1 Bedroom Condo for sale at Lumpini Park Riverside Rama 3

 (Write Review)
Bang Phongphang, Yan Nawa,Bangkok
Unit ID: U656958
5% Rental Yield
1 Bedroom
1 Bathroom
32 SqM Size
9 Floor
Dec 2011 Completed

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 ฿2,790,000 (฿87,188/SqM).

Features

MicrowaveMicrowave TVTV Access to BTS/MRTAccess to BTS/MRT

Basic Information

Date Listed Feb 1, 2021
Updated 3 years ago
Property Type Condo
Floor 9
Bedroom 1
Size 32 SqM
Price per SqM ฿87,188
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
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) River or Canal View, City 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.
฿1,120/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U656958

Price Analysis

Great Price
Estimated market value ฿3,185,699
Great
฿2,130,000
Good
Fair
Above
฿3,620,000
Current asking Price: ฿2,790,000 | Rental estimate: ฿10,500/mo
This condo is ฿395,699 BELOW MARKET (-12%) 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
฿2,790,000
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.
฿1,120/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 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 Park Riverside Rama 3, and the current sales price.
5%

Project Details

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 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
Communal Garden Area Communal Garden Area
Key card access Key card access
Shuttle Bus Shuttle Bus

Available Units at Lumpini Park Riverside Rama 3

For Sale 24 For Rent 13
Available Units at Lumpini Park Riverside Rama 3
฿2,390,000
฿82,414/SqM
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 32 Floor
Thai Quota Fully Furnished City View
Updated 1 week ago
Available Units at Lumpini Park Riverside Rama 3
฿2,990,000
฿90,606/SqM
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 25 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿6,200,000
฿95,385/SqM
Beds 2 Beds
Baths 2 Baths
Size 65 SqM Size
Floor 34 Floor
Thai Quota Unfurnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿3,000,000
฿103,448/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished City View
Available Units at Lumpini Park Riverside Rama 3
฿2,800,000
฿87,500/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 28 Floor
Foreign Quota Fully Furnished City View
Available Units at Lumpini Park Riverside Rama 3
฿2,200,000
฿81,481/SqM
Beds 1 Beds
Baths 1 Baths
Size 27 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished Pool View
Available Units at Lumpini Park Riverside Rama 3
฿11,300,000
฿109,709/SqM
Beds 3 Beds
Baths 2 Baths
Size 103 SqM Size
Floor 17 Floor
Thai Quota Partly Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿2,781,000
฿86,906/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿2,200,000
฿78,571/SqM
Beds Studio Beds
Baths 1 Baths
Size 28 SqM Size
Floor 24 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿2,800,000
฿87,500/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 21 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿2,540,000
฿79,375/SqM
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 16 Floor
Thai Quota Partly Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿4,490,000
฿86,346/SqM
Beds 2 Beds
Baths 2 Baths
Size 52 SqM Size
Floor 36 Floor
Thai Quota Unfurnished City View
Available Units at Lumpini Park Riverside Rama 3
฿2,200,000
฿78,571/SqM
Beds 1 Beds
Baths 1 Baths
Size 28 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Available Units at Lumpini Park Riverside Rama 3
฿15,000,000
฿144,231/SqM
Beds 3 Beds
Baths 2 Baths
Size 104 SqM Size
Floor 30 Floor
Leasehold Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿2,790,000฿2,800,000
฿87,188/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32 SqM Size
Floor 9 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿4,190,000
฿80,577/SqM
Beds 2 Beds
Baths 2 Baths
Size 52 SqM Size
Floor 30 Floor
Foreign Quota Partly Furnished City View
Available Units at Lumpini Park Riverside Rama 3
฿6,180,000
฿95,077/SqM
Beds 2 Beds
Baths 2 Baths
Size 65 SqM Size
Floor 35 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿4,450,000
฿73,323/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 60.69 SqM Size
Floor 18 Floor
Foreign Quota Partly Furnished City View
Available Units at Lumpini Park Riverside Rama 3
฿2,190,000
฿84,231/SqM
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 34 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿3,150,000
฿95,455/SqM
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 19 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿7,800,000
฿121,571/SqM
Beds 2 Beds
Baths 2 Baths
Size 64.16 SqM Size
Floor 32 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Lumpini Park Riverside Rama 3
฿6,400,000
฿98,462/SqM
Beds 2 Beds
Baths 2 Baths
Size 65 SqM Size
Floor 10 Floor
Foreign Quota Fully Furnished City View
Available Units at Lumpini Park Riverside Rama 3
฿13,500,000
฿122,727/SqM
Beds 3 Beds
Baths 3 Baths
Size 110 SqM Size
Floor 10 Floor
Fully Furnished River or Canal View
Updated 1 month ago
Available Units at Lumpini Park Riverside Rama 3
฿4,442,000
฿70,508/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 63 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to 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.

 

Read more here

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

 


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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Bangkok
Bang Phongphang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Park Riverside Rama 3

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