1 Bedroom Condo for sale at Maxxi Prime Ratchada - Sutthisan

 (Write Review)
Huai Khwang, Huai Khwang,Bangkok
Unit ID: U1647100
5% Rental Yield
1 Bedroom
1 Bathroom
29.06 SqM Size
8 Floor
Apr 2022 Completed

About This Condo

This property is a 29.06 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Huai Khwang, Bangkok and was completed in Apr 2022. You can buy this condo for a base price of £69,500 (£2,390/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Aug 3, 2023
Updated 1 year ago
Property Type Condo
Floor 8
Bedroom 1
Size 29.06 SqM
Price per SqM £2,390
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%.

Foreign Quota, Thai Quota, Company
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 1BR
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
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1647100

Investment Opportunity: Charges & Yield

Sale Price
£69,500
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
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.
20
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 Maxxi Prime Ratchada - Sutthisan, and the current sales price.
5%

Project Details

Construction: Completed (Apr 2022)
Floors: 8
Buildings: 1
Units: 218
Project Area: N/A
Nearest Landmark Sutthisan MRT - 0.4 Km
Location: Huai Khwang, Bangkok
Maxxi Prime Ratchada - Sutthisan Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Library / Reading Room Library / Reading Room
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Maxxi Prime Ratchada - Sutthisan

  • Communal Pool
    2nd Floor
  • Communal Gym
    2nd Floor
  • Reception / Lobby Area
    1st Floor
  • Co-Working Space / Meeting Room
    2nd Floor
  • Communal Garden Area
    3rd Floor

Available Units at Maxxi Prime Ratchada - Sutthisan

For Sale 9 For Rent 1
Get notified when new homes are being added to Maxxi Prime Ratchada - Sutthisan
View All (9)

Loan Calculator

Payment Plan

Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
30%
1st Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at Maxxi Prime Ratchada - Sutthisan 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 £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.
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 Maxxi Prime Ratchada - Sutthisan the required payment for the sinking fund is £11 per square meter based on the size of the plot size of the property.
Sutthisan MRT is the nearest MRT Station from Maxxi Prime Ratchada - Sutthisan 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 Maxxi Prime Ratchada - Sutthisan you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
30%
1st Installment
On handover
70%

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

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Bangkok
Huai Khwang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Maxxi Prime Ratchada - Sutthisan

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
Ratchada Orchid
Location
Huai Khwang, Huai Khwang, Bangkok
Number of units
524
Sales Prices
£34.2K - £119K
Monthly Rentals
£388 - £525
Year Built
Jan 2003
Completion Status
Completed
Location
Din Daeng, Huai Khwang, Bangkok
Number of units
729
Sales Prices
£90.8K - £189K
▼ -16.1% underpriced
Monthly Rentals
£320 - £799
Year Built
Dec 2012
Completion Status
Completed
Project Name
Ivy Ratchada
Location
Sam Sen Nok, Huai Khwang, Bangkok
Number of units
456
Sales Prices
£45.4K - £110K
▼ -11.5% underpriced
Monthly Rentals
£194 - £342
Year Built
Dec 2007
Completion Status
Completed
Project Name
The Kris Extra 4
Location
Din Daeng, Huai Khwang, Bangkok
Number of units
175
Sales Prices
£63.9K
▼ -50% underpriced
Monthly Rentals
£251 - £320
Year Built
Jan 2012
Completion Status
Completed
Location
Sam Sen Nok, Huai Khwang, Bangkok
Number of units
520
Sales Prices
£63.9K - £132K
▲ 3.3% overpriced
Monthly Rentals
£251 - £388
Year Built
Jan 2009
Completion Status
Completed
Location
Din Daeng, Huai Khwang, Bangkok
Number of units
270
Sales Prices
£67.3K - £84.4K
▼ -9% underpriced
Monthly Rentals
£297 - £593
Year Built
Dec 2011
Completion Status
Completed
Location
Din Daeng, Huai Khwang, Bangkok
Number of units
327
Sales Prices
£50.5K - £141K
▼ -10.1% underpriced
Monthly Rentals
£297 - £685
Year Built
Jan 2013
Completion Status
Completed
Project Name
The Kris 3
Location
Din Daeng, Huai Khwang, Bangkok
Number of units
N/A
Sales Prices
£62.5K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Din Daeng, Huai Khwang, Bangkok
Number of units
535
Sales Prices
£63.9K - £137K
▼ -6.4% underpriced
Monthly Rentals
£297 - £639
Year Built
Aug 2017
Completion Status
Completed
Location
Huai Khwang, Huai Khwang, Bangkok
Number of units
837
Sales Prices
£79.9K - £183K
▼ -15.3% underpriced
Monthly Rentals
£320 - £799
Year Built
Dec 2013
Completion Status
Completed
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