2 Bedroom Condo for sale at Lumpini Place Rama IX-Ratchada

(1 Review)
Huai Khwang, Huai Khwang,Bangkok
Unit ID: U1053698
6% Rental Yield
2 Bedrooms
2 Bathrooms
71 SqM Size
11 Floor
Dec 2009 Completed

About This Condo

This property is a 71 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Lumpini Place Rama IX-Ratchada project in Huai Khwang, Bangkok and was completed in Dec 2009. You can buy this condo for a base price of ฿6,200,000 (฿87,324/SqM).

Features

BalconyBalcony TVTV

Basic Information

Date Listed Jan 21, 2022
Updated 2 years ago
Property Type Condo
Floor 11
Bedrooms 2
Size 71 SqM
Price per SqM ฿87,324
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) City 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.
฿2,485/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1053698

Investment Opportunity: Charges & Yield

Sale Price
฿6,200,000
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.
฿2,485/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.
17
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 2 bedroom condos at Lumpini Place Rama IX-Ratchada, and the current sales price.
6%

Project Details

Developer: LPN Development
Construction: Completed (Dec 2009)
Floors: 30
Buildings: 4
Units: 1165
Project Area: 24,400 SqM
Nearest Landmark Phra Ram 9 MRT - 0.6 Km
Location: Huai Khwang, Bangkok
Lumpini Place Rama IX-Ratchada 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
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at Lumpini Place Rama IX-Ratchada

For Sale 11 For Rent 25
Get notified when new homes are being added to Lumpini Place Rama IX-Ratchada
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Frequently Asked Questions

No pets are allowed at Lumpini Place Rama IX-Ratchada 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 ฿2,485 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.
Phra Ram 9 MRT is the nearest MRT Station from Lumpini Place Rama IX-Ratchada and it is 0.6 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 Rama IX-Ratchada 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo in the best location
Andy Green, Austria, 6 years ago
This condo is perfect for my lifestyle, close to Central and Phra Ram 9 MRT, only a few minutes walk. This project has many room types starting from studio rooms to 2 bedrooms. My room is nice and is fully furnished. Most importantly, there are many facilities within the project, such as a pool, fitness center, shop, and restaurant, so you do not have to go out to find excellent food. Very good!
Bangkok
Huai Khwang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Place Rama IX-Ratchada

Location
Number of units
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Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
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Location
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Number of units
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Sales Prices
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Year Built
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Completion Status
Completed
Location
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Number of units
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Monthly Rentals
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Year Built
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Location
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