1 Bedroom Condo for sale at Lumpini Place Srinakarin

(2 Reviews)
Suan Luang, Suan Luang,Bangkok
Unit ID: U1103480
4% Rental Yield
1 Bedroom
1 Bathroom
26 SqM Size
25 Floor
Dec 2014 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 Srinakarin project in Suan Luang, Bangkok and was completed in Dec 2014. You can buy this condo for a base price of ฿2,690,000 (฿103,462/SqM).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Jun 11, 2022
Updated 1 year ago
Property Type Condo
Floor 25
Bedroom 1
Size 26 SqM
Price per SqM ฿103,462
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%.

Foreign Quota, 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) Blocked View
Unit Type N/A
Building Building 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.
฿910/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1103480

Investment Opportunity: Charges & Yield

Sale Price
฿2,690,000
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.
฿910/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.
25
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 Place Srinakarin, and the current sales price.
4%

Project Details

Project Name: Lumpini Place Srinakarin
Developer: LPN Development
Construction: Completed (Dec 2014)
Floors: 25
Buildings: 2
Units: 1613
Project Area: 11,200 SqM
Nearest Landmark Hua Mak ARL - 0.4 Km
Location: Suan Luang, Bangkok
Lumpini Place Srinakarin Project Details

Project Features

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
Sauna Sauna
Walking / Running Track Walking / Running Track
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Outdoor Kids Zone Outdoor Kids Zone
Library / Reading Room Library / Reading Room
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access
Rain Water Harvesting Rain Water Harvesting

Popular Facilities at Lumpini Place Srinakarin

  • Communal Pool
    7th Floor
  • Communal Garden Area
    7th Floor
  • Communal Gym
    7th Floor

Available Units at Lumpini Place Srinakarin

For Sale 5 For Rent 10
Get notified when new homes are being added to Lumpini Place Srinakarin
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Frequently Asked Questions

No pets are allowed at Lumpini Place Srinakarin 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 ฿910 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.
Hua Mak ARL is the nearest Airport Rail Link Station from Lumpini Place Srinakarin and it is 0.4 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 Srinakarin 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

4.3 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A 1-year review
Louis Phimsiri, Thailand, Former Resident, 5 months ago
The project is situated in a great area. With Max Value next door, everyone had access to the multiple amenities there. With nearby malls such as The Mall Bangkapi & Seacon Square, residents were never far away from their convenience. By living at Lumpini everyone had fast access to the motorway & with the new MRT line opening up, all residences have easy access to public transportation. The project itself provided all the standard facilities other projects of similar caliber offered. The rooms are standard Lumpini rooms with small sizes, thin walls, and standard interior design. At the time the price matched the value of the room. This project is recommended for anyone looking to live a simple life where you might be outside of the room more than inside.
A luxury condo with easy access and meet urban life
Nicha Panchoem, Thailand, 5 years ago
My boyfriend and I have rented this 1 bedroom condo. The room is luxuriously decorated and styled in modern. There are various room types to choose from, including 1 bedroom and 2 bedrooms, which is every unit has different sizes, but every room provides modern functions to support the residents' lives. Besides, the project has complete facilities, including a swimming pool, lush green leisure garden, and gym for health lovers where it is available to use. Notably, the surrounding area is densely packed with shopping malls, including The Mall Bangkapi and Bang Kapi Market. Also, the location is close to Hua Mak ARL, which is easily accessible everywhere. The rental price is also not expensive, not more than ten thousand per month. Overall, I love the condo here.
Bangkok
Suan Luang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Place Srinakarin

Location
Number of units
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Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
Completion Status
Location
Suan Luang, Suan Luang, Bangkok
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Completion Status
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Location
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Number of units
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฿2.75M - ฿3.95M
▲ 18% overpriced
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
159
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฿1.52M - ฿3.6M
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Number of units
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Number of units
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฿24K - ฿45K
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Completion Status
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Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Sales Prices
฿12.8M
Monthly Rentals
฿85K
Year Built
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Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
N/A
Sales Prices
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Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
Location
Suan Luang, Suan Luang, Bangkok
Number of units
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Year Built
Dec 1992
Completion Status
Completed
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