Unit ID: U30979
4% Rental Yield
Thanon Phet Buri, Ratchathewi,Bangkok
฿12,500,000 Great Price
2 Bedrooms
2
Bathrooms
62.20 SqM
Size
Ground Floor
Floor
Dec 2015
Completed

About This Condo

This property is a 62.20 SqM 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 ฿12,500,000 (฿200,965/SqM).

Basic Information

Date Listed Aug 9, 2017
Updated 11 months ago
Property Type Condo
Floor Ground Floor
Bedrooms 2
Size 62.20 SqM
Price per SqM ฿200,965
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.
฿3,110/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U30979

Investment Opportunity: Charges & Yield

Sale Price
฿12,500,000
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.
฿3,110/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
Construction: Completed (Dec 2015)
Floors: 8
Buildings: 1
Units: 115
Project Area: 1,420 SqM
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

  • Communal Garden Area
    Rooftop
  • Communal Pool
    Rooftop
  • Communal Gym
    Rooftop

Available Units at Maestro 12

For Sale 4 For Rent 4
Get notified when new homes are being added to Maestro 12
View All (4)

Loan Calculator

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

Location and Neighborhood

Street View

Projects Nearby Maestro 12

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
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
264
Sales Prices
฿9.89M - ฿23.6M
Monthly Rentals
฿37K - ฿70K
Year Built
Dec 2022
Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
306
Sales Prices
฿4.65M - ฿5.9M
Monthly Rentals
฿15K - ฿20K
Year Built
Jan 2014
Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
294
Sales Prices
฿9.8M - ฿130M
▼ -31% underpriced
Monthly Rentals
฿34K - ฿100K
Year Built
Dec 2023
Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
575
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฿4.7M - ฿15M
▼ -47% underpriced
Monthly Rentals
฿16K - ฿42K
Year Built
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Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
880
Sales Prices
฿7.45M - ฿20.2M
▲ 3% overpriced
Monthly Rentals
฿31K - ฿80K
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Dec 2022
Completion Status
Completed
Project Name
Pyne by Sansiri
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
298
Sales Prices
฿8.5M - ฿47M
▼ -3.5% underpriced
Monthly Rentals
฿26K - ฿65K
Year Built
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Completion Status
Completed
Project Name
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Location
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Number of units
284
Sales Prices
฿2.79M - ฿8.34M
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Monthly Rentals
฿12K - ฿25K
Year Built
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Completion Status
Completed
Location
Thanon Phet Buri, Ratchathewi, Bangkok
Number of units
179
Sales Prices
฿3.94M - ฿6.58M
▲ 1.2% overpriced
Monthly Rentals
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Completion Status
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Project Name
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Location
Thung Phaya Thai, Ratchathewi, Bangkok
Number of units
383
Sales Prices
฿8.39M - ฿30M
Monthly Rentals
N/A
Year Built
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Completion Status
Off Plan
Project Name
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Location
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Number of units
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Monthly Rentals
฿25K - ฿55K
Year Built
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Completion Status
Completed
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