2 Bedroom Condo for sale at Somkid Place

(1 Review)

Lumphini, Pathum Wan,Bangkok

Unit ID: U1003430

4% Rental Yield

2 Bedrooms

2 Bathrooms

85 SqM Size

4 Floor

Dec 1991 Completed

(1 Review)

Sale Price

฿9,000,000

Great Price

Street View

About This Condo

This property is a 85 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Somkid Place project in Lumphini, Bangkok and was completed in Dec 1991. You can buy this condo for a base price of ฿9,000,000 (฿105,882/SqM).

Features

Duplex

Microwave

Basic Information

Date Listed Jun 23, 2021

Updated 3 years ago

Property Type Condo

Floor 4

Bedrooms 2

Size 85 SqM

Price per SqM ฿105,882

Pets N/A

Condo Ownership

Thai Quota

Furniture

Fully Furnished

View(s) City View

Unit Type N/A

Building N/A

CAM Fee

฿3,825/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U1003430

Investment Opportunity: Charges & Yield

Sale Price

฿9,000,000

CAM Fee

฿3,825/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: Somkid Place

Developer: N/A

Construction: Completed (Dec 1991)

Floors: 5

Buildings: N/A

Units: 34

Project Area: N/A

Nearest Landmark: Chit Lom BTS - 0.5 Km

Location: Lumphini, Bangkok

Somkid Place Project Details

Project Features

On Site Restaurant

24H Security

CCTV (Video Surveillance)

Car Parking

Available Units at Somkid Place

Loan Calculator

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Frequently Asked Questions

The common area maintenance fee is ฿45 per square meter based on the size of indoor area of the property and is ฿3,825 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.

Chit Lom BTS is the nearest BTS Station from Somkid Place and it is 0.5 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.

After you have found the right property at Somkid Place you have to follow these steps:

- Agreement of terms and conditions
- Reservation Agreement
- Reservation Deposit
- Sales and Purchase Agreement
- Settlement & Transfer

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.

Reviews

5 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

Condo in European style

Ohm Yotha, Thailand, 9 years ago

I like the classic European style decoration with a spacious room that is perfectly divided in proportion. It is close to many amenities, including Central Chidlom, Central Embassy, Chit Lom BTS, and Phloen Chit BTS, which are all within a few minutes. I bought a 2 bedroom condo because it has high-quality amenities and is in a convenient location. It shouldn't be too difficult to rent them out.

Bangkok

Lumphini