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The Lumpini 24 Phrom Phong

Thailand / Bangkok2013Condominium

Price from

฿8,700,000

Completion date

2013

Area

55 - 126 m²

Description

The Lumpini 24 Phrom Phong stands in the Phrom Phong district of Bangkok, on Sukhumvit 24. It is a well-known part of Sukhumvit. Benjasiri Park, the EmQuartier and Emporium shopping malls and the Rsphere building are all close by, so shops, restaurants and daily services are within easy reach of the building.

The BTS Phrom Phong station is a short distance from the building, which makes it simple to reach other parts of Bangkok without a car. For owners who drive, the building has parking, and some apartments have a direct entrance from the parking area. The Sukhumvit 24 location works well both for daily commuting and for walking around the neighbourhood.

The building was developed by LPN and completed in 2013. It is a single condominium tower of 46 floors, the only building in the project. The height of the tower shapes the views: higher floors look over the city in a wide panorama, while mid-floor apartments face the surrounding city. The building has been in use for more than ten years, and the apartments are sold on the resale market.

The building has a garden and a swimming pool. Some apartments are duplexes with direct access to the garden and pool, as well as a separate entrance from the parking area. Parking spaces are available for residents, and in at least one case one of the two spaces is fixed to the apartment. You can learn about the other services of the building during a viewing of the apartment.

Two apartments are for sale now. One is a 2-bedroom apartment of 55 sq m with a city view. The other is a 3-bedroom duplex of up to 126 sq m with panoramic and river views. They are located on floors 12 to 41. Both are sold fully furnished, with a kitchen and appliances. Prices range from THB 8,700,000 to THB 39,900,000, covering a wide range of budgets.

Both apartments are freehold, which means full ownership without a time limit. A foreign freehold quota is available in the building, which matters for buyers from abroad. Because both apartments are fully furnished, a buyer can move in right after the purchase is completed, without extra spending on renovation or furniture.

Location

Price from

฿8,700,000

Layouts

Unit typeArea fromPrice fromBedroomsVariants
2 Bedrooms55 m²฿8,700,0002
3 Bedrooms126 m²฿39,900,0003

Apartments for sale

  • 2 bedrooms

    55 m² · Floor 12 · Freehold · Fully furnished

    ฿8,700,000

  • 3 bedrooms

    126 m² · Floor 41 · Freehold · Fully furnished

    ฿39,900,000

ROI Calculator

฿29,000฿285,000

Estimated based on market data

40%100%
0%20%
Monthly income

฿70,000

Annual income

฿835,000

Gross yield

12.4%

Net yield

9.6%

Value in 5 years

฿11,104,000

Total ROI (5 years)

76%

Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

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This material was prepared with the help of artificial intelligence. Please check key figures and terms with our adviser.