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    1 Bedroom Condo for sale at Regent Royal Place 1
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    £125,000
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    1 Bedroom Condo for sale at Regent Royal Place 1 [Leasehold]

    (1 Review)
    Lumphini, Pathum Wan,Bangkok
    Unit ID: U36815
    6% Rental Yield
    1 Bedroom
    1 Bathroom
    64 SqM Size
    Dec 1997 Completed
    (1 Review)
    Sale Price
    £125,000
    12

    About This Condo

    This property is a 64 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 1997. You can buy this condo for a base price of £125,000 (£1,950/SqM).

    Basic Information

    Date Listed Nov 8, 2017
    Updated 4 years ago
    Property Type Condo
    Floor N/A
    Bedroom 1
    Size 64 SqM
    Price per SqM £1,950
    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%.

    Leasehold
    Furniture
    Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
    Negotiable
    View(s) N/A
    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.
    £59/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U36815

    Investment Opportunity: Charges & Yield

    Sale Price
    £125,000
    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.
    £59/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.
    17
    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 Regent Royal Place 1, and the current sales price.
    6%

    Project Details

    Project Name: Regent Royal Place 1
    Developer: N/A
    Construction: Completed (Dec 1997)
    Floors: 29
    Buildings: N/A
    Units: 380
    Project Area: N/A
    Nearest Landmark Ratchadamri BTS - 0.3 Km
    Location: Lumphini, Bangkok
    Regent Royal Place 1 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
    Sauna Sauna

    Available Units at Regent Royal Place 1

    For Sale 3 For Rent 23
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Regent Royal Place 1
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at Regent Royal Place 1 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 £59 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.
    Ratchadamri BTS is the nearest BTS Station from Regent Royal Place 1 and it is 0.3 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 Regent Royal Place 1 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
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    This condo is in a good condition
    Danny Enochs, Austria, 6 years ago
    I can't believe that this project was completed 20 years ago because the entire building looks new. The room I live is a one-bedroom unit which the bedroom is much wider than a normal condo. The location is great, not far from Ratchadamri BTS, just 5 minutes walk. So, it's easy to get around and worry less about a traffic jam. I usually go to Siam as it's just one BTS station away. Like other condos, the facilities are basic such as a swimming pool, passenger elevators, and fitness center. They are not as fascinating as other new condos, but they are in good condition. Overall, I am satisfied with the place. I think the price is reasonable, considering its quality and location.
    Bangkok
    Lumphini

    Neighborhood Overview

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