1 Bedroom Condo for sale at Maestro 14 Siam - Ratchathewi

(1 Review)
Thanon Phet Buri, Ratchathewi,Bangkok
Unit ID: U467834
5% Rental Yield
1 Bedroom
1 Bathroom
30.91 SqM Size
3 Floor
Apr 2018 Completed

About This Condo

This property is a 30.91 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Maestro 14 Siam - Ratchathewi project in Thanon Phet Buri, Bangkok and was completed in Apr 2018. You can buy this condo for a base price of ฿5,210,000 (฿168,554/SqM).

Chic Abode Awaits! Maestro 14 Siam - Ratchathewi

Welcome home to Maestro 14 Siam - Ratchathewi! Ready to move in, this immaculately built condo is the perfect option for someone looking for the perfect place to call home. Located in one of the most iconic areas of Bangkok, each room boasts sophistication and detail. To begin, this 30.91 SqM condominium has been thoughtfully constructed to provide homebuyers with an efficient living space full of charm and character. This property comes with one bedroom, one bathroom, and a host of features that can be enjoyed by you, friends and family. Within the flat, you will find varnished hardwood floors, granite countertops, and modern appliances that instantly bring the space to life. The balcony is pleasantly designed and overlooks the hustle and bustle of the city skyline. This view is breathtaking, perfect for unwinding after a long day or for hosting elegant dinner parties during the evening. Not only that, buyers can enjoy the luxuries of the modern lobby and its steel-accent furnishings, plus it is equipped with its own gym, beauty salon, and swimming pool. This exquisite condominium is available for a base price of ฿5,210,000 (฿168,554/SqM). Located just minutes away from major tourist attractions and local amenities, this condo offers a lifestyle that others may only dream of. Now is your chance to be the proud owner of this chic abode; enquire now to find out more!

Features

BalconyBalcony

Basic Information

Date Listed Mar 25, 2020
Updated 3 years ago
Property Type Condo
Floor 3
Bedroom 1
Size 30.91 SqM
Price per SqM ฿168,554
Pets Cats and Dogs (small only)
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%.

Foreign Quota, Thai Quota, Company
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
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.
฿2,009/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U467834

Price Analysis

Great Price
Estimated market value ฿5,446,410
Great
฿5,020,000
Good
Fair
Above
฿6,290,000
Current asking Price: ฿5,210,000 | Rental estimate: ฿19,600/mo
This condo is ฿236,410 BELOW MARKET (-4%) in the Bangkok 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿5,210,000
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.
฿2,009/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Maestro 14 Siam - Ratchathewi, and the current sales price.
5%

Project Details

Construction: Completed (Apr 2018)
Floors: 8
Buildings: 1
Units: 179
Project Area: 2,236 SqM
Nearest Landmark Ratchathewi BTS - 0.3 Km
Location: Thanon Phet Buri, Bangkok
Maestro 14 Siam - Ratchathewi 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
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Music Room Music Room
Lounge Lounge
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators

Popular Facilities at Maestro 14 Siam - Ratchathewi

  • Communal Pool
    Ground Floor
  • Communal Garden Area
    Ground Floor
  • Communal Gym
    Rooftop
  • Library / Reading Room
    Ground Floor
  • Communal Garden Area
    Rooftop

Available Units at Maestro 14 Siam - Ratchathewi

For Sale 8 For Rent 4
Get notified when new homes are being added to Maestro 14 Siam - Ratchathewi
View All (8)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Maestro 14 Siam - Ratchathewi.
The common area maintenance fee is ฿65 per square meter based on the size of indoor area of the property and is ฿2,009 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Maestro 14 Siam - Ratchathewi the required payment for the sinking fund is ฿650 per square meter based on the size of the indoor area of the property.
Ratchathewi BTS is the nearest BTS Station from Maestro 14 Siam - Ratchathewi 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 Maestro 14 Siam - Ratchathewi you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

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
Sale Price : ฿12,140,999
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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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
A condo that allows pets
Nick H., Canada, 4 years ago
I'm looking for a condo where I could raise pets, and I found one here. It turns out that comfort goes beyond just allowing pets because the facilities in the common areas are also perfect. My favorite is probably the library lounge, where I can sit and work when I'm bored in my own room. Anyway, the only disadvantage is that the parking lot is too small compared to the number of units in the project. In terms of location, it's impressive because it is an important center for education and economy, which is close to many leading department stores as well as easy to access everywhere as it takes a few minutes to get to Ratchathewi BTS.
Bangkok
Thanon Phet Buri

Neighborhood Overview

Location and Neighborhood

Street View

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