1 Bedroom Condo for sale at Maestro 03 Ratchada-Rama 9

4 (1 Review)
Din Daeng, Din Daeng,Bangkok
Unit ID: U475856
4% Rental Yield
฿4,459,700 Great Price
1 Bedroom
1 Bathroom
32.98 SqM Size
5 Floor
May 2018 Completed

About This Condo

This property is a 32.98 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Maestro 03 Ratchada-Rama 9 project in Din Daeng, Bangkok and was completed in May 2018. You can buy this condo for a base price of ฿4,459,700 (฿135,224/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 5
Bedroom 1
Size 32.98 SqM
Price per SqM ฿135,224
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%.

Foreign Quota, Thai Quota, Company
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) City View
Unit Type BA - 1BR
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.
฿2,144/mo
Listed By
Developer
Date Listed Apr 21, 2020
Last Updated 2 years ago
Unit ID U475856

Price Analysis

Great Price
Estimated market value ฿5,677,017
Great
฿5,620,000
Good
Fair
Above
฿5,780,000
Current asking Price: ฿4,459,700 | Rental estimate: ฿16,700/mo
This condo is ฿1,217,317 BELOW MARKET (-21%) 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
฿4,459,700
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.
฿2,144/mo
Est. Rent
฿16,700/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.
22
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 1 bedroom condos at Maestro 03 Ratchada-Rama 9, and the current sales price.
4%

Project Details

Construction: Completed (May 2018)
Floors: 8
Buildings: N/A
Units: 335
Project Area: N/A
Nearest Landmark Phra Ram 9 MRT - 1.1 Km
Location: Din Daeng, Din Daeng, Bangkok
Maestro 03 Ratchada-Rama 9 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Available Units at Maestro 03 Ratchada-Rama 9

For Sale 13 For Rent 4
Favorite
Compare
Available Units at Maestro 03 Ratchada-Rama 9
฿155,091
Great Price
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at Maestro 03 Ratchada-Rama 9
฿151,929
Good Price
Beds 1 Beds
Baths 1 Baths
Size 33.57 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at Maestro 03 Ratchada-Rama 9
฿144,828
Good Price
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available: Jul 1, 2023 Available Units at Maestro 03 Ratchada-Rama 9
-
Beds 2 Beds
Baths 2 Baths
Size 66 SqM Size
Floor 8 Floor
Fully Furnished Pool View
Favorite
Compare
Available: Jun 27, 2023 Available Units at Maestro 03 Ratchada-Rama 9
฿142,424
Beds 2 Beds
Baths 2 Baths
Size 66 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Pool View
Favorite
Compare
Available Units at Maestro 03 Ratchada-Rama 9
฿148,276
Good Price
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at Maestro 03 Ratchada-Rama 9
฿135,224
Great Price
Beds 1 Beds
Baths 1 Baths
Size 32.98 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at Maestro 03 Ratchada-Rama 9
฿150,688
Great Price
Beds 1 Beds
Baths 1 Baths
Size 29.42 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available: Jul 31, 2023 Available Units at Maestro 03 Ratchada-Rama 9
-
Beds 1 Beds
Baths 1 Baths
Size 30 SqM Size
Floor 8 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Maestro 03 Ratchada-Rama 9
฿118,145
Great Price
Beds 1 Beds
Baths 1 Baths
Size 29.54 SqM Size
Floor 4 Floor
Thai Quota
Favorite
Compare
Available Units at Maestro 03 Ratchada-Rama 9
฿154,894
Beds 2 Beds
Baths 1 Baths
Size 66.10 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Pool View
Favorite
Compare
Available Units at Maestro 03 Ratchada-Rama 9
฿152,818
Great Price
Beds 1 Beds
Baths 1 Baths
Size 29.01 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at Maestro 03 Ratchada-Rama 9
฿155,103
Great Price
Beds 1 Beds
Baths 1 Baths
Size 29.02 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at Maestro 03 Ratchada-Rama 9
฿152,831
Great Price
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at Maestro 03 Ratchada-Rama 9
฿151,690
Great Price
Beds 1 Beds
Baths 1 Baths
Size 29 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Maestro 03 Ratchada-Rama 9

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 03 Ratchada-Rama 9.
The common area maintenance fee is ฿65 per square meter based on the size of indoor area of the property and is ฿2,144 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 03 Ratchada-Rama 9 the required payment for the sinking fund is ฿650 per square meter based on the size of the indoor area of the property.
Phra Ram 9 MRT is the nearest MRT Station from Maestro 03 Ratchada-Rama 9 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 03 Ratchada-Rama 9 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

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

Do you own a property at Maestro 03 Ratchada-Rama 9?

Find out how much your property is worth and start your listing for free.

Reviews

4 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The new condo in the city center is convenient to travel.
4 Thiago D., Mexico, 2 years ago
I rented a 1-bedroom unit, which is spacious enough for living for 1-2 people. The living area is well-proportioned with maximum practical use, and the room also comes with complete furniture. There are complete facilities in the common area, like a fitness center, swimming pool, and reliable security system. Plus, the condo is close to Phra Ram 9 MRT, CentralPlaza Grand Rama 9, flea markets, and many more. I would say that this condo is perfect! For those who look for a condo, this place is highly recommended!
Bangkok
Din Daeng

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Maestro 03 Ratchada-Rama 9

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
Din Daeng, Din Daeng, Bangkok
Number of units
154
Sales Prices
฿2.76M - ฿4.31M
▼ -7.3% underpriced
Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
Completed
Project Name
Ivy Ampio
Location
Din Daeng, Din Daeng, Bangkok
Number of units
289
Sales Prices
฿5.19M - ฿35M
▲ 7.7% overpriced
Monthly Rentals
฿18K - ฿120K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Amanta Ratchada
Location
Din Daeng, Din Daeng, Bangkok
Number of units
344
Sales Prices
฿8.88M
▼ -13.5% underpriced
Monthly Rentals
฿29.9K - ฿83.8K
Year Built
Dec 2005
Completion Status
Completed
Location
Din Daeng, Din Daeng, Bangkok
Number of units
755
Sales Prices
฿3.64M - ฿9.98M
▲ 4% overpriced
Monthly Rentals
฿13K - ฿34.9K
Year Built
Aug 2018
Completion Status
Completed
Project Name
Siam Condominium
Location
Din Daeng, Din Daeng, Bangkok
Number of units
218
Sales Prices
฿5.99M
▼ -36% underpriced
Monthly Rentals
฿21.9K
Year Built
Jan 1985
Completion Status
Completed
Project Name
Kes Ratchada
Location
Din Daeng, Din Daeng, Bangkok
Number of units
70
Sales Prices
฿3.89M
Monthly Rentals
N/A
Year Built
Jan 2015
Completion Status
Completed
Location
Din Daeng, Din Daeng, Bangkok
Number of units
802
Sales Prices
฿3.19M - ฿10.4M
▲ 5.4% overpriced
Monthly Rentals
฿12K - ฿39.9K
Year Built
Dec 2015
Completion Status
Completed
Location
Din Daeng, Din Daeng, Bangkok
Number of units
1025
Sales Prices
฿3.91M - ฿5.98M
▼ -1.9% underpriced
Monthly Rentals
฿12K - ฿15K
Year Built
Aug 2020
Completion Status
Completed
Location
Din Daeng, Din Daeng, Bangkok
Number of units
1991
Sales Prices
฿4.89M - ฿44.9M
▲ 1.2% overpriced
Monthly Rentals
฿20K - ฿150K
Year Built
Dec 2015
Completion Status
Completed
Location
Din Daeng, Din Daeng, Bangkok
Number of units
473
Sales Prices
฿4.24M - ฿11.8M
▲ 10.6% overpriced
Monthly Rentals
฿12K - ฿34.9K
Year Built
Dec 2019
Completion Status
Completed
Back to top