Studio Condo for sale at Lumpini Mega City Bangna

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Bang Kaeo, Bang Phli,Samut Prakan
Unit ID: U632440
6% Rental Yield
฿1,490,000 Great Price
Studio Bedroom
1 Bathroom
26 SqM Size
5 Floor
Jul 2013 Completed

About This Condo

This property is a 26 SqM studio condo with 1 bathroom that is available for sale. It is part of the Lumpini Mega City Bangna project in Bang Kaeo, Samut Prakan and was completed in Jul 2013. You can buy this condo for a base price of ฿1,490,000 (฿57,308/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type Condo
Floor 5
Bedroom Studio
Size 26 SqM
Price per SqM ฿57,308
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) 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.
฿910/mo
Listed By
Private Owner
Date Listed Sep 10, 2020
Last Updated 2 years ago
Unit ID U632440

Price Analysis

Great Price
Estimated market value ฿2,432,378
Great
฿1,590,000
Good
Fair
Above
฿2,960,000
Current asking Price: ฿1,490,000 | Rental estimate: ฿7,490/mo
This condo is ฿942,378 BELOW MARKET (-39%) in the Samut Prakan 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
฿1,490,000
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.
฿910/mo
Est. Rent
฿7,490/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 studio condos at Lumpini Mega City Bangna, and the current sales price.
6%

Project Details

Project Name: Lumpini Mega City Bangna
Developer: LPN Development
Construction: Completed (Jul 2013)
Floors: 28
Buildings: 5
Units: 4047
Project Area: 27,200 SqM
Nearest Landmark Mega Bangna - 1.1 Km
Location: Bang Phli, Samut Prakan
Lumpini Mega City Bangna 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
Sauna Sauna
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access

Available Units at Lumpini Mega City Bangna

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Thai Quota Built In
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Baths 1 Baths
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Thai Quota Partly Furnished
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Beds 1 Beds
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Thai Quota Fully Furnished City View
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Baths 1 Baths
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Fully Furnished Mountain View
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Baths 1 Baths
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Available Units at Lumpini Mega City Bangna
฿57,308
Great Price
Beds Studio Beds
Baths 1 Baths
Size 26 SqM Size
Floor 5 Floor
Thai Quota Partly Furnished Garden View
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Available Units at Lumpini Mega City Bangna
฿52,174
Beds 1 Beds
Baths 1 Baths
Size 23 SqM Size
Floor 10 Floor
Thai Quota Partly Furnished City View
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Available Units at Lumpini Mega City Bangna
฿50,000
Beds 1 Beds
Baths 1 Baths
Size 23 SqM Size
Floor 17 Floor
Thai Quota Fully Furnished Unblocked Open View
Get notified when new homes are being added to Lumpini Mega City Bangna

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Frequently Asked Questions

No pets are allowed at Lumpini Mega City Bangna 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 ฿910 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.
Mega Bangna is the nearest Shopping Mall from Lumpini Mega City Bangna and it is 1.1 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 Mega City Bangna 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
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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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Samut Prakan
Bang Kaeo

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Lumpini Mega City Bangna

Location
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Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Year Built
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Location
Bang Kaeo, Bang Phli, Samut Prakan
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Location
Bang Kaeo, Bang Phli, Samut Prakan
Number of units
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Number of units
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Number of units
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฿1.4M - ฿4.32M
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Bang Kaeo, Bang Phli, Samut Prakan
Number of units
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Sales Prices
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Number of units
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Sales Prices
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