2 Bedroom Condo for sale at O2 Hip Condo

(1 Review)
Lumphini, Pathum Wan,Bangkok
Unit ID: U1119656
5% Rental Yield
2 Bedrooms
2 Bathrooms
1,055 Sqft Size
2 Floor
Feb 2010 Completed

About This Condo

This property is a 1,055 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Feb 2010. You can buy this condo for a base price of ₿5.573 (₿0.005/Sqft) and it is also available for long term rentals starting from ₿0.022 per month.

O2 Hip

O2 Hip Condominium is located in the heart of Bangkok between Ploenchit and Wireless Rd. Just minutes away from BTS Phloen Chit (350 m / 4 mins walking distance), expressway, shopping malls and business districts. Located in one of city's greenest avenues, this low-rise luxury residence is ideal for anyone looking to enjoy the perks of being in a city whilst still having privacy.

Features

BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Jul 7, 2022
Updated 1 week ago
Property Type Condo
Floor 2
Bedrooms 2
Size 1,055 Sqft
Price per Sqft ₿0.005
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%.

N/A
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) City 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.
₿0.003/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1119656

Investment Opportunity: Charges & Yield

Sale Price
₿5.573
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.
₿0.003/mo
Rent
₿0.022/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.
22
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.
5%

Project Details

Project Name: O2 Hip Condo
Developer: N/A
Construction: Completed (Feb 2010)
Floors: 7
Buildings: N/A
Units: 48
Project Area: N/A
Nearest Landmark Phloen Chit BTS - 0.2 Km
Location: Lumphini, Bangkok
O2 Hip Condo Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at O2 Hip Condo

For Sale 6 For Rent 6
Get notified when new homes are being added to O2 Hip Condo
View All (6)

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Frequently Asked Questions

No pets are allowed at O2 Hip Condo 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 ₿0 per square meter based on the size of indoor area of the property and is ₿0.003 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.
Phloen Chit BTS is the nearest BTS Station from O2 Hip Condo and it is 0.2 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 O2 Hip Condo 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

4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo is nice and peaceful.
Alisa S., Canada, 5 years ago
Many years ago, I was looking for a condo that was centrally located but still provided privacy. This one is a challenging requirement. But I eventually found this project, where I've now lived for over 5 years. I can say confidently that it fits all of my needs. Besides, this condo has only 8 units per floor. As a result, both inside and outside the project, there is privacy. In terms of rooms, it's very spacious, even a 1-bedroom unit. There's also a great common area because the rooftop has a large swimming pool. Unfortunately, no gym center is available in the common area. However, to fix this problem, the project has given a membership to the Novotel Hotel gym, which is really good.
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby O2 Hip Condo

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
Project Name
Craft Ploenchit
Location
Lumphini, Pathum Wan, Bangkok
Number of units
90
Sales Prices
₿2.488 - ₿11.281
▼ -32% underpriced
Monthly Rentals
₿0.009 - ₿0.020
Year Built
Jan 2021
Completion Status
Completed
Project Name
Ploenchit Terrace
Location
Lumphini, Pathum Wan, Bangkok
Number of units
N/A
Sales Prices
₿35.595
Monthly Rentals
N/A
Year Built
Jan 1993
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
64
Sales Prices
₿1.726 - ₿3.236
▲ 8% overpriced
Monthly Rentals
₿0.007 - ₿0.016
Year Built
Dec 2011
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
62
Sales Prices
₿3.416 - ₿6.472
▼ -6% underpriced
Monthly Rentals
₿0.009 - ₿0.022
Year Built
Dec 2011
Completion Status
Completed
Project Name
Noble Ploenchit
Location
Lumphini, Pathum Wan, Bangkok
Number of units
1444
Sales Prices
₿2.373 - ₿35.595
▼ -4.4% underpriced
Monthly Rentals
₿0.010 - ₿0.083
Year Built
Dec 2016
Completion Status
Completed
Location
Khlong Toei Nuea, Pathum Wan, Bangkok
Number of units
252
Sales Prices
₿1.007 - ₿1.564
▼ -21% underpriced
Monthly Rentals
₿0.005
Year Built
Dec 1983
Completion Status
Completed
Project Name
Life One Wireless
Location
Lumphini, Pathum Wan, Bangkok
Number of units
1344
Sales Prices
₿1.654 - ₿5.449
▲ 1.1% overpriced
Monthly Rentals
₿0.005 - ₿0.022
Year Built
Apr 2020
Completion Status
Completed
Project Name
Park Ploenchit
Location
Khlong Toei Nuea, Pathum Wan, Bangkok
Number of units
162
Sales Prices
₿2.200 - ₿3.358
Monthly Rentals
₿0.009 - ₿0.018
Year Built
Jan 1997
Completion Status
Completed
Project Name
Witthayu Complex
Location
Makkasan, Pathum Wan, Bangkok
Number of units
378
Sales Prices
₿1.435 - ₿7.011
▼ -46% underpriced
Monthly Rentals
₿0.006 - ₿0.020
Year Built
Dec 1996
Completion Status
Completed
Project Name
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Location
Lumphini, Pathum Wan, Bangkok
Number of units
48
Sales Prices
₿6.058 - ₿6.112
▼ -49% underpriced
Monthly Rentals
₿0.018 - ₿0.063
Year Built
Jan 1994
Completion Status
Completed
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