2 Bedroom Condo for sale at Lakeview Condominiums Geneva 2

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Ban Mai, Pak Kret,Nonthaburi
Unit ID: U690226
7% Rental Yield
2 Bedrooms
2 Bathrooms
81 SqM Size
27 Floor
Dec 2011 Completed

About This Condo

This property is a 81 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Ban Mai, Nonthaburi and was completed in Dec 2011. You can buy this condo for a base price of £83,300 (£1,030/SqM) and it is also available for long term rentals starting from £463 per month.

Fantastic investment opportunity. Rent it out or live in it.

About the condo: > Only one owner, an Expat who recently refurbished (2016). > On the 27th floor with a commanding view of Muangthong Thani Lake. > Kitchen has Ash Wood Cabinets, brand new Tecnogas Ceramic Hob, Toshiba fridge, composite sink, LED spotlighting. > Living/dining area has long built-in teak shelf with halogen down-lighting, new (installed 2016) 24,000 BTU Hitachi inverter air-conditioner (7/10 year warrantee still active). > Master bedroom has a built-in teak shelf with halogen down-lighting, built-in teak wardrobe unit and a stand-alone teak wardrobe, 12,000 BTU Panasonic inverter air-conditioner. > 2nd bedroom has 9,000 BTU Panasonic air-conditioner, LED ceiling light. > Full bathroom with soaker bathtub, new toilet, multi-point hot water heater, hook-up for clothes washer. > 2nd washroom has new toilet, sink and faucet. > Good size balcony has new HD ceramic tiles. > Freshly painted throughout. > Teak and Rosewood parquet flooring refinished with 4 coats of high-gloss Beger Diamond premium polyurethane. > This condo has been given great attention to detail and quality. > All new and high-end exercise equipment just installed (2016) in the shared exercise room. > Many new updates coming to the building. > Come see for yourself. > New BTS Line coming to Impact will be about 1.2km away (15-minute walk or 3 minutes by motorcycle taxi). > Many restaurants and shops on the main street in front of the building. Update Jan 2024: Needs some minor repairs such as a faucet replacing and very minor baseboard repair. Not for rent at this time, I just want to sell.

Features

Corner UnitCorner Unit BalconyBalcony BathtubBathtub

Basic Information

Date Listed Apr 5, 2021
Updated 1 month ago
Property Type Condo
Floor 27
Bedrooms 2
Size 81 SqM
Price per SqM £1,030
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Lake View, City View, Pool 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.
£43/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U690226

Investment Opportunity: Charges & Yield

Sale Price
£83,300
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.
£43/mo
Rent
£463/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.
15
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Developer: N/A
Construction: Completed (Dec 2011)
Floors: N/A
Buildings: N/A
Units: 1
Project Area: N/A
Nearest Landmark IMPACT Arena - 1.7 Km
Location: Ban Mai, Nonthaburi
Lakeview Condominiums Geneva 2 Project Details

Available Units at Lakeview Condominiums Geneva 2

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Frequently Asked Questions

No pets are allowed at Lakeview Condominiums Geneva 2 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
IMPACT Arena is the nearest Shopping Mall from Lakeview Condominiums Geneva 2 and it is 1.7 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 Lakeview Condominiums Geneva 2 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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Nonthaburi
Ban Mai

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