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    1 Bedroom Condo for sale at Maestro 02 Ruamrudee
    Lumphini, Pathum Wan,Bangkok
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    Sale Price
    £114,000
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    1 Bedroom Condo for sale at Maestro 02 Ruamrudee

    (1 Review)
    Lumphini, Pathum Wan,Bangkok
    Unit ID: U1836968
    5% Rental Yield
    Tenant-Occupied until Dec 1, 2024
    1 Bedroom
    1 Bathroom
    29 SqM Size
    2 Floor
    Dec 2015 Completed
    (1 Review)
    Sale Price
    £114,000
    8

    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 £114,000 (£3,930/SqM) and it is also available for long term rentals starting from £501 per month.

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed May 15, 2024
    Updated 2 weeks ago
    Property Type Condo
    Floor 2
    Bedroom 1
    Size 29 SqM
    Price per SqM £3,930
    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.
    £33/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1836968

    Investment Opportunity: Charges & Yield

    Sale Price
    £114,000
    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.
    £33/mo
    Rent
    £501/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
    Developer: Major Development Estate Co., Ltd.
    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

    • All
    • Fitness
    • Leisure
    4
    • Communal Garden Area
      Rooftop
    • Communal Pool
      2nd Floor
    • Communal Gym
      2nd Floor

    Available Units at Maestro 02 Ruamrudee

    For Sale 5 For Rent 17
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Maestro 02 Ruamrudee
    View All (5)

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    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 £1 per square meter based on the size of indoor area of the property and is £33 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

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