Unit ID: U1060016
6% Rental Yield
Khlong Tan Nuea, Watthana,Bangkok
$318,000
2 Bedrooms
2
Bathrooms
764 Sqft
Size
4
Floor
Jan 2015
Completed

About This Condo

This property is a 764 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Khlong Tan Nuea, Bangkok and was completed in Jan 2015. You can buy this condo for a base price of $318,000 ($416/Sqft).

Maestro 39 from Major Development Located on Sukhumvit Road Close to Soi Sukhumvit 39, Khlong Tan Nuea Sub-District, Wattana District, Bangkok, near BTS Phrom Phong, 3 main lines, The Em District and Benjasiri Park. * 71 sqm * 4th floor, backside of building away from street so very quiet * two bedrooms * two bathrooms * sauna * gym * pool * one study and one meeting room * children playroom * complimentary transport to closeby BTS & MRT * coin operated laundry facilities * 1 km to EmQuartier and 500 meters to Fuji shopping store * Restaurants and cafes walking distance. * pet friendly * roof top with pet garden, putting green, golf swing green, onsen pool, BBQ area * good security

Basic Information

Date Listed Feb 24, 2022
Updated 2 years ago
Property Type Condo
Floor 4
Bedrooms 2
Size 764 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%.

N/A
Furniture
N/A
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.
$155/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1060016

Investment Opportunity: Charges & Yield

Sale Price
$318,000
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.
$155/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.
18
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 39, and the current sales price.
6%

Project Details

Project Name: Maestro 39
Construction: Completed (Jan 2015)
Floors: 8
Buildings: N/A
Units: 107
Project Area: 17,394 Sqft
Nearest Landmark Phrom Phong BTS - 1.1 Km
Location: Khlong Tan Nuea, Bangkok
Maestro 39 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Yoga Area Yoga Area
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area
Key card access Key card access

Available Units at Maestro 39

For Sale 12 For Rent 20
Get notified when new homes are being added to Maestro 39
View All (12)

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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 39.
The common area maintenance fee is $2 per square meter based on the size of indoor area of the property and is $155 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 39 the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
Phrom Phong BTS is the nearest BTS Station from Maestro 39 and it is 1.1 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 39 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

3.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
it's quick and easy transportation
Tony Cary, Mexico, 6 years ago
This project has many advantages, especially in the location, because it is accessible to both Sukhumvit Road and Petchaburi Road. No matter which way you travel, it's quick and easy. It is also a place surrounded by restaurants and convenience stores. Not far from the Emporium and The EmQuartier.The building is only 8 stories high, so there are not many residents. Relatively peaceful and private. Common areas are considered complete for low rise condos. It provides excellent convenience, including all common areas on the very convenient rooftop. The staff is helpful. I think that it is worth the price paid and suitable for who is looking for a tranquil condo. Recommend here!!
Bangkok
Khlong Tan Nuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Maestro 39

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
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
323
Sales Prices
$93.24K - $367.43K
▲ 10.8% overpriced
Monthly Rentals
$437 - $1.75K
Year Built
Jun 2022
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
276
Sales Prices
$78.67K - $250.59K
Monthly Rentals
$379
Year Built
Oct 2024
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
87
Sales Prices
$163.17K - $524.48K
▼ -9.8% underpriced
Monthly Rentals
$787 - $2.27K
Year Built
Dec 2013
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
23
Sales Prices
$728.45K - $757.59K
▲ 25.5% overpriced
Monthly Rentals
$1.89K - $3.93K
Year Built
Dec 2005
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
14
Sales Prices
$582.76K
Monthly Rentals
$1.69K
Year Built
Jan 2005
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
70
Sales Prices
$122.38K - $291.38K
Monthly Rentals
$495 - $1.31K
Year Built
Nov 2018
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
194
Sales Prices
$378.79K - $1.6M
▲ 8% overpriced
Monthly Rentals
$787 - $2.19K
Year Built
Dec 1995
Completion Status
Completed
Project Name
Rin House
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
62
Sales Prices
$109.27K - $203.97K
▼ -40% underpriced
Monthly Rentals
$524 - $1.14K
Year Built
Dec 1996
Completion Status
Completed
Project Name
Yada Residential
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
97
Sales Prices
$134.03K - $349.66K
Monthly Rentals
$466 - $1.89K
Year Built
Jan 1986
Completion Status
Completed
Location
Khlong Tan Nuea, Watthana, Bangkok
Number of units
73
Sales Prices
$1.02M
▼ -16% underpriced
Monthly Rentals
$1.46K - $2.62K
Year Built
Dec 1995
Completion Status
Completed
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