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A well-positioned 1-bedroom condo for sale at Maestro 03 Ratchada–Rama 9, offering a convenient city lifestyle and immediate rental income.
Located on the 3rd floor, this 29 sqm unit features a functional layout with 1 bedroom and 1 bathroom, making it suitable for both investors and future personal use.
The property is currently rented for ฿16,500 per month, with the existing tenancy running until 1 October 2026, allowing the new owner to benefit from rental income immediately after the transfer.
Ideally located in the Rama 9 area, the residence offers easy access to MRT stations, shopping malls, offices, restaurants, and major business districts.
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%.
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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 Maestro 03 Ratchada-Rama 9 you have to follow these steps:
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.