1 Bedroom Condo for sale at Mazarine Ratchayothin

(1 Review)
Chantharakasem, Chatuchak,Bangkok
Unit ID: U160319
4% Rental Yield
1 Bedroom
1 Bathroom
33 SqM Size
12 Floor
Jul 2019 Completed

About This Condo

This property is a 33 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Mazarine Ratchayothin project in Chantharakasem, Bangkok and was completed in Jul 2019. You can buy this condo for a base price of ฿5,730,000 (฿173,636/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jun 27, 2019
Updated 3 years ago
Property Type Condo
Floor 12
Bedroom 1
Size 33 SqM
Price per SqM ฿173,636
Pets Not Allowed
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
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 1BR
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.
฿2,310/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U160319

Price Analysis

Great Price
Estimated market value ฿6,525,337
Great
฿6,220,000
Good
Fair
Above
฿6,980,000
Current asking Price: ฿5,730,000 | Rental estimate: ฿19,600/mo
This condo is ฿795,337 BELOW MARKET (-12%) 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
฿5,730,000
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.
฿2,310/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.
24
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 Mazarine Ratchayothin, and the current sales price.
4%

Project Details

Project Name: Mazarine Ratchayothin
Construction: Completed (Jul 2019)
Floors: 37
Buildings: 1
Units: 474
Project Area: 6,186 SqM
Nearest Landmark Ratchayothin BTS - 0.3 Km
Location: Chantharakasem, Bangkok
Mazarine Ratchayothin Project Details

Project Features

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
Steam Room Steam Room
Sauna Sauna
Party Hall / Group Entertainment Party Hall / Group Entertainment
Kids Pool Kids Pool
Lounge Lounge
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access

Popular Facilities at Mazarine Ratchayothin

  • Communal Pool
    36th Floor
  • Communal Gym
    37th Floor
  • Lounge
    37th Floor

Available Units at Mazarine Ratchayothin

For Sale 78 For Rent 11
Available Units at Mazarine Ratchayothin
฿5,348,000
฿161,279/SqM
Beds 1 Beds
Baths 1 Baths
Size 33.16 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿5,253,000
฿156,853/SqM
Beds 1 Beds
Baths 1 Baths
Size 33.49 SqM Size
Floor 13 Floor
Thai Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿4,429,000
฿175,684/SqM
Beds 1 Beds
Baths 1 Baths
Size 25.21 SqM Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿5,441,000
฿162,466/SqM
Beds 1 Beds
Baths 1 Baths
Size 33.49 SqM Size
Floor 10 Floor
Thai Quota City View
Available Units at Mazarine Ratchayothin
฿6,700,000
฿163,415/SqM
Beds 1 Beds
Baths 1 Baths
Size 41 SqM Size
Floor 17 Floor
Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿5,850,000
฿162,500/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿8,500,000
฿212,500/SqM
Beds 2 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 17 Floor
Thai Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿7,300,000
฿173,810/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿7,300,000
฿173,810/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿7,300,000
฿173,810/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿7,300,000
฿173,810/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿5,730,000
฿173,636/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿5,730,000
฿173,636/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿5,730,000
฿173,636/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿5,730,000
฿173,636/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿5,730,000
฿173,636/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿5,730,000
฿173,636/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿6,870,000
฿176,154/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 39 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿9,160,000
฿190,833/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 48 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿4,490,000
฿172,692/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 26 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿4,490,000
฿172,692/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 26 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿7,610,000
฿190,250/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿4,450,000
฿164,815/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 27 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿5,030,000
฿152,795/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32.92 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿5,810,000
฿176,061/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿6,310,000
฿175,278/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 19 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿6,140,000
฿186,061/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 19 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿6,140,000
฿186,061/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 19 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿6,140,000
฿186,061/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 19 Floor
Foreign Quota Fully Furnished City View
Available Units at Mazarine Ratchayothin
฿6,140,000
฿186,061/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 19 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to Mazarine Ratchayothin
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Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿5,000
2nd Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
2nd Installment
On handover
100%

Frequently Asked Questions

No pets are allowed at Mazarine Ratchayothin 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 ฿70 per square meter based on the size of indoor area of the property and is ฿2,310 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 Mazarine Ratchayothin the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Ratchayothin BTS is the nearest BTS Station from Mazarine Ratchayothin 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 Mazarine Ratchayothin 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
฿5,000
2nd Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
2nd Installment
On handover
100%

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

3.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is convenient & worth the price paid with the excellent quality condo
Jonny Dave, Singapore, 4 years ago
Not disappointed with the project here because it is easy to travel. Also, there is a full range of facilities. There is a sky lounge in the common area where you can sit and watch the view and have a party. If you want to use the meeting room or ask for the equipment, you can tell the staff. They are very helpful. The safety system in the project is of an excellent standard. I like to use the rooftop gym because there are modern equipment and sufficient for the number of residents. For this area, if traveling by car is more convenient but using public transport, it is recommended to take the Ratchayothin BTS in front of the project. Overall, I think it is convenient—worth the price paid with the excellent quality condo in the heart of Bangkok.
Bangkok
Chantharakasem

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Mazarine Ratchayothin

Location
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Project Name
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Location
Chantharakasem, Chatuchak, Bangkok
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฿2.8M - ฿4.75M
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Year Built
Jan 2009
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Chantharakasem, Chatuchak, Bangkok
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