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    1 Bedroom Condo for sale at Lumpini Place Srinakarin
    Suan Luang, Suan Luang,Bangkok
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    Sale Price
    £57,900
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    1 Bedroom Condo for sale at Lumpini Place Srinakarin

    (2 Reviews)
    Suan Luang, Suan Luang,Bangkok
    Unit ID: U1909935
    5% Rental Yield
    1 Bedroom
    1 Bathroom
    26 SqM Size
    12 Floor
    Dec 2014 Completed
    (2 Reviews)
    Sale Price
    £57,900
    8

    About This Condo

    This property is a 26 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Suan Luang, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of £57,900 (£2,230/SqM).

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Aug 9, 2024
    Updated 3 months ago
    Property Type Condo
    Floor 12
    Bedroom 1
    Size 26 SqM
    Price per SqM £2,230
    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
    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.
    £21/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1909935

    Investment Opportunity: Charges & Yield

    Sale Price
    £57,900
    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.
    £21/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.
    22
    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 Srinakarin, and the current sales price.
    5%

    Project Details

    Project Name: Lumpini Place Srinakarin
    Developer: LPN Development
    Construction: Completed (Dec 2014)
    Floors: 25
    Buildings: 2
    Units: 1613
    Project Area: 11,200 SqM
    Nearest Landmark Hua Mak ARL - 0.4 Km
    Location: Suan Luang, Bangkok
    Lumpini Place Srinakarin Project Details

    Project Features

    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
    Sauna Sauna
    Walking / Running Track Walking / Running Track
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Outdoor Kids Zone Outdoor Kids Zone
    Library / Reading Room Library / Reading Room
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Attached Market / Shops Attached Market / Shops
    Back Up Generators Back Up Generators
    Key card access Key card access
    Rain Water Harvesting Rain Water Harvesting

    Popular Facilities at Lumpini Place Srinakarin

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      7th Floor
    • Communal Garden Area
      7th Floor
    • Communal Gym
      7th Floor

    Available Units at Lumpini Place Srinakarin

    For Sale 11 For Rent 17
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Lumpini Place Srinakarin
    View All (11)

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    Frequently Asked Questions

    No pets are allowed at Lumpini Place Srinakarin 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 £21 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.
    Hua Mak ARL is the nearest Airport Rail Link Station from Lumpini Place Srinakarin and it is 0.4 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 Srinakarin 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

    4.3 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A 1-year review
    Louis Phimsiri, Thailand, Former Resident, 1 year ago
    The project is situated in a great area. With Max Value next door, everyone had access to the multiple amenities there. With nearby malls such as The Mall Bangkapi & Seacon Square, residents were never far away from their convenience. By living at Lumpini everyone had fast access to the motorway & with the new MRT line opening up, all residences have easy access to public transportation. The project itself provided all the standard facilities other projects of similar caliber offered. The rooms are standard Lumpini rooms with small sizes, thin walls, and standard interior design. At the time the price matched the value of the room. This project is recommended for anyone looking to live a simple life where you might be outside of the room more than inside.
    A luxury condo with easy access and meet urban life
    Nicha Panchoem, Thailand, 5 years ago
    My boyfriend and I have rented this 1 bedroom condo. The room is luxuriously decorated and styled in modern. There are various room types to choose from, including 1 bedroom and 2 bedrooms, which is every unit has different sizes, but every room provides modern functions to support the residents' lives. Besides, the project has complete facilities, including a swimming pool, lush green leisure garden, and gym for health lovers where it is available to use. Notably, the surrounding area is densely packed with shopping malls, including The Mall Bangkapi and Bang Kapi Market. Also, the location is close to Hua Mak ARL, which is easily accessible everywhere. The rental price is also not expensive, not more than ten thousand per month. Overall, I love the condo here.
    Bangkok
    Suan Luang

    Neighborhood Overview

    Location and Neighborhood

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