Unit ID: U1384032
7% Rental Yield
Sam Sen Nok, Huai Khwang,Bangkok
Sold
1 Bedroom
1
Bathroom
377 Sqft
Size
6
Floor
Dec 2005
Completed

About This Condo

This property is a 377 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Lumpini Ville Cultural Center project in Sam Sen Nok, Bangkok and was completed in Dec 2005. You can buy this condo for a base price of $50,800 ($135/Sqft).

Investment Opportunity in a Booming Community

This condo unit located in the Lumpini Ville Cultural Center is the perfect opportunity. Situated on the 6th floor of Building D1, this 35 square meter condo unit is located in the heart of the Chinese community area, making it highly desirable for renters. The unit is unfurnished, allowing you to customize the space to your liking and attract tenants. The location of this condo unit is unbeatable. Just steps away from the MRT station, this unit is easily accessible to other parts of the city. The building is also conveniently located near several shopping centers, restaurants, and other amenities that cater to the Chinese community, making it highly desirable for renters.

Features

BalconyBalcony

Basic Information

Date Listed Apr 8, 2023
Updated 8 months ago
Property Type Condo
Floor 6
Bedroom 1
Size 377 Sqft
Price per Sqft $135
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Thai Quota
Furniture
Unfurnished
View(s) River or Canal View, 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.
$24/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1384032

Investment Opportunity: Charges & Yield

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.
$24/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 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 Ville Cultural Center, and the current sales price.
7%

Project Details

Developer: LPN Development
Construction: Completed (Dec 2005)
Floors: 8
Buildings: N/A
Units: 1324
Project Area: N/A
Nearest Landmark Huai Khwang MRT - 1.3 Km
Location: Sam Sen Nok, Bangkok
Lumpini Ville Cultural Center 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)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Close
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Available Units at Lumpini Ville Cultural Center

For Sale 13 For Rent 7
Available Units at Lumpini Ville Cultural Center
$72,000
$147/Sqft
Beds 1 Beds
Baths 1 Baths
Size 489 Sqft Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Available Units at Lumpini Ville Cultural Center
$49,100
$152/Sqft
Beds 1 Beds
Baths 1 Baths
Size 324 Sqft Size
Floor 2 Floor
Thai Quota Partly Furnished City View
Available Units at Lumpini Ville Cultural Center
$54,900
$146/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Updated 3 weeks ago
Available Units at Lumpini Ville Cultural Center
$123,000
$191/Sqft
Beds 2 Beds
Baths 2 Baths
Size 646 Sqft Size
Floor 4 Floor
Fully Furnished Pool View
Available Units at Lumpini Ville Cultural Center
$72,700
$169/Sqft
Beds 1 Beds
Baths 1 Baths
Size 431 Sqft Size
Floor 2 Floor
Thai Quota Fully Furnished City View
Available Units at Lumpini Ville Cultural Center
$72,100
$146/Sqft
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 4 Floor
Thai Quota Partly Furnished Unblocked Open View
Available Units at Lumpini Ville Cultural Center
$107,000
$166/Sqft
Beds 2 Beds
Baths 2 Baths
Size 646 Sqft Size
Floor 7 Floor
Fully Furnished City View
Available Units at Lumpini Ville Cultural Center
$98,700
$153/Sqft
Beds 2 Beds
Baths 2 Baths
Size 646 Sqft Size
Floor 6 Floor
Thai Quota City View
Available Units at Lumpini Ville Cultural Center
$192,000
$149/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,292 Sqft Size
Floor 6 Floor
Thai Quota City View
Available Units at Lumpini Ville Cultural Center
$71,300$75,400
$147/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 484 Sqft Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Available Units at Lumpini Ville Cultural Center
$48,000
$139/Sqft
Beds Studio Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Available Units at Lumpini Ville Cultural Center
$63,900
$170/Sqft
Beds 1 Beds
Baths 1 Baths
Size 377 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished
Available Units at Lumpini Ville Cultural Center
$49,400
$153/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
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Frequently Asked Questions

No pets are allowed at Lumpini Ville Cultural Center 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 $24 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 Lumpini Ville Cultural Center the required payment for the sinking fund is $7 per square meter based on the size of the indoor area of the property.
Huai Khwang MRT is the nearest MRT Station from Lumpini Ville Cultural Center and it is 1.3 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 Lumpini Ville Cultural Center 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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Bangkok
Sam Sen Nok

Neighborhood Overview

Location and Neighborhood

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