Unit ID: U1685160
7% Rental Yield
Lumphini, Pathum Wan,Bangkok
$291,000
1 Bedroom
1
Bathroom
624 Sqft
Size
23
Floor
Dec 2015
Completed

About This Condo

This property is a 624 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of $291,000 ($467/Sqft) and it is also available for long term rentals starting from $1,600 per month.

Features

Pool AccessPool Access Garden AccessGarden Access Covered ParkingCovered Parking TVTV Direct access to BTS/MRTDirect access to BTS/MRT

Basic Information

Date Listed Nov 19, 2024
Updated 2 weeks ago
Property Type Condo
Floor 23
Bedroom 1
Size 624 Sqft
Price per Sqft $467
Pets Not Allowed
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%.

Leasehold
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) Park View
Unit Type N/A
Building Magnolias Ratchadamri Boulevard
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.
$152/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1685160

Investment Opportunity: Charges & Yield

Sale Price
$291,000
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.
$152/mo
Rent
$1,600/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.
15
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Construction: Completed (Dec 2015)
Floors: 60
Buildings: 1
Units: 316
Project Area: 114,959 Sqft
Nearest Landmark Ratchadamri BTS - 0.4 Km
Location: Lumphini, Bangkok
Magnolias Ratchadamri Boulevard Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Library / Reading Room Library / Reading Room
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access

Popular Facilities at Magnolias Ratchadamri Boulevard

  • Communal Pool
    5th Floor
  • Communal Gym
    5th Floor
  • Reception / Lobby Area
    1st Floor
  • Lounge
    4th Floor
  • Indoor Kids Zone
    4th Floor

Available Units at Magnolias Ratchadamri Boulevard

For Sale 21 For Rent 30
Available Units at Magnolias Ratchadamri Boulevard
$296,000
$474/Sqft
Beds 1 Beds
Baths 1 Baths
Size 624 Sqft Size
Floor 23 Floor
Fully Furnished Skyline View
Available Units at Magnolias Ratchadamri Boulevard
$291,000
$467/Sqft
Beds 1 Beds
Baths 1 Baths
Size 624 Sqft Size
Floor 23 Floor
Thai Quota Fully Furnished Park View
Available Units at Magnolias Ratchadamri Boulevard
$365,000
$385/Sqft
Beds 2 Beds
Baths 2 Baths
Size 947 Sqft Size
Floor 43 Floor
Unfurnished 360° View
Available Units at Magnolias Ratchadamri Boulevard
$365,000
$378/Sqft
Beds 2 Beds
Baths 2 Baths
Size 964 Sqft Size
Floor 32 Floor
Unfurnished City View
Updated 2 months ago
Available Units at Magnolias Ratchadamri Boulevard
$350,000$379,000
$650/Sqft
Beds 1 Beds
Baths 1 Baths
Size 538 Sqft Size
Floor 20 Floor
Foreign Quota Fully Furnished Golf Course View
Available Units at Magnolias Ratchadamri Boulevard
$365,000
$390/Sqft
Beds 2 Beds
Baths 2 Baths
Size 935 Sqft Size
Floor 39 Floor
Unfurnished Skyline View
Available Units at Magnolias Ratchadamri Boulevard
$321,000
$514/Sqft
Beds 1 Beds
Baths 1 Baths
Size 624 Sqft Size
Floor 20 Floor
Thai Quota Fully Furnished City View
Updated 6 days ago
Available Units at Magnolias Ratchadamri Boulevard
$2,330,000
$675/Sqft
Beds 4 Beds
Baths 4 Baths
Size 3,455 Sqft Size
Floor 50 Floor
Thai Quota Fully Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
$598,000
$637/Sqft
Beds 2 Beds
Baths 2 Baths
Size 939 Sqft Size
Floor 35 Floor
Leasehold Unfurnished Golf Course View
Available Units at Magnolias Ratchadamri Boulevard
$656,000
$735/Sqft
Beds 2 Beds
Baths 2 Baths
Size 893 Sqft Size
Floor 45 Floor
Available Units at Magnolias Ratchadamri Boulevard
$758,000
$859/Sqft
Beds 2 Beds
Baths 2 Baths
Size 883 Sqft Size
Floor 42 Floor
Fully Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
$583,000
$686/Sqft
Beds 2 Beds
Baths 2 Baths
Size 850 Sqft Size
Floor 49 Floor
Leasehold Unfurnished City View
Available Units at Magnolias Ratchadamri Boulevard
$729,000
$651/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,119 Sqft Size
Floor 34 Floor
Leasehold Fully Furnished Golf Course View
Available Units at Magnolias Ratchadamri Boulevard
$394,000
$638/Sqft
Beds 1 Beds
Baths 1 Baths
Size 617 Sqft Size
Floor 29 Floor
Leasehold Fully Furnished Park View
Available Units at Magnolias Ratchadamri Boulevard
$610,000
$691/Sqft
Beds 2 Beds
Baths 2 Baths
Size 882 Sqft Size
Floor 25 Floor
Leasehold Fully Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
$744,000
$793/Sqft
Beds 2 Beds
Baths 2 Baths
Size 937 Sqft Size
Floor 37 Floor
Available Units at Magnolias Ratchadamri Boulevard
$642,000
$665/Sqft
Beds 2 Beds
Baths 2 Baths
Size 964 Sqft Size
Floor 31 Floor
Foreign Quota Unfurnished City View
Available Units at Magnolias Ratchadamri Boulevard
$729,000
$753/Sqft
Beds 2 Beds
Baths 2 Baths
Size 969 Sqft Size
Floor 37 Floor
Leasehold Partly Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
$642,000
$727/Sqft
Beds 2 Beds
Baths 2 Baths
Size 883 Sqft Size
Floor 23 Floor
Foreign Quota Fully Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
$811,000
$847/Sqft
Beds 2 Beds
Baths 2 Baths
Size 958 Sqft Size
Floor 32 Floor
Thai Quota Fully Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
$729,000
$826/Sqft
Beds 2 Beds
Baths 2 Baths
Size 883 Sqft Size
Floor 42 Floor
Foreign Quota Fully Furnished City View
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Frequently Asked Questions

No pets are allowed at Magnolias Ratchadamri Boulevard 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 $3 per square meter based on the size of indoor area of the property and is $152 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.
Ratchadamri BTS is the nearest BTS Station from Magnolias Ratchadamri Boulevard and it is 0.4 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 Magnolias Ratchadamri Boulevard you have to follow these steps:

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

 


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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Awesome condominium, if I'm rich enough I will get one too!
Julie Ng, Singapore, 4 years ago
I went to visit my friend who stays here. The location of this project is the best in the heart of Ratchaprasong Intersection. The design is outstanding and unique. The building is curvy in an oval shape, and everything is too luxurious for ordinary people like me. The residents in this project are all exclusive. The building is a shared area of the 6-star hotel. Do not mention cleanliness, beauty, and very privacy; they are all at an exceptional level. The room is beautifully decorated, hi-class, and luxuriously designed by a famous Thai designer. The materials in the room are all imported. The room ceiling is 3 meters high, making it more spacious. The windows of the room are floor-to-ceiling so that the residents can admire the view of the room. My friend's room has a view of the Royal Bangkok Sports Club, which is fantastic. Besides, it's convenient to travel as it's closed to Chidlom BTS, and you can go shopping within walking distance. The opposite of the condo is Central World. You can walk from the sky walkway to Siam. It's a dream that only wealthy people can make it true. sooooo jealous!!
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Magnolias Ratchadamri Boulevard

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
The Royal Maneeya
Location
Lumphini, Pathum Wan, Bangkok
Number of units
76
Sales Prices
$320.85K - $373.35K
▼ -49% underpriced
Monthly Rentals
$1.31K - $4.38K
Year Built
Dec 2007
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
380
Sales Prices
$131.25K - $160.42K
▲ 8.3% overpriced
Monthly Rentals
$554 - $3.5K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Hansar Rajdamri
Location
Lumphini, Pathum Wan, Bangkok
Number of units
196
Sales Prices
$200.01K - $437.52K
▼ -17% underpriced
Monthly Rentals
$1.25K - $7.29K
Year Built
Dec 2008
Completion Status
Completed
Project Name
The Grand Regent
Location
Lumphini, Pathum Wan, Bangkok
Number of units
300
Sales Prices
$38.5K
Monthly Rentals
$438 - $963
Year Built
Jan 1998
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
53
Sales Prices
$13.13M
Monthly Rentals
$9.33K - $29.17K
Year Built
Jan 2010
Completion Status
Completed
Project Name
Langsuan Ville
Location
Lumphini, Pathum Wan, Bangkok
Number of units
262
Sales Prices
$478.35K - $974.2K
▼ -10.5% underpriced
Monthly Rentals
$1.02K - $3.5K
Year Built
Dec 2001
Completion Status
Completed
Project Name
The Rajdamri
Location
Pathum Wan, Pathum Wan, Bangkok
Number of units
278
Sales Prices
$81.67K - $414.18K
▼ -13.9% underpriced
Monthly Rentals
$583 - $5.83K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Scope Lang Suan
Location
Lumphini, Pathum Wan, Bangkok
Number of units
134
Sales Prices
$1.02M - $16.63M
Monthly Rentals
$4.38K - $14K
Year Built
May 2023
Completion Status
Completed
Project Name
Baan Na Varang
Location
Lumphini, Pathum Wan, Bangkok
Number of units
95
Sales Prices
$860.45K
Monthly Rentals
$729 - $2.19K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Baan Somthavil
Location
Lumphini, Pathum Wan, Bangkok
Number of units
113
Sales Prices
$93.34K
▼ -50% underpriced
Monthly Rentals
$613 - $2.92K
Year Built
Dec 1996
Completion Status
Completed
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