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

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 £125,000 (£3,580/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 7 months ago
Property Type Condo
Floor 3
Bedroom 1
Size 35 SqM
Price per SqM £3,580
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.
£51/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1159124

Investment Opportunity: Charges & Yield

Sale Price
£125,000
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.
£51/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

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

  • 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
Get notified when new homes are being added to Maestro 01 Sathorn-Yenakat
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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 01 Sathorn-Yenakat.
The common area maintenance fee is £1 per square meter based on the size of indoor area of the property and is £51 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
£452
1st Installment
Upon contract signing
£678
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

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
Chong Nonsi, Sathon, Bangkok
Number of units
169
Sales Prices
£96.9K - £316K
▼ -26% underpriced
Monthly Rentals
£429 - £1.47K
Year Built
Dec 2003
Completion Status
Completed
Project Name
Baan Siriyenakat
Location
Thung Mahamek, Sathon, Bangkok
Number of units
169
Sales Prices
£163K - £192K
▲ 13% overpriced
Monthly Rentals
£565 - £1.36K
Year Built
Dec 2004
Completion Status
Completed
Location
Chong Nonsi, Sathon, Bangkok
Number of units
345
Sales Prices
£51.7K - £126K
▼ -30% underpriced
Monthly Rentals
£248 - £632
Year Built
Dec 2013
Completion Status
Completed
Location
Chong Nonsi, Sathon, Bangkok
Number of units
77
Sales Prices
£113K - £169K
Monthly Rentals
£407 - £678
Year Built
Dec 2005
Completion Status
Completed
Location
Chong Nonsi, Sathon, Bangkok
Number of units
70
Sales Prices
£140K - £169K
▼ -17% underpriced
Monthly Rentals
£565 - £678
Year Built
Dec 2005
Completion Status
Completed
Location
Chong Nonsi, Sathon, Bangkok
Number of units
282
Sales Prices
£94.4K - £248K
Monthly Rentals
£361 - £632
Year Built
Oct 2020
Completion Status
Completed
Location
Chong Nonsi, Sathon, Bangkok
Number of units
78
Sales Prices
£87.9K - £129K
▼ -6.2% underpriced
Monthly Rentals
£294 - £407
Year Built
Nov 2019
Completion Status
Completed
Project Name
Baan Lux-Sathon
Location
Chong Nonsi, Sathon, Bangkok
Number of units
18
Sales Prices
£836K - £2.46M
▲ 28% overpriced
Monthly Rentals
£3.39K
Year Built
Dec 2011
Completion Status
Completed
Project Name
Baan Sathorn
Location
Thung Mahamek, Sathon, Bangkok
Number of units
50
Sales Prices
£562K
Monthly Rentals
£678 - £4.07K
Year Built
Dec 1993
Completion Status
Completed
Location
Chong Nonsi, Sathon, Bangkok
Number of units
N/A
Sales Prices
£858K
Monthly Rentals
£1.36K
Year Built
Jan 2010
Completion Status
Completed
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