2 Bedroom Condo for sale at Lumpini Ville Chaengwattana - Pak Kret

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Pak Kret, Pak Kret,Nonthaburi
Unit ID: U258815
5% Rental Yield
2 Bedrooms
2 Bathrooms
56 SqM Size
24 Floor
Jan 2012 Completed

About This Condo

This property is a 56 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Lumpini Ville Chaengwattana - Pak Kret project in Pak Kret, Nonthaburi and was completed in Jan 2012. You can buy this condo for a base price of ฿3,700,000 (฿66,071/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Dec 5, 2019
Updated 4 years ago
Property Type Condo
Floor 24
Bedrooms 2
Size 56 SqM
Price per SqM ฿66,071
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
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View, Pool View, 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.
฿1,680/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U258815

Price Analysis

Above Average
Estimated market value ฿2,882,545
Great
฿1,730,000
Good
Fair
Above
฿3,290,000
Current asking Price: ฿3,700,000 | Rental estimate: ฿14,800/mo
This condo is ฿817,455 ABOVE MARKET (28%) in the Nonthaburi 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
฿3,700,000
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.
฿1,680/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.
21
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 Ville Chaengwattana - Pak Kret, and the current sales price.
5%

Project Details

Developer: LPN Development
Construction: Completed (Jan 2012)
Floors: 32
Buildings: N/A
Units: 1615
Project Area: N/A
Nearest Landmark Yaek Nonthaburi 1 MRT - 7.7 Km
Location: Pak Kret, Nonthaburi
Lumpini Ville Chaengwattana - Pak Kret 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

Available Units at Lumpini Ville Chaengwattana - Pak Kret

For Sale 7 For Rent 8
Get notified when new homes are being added to Lumpini Ville Chaengwattana - Pak Kret
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Frequently Asked Questions

No pets are allowed at Lumpini Ville Chaengwattana - Pak Kret 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,680 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 Ville Chaengwattana - Pak Kret the required payment for the sinking fund is ฿300 per square meter based on the size of the indoor area of the property.
Yaek Nonthaburi 1 MRT is the nearest MRT Station from Lumpini Ville Chaengwattana - Pak Kret and it is 7.7 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 Ville Chaengwattana - Pak Kret 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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Nonthaburi
Pak Kret

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Ville Chaengwattana - Pak Kret

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
Pak Kret, Pak Kret, Nonthaburi
Number of units
410
Sales Prices
฿1.8M - ฿4.49M
Monthly Rentals
฿7.99K - ฿17K
Year Built
Jan 2018
Completion Status
Completed
Project Name
The Kith Tiwanon
Location
Pak Kret, Pak Kret, Nonthaburi
Number of units
N/A
Sales Prices
฿1.17M - ฿1.5M
Monthly Rentals
฿4.49K - ฿12K
Year Built
Dec 2014
Completion Status
Completed
Location
Pak Kret, Pak Kret, Nonthaburi
Number of units
79
Sales Prices
฿2.25M - ฿2.45M
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
Pak Kret, Pak Kret, Nonthaburi
Number of units
864
Sales Prices
฿1.55M - ฿4.07M
Monthly Rentals
฿6.99K - ฿7.99K
Year Built
Jul 2019
Completion Status
Completed
Project Name
NHA Nonthaburi 3
Location
Pak Kret, Pak Kret, Nonthaburi
Number of units
540
Sales Prices
฿799K
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Project Name
Pakkret Village
Location
Bang Phut, Pak Kret, Nonthaburi
Number of units
520
Sales Prices
฿1.79M - ฿2.2M
Monthly Rentals
฿7.49K
Year Built
Jan 2009
Completion Status
Completed
Location
Bang Phut, Pak Kret, Nonthaburi
Number of units
2500
Sales Prices
฿649K - ฿1.55M
▼ -18% underpriced
Monthly Rentals
฿5.49K - ฿6.99K
Year Built
Dec 2006
Completion Status
Completed
Location
Bang Phut, Pak Kret, Nonthaburi
Number of units
308
Sales Prices
฿2.99M - ฿3.39M
▲ 0.5% overpriced
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
Location
Bang Talat, Pak Kret, Nonthaburi
Number of units
200
Sales Prices
฿1.05M
Monthly Rentals
N/A
Year Built
Jan 1995
Completion Status
Completed
Location
Pak Kret, Pak Kret, Nonthaburi
Number of units
112
Sales Prices
฿15.7M
Monthly Rentals
฿12K - ฿14K
Year Built
Mar 1996
Completion Status
Completed
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