Unit ID: U1953322
5% Rental Yield
Lumphini, Pathum Wan,Bangkok
$609,000
2Bedrooms
2
Bathrooms
939 Sqft
Size
35
Floor
Dec 2015
Completed

About This Condo

This property is a 939 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 $609,000 ($649/Sqft).

๊Unfurnised 2BR @Magnolia Ratchadamri Boulevard for SELL

Magnolia Ratchadamri Boulevard ( LEASEHOLD ) Location : Ratchadamri Rd ( BTS Ratchadamri ) Type : 2 bedroom 2 bathroom UNFURNISHED ( 1 parking lot fixed) Floor : 35 Size : 87.23 sq.m. Price : 20,500,000 Baht

Basic Information

Date ListedOct 21, 2024
Updated3 months ago
Property TypeCondo
Floor35
Bedrooms2
Size939 Sqft
Price per Sqft$649
PetsNot 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)Golf Course View, Park View, City View, Unblocked Open View
Unit TypeN/A
BuildingMagnolias 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.
$233/mo
Listed By
Private Owner
Electricity PriceN/A
Water PriceN/A
Unit IDU1953322
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Investment Opportunity: Charges & Yield

Sale Price
$609,000
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.
21
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

Construction:Completed (Dec 2015)
Floors:60
Buildings:1
Units:316
Project Area:114,959 Sqft
Nearest LandmarkRatchadamri 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
+1
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Available Units at Magnolias Ratchadamri Boulevard

For Sale 21For Rent 33
$296,733
$2,376,242
Available Units at Magnolias Ratchadamri Boulevard
$301,000
$483/Sqft
Beds1 Beds
Baths1 Baths
Size624 SqftSize
Floor23 Floor
Fully FurnishedSkyline View
Updated 2 months ago
Available Units at Magnolias Ratchadamri Boulevard
$505,000
$540/Sqft
Beds2 Beds
Baths2 Baths
Size935 SqftSize
Floor39 Floor
UnfurnishedSkyline View
Updated 2 months ago
Available Units at Magnolias Ratchadamri Boulevard
$505,000
$533/Sqft
Beds2 Beds
Baths2 Baths
Size947 SqftSize
Floor43 Floor
Unfurnished360° View
Updated 2 months ago
Available Units at Magnolias Ratchadamri Boulevard
$505,000
$524/Sqft
Beds2 Beds
Baths2 Baths
Size964 SqftSize
Floor32 Floor
UnfurnishedCity View
Updated 2 months ago
Available Units at Magnolias Ratchadamri Boulevard
$356,000$386,000
$662/Sqft
Beds1 Beds
Baths1 Baths
Size538 SqftSize
Floor20 Floor
Foreign QuotaFully FurnishedGolf Course View
Available Units at Magnolias Ratchadamri Boulevard
$668,000
$748/Sqft
Beds2 Beds
Baths2 Baths
Size893 SqftSize
Floor45 Floor
Available Units at Magnolias Ratchadamri Boulevard
$297,000
$475/Sqft
Beds1 Beds
Baths1 Baths
Size624 SqftSize
Floor23 Floor
Thai QuotaFully FurnishedPark View
Available Units at Magnolias Ratchadamri Boulevard
$327,000
$523/Sqft
Beds1 Beds
Baths1 Baths
Size624 SqftSize
Floor20 Floor
Thai QuotaFully FurnishedCity View
Available Units at Magnolias Ratchadamri Boulevard
$609,000
$649/Sqft
Beds2 Beds
Baths2 Baths
Size939 SqftSize
Floor35 Floor
LeaseholdUnfurnishedGolf Course View
Updated 2 months ago
Available Units at Magnolias Ratchadamri Boulevard
$2,380,000
$688/Sqft
Beds4 Beds
Baths4 Baths
Size3,455 SqftSize
Floor50 Floor
Thai QuotaFully FurnishedCity View
Available Units at Magnolias Ratchadamri Boulevard
$594,000
$699/Sqft
Beds2 Beds
Baths2 Baths
Size850 SqftSize
Floor49 Floor
LeaseholdUnfurnishedCity View
Available Units at Magnolias Ratchadamri Boulevard
$743,000
$663/Sqft
Beds2 Beds
Baths2 Baths
Size1,119 SqftSize
Floor34 Floor
LeaseholdFully FurnishedGolf Course View
Available Units at Magnolias Ratchadamri Boulevard
$401,000
$650/Sqft
Beds1 Beds
Baths1 Baths
Size617 SqftSize
Floor29 Floor
LeaseholdFully FurnishedPark View
Available Units at Magnolias Ratchadamri Boulevard
$621,000
$704/Sqft
Beds2 Beds
Baths2 Baths
Size882 SqftSize
Floor25 Floor
LeaseholdFully FurnishedCity View
Available Units at Magnolias Ratchadamri Boulevard
$757,000
$808/Sqft
Beds2 Beds
Baths2 Baths
Size937 SqftSize
Floor37 Floor
Available Units at Magnolias Ratchadamri Boulevard
$653,000
$678/Sqft
Beds2 Beds
Baths2 Baths
Size964 SqftSize
Floor31 Floor
Foreign QuotaUnfurnishedCity View
Available Units at Magnolias Ratchadamri Boulevard
$743,000
$767/Sqft
Beds2 Beds
Baths2 Baths
Size969 SqftSize
Floor37 Floor
LeaseholdPartly FurnishedCity View
Available Units at Magnolias Ratchadamri Boulevard
$772,000
$875/Sqft
Beds2 Beds
Baths2 Baths
Size883 SqftSize
Floor42 Floor
Fully FurnishedCity View
Available Units at Magnolias Ratchadamri Boulevard
$653,000
$740/Sqft
Beds2 Beds
Baths2 Baths
Size883 SqftSize
Floor23 Floor
Foreign QuotaFully FurnishedCity View
Available Units at Magnolias Ratchadamri Boulevard
$826,000
$862/Sqft
Beds2 Beds
Baths2 Baths
Size958 SqftSize
Floor32 Floor
Thai QuotaFully FurnishedCity View
Available Units at Magnolias Ratchadamri Boulevard
$743,000
$841/Sqft
Beds2 Beds
Baths2 Baths
Size883 SqftSize
Floor42 Floor
Foreign QuotaFully FurnishedCity View
Get notified when new homes are being added to Magnolias Ratchadamri Boulevard
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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!!Show More
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
$326.46K - $379.88K
▼ -49%underpriced
Monthly Rentals
$1.34K - $4.45K
Year Built
Dec 2007
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
380
Sales Prices
$133.55K - $163.23K
▲ 8.3%overpriced
Monthly Rentals
$594 - $3.56K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Hansar Rajdamri
Location
Lumphini, Pathum Wan, Bangkok
Number of units
196
Sales Prices
$203.51K - $445.17K
▼ -17%underpriced
Monthly Rentals
$1.28K - $7.42K
Year Built
Dec 2008
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
53
Sales Prices
$13.36M
Monthly Rentals
$9.5K - $29.68K
Year Built
Jan 2010
Completion Status
Completed
Project Name
The Grand Regent
Location
Lumphini, Pathum Wan, Bangkok
Number of units
300
Sales Prices
$23.74K - $39.17K
Monthly Rentals
$445 - $979
Year Built
Jan 1998
Completion Status
Completed
Project Name
Langsuan Ville
Location
Lumphini, Pathum Wan, Bangkok
Number of units
262
Sales Prices
$486.72K - $991.24K
▼ -10.5%underpriced
Monthly Rentals
$1.04K - $3.56K
Year Built
Dec 2001
Completion Status
Completed
Project Name
The Rajdamri
Location
Pathum Wan, Pathum Wan, Bangkok
Number of units
278
Sales Prices
$83.1K - $421.43K
▼ -13.9%underpriced
Monthly Rentals
$594 - $5.94K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Scope Lang Suan
Location
Lumphini, Pathum Wan, Bangkok
Number of units
134
Sales Prices
$1.04M - $18.4M
Monthly Rentals
$4.45K - $14.84K
Year Built
May 2023
Completion Status
Completed
Project Name
Baan Na Varang
Location
Lumphini, Pathum Wan, Bangkok
Number of units
95
Sales Prices
$875.5K
Monthly Rentals
$742 - $2.23K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Baan Somthavil
Location
Lumphini, Pathum Wan, Bangkok
Number of units
113
Sales Prices
$94.97K
▼ -50%underpriced
Monthly Rentals
$623 - $2.97K
Year Built
Dec 1996
Completion Status
Completed
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