1 Bedroom Condo for sale at Magnolias Ratchadamri Boulevard [Leasehold]

(1 Review)
Lumphini, Pathum Wan,Bangkok
Unit ID: U1098156
5% Rental Yield
Tenant-Occupied until Dec 31, 2024
1 Bedroom
1 Bathroom
50 SqM Size
20 Floor
Dec 2015 Completed

About This Condo

This property is a 50 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 £273,000 (£5,470/SqM) and it is also available for long term rentals starting from £1,030 per month.

Features

MicrowaveMicrowave TVTV

Basic Information

Date Listed May 27, 2022
Updated 2 months ago
Property Type Condo
Floor 20
Bedroom 1
Size 50 SqM
Price per SqM £5,470
Pets Not Allowed
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%.

Leasehold
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) Golf Course View, City View, Blocked View
Unit Type N/A
Building Magnolias Ratchadamri Boulevard
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.
£103/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1098156

Investment Opportunity: Charges & Yield

Sale Price
£273,000
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.
£103/mo
Rent
£1,030/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.
22
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

Construction: Completed (Dec 2015)
Floors: 60
Buildings: 1
Units: 316
Project Area: 10,680 SqM
Nearest Landmark Ratchadamri BTS - 0.4 Km
Location: Lumphini, Bangkok
Magnolias Ratchadamri Boulevard Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Sauna Sauna
Library / Reading Room Library / Reading Room
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Key card access Key card access

Popular Facilities at Magnolias Ratchadamri Boulevard

  • Communal Pool
    5th Floor
  • Communal Gym
    5th Floor
  • Reception / Lobby Area
    1st Floor
  • Lounge
    4th Floor
  • Indoor Kids Zone
    4th Floor

Available Units at Magnolias Ratchadamri Boulevard

For Sale 20 For Rent 29
Available Units at Magnolias Ratchadamri Boulevard
£228,000
£3,920/SqM
Beds 1 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 23 Floor
Thai Quota Fully Furnished Park View
Available Units at Magnolias Ratchadamri Boulevard
£285,000
£3,180/SqM
Beds 2 Beds
Baths 2 Baths
Size 89.60 SqM Size
Floor 32 Floor
Unfurnished City View
Available Units at Magnolias Ratchadamri Boulevard
£285,000
£3,240/SqM
Beds 2 Beds
Baths 2 Baths
Size 88 SqM Size
Floor 43 Floor
Unfurnished 360° View
Available Units at Magnolias Ratchadamri Boulevard
£285,000
£3,280/SqM
Beds 2 Beds
Baths 2 Baths
Size 86.88 SqM Size
Floor 39 Floor
Unfurnished Skyline View
Updated 2 months ago
Available Units at Magnolias Ratchadamri Boulevard
£273,000£296,000
£5,470/SqM
Beds 1 Beds
Baths 1 Baths
Size 50 SqM Size
Floor 20 Floor
Foreign Quota Fully Furnished Golf Course View
Available Units at Magnolias Ratchadamri Boulevard
£251,000
£4,320/SqM
Beds 1 Beds
Baths 1 Baths
Size 58 SqM Size
Floor 20 Floor
Thai Quota Fully Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
£467,000
£5,350/SqM
Beds 2 Beds
Baths 2 Baths
Size 87.23 SqM Size
Floor 35 Floor
Leasehold Unfurnished Golf Course View
Available Units at Magnolias Ratchadamri Boulevard
£513,000
£6,180/SqM
Beds 2 Beds
Baths 2 Baths
Size 83 SqM Size
Floor 45 Floor
Available Units at Magnolias Ratchadamri Boulevard
£1,820,000
£5,680/SqM
Beds 4 Beds
Baths 4 Baths
Size 321 SqM Size
Floor 50 Floor
Thai Quota Fully Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
£592,000
£7,220/SqM
Beds 2 Beds
Baths 2 Baths
Size 82 SqM Size
Floor 42 Floor
Fully Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
£456,000
£5,770/SqM
Beds 2 Beds
Baths 2 Baths
Size 79 SqM Size
Floor 49 Floor
Leasehold Unfurnished City View
Available Units at Magnolias Ratchadamri Boulevard
£570,000
£5,480/SqM
Beds 2 Beds
Baths 2 Baths
Size 104 SqM Size
Floor 34 Floor
Leasehold Fully Furnished Golf Course View
Available Units at Magnolias Ratchadamri Boulevard
£308,000
£5,360/SqM
Beds 1 Beds
Baths 1 Baths
Size 57.35 SqM Size
Floor 29 Floor
Leasehold Fully Furnished Park View
Available Units at Magnolias Ratchadamri Boulevard
£476,000
£5,810/SqM
Beds 2 Beds
Baths 2 Baths
Size 81.93 SqM Size
Floor 25 Floor
Leasehold Fully Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
£581,000
£6,670/SqM
Beds 2 Beds
Baths 2 Baths
Size 87.09 SqM Size
Floor 37 Floor
Available Units at Magnolias Ratchadamri Boulevard
£501,000
£5,590/SqM
Beds 2 Beds
Baths 2 Baths
Size 89.60 SqM Size
Floor 31 Floor
Foreign Quota Unfurnished City View
Available Units at Magnolias Ratchadamri Boulevard
£570,000
£6,330/SqM
Beds 2 Beds
Baths 2 Baths
Size 90 SqM Size
Floor 37 Floor
Leasehold Partly Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
£501,000
£6,110/SqM
Beds 2 Beds
Baths 2 Baths
Size 82 SqM Size
Floor 23 Floor
Foreign Quota Fully Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
£570,000
£6,950/SqM
Beds 2 Beds
Baths 2 Baths
Size 82 SqM Size
Floor 42 Floor
Foreign Quota Fully Furnished City View
Available Units at Magnolias Ratchadamri Boulevard
£634,000
£7,120/SqM
Beds 2 Beds
Baths 2 Baths
Size 89 SqM Size
Floor 32 Floor
Thai Quota Fully Furnished City View
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Frequently Asked Questions

No pets are allowed at Magnolias Ratchadamri Boulevard unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is £2 per square meter based on the size of indoor area of the property and is £103 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.
Ratchadamri BTS is the nearest BTS Station from Magnolias Ratchadamri Boulevard 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 Magnolias Ratchadamri Boulevard 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Awesome condominium, if I'm rich enough I will get one too!
Julie Ng, Singapore, 4 years ago
I went to visit my friend who stays here. The location of this project is the best in the heart of Ratchaprasong Intersection. The design is outstanding and unique. The building is curvy in an oval shape, and everything is too luxurious for ordinary people like me. The residents in this project are all exclusive. The building is a shared area of the 6-star hotel. Do not mention cleanliness, beauty, and very privacy; they are all at an exceptional level. The room is beautifully decorated, hi-class, and luxuriously designed by a famous Thai designer. The materials in the room are all imported. The room ceiling is 3 meters high, making it more spacious. The windows of the room are floor-to-ceiling so that the residents can admire the view of the room. My friend's room has a view of the Royal Bangkok Sports Club, which is fantastic. Besides, it's convenient to travel as it's closed to Chidlom BTS, and you can go shopping within walking distance. The opposite of the condo is Central World. You can walk from the sky walkway to Siam. It's a dream that only wealthy people can make it true. sooooo jealous!!
Bangkok
Lumphini

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Magnolias Ratchadamri Boulevard

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
The Royal Maneeya
Location
Lumphini, Pathum Wan, Bangkok
Number of units
76
Sales Prices
£250K - £291K
▼ -49% underpriced
Monthly Rentals
£1.02K - £3.41K
Year Built
Dec 2007
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
380
Sales Prices
£102K - £125K
▲ 8.3% overpriced
Monthly Rentals
£431 - £2.72K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Hansar Rajdamri
Location
Lumphini, Pathum Wan, Bangkok
Number of units
196
Sales Prices
£156K - £341K
▼ -17% underpriced
Monthly Rentals
£976 - £5.68K
Year Built
Dec 2008
Completion Status
Completed
Project Name
The Grand Regent
Location
Lumphini, Pathum Wan, Bangkok
Number of units
300
Sales Prices
£30K
Monthly Rentals
£341 - £749
Year Built
Jan 1998
Completion Status
Completed
Location
Lumphini, Pathum Wan, Bangkok
Number of units
53
Sales Prices
£10.2M
Monthly Rentals
£7.27K - £22.7K
Year Built
Jan 2010
Completion Status
Completed
Project Name
Langsuan Ville
Location
Lumphini, Pathum Wan, Bangkok
Number of units
262
Sales Prices
£372K - £758K
▼ -10.5% underpriced
Monthly Rentals
£795 - £2.72K
Year Built
Dec 2001
Completion Status
Completed
Project Name
The Rajdamri
Location
Pathum Wan, Pathum Wan, Bangkok
Number of units
278
Sales Prices
£63.6K - £322K
▼ -13.9% underpriced
Monthly Rentals
£454 - £4.54K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Scope Lang Suan
Location
Lumphini, Pathum Wan, Bangkok
Number of units
134
Sales Prices
£795K - £12.9M
Monthly Rentals
£3.41K - £10.9K
Year Built
May 2023
Completion Status
Completed
Project Name
Baan Na Varang
Location
Lumphini, Pathum Wan, Bangkok
Number of units
95
Sales Prices
£670K
Monthly Rentals
£568 - £1.7K
Year Built
Dec 1997
Completion Status
Completed
Project Name
Baan Somthavil
Location
Lumphini, Pathum Wan, Bangkok
Number of units
113
Sales Prices
£72.7K
▼ -50% underpriced
Monthly Rentals
£477 - £2.27K
Year Built
Dec 1996
Completion Status
Completed
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