1 Bedroom Condo for sale at LIB Ladprao 20

(1 Review)
Chomphon, Chatuchak,Bangkok
Unit ID: U632880
5% Rental Yield
1 Bedroom
1 Bathroom
26 SqM Size
5 Floor
Jan 2013 Completed

About This Condo

This property is a 26 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the LIB Ladprao 20 project in Chomphon, Bangkok and was completed in Jan 2013. You can buy this condo for a base price of ฿2,320,000 (฿89,231/SqM) and it is also available for long term rentals starting from ฿10,000 per month.

Features

BalconyBalcony

Basic Information

Date Listed Sep 16, 2020
Updated 3 years ago
Property Type Condo
Floor 5
Bedroom 1
Size 26 SqM
Price per SqM ฿89,231
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
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) City View, Blocked 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U632880

Price Analysis

Great Price
Estimated market value ฿4,122,106
Great
฿4,060,000
Good
Fair
Above
฿4,720,000
Current asking Price: ฿2,320,000 | Advertised rental rate: ฿10,000/mo
This condo is ฿1,802,106 BELOW MARKET (-44%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿2,320,000
Rent
฿10,000/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.
19
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.
5%

Project Details

Project Name: LIB Ladprao 20
Developer: Lalin Property
Construction: Completed (Jan 2013)
Floors: 8
Buildings: N/A
Units: 175
Project Area: 1,913 SqM
Nearest Landmark Lat Phrao MRT - 0.3 Km
Location: Chomphon, Bangkok
LIB Ladprao 20 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at LIB Ladprao 20

For Sale 4 For Rent 3
Get notified when new homes are being added to LIB Ladprao 20
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Frequently Asked Questions

No pets are allowed at LIB Ladprao 20 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 ฿35 per square meter based on the size of indoor area of the property and is 0 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 LIB Ladprao 20 the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Lat Phrao MRT is the nearest MRT Station from LIB Ladprao 20 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 LIB Ladprao 20 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Low-rise condominium in Soi Ladprao 20
Boss Megan, United States, 6 years ago
This project is located in Soi Ladprao 20. There are many shops, convenience stores and restaurants in the alley. Within a short distance, there are many leading department stores like Union Mall. Plus, the project is close to Lat Phrao MRT station and Lat Phrao Road. The project's design is modern and stunning. The common areas are clean and ready to use all the time. The room is perfectly proportioned for one person. The quality of the furnishings and materials chosen for the room's interior are excellent.
Bangkok
Chomphon

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby LIB Ladprao 20

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
PHILO Ladprao 18
Location
Chomphon, Chatuchak, Bangkok
Number of units
53
Sales Prices
฿6.22M
Monthly Rentals
฿75.2K
Year Built
Dec 2020
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
2
Sales Prices
฿1.71M - ฿5.92M
▼ -42% underpriced
Monthly Rentals
฿9.03K
Year Built
Jan 2009
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
N/A
Sales Prices
฿1.71M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
129
Sales Prices
฿1.81M - ฿2.51M
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Project Name
Modiz Ladprao 18
Location
Chomphon, Chatuchak, Bangkok
Number of units
166
Sales Prices
฿3M - ฿4.01M
▼ -31% underpriced
Monthly Rentals
N/A
Year Built
Jan 2016
Completion Status
Completed
Project Name
Lugano Ladprao 18
Location
Chomphon, Chatuchak, Bangkok
Number of units
125
Sales Prices
฿2.38M - ฿6.42M
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
56
Sales Prices
฿2.71M - ฿4.21M
▼ -32% underpriced
Monthly Rentals
฿16.1K - ฿18.1K
Year Built
Dec 2012
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
197
Sales Prices
฿2.32M - ฿6.97M
▼ -20.9% underpriced
Monthly Rentals
N/A
Year Built
Sep 2023
Completion Status
Completed
Project Name
Ideo Ladprao 17
Location
Chomphon, Chatuchak, Bangkok
Number of units
339
Sales Prices
฿2.91M - ฿3.21M
▼ -15% underpriced
Monthly Rentals
฿11K
Year Built
Dec 2008
Completion Status
Completed
Location
Chomphon, Chatuchak, Bangkok
Number of units
517
Sales Prices
฿3.06M - ฿7.02M
▼ -20% underpriced
Monthly Rentals
฿10K - ฿25.1K
Year Built
May 2017
Completion Status
Completed
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