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    Studio Condo for sale at President Place
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    ฿3,700,000
    Request Details

    Studio Condo for sale at President Place [Leasehold]

    (1 Review)
    Lumphini, Pathum Wan,Bangkok
    Unit ID: U62966
    97% Rental Yield
    Studio Bedroom
    1 Bathroom
    42 SqM Size
    11 Floor
    Dec 1999 Completed
    (1 Review)
    Sale Price
    ฿3,700,000
    12

    About This Condo

    This property is a 42 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 1999. You can buy this condo for a base price of ฿3,700,000 (฿88,095/SqM) and it is also available for long term rentals starting from ฿300,000 per month.

    If you're searching for a beautiful studio property to invest in or ideal for a place of your own, look no further! The convenient 42 SQM. studio condominium is now available for purchase in the highly sought-after President Place development in central Bangkok.The condo itself is in excellent condition and was newly-constructed in December 1999. Spanning across 42 SQM. with one bathroom, the property is accessible and great value,TMaking this unit even more appealing, the condominium is offered for long-term rentals. Having guaranteed rental income from this property makes it even more attractive to prospective buyers.Placed in the vibrant district of Lumphini close to all the necessary amenities such as supermarkets, schools, and banks, the condo is conveniently situated in the heart of the city. Commuting to other locations in the metropolitan area is made easy with the easily-accessible public transportation links located near the property.If you're looking for an affordable, idyllic property in Bangkok, this charming condominium at President Place is the perfect choice for you. Don't miss out on this fantastic opportunity sounding you. Call us today to enquire and find out more about this desirable condo.

    Basic Information

    Date Listed Dec 13, 2023
    Updated 10 months ago
    Property Type Condo
    Floor 11
    Bedroom Studio
    Size 42 SqM
    Price per SqM ฿88,095
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

    Leasehold
    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) Blocked 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
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U62966

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿3,700,000
    Rent
    ฿300,000/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.
    1
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    97%

    Project Details

    Project Name: President Place
    Developer: President Place
    Construction: Completed (Dec 1999)
    Floors: 27
    Buildings: 1
    Units: 168
    Project Area: 4,000 SqM
    Nearest Landmark Chit Lom BTS - 0.3 Km
    Location: Lumphini, Bangkok
    President Place Project Details

    Project Features

    Hotel Managed Hotel Managed
    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Bar Bar
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Spa Spa
    Steam Room Steam Room
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Walking / Running Track Walking / Running Track
    Yoga Area Yoga Area
    BBQ Area BBQ Area
    Library / Reading Room Library / Reading Room
    Communal Garden Area Communal Garden Area
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at President Place

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      8th Floor
    • Communal Gym
      8th Floor
    • Library / Reading Room
      8th Floor

    Available Units at President Place

    For Sale 3 For Rent 17
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to President Place
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at President Place unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Chit Lom BTS is the nearest BTS Station from President Place and it is 0.3 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 President Place 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

    Reviews

    4.5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Decent room with full furniture
    Claire White, Australia, 6 years ago
    I love this location as it is not far from Chidlom BTS station. You can walk for less than 5 minutes. The project itself may look a bit old, but the inside is still okay. The room I stayed in is a two-bedroom room, decent size, full furniture. The design may not look modern. A lot of people say it's a bit old-fashioned, but I like it. I think it's vintage. The pool is not very wide, so it can't be used for exercise. If you are going to sit and chill, it is considered okay, good atmosphere. The price is quite reasonable considering its location in the prime area.
    Bangkok
    Lumphini

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