2 Bedroom Condo for sale at Maestro 01 Sathorn-Yenakat

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Thung Mahamek, Sathon,Bangkok
Unit ID: U470966
4% Rental Yield
฿8,200,000 ฿12,441,114 Great Price
2 Bedrooms
2 Bathrooms
68.04 SqM Size
2 Floor
Apr 2018 Completed

About This Condo

This property is a 68.04 SqM condo with 2 bedrooms and 2 bathrooms 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 ฿8,200,000 (฿120,517/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedrooms 2
Size 68.04 SqM
Price per SqM ฿120,517
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 B2 - 2BR
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.
฿4,423/mo
Listed By
N/A
Date Listed Apr 8, 2020
Last Updated 2 weeks ago
Unit ID U470966

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿13,324,626
Great
฿13,800,000
Good
Fair
Above
฿14,000,000
Current asking Price: ฿8,200,000 | Rental estimate: ฿25,700/mo
This condo is ฿5,124,626 BELOW MARKET (-38%) 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
฿8,200,000
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.
฿4,423/mo
Est. Rent
฿25,700/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.
27
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 01 Sathorn-Yenakat, 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 11 For Rent 4
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Available Units at Maestro 01 Sathorn-Yenakat
฿253,623
Beds 3 Beds
Baths 3 Baths
Size 138 SqM Size
Floor 7 Floor
Favorite
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Available: Jun 1, 2023 Available Units at Maestro 01 Sathorn-Yenakat
฿147,059
Great Price
Beds 1 Beds
Baths 1 Baths
Size 51 SqM Size
Floor 6 Floor
Thai Quota Partly Furnished Pool View
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Available Units at Maestro 01 Sathorn-Yenakat
-
Beds 2 Beds
Baths 2 Baths
Size 68 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished City View
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Available Units at Maestro 01 Sathorn-Yenakat
฿182,353
Beds 2 Beds
Baths 0 Baths
Size 68 SqM Size
Floor 2 Floor
Favorite
Compare
Available Units at Maestro 01 Sathorn-Yenakat
-
Beds 2 Beds
Baths 2 Baths
Size 68 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available: Feb 1, 2023 Available Units at Maestro 01 Sathorn-Yenakat
-
Beds 2 Beds
Baths 2 Baths
Size 70 SqM Size
Floor 3 Floor
Fully Furnished City View
Favorite
Compare
Available Units at Maestro 01 Sathorn-Yenakat
฿182,353
Beds 2 Beds
Baths 2 Baths
Size 68 SqM Size
Floor 2 Floor
Favorite
Compare
Available Units at Maestro 01 Sathorn-Yenakat
฿182,850
Beds 3 Beds
Baths 3 Baths
Size 135.04 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Favorite
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Available Units at Maestro 01 Sathorn-Yenakat
฿182,850
Great Price
Beds 2 Beds
Baths 2 Baths
Size 67.76 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at Maestro 01 Sathorn-Yenakat
฿120,517
Great Price
Beds 2 Beds
Baths 2 Baths
Size 68.04 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at Maestro 01 Sathorn-Yenakat
฿182,850
Great Price
Beds 2 Beds
Baths 2 Baths
Size 68.90 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished Pool View
Favorite
Compare
Available Units at Maestro 01 Sathorn-Yenakat
฿180,276
Great Price
Beds 2 Beds
Baths 2 Baths
Size 68.90 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Pool View
Favorite
Compare
Available Units at Maestro 01 Sathorn-Yenakat
฿182,850
Great Price
Beds 2 Beds
Baths 2 Baths
Size 68.38 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Favorite
Compare
Available Units at Maestro 01 Sathorn-Yenakat
฿182,850
Great Price
Beds 2 Beds
Baths 2 Baths
Size 69.13 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Pool View
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 ฿4,423 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 Station 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

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Maestro 01 Sathorn-Yenakat

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
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Number of units
169
Sales Prices
฿4.28M - ฿8.57M
▼ -20% underpriced
Monthly Rentals
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Location
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Number of units
169
Sales Prices
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Monthly Rentals
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Completion Status
Completed
Location
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Number of units
345
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Year Built
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Completion Status
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Location
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Number of units
77
Sales Prices
฿4.19M - ฿6.48M
Monthly Rentals
฿19.9K - ฿24.9K
Year Built
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Completion Status
Completed
Location
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Number of units
70
Sales Prices
฿5.48M - ฿7.48M
▼ -5.4% underpriced
Monthly Rentals
฿19.4K - ฿27.9K
Year Built
Dec 2005
Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
78
Sales Prices
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▲ 3.2% overpriced
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Project Name
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Location
Thung Mahamek, Sathon, Bangkok
Number of units
18
Sales Prices
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Year Built
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Completion Status
Completed
Project Name
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Location
Thung Mahamek, Sathon, Bangkok
Number of units
50
Sales Prices
฿8.47M - ฿28.8M
Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
Thung Mahamek, Sathon, Bangkok
Number of units
111
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Completion Status
Completed
Location
Thung Mahamek, Sathon, Bangkok
Number of units
112
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Monthly Rentals
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Year Built
Jan 1996
Completion Status
Completed
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