Studio Condo for sale at Maestro 07 Victory Monument

5 (1 Review)
Thanon Phaya Thai, Ratchathewi,Bangkok
Unit ID: U1030362
฿4,650,000
Studio Bedroom
1 Bathroom
27 SqM Size
1 Floor
Apr 2018 Completed

About This Condo

This property is a 27 SqM studio condo with 1 bathroom that is available for sale. It is part of the Maestro 07 Victory Monument project in Thanon Phaya Thai, Bangkok and was completed in Apr 2018. You can buy this condo for a base price of ฿4,650,000 (฿172,222/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 1
Bedroom Studio
Size 27 SqM
Price per SqM ฿172,222
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) City 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.
฿1,755/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Sep 14, 2021
Last Updated 10 months ago
Unit ID U1030362

Price Analysis

Above Average
Estimated market value ฿3,998,060
Great
฿2,800,000
Good
Fair
Above
฿5,630,000
Current asking Price: ฿4,650,000
This condo is ฿651,940 ABOVE MARKET (16%) 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
฿4,650,000
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.
฿1,755/mo

Project Details

Construction: Completed (Apr 2018)
Floors: 8
Buildings: N/A
Units: 171
Project Area: N/A
Nearest Landmark Victory Monument BTS - 0.4 Km
Location: Thanon Phaya Thai, Ratchathewi, Bangkok
Maestro 07 Victory Monument 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
Steam Room Steam Room
Sauna Sauna

Available Units at Maestro 07 Victory Monument

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Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at Maestro 07 Victory Monument.
The common area maintenance fee is ฿65 per square meter based on the size of indoor area of the property and is ฿1,755 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 07 Victory Monument the required payment for the sinking fund is ฿650 per square meter based on the size of the indoor area of the property.
Victory Monument BTS is the nearest BTS from Maestro 07 Victory Monument and it is 0.4 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 07 Victory Monument 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

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Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The best pet-friendly condo
5 Ah Kum Kim, Singapore, 4 years ago
My 1 bedroom unit is beautifully decorated and has a private atmosphere. The common area also has all the amenities, but unfortunately, the swimming pool is on the 2nd floor, so the view isn't as lovely as it could be. This condo welcomes pets, and there is a pet yard on the rooftop where I often walk my dog. The project is situated in an ideal location, close to Century Mall. It is also close to Victory Monument BTS, making travel easy.
Bangkok
Thanon Phaya Thai

Neighborhood Overview

Location and Neighborhood

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Projects Nearby Maestro 07 Victory Monument

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Year Built
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Project Name
Location
Number of units
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Year Built
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Location
Thanon Phaya Thai, Ratchathewi, Bangkok
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79
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N/A
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฿8.61M - ฿28.3M
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฿29.3K - ฿117K
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Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
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฿35.2K - ฿86K
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Dec 2016
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Completed
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฿11.7K - ฿25.4K
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Dec 2013
Completion Status
Completed
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