Unit ID: U40494
4% Rental Yield
Tenant-Occupied until Jan 1, 2025
Khlong Tan, Khlong Toei,Bangkok
$334,000
2 Bedrooms
2
Bathrooms
592 Sqft
Size
22
Floor
Mar 2016
Completed

About This Condo

This property is a 592 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Khlong Tan, Bangkok and was completed in Mar 2016. You can buy this condo for a base price of $334,000 ($564/Sqft).

Basic Information

Date Listed Sep 9, 2024
Updated 1 month ago
Property Type Condo
Floor 22
Bedrooms 2
Size 592 Sqft
Price per Sqft $564
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
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 Phil-569
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.
$114/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U40494

Investment Opportunity: Charges & Yield

Sale Price
$334,000
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.
$114/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Project Name: The Lumpini 24
Developer: LPN Development
Construction: Completed (Mar 2016)
Floors: 46
Buildings: 2
Units: 402
Project Area: 61,247 Sqft
Nearest Landmark Phrom Phong BTS - 0.9 Km
Location: Khlong Tan, Bangkok
The Lumpini 24 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
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Library / Reading Room Library / Reading Room
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access
Shuttle Bus Shuttle Bus

Popular Facilities at The Lumpini 24

  • Communal Pool
    41st Floor
  • Communal Gym
    42nd Floor
  • Lounge
    42nd Floor

Available Units at The Lumpini 24

For Sale 87 For Rent 130
Updated 2 weeks ago
Available Units at The Lumpini 24
$356,000
$613/Sqft
Beds 2 Beds
Baths 2 Baths
Size 581 Sqft Size
Floor 22 Floor
Fully Furnished City View
Available Units at The Lumpini 24
$348,000
$587/Sqft
Beds 2 Beds
Baths 2 Baths
Size 592 Sqft Size
Floor 10 Floor
Fully Furnished City View
Updated 2 months ago
Available Units at The Lumpini 24
$385,000
$650/Sqft
Beds 2 Beds
Baths 2 Baths
Size 592 Sqft Size
Floor 16 Floor
Thai Quota Fully Furnished City View
Available Units at The Lumpini 24
$193,000
$598/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 24 Floor
Available Units at The Lumpini 24
$862,000
$552/Sqft
Beds 3 Beds
Baths 2 Baths
Size 1,561 Sqft Size
Floor 6 Floor
Available Units at The Lumpini 24
$369,000
$631/Sqft
Beds 2 Beds
Baths 2 Baths
Size 584 Sqft Size
Floor 22 Floor
Available Units at The Lumpini 24
$446,000
$679/Sqft
Beds 2 Beds
Baths 2 Baths
Size 657 Sqft Size
Floor 35 Floor
Available Units at The Lumpini 24
$1,190,000
$1,000/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,184 Sqft Size
Floor 45 Floor
Available Units at The Lumpini 24
$1,190,000
$1,000/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,184 Sqft Size
Floor 46 Floor
Updated 2 months ago
Available Units at The Lumpini 24
$178,000$193,000
$534/Sqft
Beds 1 Beds
Baths 1 Baths
Size 334 Sqft Size
Floor 9 Floor
Thai Quota Fully Furnished City View
Available Units at The Lumpini 24
$148,000
$510/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 291 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Updated 1 month ago
Available Units at The Lumpini 24
$175,000$178,000
$509/Sqft
Beds 1 Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 11 Floor
Thai Quota Fully Furnished City View
Updated 2 months ago
Available Units at The Lumpini 24
$372,000
$627/Sqft
Beds 2 Beds
Baths 2 Baths
Size 592 Sqft Size
Floor 15 Floor
Thai Quota Fully Furnished City View
Updated 2 months ago
Available Units at The Lumpini 24
$383,000
$656/Sqft
Beds 2 Beds
Baths 2 Baths
Size 584 Sqft Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Available Units at The Lumpini 24
$163,000
$475/Sqft
Beds 1 Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Available Units at The Lumpini 24
$193,000
$561/Sqft
Beds 1 Beds
Baths 1 Baths
Size 344 Sqft Size
Floor 20 Floor
Fully Furnished City View
Available Units at The Lumpini 24
$252,000
$617/Sqft
Beds 1 Beds
Baths 1 Baths
Size 409 Sqft Size
Floor 14 Floor
Thai Quota Fully Furnished City View
Available Units at The Lumpini 24
$334,000
$564/Sqft
Beds 2 Beds
Baths 2 Baths
Size 592 Sqft Size
Floor 22 Floor
Thai Quota
Updated 3 weeks ago
Available Units at The Lumpini 24
$193,000
$598/Sqft
Beds 1 Beds
Baths 1 Baths
Size 323 Sqft Size
Floor 32 Floor
Fully Furnished Skyline View
Available Units at The Lumpini 24
$242,000
$592/Sqft
Beds 1 Beds
Baths 1 Baths
Size 409 Sqft Size
Floor 4 Floor
Fully Furnished City View
Available Units at The Lumpini 24
$145,000$169,000
$466/Sqft
Beds 1 Beds
Baths 1 Baths
Size 312 Sqft Size
Floor 11 Floor
Thai Quota Fully Furnished City View
Available Units at The Lumpini 24
$354,000
$609/Sqft
Beds 2 Beds
Baths 2 Baths
Size 581 Sqft Size
Floor 15 Floor
Fully Furnished City View
Available Units at The Lumpini 24
$166,000$223,000
$490/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 340 Sqft Size
Floor 24 Floor
Foreign Quota Fully Furnished City View
Available Units at The Lumpini 24
$398,000
$685/Sqft
Beds 2 Beds
Baths 2 Baths
Size 581 Sqft Size
Floor 12 Floor
Fully Furnished City View
Available Units at The Lumpini 24
$306,000
$517/Sqft
Beds 2 Beds
Baths 2 Baths
Size 592 Sqft Size
Floor 5 Floor
Thai Quota Fully Furnished Pool View
Available Units at The Lumpini 24
$158,000
$552/Sqft
Beds 1 Beds
Baths 1 Baths
Size 285 Sqft Size
Floor 6 Floor
Thai Quota Fully Furnished City View
Available Units at The Lumpini 24
$383,000
$625/Sqft
Good Price
Beds 2 Beds
Baths 2 Baths
Size 614 Sqft Size
Floor 11 Floor
Thai Quota Fully Furnished City View
Available Units at The Lumpini 24
$372,000
$616/Sqft
Beds 2 Beds
Baths 2 Baths
Size 603 Sqft Size
Floor 10 Floor
Fully Furnished City View
Available Units at The Lumpini 24
$422,000
$643/Sqft
Beds 2 Beds
Baths 2 Baths
Size 657 Sqft Size
Floor 35 Floor
Fully Furnished City View
Available Units at The Lumpini 24
$410,000
$681/Sqft
Beds 1 Beds
Baths 2 Baths
Size 603 Sqft Size
Floor 20 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to The Lumpini 24
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Frequently Asked Questions

No pets are allowed at The Lumpini 24 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 $2 per square meter based on the size of indoor area of the property and is $114 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 The Lumpini 24 the required payment for the sinking fund is $30 per square meter based on the size of the indoor area of the property.
Phrom Phong BTS is the nearest BTS Station from The Lumpini 24 and it is 0.9 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 The Lumpini 24 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

4.5 out of 5
Based on
5 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Near Phrom Phong BTS station, only 900 meters!
Shonlada E., Thailand, 5 years ago
It is a luxury condo, living comfortably with an infinity pool. Also, there are many places for foreign tourists to eat and have a good time. And it's also a family-friendly area. A beautiful building, a good location, and a beautiful pool view answer the city people's needs because it is close to Phrom Phong BTS, convenient to go anywhere. I recommend it if anyone is looking for a condo in the Khlong Tan area.
Amazing view from the roof top pool
Jenny Lee, Malaysia, 5 years ago
Luxurious condo in the heart of the city. Close to Queen Sirikit National Convention Center MRT and Benjakitti Park. The design is elegant, modern, clean, and has a lot of shady green areas. The common area can accommodate a large number of residents. It has a swimming pool with the most fantastic night view and a fully equipped fitness room. The staff was well trained, always ready to serve. The interior of the room is luxuriously decorated. The higher floor you live on, the more beautiful the city view is. The furniture is in a European style imported from leading international brands. During rush hours in the morning and the evening, the roads around the project are quite busy and noisy a bit.
Easy to travel and near the office
Pennie Haith, United Kingdom, 5 years ago
My girlfriend and I bought this condo because it is close to the office. However, the traffic is quite a jam, and it is not convenient to use a private car. We always take the BTS to the office. This condo is modern and provided a high-privacy of common areas. There is also an infinity-edge pool on the rooftop, overlooking a panoramic city view. Apart from that, the staff at the lobby serve good services, cheerful, and help the residents all the time. Moreover, the security system is also excellent. Generally, it is worth the price, and we are not disappointed to stay here for the long-term.
It is an expensive condo but worth the money.
Juan Kendrick, Brazil, 5 years ago
There are 2 buildings here, there are many residents, and most of them are foreigners. The condo features a complete range of facilities. The swimming pool is clean and closes at around 10 pm. The gym has modern equipment. Moreover, other common areas are designed to be spacious. The price here is relatively high. Anyway, I think it's worth paying because it is centrally located in Bangkok. Traveling to various places is also convenient and fast. Anyone looking for excellent quality accommodation, I recommend it here !!
Superb condo in a great location
Pamula Otani, Brazil, 6 years ago
I'm a Brazilian tourist. Last month, I planned to visit Bangkok for two weeks. I was worried about the language barrier, transportation, and safety because I was a female solo traveler. It took me a long time to get information about the location and accommodation on the Internet. Then I came across the Lumpini 24 condominium. I chose this place because the location is in the center of the city, so it's easy to get around as Prompong BTS station is within walking distance. You can get to Siam BTS station where you can find large shopping malls and Chatuchak station from this station. It's a huge flea market where you can get souvenirs for friends and family at a reasonable price. But, if you want to roam around the area nearby, you can still go to places nearby such as Emporium and Emquartier within walking distance. Get tired of going to shopping malls? You can find a few restaurants such as Thai, Japanese and Western restaurants. I just knew that there are many foreigners and residents in the area so that you can be fascinated by a multi-cultural society. Once I went to the Starbucks coffee shop near my place, and I absolutely love its design as its combination between European and Thai. I can't help taking photos for my friends. I stayed in a one-bedroom type, which is large and well divided. I stayed on the 43rd floor so I could see a spectacular view of Bangkok. The facilities include a gym, a sauna room, but what I like the most is the swimming pool on the 41st floor. I usually went there and enjoyed the sunset. There also are enough sunbeds provided. The staff at the lobby is service-minded. All of them are friendly and willing to help. It was a fantastic trip. I didn't want to return home at all. I'll definitely stay here once I come back again.
Bangkok
Khlong Tan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Lumpini 24

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 Emporio Place
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
361
Sales Prices
$228.88K - $1.34M
▼ -2.4% underpriced
Monthly Rentals
$594 - $4.76K
Year Built
Dec 2009
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
292
Sales Prices
$312.1K - $1.23M
▼ -1.8% underpriced
Monthly Rentals
$892 - $5.94K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Ideal 24
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
34
Sales Prices
$1.55M - $2.08M
Monthly Rentals
$5.05K - $5.94K
Year Built
Dec 2008
Completion Status
Completed
Project Name
Baan Ruam Chit 22
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
89
Sales Prices
$520.17K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
228
Sales Prices
$160.51K - $1.34M
▼ -31% underpriced
Monthly Rentals
$743 - $2.97K
Year Built
Jan 1994
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
245
Sales Prices
$231.85K
Monthly Rentals
$1.29K - $4.13K
Year Built
Dec 2017
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
940
Sales Prices
$136.73K - $1.17M
▼ -4.2% underpriced
Monthly Rentals
$476 - $3.57K
Year Built
Jan 2017
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
54
Sales Prices
$752.02K - $4.46M
▼ -10% underpriced
Monthly Rentals
$3.27K - $6.84K
Year Built
Jan 2005
Completion Status
Completed
Location
Khlong Toei, Khlong Toei, Bangkok
Number of units
269
Sales Prices
$216.99K - $1.93M
▼ -4.3% underpriced
Monthly Rentals
$892 - $4.46K
Year Built
Dec 2008
Completion Status
Completed
Location
Khlong Tan, Khlong Toei, Bangkok
Number of units
329
Sales Prices
$118.3K - $284.91K
▲ 0.8% overpriced
Monthly Rentals
$416 - $1.78K
Year Built
Dec 2008
Completion Status
Completed
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