2 Bedroom Condo for sale at Lumpini Place Water Cliff

(1 Review)
Chong Nonsi, Yan Nawa,Bangkok
Unit ID: U648240
6% Rental Yield
2 Bedrooms
2 Bathrooms
47.70 SqM Size
12 Floor
Dec 2001 Completed

About This Condo

This property is a 47.70 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Lumpini Place Water Cliff project in Chong Nonsi, Bangkok and was completed in Dec 2001. You can buy this condo for a base price of ฿2,957,400 (฿62,000/SqM).

Features

BalconyBalcony MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Dec 23, 2020
Updated 3 years ago
Property Type Condo
Floor 12
Bedrooms 2
Size 47.70 SqM
Price per SqM ฿62,000
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 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.
N/A
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U648240

Price Analysis

Great Price
Estimated market value ฿3,349,412
Great
฿2,650,000
Good
Fair
Above
฿3,550,000
Current asking Price: ฿2,957,400 | Rental estimate: ฿15,300/mo
This condo is ฿392,012 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
฿2,957,400
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.
16
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 Water Cliff, and the current sales price.
6%

Project Details

Developer: LPN Development
Construction: Completed (Dec 2001)
Floors: 36
Buildings: N/A
Units: 620
Project Area: N/A
Nearest Landmark Chong Nonsi BTS - 2.8 Km
Location: Chong Nonsi, Bangkok
Lumpini Place Water Cliff 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)
Car Parking Car Parking

Available Units at Lumpini Place Water Cliff

For Sale 9 For Rent 1
Get notified when new homes are being added to Lumpini Place Water Cliff
View All (9)

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Frequently Asked Questions

No pets are allowed at Lumpini Place Water Cliff unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chong Nonsi BTS is the nearest BTS Station from Lumpini Place Water Cliff and it is 2.8 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 Water Cliff 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
Excellent location with easy access to public transportation
Budsaba Jarernsuk, Thailand, 2 years ago
The project is in a more convenient location than I expected. Although this area is a small community, it provides a quiet environment, privacy, and convenient traveling. There are a number of facilities, such as car parking, swimming pool, garden area, etc. It is also neighbored by several street foods. It is easily accessible via taxi and Grab. I can walk for about 5 minutes to CentralPlaza Rama 3. This room appeals to me because it has a large area where I can do various things.
Bangkok
Chong Nonsi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Place Water Cliff

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
Chong Nonsi, Yan Nawa, Bangkok
Number of units
215
Sales Prices
฿4.49M - ฿7.89M
▼ -33% underpriced
Monthly Rentals
฿18K - ฿59.9K
Year Built
Sep 2008
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
53
Sales Prices
฿8.19M - ฿10.9M
Monthly Rentals
฿34.9K
Year Built
Jan 2005
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
493
Sales Prices
฿4.64M - ฿5.99M
▲ 24% overpriced
Monthly Rentals
฿9.88K - ฿18.5K
Year Built
Jan 2009
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
960
Sales Prices
฿5.19M - ฿11M
▲ 9% overpriced
Monthly Rentals
฿12K - ฿30K
Year Built
Jan 2009
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
190
Sales Prices
฿4.09M
▲ 5% overpriced
Monthly Rentals
N/A
Year Built
Dec 2002
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
185
Sales Prices
฿5.19M - ฿8.99M
▼ -2.5% underpriced
Monthly Rentals
฿20K - ฿34.9K
Year Built
Dec 2009
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
267
Sales Prices
฿11M
Monthly Rentals
฿39.9K
Year Built
Jan 1997
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
621
Sales Prices
฿3.29M - ฿9.39M
▼ -13% underpriced
Monthly Rentals
฿12K - ฿46.9K
Year Built
Dec 2009
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
91
Sales Prices
฿3.94M - ฿4.09M
▼ -20% underpriced
Monthly Rentals
฿22K
Year Built
Dec 2015
Completion Status
Completed
Location
Chong Nonsi, Yan Nawa, Bangkok
Number of units
566
Sales Prices
฿2.78M - ฿9.49M
Monthly Rentals
฿13K - ฿22K
Year Built
Nov 2018
Completion Status
Completed
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