1 Bedroom Condo for sale at Lumpini Seaview Cha-Am

4.5 (1 Review)
Cha-Am, Cha-Am,Phetchaburi
Unit ID: U635676
7% Rental Yield
฿1,350,000 Great Price
1 Bedroom
1 Bathroom
26.48 SqM Size
6 Floor
Oct 2018 Completed

About This Condo

This property is a 26.48 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Lumpini Seaview Cha-Am project in Cha-Am, Phetchaburi and was completed in Oct 2018. You can buy this condo for a base price of ฿1,350,000 (฿50,982/SqM) and it is also available for long term rentals starting from ฿7,500 per month.

Larger than Life

Fully furnished with Samsung Microwave, TV, Refrigerator and brand-new modernform sofa, this unit is ready to move in or rent out.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 26.48 SqM
Price per SqM ฿50,982
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) Partial Sea View
Unit Type N/A
Building Building B
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.
฿1,006/mo
Listed By
Private Owner
Date Listed Oct 13, 2020
Last Updated 2 months ago
Unit ID U635676

Price Analysis

Great Price
Estimated market value ฿2,201,026
Great
฿2,060,000
Good
Fair
Above
฿2,350,000
Current asking Price: ฿1,350,000 | Advertised rental rate: ฿7,500/mo
This condo is ฿851,026 BELOW MARKET (-39%) in the Phetchaburi 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
฿1,350,000
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.
฿1,006/mo
Rent
฿7,500/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.
15
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.
7%

Project Details

Project Name: Lumpini Seaview Cha-Am
Developer: LPN Development
Construction: Completed (Oct 2018)
Floors: 20
Buildings: 2
Units: 989
Project Area: 11,200 SqM
Nearest Landmark Cha Am Beach - 0.4 Km
Location: Cha-Am, Phetchaburi
Lumpini Seaview Cha-Am 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
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Available Units at Lumpini Seaview Cha-Am

For Sale 3 For Rent 3
Get notified when new homes are being added to Lumpini Seaview Cha-Am

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Frequently Asked Questions

No pets are allowed at Lumpini Seaview Cha-Am 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 ฿1,006 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.
Cha Am Beach is the nearest Beach from Lumpini Seaview Cha-Am 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 Seaview Cha-Am 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
The highlight luxurious condo with a beautiful room adjacent to Cha-Am Beach
4.5 Thomas Barret, United States, 3 years ago
First of all, I can tell that this condo has just been completed a few years ago. I have reserved it since the first opening for sale at a price of only a million baht, and a 1-bedroom size may be small for me, but I intend to buy it for rent because I like the design and decoration. The location is close to Cha-Am Beach conveniently, near many roads, and close to many important places, including hospitals, restaurants, and convenience stores. This area also has a food delivery service to the room. The project facilities are considered complete, including a swimming pool and a fully equipped gym. However, my room is on the 18th floor, giving a perfect view of the sea and the city. Such a wonderful thing that I've never seen before! Even during the near sunset, it gives incredible scenery. I would recommend anyone who wants to buy a compact room to live in or rent; it is suitable for this price.
Phetchaburi
Cha-Am

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Seaview Cha-Am

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
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
124
Sales Prices
฿3.01M - ฿4.93M
Monthly Rentals
฿10.1K
Year Built
Dec 2016
Completion Status
Completed
Project Name
Baan Thew Lom
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
808
Sales Prices
฿1.4M - ฿6.5M
▼ -38% underpriced
Monthly Rentals
฿6.04K - ฿7.55K
Year Built
Dec 2014
Completion Status
Completed
Project Name
Adana Villa
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
62
Sales Prices
฿5.54M - ฿6.04M
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
20
Sales Prices
฿4.28M - ฿4.71M
▼ -0.5% underpriced
Monthly Rentals
฿45.3K
Year Built
Dec 2010
Completion Status
Completed
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
1195
Sales Prices
฿7.96M - ฿10.1M
▼ -35% underpriced
Monthly Rentals
N/A
Year Built
Dec 2008
Completion Status
Completed
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
193
Sales Prices
฿10.5M - ฿49.3M
▼ -9% underpriced
Monthly Rentals
฿65.5K
Year Built
Jan 2016
Completion Status
Completed
Project Name
The Life Cha-Am
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
48
Sales Prices
฿4.93M
Monthly Rentals
N/A
Year Built
Oct 2009
Completion Status
Completed
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
20
Sales Prices
฿22.7M
▲ 19% overpriced
Monthly Rentals
฿65.5K
Year Built
Feb 2007
Completion Status
Completed
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
270
Sales Prices
฿4.97M - ฿12.1M
▼ -14% underpriced
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
Location
Cha-Am, Cha-Am, Phetchaburi
Number of units
491
Sales Prices
฿2.11M - ฿6.5M
▼ -8.4% underpriced
Monthly Rentals
N/A
Year Built
Dec 2016
Completion Status
Completed
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