1 Bedroom Condo for sale at Lumpini Place Rama VIII

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Bang Yi Khan, Bang Phlat,Bangkok
Unit ID: U1759682
6% Rental Yield
Tenant-Occupied until Mar 31, 2025
1 Bedroom
1 Bathroom
42 SqM Size
11 Floor
Jan 2009 Completed

About This Condo

This property is a 42 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Bang Yi Khan, Bangkok and was completed in Jan 2009. You can buy this condo for a base price of £58,300 (£1,390/SqM).

Comfort Living at it's best

11th floor facing South-West pool view. 41.76 sqm. 1 bedroom 1 bathroom. 2 balconies. Fully furnished. Located close to the Rama VIII suspension bridge and in an area that in the past 3-5 years has become very populated and developed. Metro station is not within walking distance but can be accessed by a 7 minute motorbike taxi ride through the back alley. Idea location for people working at the Siriraj hospital, the largest public hospital in Thailand. Condo provides a shuttle van (25 baht per ride) to the Pinklao bridge area, Siriraj hospital, United Nations Building across the river and on weekends, also to Central Pinklao shopping mall that is 2-2.5 km away. 

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Mar 15, 2024
Updated 6 months ago
Property Type Condo
Floor 11
Bedroom 1
Size 42 SqM
Price per SqM £1,390
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%.

Foreign 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, Unblocked Open 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.
£1/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1759682

Investment Opportunity: Charges & Yield

Sale Price
£58,300
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/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.
18
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 Rama VIII, and the current sales price.
6%

Project Details

Project Name: Lumpini Place Rama VIII
Developer: N/A
Construction: Completed (Jan 2009)
Floors: 13
Buildings: N/A
Units: 1121
Project Area: N/A
Nearest Landmark Bang Yi Khan MRT - 0.9 Km
Location: Bang Yi Khan, Bangkok
Lumpini Place Rama VIII 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)
Car Parking Car Parking

Available Units at Lumpini Place Rama VIII

For Sale 11 For Rent 4
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Frequently Asked Questions

No pets are allowed at Lumpini Place Rama VIII unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Bang Yi Khan MRT is the nearest MRT Station from Lumpini Place Rama VIII and it is 0.9 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 Rama VIII 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

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Bang Yi Khan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Place Rama VIII

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
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
506
Sales Prices
£58.1K - £122K
Monthly Rentals
£697
Year Built
Jan 2017
Completion Status
Completed
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
446
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£69.5K - £128K
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Dec 2019
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Thana Tower
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
170
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£105K - £174K
Monthly Rentals
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Year Built
Jan 1993
Completion Status
Completed
Project Name
Thana Tri
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
76
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£62.8K - £127K
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Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
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£81.4K - £144K
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Year Built
Jan 2010
Completion Status
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Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
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Sales Prices
£57.2K - £149K
▼ -16% underpriced
Monthly Rentals
£196 - £581
Year Built
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Completion Status
Completed
Location
Wat Sam Phraya, Bang Phlat, Bangkok
Number of units
228
Sales Prices
£74.4K - £221K
▼ -49% underpriced
Monthly Rentals
£314 - £814
Year Built
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Completion Status
Completed
Project Name
Thana Astoria
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
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£48.8K - £105K
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Monthly Rentals
£279 - £325
Year Built
Nov 2019
Completion Status
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Project Name
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Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
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Sales Prices
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▲ 7% overpriced
Monthly Rentals
£279 - £465
Year Built
Dec 2017
Completion Status
Completed
Project Name
Thana Arcadia
Location
Bang Yi Khan, Bang Phlat, Bangkok
Number of units
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Monthly Rentals
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Year Built
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Completion Status
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