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Developer Selling Price: ฿6,300,000
Original Price: ฿6,500,000
Price Reduction: ฿200,000
Unit Size: 35.23 sq.m.
Bedroom: 1
Bathroom: 1
Status: Vacant and Available for Viewing
This 35.23 sq.m. one-bedroom condominium is available for sale at Life One Wireless, a modern residential development in the Lumphini area of central Bangkok, completed in April 2020.
Situated on a high floor, the unit offers an attractive open green and city skyline view, creating a greater sense of privacy, natural light and visual space compared with many typical city-facing units.
The practical one-bedroom layout makes efficient use of the available space and provides a comfortable living environment for individual residents, couples or property investors.
The previous tenancy has ended, and the unit is currently vacant. It is available for immediate viewing and gives the new owner full flexibility to move in, use it as a Bangkok residence or place it back on the rental market.
Property FeaturesHigh-floor position
Open green and city skyline view
Fully furnished
Air conditioning
Television
Microwave
Washing machine
Private balcony
Modern and functional one-bedroom layout
Vacant and ready for viewing
The property was originally priced at ฿6,500,000 and has now been reduced by ฿200,000.
New Selling Price: ฿6,300,000
This represents an attractive opportunity to purchase a high-floor residence in a well-established central Bangkok development at a more competitive price.
Rental and Investment PotentialThe unit was previously rented for ฿25,000 per month, demonstrating its rental appeal among expatriate professionals and residents working in Bangkok’s central business district.
Based on the current selling price and the previous rental rate, the indicative historical gross rental yield is approximately 4.8% per year.
The previous rental rate and calculated yield are provided for reference only and do not guarantee future rental income.
Location HighlightsLife One Wireless offers convenient access to some of Bangkok’s most important residential, commercial and lifestyle areas, including:
Wireless Road business and embassy district
Ploenchit and Chidlom areas
Central Embassy
Central Chidlom
Lumphini Park
Restaurants, cafés and shopping centres
Expressway connections
Central Bangkok offices and business districts
This property is suitable for buyers seeking a centrally located Bangkok residence, as well as investors looking for a high-floor unit with previous rental performance and an attractive open view.
Contact us for further information or to arrange a private viewing.
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%.
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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 Life One Wireless you have to follow these steps:
Installment Milestone Payment Reservation Deposit Immediately ฿50,000 1st Installment On handover 100%
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.