Unit ID: U1836968
5% Rental Yield
Tenant-Occupied until Nov 15, 2024
Lumphini, Pathum Wan,Bangkok
฿5,000,000
1 Bedroom
1
Bathroom
29 SqM
Size
2
Floor
Dec 2015
Completed

About This Condo

This property is a 29 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Lumphini, Bangkok and was completed in Dec 2015. You can buy this condo for a base price of ฿5,000,000 (฿172,414/SqM) and it is also available for long term rentals starting from ฿22,000 per month.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed May 15, 2024
Updated 1 month ago
Property Type Condo
Floor 2
Bedroom 1
Size 29 SqM
Price per SqM ฿172,414
Pets Cats and Dogs (all sizes)
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it 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.
฿1,450/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1836968

Investment Opportunity: Charges & Yield

Sale Price
฿5,000,000
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.
฿1,450/mo
Rent
฿22,000/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.
19
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.
5%

Project Details

Project Name: Maestro 02 Ruamrudee
Construction: Completed (Dec 2015)
Floors: 8
Buildings: 1
Units: 138
Project Area: 1,848 SqM
Nearest Landmark Phloen Chit BTS - 0.8 Km
Location: Lumphini, Bangkok
Maestro 02 Ruamrudee Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Yoga Area Yoga Area
BBQ Area BBQ Area
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access
Rain Water Harvesting Rain Water Harvesting
Shuttle Bus Shuttle Bus

Popular Facilities at Maestro 02 Ruamrudee

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

Available Units at Maestro 02 Ruamrudee

For Sale 5 For Rent 16
Get notified when new homes are being added to Maestro 02 Ruamrudee
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Loan Calculator

Frequently Asked Questions

Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Maestro 02 Ruamrudee.
The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿1,450 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.
Phloen Chit BTS is the nearest BTS Station from Maestro 02 Ruamrudee 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 02 Ruamrudee 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

Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A pleasant condo to live in, with easy access to everywhere
Anawin P., Thailand, 4 years ago
My friend recommended this condo to me. It is in the Phloen Chit area surrounded by many places, like restaurants, cafes, convenience stores, and many others. Plus, it is only 1 kilometer away from Phloen Chit BTS, connecting to various zones of Bangkok. It’s an 8-story condo decorated in modern style and has complete facilities such as a swimming pool, rooftop garden, car parking, and reliable security system. The room type that I visited is a 1-bedroom unit on an area of 40 square meters which is more spacious than a typical one-bedroom unit. The interior of the room is perfectly proportioned, including the bathroom, kitchen, and living room. I think this condo is the perfect option
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Maestro 02 Ruamrudee

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
Project Name
SOCIO Ruamrudee
Location
Lumphini, Pathum Wan, Bangkok
Number of units
67
Sales Prices
฿3.99M - ฿6.5M
▼ -2.5% underpriced
Monthly Rentals
฿18K - ฿26K
Year Built
Dec 2010
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
37
Sales Prices
฿6.8M - ฿13.8M
Monthly Rentals
฿25K - ฿150K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Baan Ploenchit
Location
Lumphini, Pathum Wan, Bangkok
Number of units
129
Sales Prices
฿4.8M - ฿45M
▼ -48% underpriced
Monthly Rentals
฿21.8K - ฿75K
Year Built
Dec 1993
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
104
Sales Prices
฿8.2M - ฿15.2M
▼ -36% underpriced
Monthly Rentals
฿37K - ฿65K
Year Built
Jan 2019
Completion Status
Completed
Project Name
Navin Court
Location
Lumphini, Pathum Wan, Bangkok
Number of units
77
Sales Prices
฿9.66M - ฿30M
▲ 0.7% overpriced
Monthly Rentals
฿25K - ฿40K
Year Built
Dec 2000
Completion Status
Completed
Project Name
Preen By Sansiri
Location
Lumphini, Pathum Wan, Bangkok
Number of units
26
Sales Prices
฿10M - ฿29M
▼ -35% underpriced
Monthly Rentals
฿30K - ฿95K
Year Built
Dec 2008
Completion Status
Completed
Project Name
Crystal Garden
Location
Khlong Toei, Pathum Wan, Bangkok
Number of units
112
Sales Prices
฿7.9M - ฿65M
▼ -43% underpriced
Monthly Rentals
฿32K - ฿75K
Year Built
Dec 1991
Completion Status
Completed
Location
Khlong Toei, Pathum Wan, Bangkok
Number of units
90
Sales Prices
฿2.5M - ฿9M
▼ -48% underpriced
Monthly Rentals
฿12K - ฿50K
Year Built
Dec 1999
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
30
Sales Prices
฿50M
Monthly Rentals
฿55K - ฿60K
Year Built
Jan 2014
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
79
Sales Prices
฿4.84M - ฿7.7M
▼ -21% underpriced
Monthly Rentals
฿17.5K - ฿40K
Year Built
Dec 2009
Completion Status
Completed
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