1 Bedroom Condo for sale at Lumpini Park Riverside Rama 3

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Bang Phongphang, Yan Nawa,Bangkok

Unit ID: U656958

5% Rental Yield

1 Bedroom

1 Bathroom

32 SqM Size

9 Floor

Dec 2011 Completed

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Sale Price

฿2,850,000

Good Price

Street View

About This Condo

This property is a 32 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Lumpini Park Riverside Rama 3 project in Bang Phongphang, Bangkok and was completed in Dec 2011. You can buy this condo for a base price of ฿2,850,000 (฿89,063/SqM).

Features

Microwave

Access to BTS/MRT

Basic Information

Date Listed Feb 1, 2021

Updated 6 months ago

Property Type Condo

Floor 9

Bedroom 1

Size 32 SqM

Price per SqM ฿89,063

Pets Not Allowed

Condo Ownership

Thai Quota

Furniture

Fully Furnished

View(s) River or Canal View, City View

Unit Type N/A

Building N/A

CAM Fee

฿1,120/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U656958

Investment Opportunity: Charges & Yield

Sale Price

฿2,850,000

CAM Fee

฿1,120/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: Lumpini Park Riverside Rama 3

Developer: LPN Development

Construction: Completed (Dec 2011)

Floors: 36

Buildings: N/A

Units: 2405

Project Area: N/A

Nearest Landmark: Surasak BTS - 4.5 Km

Location: Bang Phongphang, Bangkok

Lumpini Park Riverside Rama 3 Project Details

Project Features

On Site Restaurant

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Indoor Kids Zone

Car Parking

Steam Room

Sauna

Reception / Lobby Area

Communal Garden Area

Key card access

Shuttle Bus

Available Units at Lumpini Park Riverside Rama 3

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Frequently Asked Questions

No pets are allowed at Lumpini Park Riverside Rama 3 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 ฿1,120 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 Park Riverside Rama 3 the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.

Surasak BTS is the nearest BTS Station from Lumpini Park Riverside Rama 3 and it is 4.5 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 Lumpini Park Riverside Rama 3 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.