1 Bedroom Condo for sale at Lumpini Place Bangna Km.3

4.5 (1 Review)
Bang Na, Bang Na,Bangkok
Unit ID: U645104
5% Rental Yield
฿1,950,000 ฿2,129,000
1 Bedroom
1 Bathroom
26 SqM Size
2 Floor
Dec 2018 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 Lumpini Place Bangna Km.3 project in Bang Na, Bangkok and was completed in Dec 2018. You can buy this condo for a base price of ฿1,950,000 (฿75,000/SqM) and it is also available for long term rentals starting from ฿8,500 per month.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 2
Bedroom 1
Size 26 SqM
Price per SqM ฿75,000
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) Garden 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.
฿988/mo
Listed By
Private Owner
Date Listed Dec 6, 2020
Last Updated 1 year ago
Unit ID U645104

Price Analysis

Above Average
Estimated market value ฿1,641,280
Great
฿1,480,000
Good
Fair
Above
฿1,980,000
Current asking Price: ฿1,950,000 | Advertised rental rate: ฿8,500/mo
This condo is ฿308,720 ABOVE MARKET (19%) 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
฿1,950,000
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.
฿988/mo
Rent
฿8,500/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

Developer: LPN Development
Construction: Completed (Dec 2018)
Floors: 8
Buildings: 3
Units: 609
Project Area: 8,000 SqM
Nearest Landmark Udom Suk BTS - 3 Km
Location: Bang Na, Bangkok
Lumpini Place Bangna Km.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

Available Units at Lumpini Place Bangna Km.3

For Sale 4 For Rent 9
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Available Units at Lumpini Place Bangna Km.3
-
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 6 Floor
Fully Furnished City View
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Available Units at Lumpini Place Bangna Km.3
-
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 2 Floor
Fully Furnished Unblocked Open View
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Available Units at Lumpini Place Bangna Km.3
฿98,077
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished Pool View
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Available Units at Lumpini Place Bangna Km.3
-
Beds Studio Beds
Baths 1 Baths
Size 23 SqM Size
Floor 2 Floor
Fully Furnished City View
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Available Units at Lumpini Place Bangna Km.3
฿75,000
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
Favorite
Compare
Available Units at Lumpini Place Bangna Km.3
-
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 2 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Lumpini Place Bangna Km.3
-
Beds Studio Beds
Baths 1 Baths
Size 23 SqM Size
Floor 6 Floor
Fully Furnished Unblocked Open View
Favorite
Compare
Available Units at Lumpini Place Bangna Km.3
฿76,538
Great Price
Beds 1 Beds
Baths 1 Baths
Size 26 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
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Compare
Available Units at Lumpini Place Bangna Km.3
฿88,462
Beds 2 Beds
Baths 1 Baths
Size 39 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
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Frequently Asked Questions

No pets are allowed at Lumpini Place Bangna Km.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 ฿38 per square meter based on the size of indoor area of the property and is ฿988 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 Place Bangna Km.3 the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
Udom Suk BTS is the nearest BTS Station from Lumpini Place Bangna Km.3 and it is 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 Lumpini Place Bangna Km.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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Reviews

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Quality condo with an affordable price in Bang Na
4.5 Elina Elova, Russia, 4 years ago
The condo I bought is a 1-bedroom, 1-bathroom unit and fully furnished. Inside the room, the proportions of the space are very well arranged. Also, it comes with a kitchen counter and a built-in wardrobe, and the materials used are also a quality brand. Moreover, there are full facilities here, such as a saltwater swimming pool, garden, fitness center, parking and a 24-hour security system, making me feel safe to live here. I decided to buy a condo here because the location is very good, and CentralPlaza Bang Na, Bizzo Bang Na, and many good restaurants surround the project. For transportation, it is convenient to travel around because it is close to Udom Suk BTS, or when you walk out in front of the alley, you will reach the main road. There is a public van service, motorcycle taxis and buses there. I can say that this is a quality condo that is worth investing in because the buying-selling price is not high. Therefore, buying for renting out can make a good profit in the future for sure.
Bangkok
Bang Na

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Place Bangna Km.3

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
Bangna Complex
Location
Bang Na, Bang Na, Bangkok
Number of units
272
Sales Prices
฿2.07M
▼ -9% underpriced
Monthly Rentals
฿9.06K - ฿13.1K
Year Built
Jan 1987
Completion Status
Completed
Location
Bang Na, Bang Na, Bangkok
Number of units
840
Sales Prices
฿2.22M - ฿2.97M
▼ -15% underpriced
Monthly Rentals
฿8.56K - ฿13.1K
Year Built
Jan 2013
Completion Status
Completed
Location
Bang Na, Bang Na, Bangkok
Number of units
800
Sales Prices
฿3.64M - ฿16.6M
Monthly Rentals
฿27.2K - ฿55.4K
Year Built
Dec 2015
Completion Status
Completed
Location
Bang Na, Bang Na, Bangkok
Number of units
70
Sales Prices
฿2.62M
▼ -37% underpriced
Monthly Rentals
฿13.1K
Year Built
N/A
Completion Status
Completed
Project Name
Srinakarin Park
Location
Bang Na, Bang Na, Bangkok
Number of units
28
Sales Prices
฿30.2M
Monthly Rentals
N/A
Year Built
Jan 2005
Completion Status
Completed
Project Name
The Hamlet
Location
Bang Na, Bang Na, Bangkok
Number of units
5
Sales Prices
฿13M
Monthly Rentals
N/A
Year Built
Jan 2021
Completion Status
Completed
Project Name
Phairot Village
Location
Bang Na, Bang Na, Bangkok
Number of units
70
Sales Prices
฿3.82M
Monthly Rentals
N/A
Year Built
Jan 2011
Completion Status
Completed
Location
Bang Na, Bang Na, Bangkok
Number of units
42
Sales Prices
฿2.32M - ฿2.62M
Monthly Rentals
N/A
Year Built
Jan 2005
Completion Status
Completed
Location
Bang Na, Bang Na, Bangkok
Number of units
643
Sales Prices
฿1.94M - ฿2.88M
▲ 16.5% overpriced
Monthly Rentals
฿8.06K - ฿12.6K
Year Built
Jan 2012
Completion Status
Completed
Location
Bang Na, Bang Na, Bangkok
Number of units
100
Sales Prices
฿3.68M
Monthly Rentals
N/A
Year Built
Jan 2006
Completion Status
Completed
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