Unit ID: U475874
5% Rental Yield
Thanon Phet Buri, Ratchathewi,Bangkok
$149,000
1 Bedroom
1
Bathroom
288 Sqft
Size
6
Floor
Apr 2018
Completed

About This Condo

This property is a 288 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 $149,000 ($517/Sqft).

Live the Highlife: Luxurious Maestro 14 Condo in Bangkok for Sale

Welcome to Maestro 14 Siam - Ratchathewi, a luxurious condominium located in the bustling area of Thanon Phet Buri, Bangkok. This fully-furnished condo, spanning over 26.79 SqM with 1 bedroom and 1 bathroom, is sure to captivate your attention with its modern infrastructure and marvellous amenities. Boasting impressive greenery, the condo provides a unique homely atmosphere, just steps away from the convenience of the city centre. The interior consists of state-of-the-art appliances and provides an air of elegance alongside its many functional rooms. Its peaceful bedroom is the ideal spot to relax after a busy day, while its exquisite bathroom helps fuel one's morning. A professional concierge service helps cater to your every need and elegant amenities such as a rooftop pool, gym and onsite community areas help ensure you stay energised and entertained throughout your stay. Maestro 14 is proud to be equipped with 24/7 security, helping ensure the safety you need. This beautiful condo is now available for sale with a base price of ฿5,157,000 (฿192,497/SqM). Enjoy the convenience of the city while residing in an exquisite, sophisticated condominium. Contact us now to enquire and find out how Maestro 14 Siam - Ratchathewi could become your home.

Features

BalconyBalcony

Basic Information

Date Listed Apr 21, 2020
Updated 4 years ago
Property Type Condo
Floor 6
Bedroom 1
Size 288 Sqft
Price per Sqft $517
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%.

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.
$50/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U475874

Investment Opportunity: Charges & Yield

Sale Price
$149,000
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

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

  • 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
Get notified when new homes are being added to Maestro 14 Siam - Ratchathewi
View All (10)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
$2,890
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 $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
$2,890
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

Projects Nearby Maestro 14 Siam - Ratchathewi

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Wish @ Siam
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
284
Sales Prices
$80.28K - $239.98K
▼ -36% underpriced
Monthly Rentals
$345 - $719
Year Built
Dec 2008
Completion Status
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Project Name
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Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
298
Sales Prices
$244.59K - $1.35M
▼ -3.5% underpriced
Monthly Rentals
$748 - $1.87K
Year Built
Dec 2012
Completion Status
Completed
Project Name
Baan Kasemsan 1
Location
Wang Mai, Ratchathewi, Bangkok
Number of units
N/A
Sales Prices
$425.87K - $776.92K
▼ -19% underpriced
Monthly Rentals
N/A
Year Built
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Completion Status
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Project Name
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Location
Wang Mai, Ratchathewi, Bangkok
Number of units
N/A
Sales Prices
$158.26K - $187.04K
Monthly Rentals
$374 - $1.15K
Year Built
Jan 2009
Completion Status
Completed
Location
Wang Mai, Ratchathewi, Bangkok
Number of units
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Sales Prices
$141K - $359.68K
▼ -3.1% underpriced
Monthly Rentals
$518 - $1.58K
Year Built
Dec 2014
Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
306
Sales Prices
$133.8K - $169.77K
Monthly Rentals
$432 - $575
Year Built
Jan 2014
Completion Status
Completed
Project Name
Klass Siam
Location
Wang Mai, Ratchathewi, Bangkok
Number of units
79
Sales Prices
$207.18K - $466.15K
▼ -8.5% underpriced
Monthly Rentals
$777 - $1.15K
Year Built
Jan 2016
Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
880
Sales Prices
$214.37K - $599.09K
▲ 3% overpriced
Monthly Rentals
$892 - $2.3K
Year Built
Dec 2022
Completion Status
Completed
Location
Wang Mai, Ratchathewi, Bangkok
Number of units
303
Sales Prices
$158.26K - $374.07K
▼ -13.3% underpriced
Monthly Rentals
$489 - $1.09K
Year Built
Dec 2010
Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
294
Sales Prices
$281.99K - $3.74M
▼ -31% underpriced
Monthly Rentals
$978 - $2.88K
Year Built
Dec 2023
Completion Status
Completed
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