Studio Condo for sale at Mazarine Ratchayothin

(1 Review)

Chantharakasem, Chatuchak,Bangkok

Unit ID: U160407

4% Rental Yield

Studio Bedroom

1 Bathroom

27 SqM Size

19 Floor

Jul 2019 Completed

(1 Review)

Sale Price

฿4,800,000

Street View

About This Condo

This property is a 27 SqM studio condo with 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 ฿4,800,000 (฿177,778/SqM).

Features

Balcony

Basic Information

Date Listed Jun 27, 2019

Updated 6 years ago

Property Type Condo

Floor 19

Bedroom Studio

Size 27 SqM

Price per SqM ฿177,778

Pets Not Allowed

Condo Ownership

Foreign Quota

Furniture

Fully Furnished

View(s) Skyline View, City View, Unblocked Open View

Unit Type STU

Building N/A

CAM Fee

฿1,890/mo

Listed By

Agent / Partner

Electricity Price Government Rate

Water Price Government Rate

Unit ID U160407

Investment Opportunity: Charges & Yield

Sale Price

฿4,800,000

CAM Fee

฿1,890/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: Mazarine Ratchayothin

Developer: Grand Unity Development

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 Gym

Bar

24H Security

CCTV (Video Surveillance)

Indoor Kids Zone

Car Parking

Steam Room

Sauna

Party Hall / Group Entertainment

Kids Pool

Lounge

Laundry Facilities / Dry Cleaning

Key card access

Popular Facilities at Mazarine Ratchayothin

Communal Pool

36th Floor
Communal Gym

37th Floor
Lounge

37th Floor

Available Units at Mazarine Ratchayothin

Loan Calculator

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Developer 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 ฿1,890 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.

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%

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.

Reviews

3.7 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

It is convenient & worth the price paid with the excellent quality condo

Jonny Dave, Singapore, 6 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