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Studio Condo for sale at Formosa Ladprao 7
Chomphon, Chatuchak,Bangkok
Unit ID:
U219393
5% Rental Yield
About This Condo
This property is a 40.77 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Chomphon, Bangkok and was completed in Dec 2017. You can buy this condo for a base price of £98,500 (£2,420/SqM) and it is also available for long term rentals starting from £410 per month.
Features
Balcony
Washing Machine
TV
Basic Information
Date Listed
Oct 24, 2019
Updated
9 months ago
Property Type
Condo
Floor
2
Bedroom
Studio
Size
40.77 SqM
Price per SqM
£2,420
Pets
Not Allowed
Condo Ownership
Thai Quota
Furniture
Fully Furnished
View(s)
Garden View
Unit Type
N/A
Building
N/A
CAM Fee
£42/mo
Listed By
Private Owner
Electricity Price
N/A
Water Price
N/A
Unit ID
U219393
Investment Opportunity: Charges & Yield
Sale Price
£98,500
CAM Fee
£42/mo
Rent
£410/mo
Price-to-Rent Ratio
20
Rental Yield
5%
Project Details
Project Name:
Formosa Ladprao 7
Developer:
Thai-One Property
Construction:
Completed (Dec 2017)
Floors:
8
Buildings:
1
Units:
97
Project Area:
7,500 SqM
Nearest Landmark
Phahon Yothin MRT
- 0.7 Km
Location:
Chomphon, Bangkok
Formosa Ladprao 7 Project Details
Project Features
Communal Pool
Communal Gym
24H Security
CCTV (Video Surveillance)
Car Parking
Reception / Lobby Area
Back Up Generators
Key card access
Popular Facilities at Formosa Ladprao 7
-
Communal Gym2nd Floor -
Co-Working Space / Meeting Room2nd Floor -
Communal PoolGround Floor
Available Units at Formosa Ladprao 7
For Sale 7
For Rent 7
£133,000
£2,120/SqM
2
Beds
2
Baths
63
SqM
Size
4
Floor
Thai Quota
Partly Furnished
City View
£70,600
£1,950/SqM
1
Beds
1
Baths
36.16
SqM
Size
3
Floor
Thai Quota
Fully Furnished
City View
£68,300
£1,630/SqM
1
Beds
1
Baths
41.85
SqM
Size
3
Floor
Thai Quota
Fully Furnished
City View
£98,500
£2,420/SqM
Great Price
Studio
Beds
1
Baths
40.77
SqM
Size
2
Floor
Thai Quota
Fully Furnished
Garden View
£158,000
£2,510/SqM
Great Price
2
Beds
2
Baths
63
SqM
Size
8
Floor
Thai Quota
Fully Furnished
City View
£88,900
£2,170/SqM
1
Beds
1
Baths
41
SqM
Size
3
Floor
Foreign Quota
Fully Furnished
City View
£100,000
£2,500/SqM
1
Beds
1
Baths
40
SqM
Size
6
Floor
Thai Quota
Fully Furnished
City View
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Frequently Asked Questions
No pets are allowed at Formosa Ladprao 7 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 £42 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 Formosa Ladprao 7 the required payment for the sinking fund is £11 per square meter based on the size of the indoor area of the property.
Phahon Yothin MRT is the nearest MRT Station from Formosa Ladprao 7 and it is 0.7 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.
After you have found the right property at Formosa Ladprao 7 you have to follow these steps:
- - Agreement of terms and conditions
- - Reservation Agreement
- - Reservation Deposit
- - Sales and Purchase Agreement
- - Settlement & Transfer
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.
Reviews
4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo near Lat Phrao Intersection
It's a condo in Soi Lat Phrao 7, close to Phahon Yothin MRT, CentralPlaza Lat Phrao, Union Mall, Chatuchak Weekend Market, etc. It is very convenient with the main roads, including Vibhavadi Rangsit Road, Phahonyothin Road, and Sutthisan Road. The estate's atmosphere is not crowded because of the small number of units. The project also includes amenities, such as the swimming pool, the fitness center, the library, and more. The room I rented is a 2-bedroom unit that is tastefully decorated and well-organized. I think it is suitable for those looking for a condo in the heart of the city at a reasonable price.
Bangkok
Chomphon
Neighborhood Overview
-
Buy
£28.3K - £6.71M -
For Sale on LivePhuket
830 properties -
Rent
£102 - £38.6K -
For Rent on LivePhuket
589 properties -
To Lat Phrao MRT
1.3 km / 4 minutes by driving -
To Don Mueang Airport
15.5 km / 19 minutes by driving
Location and Neighborhood
Projects Nearby Formosa Ladprao 7
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
Project Name
The Zest Ladprao
Location
Chomphon, Chatuchak, Bangkok
Number of units
N/A
Monthly Rentals
£179 - £352
Year Built
Dec 2007
Completion Status
Completed
Project Name
The Issara Ladprao
Location
Chomphon, Chatuchak, Bangkok
Number of units
561
Monthly Rentals
£270 - £1.59K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Z 2 Condominium
Location
Chomphon, Chatuchak, Bangkok
Number of units
95
Sales Prices
£88.5K
Monthly Rentals
N/A
Year Built
Dec 2007
Completion Status
Completed
Project Name
Ideo Ladprao 5
Location
Chomphon, Chatuchak, Bangkok
Number of units
418
Monthly Rentals
£284 - £568
Year Built
Dec 2009
Completion Status
Completed
Project Name
Condo One Ladprao 15
Location
Chomphon, Chatuchak, Bangkok
Number of units
76
Monthly Rentals
£295 - £431
Year Built
Dec 2008
Completion Status
Completed
Project Name
The Light Ladprao
Location
Chomphon, Chatuchak, Bangkok
Number of units
168
Monthly Rentals
£272 - £1.82K
Year Built
Jan 2007
Completion Status
Completed
Project Name
The Unique 10
Location
Chomphon, Chatuchak, Bangkok
Number of units
127
Monthly Rentals
£227
Year Built
Dec 2013
Completion Status
Completed
Project Name
The Legacy Vibhavadi
Location
Chomphon, Chatuchak, Bangkok
Number of units
193
Monthly Rentals
N/A
Year Built
Dec 1992
Completion Status
Completed
Project Name
Life Ladprao 18
Location
Chomphon, Chatuchak, Bangkok
Number of units
456
Monthly Rentals
£295 - £795
Year Built
Dec 2010
Completion Status
Completed
Project Name
Metris Ladprao
Location
Chomphon, Chatuchak, Bangkok
Number of units
193
Sales Prices
£95.1K - £173K
Monthly Rentals
£681 - £795
Year Built
Apr 2020
Completion Status
Completed
Projects Nearby Formosa Ladprao 7
Save
The Zest Ladprao
The Issara Ladprao
Z 2 Condominium
Ideo Ladprao 5
Condo One Ladprao 15
The Light Ladprao
The Unique 10
The Legacy Vibhavadi
Life Ladprao 18
Metris Ladprao