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    2 Bedroom Condo for sale at Magnolias Ratchadamri Boulevard
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    $636,000
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    2 Bedroom Condo for sale at Magnolias Ratchadamri Boulevard
    (1 Review)
    Unit ID: U1167204
    5% Rental Yield
    Lumphini, Pathum Wan,Bangkok
    $636,000
    2 Bedrooms
    2
    Bathrooms
    964 Sqft
    Size
    31
    Floor
    Dec 2015
    Completed
    10
    Sale Price
    $636,000

    About This Condo

    This property is a 964 Sqft condo with 2 bedrooms and 2 bathrooms 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 $636,000 ($659/Sqft).

    Features

    BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub OvenOven

    Basic Information

    Date Listed Oct 27, 2022
    Updated 2 years ago
    Property Type Condo
    Floor 31
    Bedrooms 2
    Size 964 Sqft
    Price per Sqft $659
    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
    Unfurnished
    View(s) City View, Unblocked Open 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.
    $233/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1167204

    Investment Opportunity: Charges & Yield

    Sale Price
    $636,000
    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.
    $233/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.
    20
    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 Magnolias Ratchadamri Boulevard, and the current sales price.
    5%

    Project Details

    Project Name: Magnolias Ratchadamri Boulevard
    Developer: Magnolia Quality Development Corporation Limited
    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

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • 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 20 For Rent 29
    • All
    • 1 Bed
    • 2 Beds
    • 4 Beds
    Available Units at Magnolias Ratchadamri Boulevard
    $289,000
    $462/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
    $361,000
    $374/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 964 Sqft Size
    Floor 32 Floor
    Unfurnished City View
    Available Units at Magnolias Ratchadamri Boulevard
    $361,000
    $381/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 947 Sqft Size
    Floor 43 Floor
    Unfurnished 360° View
    Available Units at Magnolias Ratchadamri Boulevard
    $361,000
    $386/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 935 Sqft Size
    Floor 39 Floor
    Unfurnished Skyline View
    Updated 2 months ago
    Available Units at Magnolias Ratchadamri Boulevard
    $347,000$376,000
    $644/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
    $318,000
    $509/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 624 Sqft Size
    Floor 20 Floor
    Thai Quota Fully Furnished City View
    Available Units at Magnolias Ratchadamri Boulevard
    $592,000
    $631/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
    $650,000
    $728/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 893 Sqft Size
    Floor 45 Floor
    Available Units at Magnolias Ratchadamri Boulevard
    $2,310,000
    $669/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
    $751,000
    $851/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 883 Sqft Size
    Floor 42 Floor
    Fully Furnished City View
    Available Units at Magnolias Ratchadamri Boulevard
    $578,000
    $679/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 850 Sqft Size
    Floor 49 Floor
    Leasehold Unfurnished City View
    Available Units at Magnolias Ratchadamri Boulevard
    $722,000
    $645/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
    $390,000
    $632/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
    $604,000
    $685/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
    $737,000
    $786/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 937 Sqft Size
    Floor 37 Floor
    Available Units at Magnolias Ratchadamri Boulevard
    $636,000
    $659/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
    $722,000
    $745/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
    $636,000
    $720/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
    $722,000
    $818/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 883 Sqft Size
    Floor 42 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Magnolias Ratchadamri Boulevard
    $803,000
    $839/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 958 Sqft Size
    Floor 32 Floor
    Thai Quota Fully Furnished City View
    Get notified when new homes are being added to Magnolias Ratchadamri Boulevard
    View All (20)

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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 $233 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

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