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    1 Bedroom Condo for sale at Maestro 01 Sathorn-Yenakat
    Thung Mahamek, Sathon,Bangkok
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    Sale Price
    £129,000
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    1 Bedroom Condo for sale at Maestro 01 Sathorn-Yenakat

     (Write Review)
    Thung Mahamek, Sathon,Bangkok
    Unit ID: U1159124
    5% Rental Yield
    1 Bedroom
    1 Bathroom
    35 SqM Size
    3 Floor
    Apr 2018 Completed
     (Write Review)
    Sale Price
    £129,000
    5

    About This Condo

    This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Thung Mahamek, Bangkok and was completed in Apr 2018. You can buy this condo for a base price of £129,000 (£3,700/SqM).

    1 Bedroom in Maestro 01 Yenakat

    Pet friendly condo, ready to move in, near MRT Lumpini, potential location, only 5 minutes to business district, Sathorn, Silom.  Fully furnished, including air conditioner, water heater, electric stove with cooker hob/hood, microwave, refrigerator, stand shower. Featuring full facilities, including Swimming Pool, Fitness Centre, co-working space, lounge, Laundry service, steam and sauna, gardens and recreation area, rooftop facilities, CCTV and 24-hour security guards.  

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Oct 4, 2022
    Updated 8 months ago
    Property Type Condo
    Floor 3
    Bedroom 1
    Size 35 SqM
    Price per SqM £3,700
    Pets Cats and Dogs (small only)
    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 Maestro 01 Sathorn-Yenakat
    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.
    £53/mo
    Listed By
    Private Owner
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1159124

    Investment Opportunity: Charges & Yield

    Sale Price
    £129,000
    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.
    £53/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 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 01 Sathorn-Yenakat, and the current sales price.
    5%

    Project Details

    Project Name: Maestro 01 Sathorn-Yenakat
    Developer: Major Development Estate Co., Ltd.
    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, 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

    • All
    • Fitness
    • Leisure
    6
    • Communal Pool
      2nd Floor
    • Communal Gym
      Rooftop
    • Communal Garden Area
      Rooftop
    • Lounge
      Rooftop

    Available Units at Maestro 01 Sathorn-Yenakat

    For Sale 7 For Rent 6
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Maestro 01 Sathorn-Yenakat
    View All (7)

    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 01 Sathorn-Yenakat.
    The common area maintenance fee is £2 per square meter based on the size of indoor area of the property and is £53 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 £15 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

     


    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £466
    1st Installment
    Upon contract signing
    £699
    2nd Installment
    On handover
    100%

    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

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    Bangkok
    Thung Mahamek

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby Maestro 01 Sathorn-Yenakat

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    Location
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
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    Completion Status
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