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    1 Bedroom Condo for sale at Maestro 14 Siam - Ratchathewi
    Thanon Phet Buri, Ratchathewi,Bangkok
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    Sale Price
    $116,000
    Request Details

    1 Bedroom Condo for sale at Maestro 14 Siam - Ratchathewi
    (1 Review)
    Unit ID: U1634088
    5% Rental Yield
    Thanon Phet Buri, Ratchathewi,Bangkok
    $116,000
    1 Bedroom
    1
    Bathroom
    280 Sqft
    Size
    2
    Floor
    Apr 2018
    Completed
    5
    Sale Price
    $116,000

    About This Condo

    This property is a 280 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Thanon Phet Buri, Bangkok and was completed in Apr 2018. You can buy this condo for a base price of $116,000 ($416/Sqft).

    Features

    BalconyBalcony

    Basic Information

    Date Listed Jul 10, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 2
    Bedroom 1
    Size 280 Sqft
    Price per Sqft $416
    Pets Cats and Dogs (small only)
    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%.

    Thai 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 N/A
    Building Maestro 14 Siam - Ratchathewi
    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.
    $50/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1634088

    Investment Opportunity: Charges & Yield

    Sale Price
    $116,000
    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.
    $50/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

    Project Name: Maestro 14 Siam - Ratchathewi
    Developer: Major Development Estate Co., Ltd.
    Construction: Completed (Apr 2018)
    Floors: 8
    Buildings: 1
    Units: 179
    Project Area: 24,068 Sqft
    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

    • All
    • Fitness
    • Leisure
    4
    • 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 10 For Rent 5
    • All
    • 1 Bed
    Get notified when new homes are being added to Maestro 14 Siam - Ratchathewi
    View All (10)

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    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 $2 per square meter based on the size of indoor area of the property and is $50 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 $19 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
    $2,960
    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

    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, 5 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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