1 Bedroom Condo for sale at Lumpini Place Bangna Km.3

(1 Review)
Bang Na, Bang Na,Bangkok
Unit ID: U1971062
5% Rental Yield
1 Bedroom
1 Bathroom
26.18 SqM Size
7 Floor
Dec 2018 Completed

About This Condo

This property is a 26.18 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Na, Bangkok and was completed in Dec 2018. You can buy this condo for a base price of £41,700 (£1,590/SqM).

Condo for Sale: Lumpini Place Bangna Km. 3

  • Size: 26.18 sq.m., located on the 7th floor
  • Layout: 1 bedroom, 1 bathroom
  • Nearby Amenities: Close to Central Bangna, Mega Bangna, Seacon Square, Paradise Park, and Thai Nakarin Hospital
  • Transportation: Convenient access to BTS Bangna and BTS Sri Udom, with shuttle van service to BTS Bangna
  • Features: Built-in wardrobe and kitchen counter
  • Extras Included: 2 air conditioners and a water heater

Features

BalconyBalcony

Basic Information

Date Listed Nov 20, 2024
Updated 1 month ago
Property Type Condo
Floor 7
Bedroom 1
Size 26.18 SqM
Price per SqM £1,590
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

Thai Quota
Furniture
Unfurnished
View(s) City View, Unblocked Open View
Unit Type N/A
Building Building 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.
£23/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1971062

Investment Opportunity: Charges & Yield

Sale Price
£41,700
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.
£23/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.
21
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 1 bedroom condos at Lumpini Place Bangna Km.3, and the current sales price.
5%

Project Details

Developer: LPN Development
Construction: Completed (Dec 2018)
Floors: 8
Buildings: 3
Units: 609
Project Area: 8,000 SqM
Nearest Landmark Udom Suk BTS - 3 Km
Location: Bang Na, Bangkok
Lumpini Place Bangna Km.3 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 Place Bangna Km.3

For Sale 10 For Rent 12
Get notified when new homes are being added to Lumpini Place Bangna Km.3
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Frequently Asked Questions

No pets are allowed at Lumpini Place Bangna Km.3 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 £1 per square meter based on the size of indoor area of the property and is £23 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 Place Bangna Km.3 the required payment for the sinking fund is £14 per square meter based on the size of the indoor area of the property.
Udom Suk BTS is the nearest BTS Station from Lumpini Place Bangna Km.3 and it is 3 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 Place Bangna Km.3 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

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
Quality condo with an affordable price in Bang Na
Elina Elova, Russia, 6 years ago
The condo I bought is a 1-bedroom, 1-bathroom unit and fully furnished. Inside the room, the proportions of the space are very well arranged. Also, it comes with a kitchen counter and a built-in wardrobe, and the materials used are also a quality brand. Moreover, there are full facilities here, such as a saltwater swimming pool, garden, fitness center, parking and a 24-hour security system, making me feel safe to live here. I decided to buy a condo here because the location is very good, and CentralPlaza Bang Na, Bizzo Bang Na, and many good restaurants surround the project. For transportation, it is convenient to travel around because it is close to Udom Suk BTS, or when you walk out in front of the alley, you will reach the main road. There is a public van service, motorcycle taxis and buses there. I can say that this is a quality condo that is worth investing in because the buying-selling price is not high. Therefore, buying for renting out can make a good profit in the future for sure.
Bangkok
Bang Na

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Place Bangna Km.3

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
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Project Name
Location
Number of units
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Project Name
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