฿37,100/mo
This condo is ฿5,751,388 BELOW MARKET (-45%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿7,000,000
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.
16
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 2 bedroom condos at The Tempo Ruamrudee, and the current sales price.
6%

Project Details

Project Name: The Tempo Ruamrudee
Construction: Completed (Dec 2009)
Floors: 8
Buildings: 1
Units: 79
Project Area: 3,362 SqM
Nearest Landmark Phloen Chit BTS - 0.5 Km
Location: Lumphini, Bangkok
The Tempo Ruamrudee 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
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Tempo Ruamrudee

  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop

Available Units at The Tempo Ruamrudee

For Sale 7 For Rent 8
Get notified when new homes are being added to The Tempo Ruamrudee
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Loan Calculator

Frequently Asked Questions

No pets are allowed at The Tempo Ruamrudee unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Phloen Chit BTS is the nearest BTS Station from The Tempo Ruamrudee 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 Tempo Ruamrudee 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 Tempo Ruamrudee?

Find out how much your property is worth and start your listing for free.

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
I have liked this project since the first time I saw it.
Nancy Simon, United States, 7 years ago
I have liked this project since the first time I saw it. Even though the project is small, the design is lovely and has many facilities, such as a rooftop swimming pool with views of the surrounding buildings and laundry service. The staff is incredibly friendly. The room that I bought is a one-bedroom unit. It is spacious, beautifully designed, and decorated with modern furniture, suitable for the new generation. The location is excellent, near Central Department Stores, Phloen Chit BTS, and the expressway that makes my life more comfortable. It can resell and make a profit for me in the future as well.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Tempo Ruamrudee

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
Location
Lumphini, Pathum Wan, Bangkok
Number of units
23
Sales Prices
฿22M
Monthly Rentals
฿64.9K
Year Built
Jan 2000
Completion Status
Completed
Project Name
Focus Ploenchit
Location
Khlong Toei, Pathum Wan, Bangkok
Number of units
132
Sales Prices
฿5.14M - ฿8.29M
▼ -48% underpriced
Monthly Rentals
฿22K - ฿45K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Navin Court
Location
Lumphini, Pathum Wan, Bangkok
Number of units
77
Sales Prices
฿8.99M - ฿30M
▲ 0.7% overpriced
Monthly Rentals
฿25K - ฿40K
Year Built
Dec 2000
Completion Status
Completed
Project Name
Baan Ploenchit
Location
Lumphini, Pathum Wan, Bangkok
Number of units
129
Sales Prices
฿4.8M - ฿45M
▼ -48.5% underpriced
Monthly Rentals
฿30K - ฿74.9K
Year Built
Dec 1993
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
37
Sales Prices
฿6.69M - ฿6.79M
Monthly Rentals
฿25K - ฿150K
Year Built
Dec 2010
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
170
Sales Prices
฿26M - ฿108M
▼ -18% underpriced
Monthly Rentals
฿48K - ฿300K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Baan Siriruedee
Location
Lumphini, Pathum Wan, Bangkok
Number of units
68
Sales Prices
฿12.5M - ฿16.5M
▼ -47% underpriced
Monthly Rentals
฿34K - ฿64.9K
Year Built
Jan 2005
Completion Status
Completed
Project Name
Athenee Residence
Location
Lumphini, Pathum Wan, Bangkok
Number of units
219
Sales Prices
฿26M - ฿66.8M
▲ 16% overpriced
Monthly Rentals
฿69.9K - ฿320K
Year Built
Jan 2008
Completion Status
Completed
Project Name
SOCIO Ruamrudee
Location
Lumphini, Pathum Wan, Bangkok
Number of units
67
Sales Prices
฿3.99M - ฿6.49M
▼ -2.5% underpriced
Monthly Rentals
฿18K - ฿25K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Preen By Sansiri
Location
Lumphini, Pathum Wan, Bangkok
Number of units
26
Sales Prices
฿9.99M - ฿29M
▼ -33% underpriced
Monthly Rentals
฿30K - ฿94.9K
Year Built
Dec 2008
Completion Status
Completed
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