The Ritz-Carlton Residences At MahaNakhon

4.7 (7 Reviews)

Si Lom, Bang Rak,Bangkok

Unit ID: U645382
2% Rental Yield
฿105,000,000
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
205 SqM Size
Floors
33 Floor
Construction
Dec 2016 Completed

3 Bedroom Condo for sale at The Ritz-Carlton Residences At MahaNakhon

This property is a 205 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Ritz-Carlton Residences At MahaNakhon project in Si Lom, Bangkok and was completed in Dec 2016. You can buy this condo for a base price of ฿105,000,000 (฿512,195/SqM) and it is also available for long term rentals starting from ฿160,000 per month.

Features

BalconyBalcony BathtubBathtub OvenOven

Basic Information

Property Type Condo
Floor 33
Bedrooms 3
Size 205 SqM
Price per SqM ฿512,195
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
Furniture
Unfurnished
View(s) City View
Unit Type N/A
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿170/mo
Listed By
Private Owner
Date Listed Feb 15, 2021
Last Updated 7 months ago
Unit ID U645382

Investment Opportunity: Charges & Yield

Sale Price
฿105,000,000
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿170/mo
Rent
฿160,000/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.
55

Project Details

Developer: PACE Development
Construction: Completed (Dec 2016)
Floors: 77
Buildings: 1
Units: 200
Project Area: 14,999 SqM
Nearest Landmark Chong Nonsi BTS - 0.5 Km
Location: Si Lom, Bang Rak, Bangkok
The Ritz-Carlton Residences At MahaNakhon Project Details

Project Features

On Site Restaurant On Site Restaurant
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

Popular Facilities at The Ritz-Carlton Residences At MahaNakhon

  • Communal Pool
    7th Floor
  • Communal Gym
    7th Floor
  • Lounge
    54th Floor
  • Library / Reading Room
    54th Floor
  • Mini Theater
    7th Floor
  • Pool / Snooker Table
    54th Floor

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿500,000
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

Frequently asked questions

All kind of pets are allowed at The Ritz-Carlton Residences At MahaNakhon including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee for properties at The Ritz-Carlton Residences At MahaNakhon is a fixed amount of ฿170. This amount 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 The Ritz-Carlton Residences At MahaNakhon the required payment for the sinking fund is a fixed amount of ฿1,200.
Chong Nonsi BTS is the nearest BTS from The Ritz-Carlton Residences At MahaNakhon 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 The Ritz-Carlton Residences At MahaNakhon you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿500,000
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

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

4.7 out of 5 4.7
Based on
7 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A Landmark Residence + Giant Soup Bowl Bathtub!
4.8 Verified Visitor, 11 months ago
If you're looking to live like a king, this place is definitely for you. Not only is it located in an accessible location, it's also located within the iconic Mahanakhon building. The units are grander than you can imagine with spectacular views of the city. My favourite room in the unit must be the bathroom with marble walls and floorings-- not to mention the giant soup bowl bathtub right in the centre!
Worldwide known residential building
5 Visitor, 11 months ago
Ritz Carlton is not only the most impressive tower in Bangkok, its also one of the best luxury investment projects in town with high occupancy rate. The quality of the units there is amazing, from roof to floor. hight ceiling, perfect lighting, big windows everywhere, incredible marble bathrooms, open over view on the city or the river.
Luxury & worth the price
4.5 Cassaundra Amendola, Singapore, 1 year ago
It is a World Class luxury room, which I am very impressed that I have chosen to buy a room in a condo. Many things meet the needs of living in the city as well. The project's common area is beautifully designed and has many facilities such as the swimming pool, a fitness room, a yoga center, and a theater room. There is also a lounge on the 54th floor that impressed me the most as it provides privacy to the residents. It also offers a 360-degree Bangkok city view. For the parking lot, we can park 2 cars privately, which is ok and very convenient for people with their cars. This place is ok with me, and not disappointed at all to buy a room in this condo.
High-end project
5 Jeremy Yeats, United Kingdom, 1 year ago
Just seeing from the building's exterior, I'm not surprised how attractive the interior is. The tall building is outstanding in the prime area of a business district of Bangkok. Conveniently located near Chong Nonsi BTS, and next to Mahanakhon CUBE shopping mall. The Ritz-Carlton Residences is a luxury project that many people could dream of that serves all residents' convenience. They can enjoy a city-view swimming pool, a gym, a library, and a lounge. The room, decorated with furniture from leading brands, is spacious, clean, and safe. It seems like the project has already targeted the clients' group as it's quite pricey. If I have a chance, I will definitely get it.
It is located in the business center.
4.7 Sharanya H., India, 1 year ago
The condo is excellent; it is located in the business center, near Chong Nonsi BTS, Lumpini Park, Chulalongkorn Hospital, and many shopping centers. The condo design is outstanding and very high. The interior is elegantly decorated. Excellent facilities include a movie theater, lounge, fitness room, swimming pool, and more. The rooms are different from 2 to 5 bedrooms, fully furnished. The price is very attractive. I really like it.
Definitely worth the investment
4 Marjorie Billy, Australia, 2 years ago
Modern condo with complete facilities. Plus, the staff are friendly, helpful, and professional. If anyone is looking for a condo to invest in, I recommend investing here because it is very close to Chong Nonsi BTS, Siam Paragon, and Central World, just a few minutes. The atmosphere is also nice. If you buy to live or rent it out, it is very worthwhile. Also, it is surrounded by shops, convenience stores, and other places like Pratunam Market.
Expensive, but absolutely beautiful and gorgeous
5 Justin Lipman, Germany, 2 years ago
The building design is beautiful and elegant. It is called the most luxurious and extravagant project in Thailand. I think it's expensive, but when compared with high-class quality, it's super worth it. It is a 5-star hotel service conveniently located and easily accessible. The facilities are complete, including a movie theater, a gym, the sky pool, and the sky lounge. It is suitable for both investing and living.

Bangkok

Si Lom

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Location and Neighborhood

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