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    2 Bedroom Condo for sale at Maestro 12
    Thanon Phet Buri, Ratchathewi,Bangkok
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    Sale Price
    $361,000
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    2 Bedroom Condo for sale at Maestro 12
    (1 Review)
    Unit ID: U30979
    4% Rental Yield
    Thanon Phet Buri, Ratchathewi,Bangkok
    $361,000 Great Price
    2 Bedrooms
    2
    Bathrooms
    670 Sqft
    Size
    Ground Floor
    Floor
    Dec 2015
    Completed
    1
    Sale Price
    $361,000
    Great Price

    About This Condo

    This property is a 670 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Thanon Phet Buri, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of $361,000 ($540/Sqft).

    Basic Information

    Date Listed Aug 9, 2017
    Updated 1 year ago
    Property Type Condo
    Floor Ground Floor
    Bedrooms 2
    Size 670 Sqft
    Price per Sqft $540
    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%.

    N/A
    Furniture
    Unfurnished
    View(s) N/A
    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.
    $90/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U30979

    Investment Opportunity: Charges & Yield

    Sale Price
    $361,000
    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.
    $90/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.
    23
    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 2 bedroom condos at Maestro 12, and the current sales price.
    4%

    Project Details

    Project Name: Maestro 12
    Developer: Major Development Estate Co., Ltd.
    Construction: Completed (Dec 2015)
    Floors: 8
    Buildings: 1
    Units: 115
    Project Area: 15,285 Sqft
    Nearest Landmark Ratchathewi BTS - 0.5 Km
    Location: Thanon Phet Buri, Bangkok
    Maestro 12 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
    Reception / Lobby Area Reception / Lobby Area
    BBQ Area BBQ Area
    Communal Garden Area Communal Garden Area
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at Maestro 12

    • All
    • Fitness
    • Leisure
    3
    • Communal Garden Area
      Rooftop
    • Communal Pool
      Rooftop
    • Communal Gym
      Rooftop

    Available Units at Maestro 12

    For Sale 4 For Rent 5
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Maestro 12
    View All (4)

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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 12.
    The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿3,110 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.
    Ratchathewi BTS is the nearest BTS Station from Maestro 12 and it is 0.5 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 12 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

    4 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    A good and worthwhile project
    Patreo K., Russia, 6 years ago
    It is centrally located in the city center with convenient access to everywhere due to 270 meters adjacent to Ratchathewi BTS. The room I rented is a 1-bedroom with a perfect area and beautifully allocated into zones. The furniture provided is also quality. Besides, it offers a complete range of facilities, such as the gym, pool, gardens, car parking spaces, and security system that is considered alright for the residents. Moreover, the project is positioned close to amenities, including Central World, Siam Paragon, and Phaya Thai Hospital. Therefore, it perfectly meets every lifestyle.
    Bangkok
    Thanon Phet Buri

    Neighborhood Overview

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