Maestro 01 Sathorn-Yenakat

0  (Write Review)

Thung Mahamek, Sathon,Bangkok

Unit ID: U1023808
4% Rental Yield
฿7,800,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
51 SqM Size
Floors
6 Floor
Construction
Apr 2018 Completed

1 Bedroom Condo for sale at Maestro 01 Sathorn-Yenakat

This property is a 51 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Maestro 01 Sathorn-Yenakat project in Thung Mahamek, Bangkok and was completed in Apr 2018. You can buy this condo for a base price of ฿7,800,000 (฿152,941/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

Features

BalconyBalcony BathtubBathtub TVTV

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 51 SqM
Price per SqM ฿152,941
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Thai Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Pool 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.
฿3,315/mo
Listed By
Private Owner
Date Listed Aug 24, 2021
Last Updated 1 month ago
Unit ID U1023808

Price Analysis

Great Price
Estimated market value ฿12,734,045
Great
฿12,400,000
Good
Fair
Above
฿13,500,000
Current asking Price: ฿7,800,000 | Advertised rental rate: ฿25,000/mo
This condo is ฿4,934,045 BELOW MARKET (-39%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿7,800,000
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.
฿3,315/mo
Rent
฿25,000/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.
26
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Construction: Completed (Apr 2018)
Floors: 8
Buildings: 1
Units: 88
Project Area: 1,592 SqM
Nearest Landmark Khlong Toei MRT - 0.8 Km
Location: Thung Mahamek, Sathon, Bangkok
Maestro 01 Sathorn-Yenakat Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Lounge Lounge
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 01 Sathorn-Yenakat

  • Communal Pool
    2nd Floor
  • Communal Gym
    Rooftop
  • Communal Garden Area
    Rooftop
  • Lounge
    Rooftop

Available Units at Maestro 01 Sathorn-Yenakat

For Sale 8 For Rent 1
Get notified when new homes are being added to Maestro 01 Sathorn-Yenakat

Loan Calculator

Payment Plan

For 1 Bedroom & 2 Bedrooms
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
5%
2nd Installment
On handover
95%
For 3 Bedrooms
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
5%
2nd Installment
On handover
95%

Frequently asked questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Maestro 01 Sathorn-Yenakat.
The common area maintenance fee is ฿65 per square meter based on the size of indoor area of the property and is ฿3,315 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 01 Sathorn-Yenakat the required payment for the sinking fund is ฿650 per square meter based on the size of the indoor area of the property.
Khlong Toei MRT is the nearest MRT from Maestro 01 Sathorn-Yenakat and it is 0.8 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 01 Sathorn-Yenakat you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


For 1 Bedroom & 2 Bedrooms
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
5%
2nd Installment
On handover
95%
For 3 Bedrooms
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
5%
2nd Installment
On handover
95%

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

Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

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Bangkok

Thung Mahamek

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