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    2 Bedroom Condo for sale at Maestro 03 Ratchada-Rama 9
    Din Daeng, Din Daeng,Bangkok
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    Sale Price
    £198,000
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    2 Bedroom Condo for sale at Maestro 03 Ratchada-Rama 9

    (1 Review)
    Din Daeng, Din Daeng,Bangkok
    Unit ID: U1754748
    5% Rental Yield
    2 Bedrooms
    2 Bathrooms
    67 SqM Size
    8 Floor
    May 2018 Completed
    (1 Review)
    Sale Price
    £198,000
    6

    About This Condo

    This property is a 67 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Din Daeng, Bangkok and was completed in May 2018. You can buy this condo for a base price of £198,000 (£2,960/SqM).

    Features

    BalconyBalcony

    Basic Information

    Date Listed Mar 9, 2024
    Updated 7 months ago
    Property Type Condo
    Floor 8
    Bedrooms 2
    Size 67 SqM
    Price per SqM £2,960
    Pets All Kind of Pets 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%.

    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) Pool 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.
    £99/mo
    Listed By
    Each listing provided by partnered agents is individually verified by LivePhuket. Partner Agents work for different brokerages or property management companies but have teamed up with LivePhuket so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1754748

    Investment Opportunity: Charges & Yield

    Sale Price
    £198,000
    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.
    £99/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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom condos at Maestro 03 Ratchada-Rama 9, and the current sales price.
    5%

    Project Details

    Project Name: Maestro 03 Ratchada-Rama 9
    Developer: Major Development Estate Co., Ltd.
    Construction: Completed (May 2018)
    Floors: 8
    Buildings: N/A
    Units: 335
    Project Area: N/A
    Nearest Landmark Phra Ram 9 MRT - 1.1 Km
    Location: Din Daeng, Bangkok
    Maestro 03 Ratchada-Rama 9 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    Car Parking Car Parking
    Steam Room Steam Room
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Maestro 03 Ratchada-Rama 9

    For Sale 21 For Rent 12
    • All
    • 1 Bed
    • 2 Beds
    Available Units at Maestro 03 Ratchada-Rama 9
    £228,000
    £3,080/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 74 SqM Size
    Floor 8 Floor
    Thai Quota Fully Furnished City View
    Available Units at Maestro 03 Ratchada-Rama 9
    £84,300
    £2,910/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 29 SqM Size
    Floor 8 Floor
    Thai Quota Fully Furnished City View
    Available Units at Maestro 03 Ratchada-Rama 9
    £101,000
    £3,430/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 29.53 SqM Size
    Floor 4 Floor
    Thai Quota Fully Furnished City View
    Updated 1 month ago
    Available Units at Maestro 03 Ratchada-Rama 9
    £83,200
    £2,870/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 29 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished Park View
    Updated 1 month ago
    Available Units at Maestro 03 Ratchada-Rama 9
    £212,000
    £2,860/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 74 SqM Size
    Floor 6 Floor
    Foreign Quota Fully Furnished Pool View
    Updated 1 month ago
    Available Units at Maestro 03 Ratchada-Rama 9
    £105,000
    £3,610/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 29 SqM Size
    Floor 5 Floor
    Thai Quota Fully Furnished City View
    Available Units at Maestro 03 Ratchada-Rama 9
    £93,400
    £2,830/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 33 SqM Size
    Floor 1 Floor
    Thai Quota Partly Furnished Park View
    Updated 2 months ago
    Available Units at Maestro 03 Ratchada-Rama 9
    £211,000
    £3,200/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 66 SqM Size
    Floor 3 Floor
    Thai Quota Partly Furnished Pool View
    Available Units at Maestro 03 Ratchada-Rama 9
    £103,000
    £3,050/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 33.66 SqM Size
    Floor 7 Floor
    Fully Furnished City View
    Available Units at Maestro 03 Ratchada-Rama 9
    £198,000
    £2,960/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 67 SqM Size
    Floor 8 Floor
    Thai Quota Fully Furnished Pool View
    Available Units at Maestro 03 Ratchada-Rama 9
    £233,000
    £3,530/SqM
    Beds 2 Beds
    Baths 1 Baths
    Size 66.10 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished Pool View
    Available Units at Maestro 03 Ratchada-Rama 9
    £101,000
    £3,480/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 29 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Maestro 03 Ratchada-Rama 9
    £98,000
    £3,380/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 29 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Maestro 03 Ratchada-Rama 9
    £95,700
    £3,300/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 29 SqM Size
    Floor 8 Floor
    Thai Quota Fully Furnished City View
    Available Units at Maestro 03 Ratchada-Rama 9
    £211,000
    £3,710/SqM
    Beds 2 Beds
    Baths 1 Baths
    Size 57 SqM Size
    Floor 2 Floor
    Thai Quota Fully Furnished Garden View
    Available Units at Maestro 03 Ratchada-Rama 9
    £101,000
    £3,480/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 29.01 SqM Size
    Floor 6 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Maestro 03 Ratchada-Rama 9
    £101,000
    £3,430/SqM
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 29.42 SqM Size
    Floor 6 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Maestro 03 Ratchada-Rama 9
    £102,000
    £3,080/SqM
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 32.98 SqM Size
    Floor 5 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Maestro 03 Ratchada-Rama 9
    £102,000
    £3,530/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 29 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Maestro 03 Ratchada-Rama 9
    £103,000
    £3,530/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 29.02 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Maestro 03 Ratchada-Rama 9
    £116,000
    £3,460/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 33.57 SqM Size
    Floor 6 Floor
    Foreign Quota Fully Furnished City View
    Get notified when new homes are being added to Maestro 03 Ratchada-Rama 9
    View All (21)

    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 03 Ratchada-Rama 9.
    The common area maintenance fee is £1 per square meter based on the size of indoor area of the property and is £99 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 03 Ratchada-Rama 9 the required payment for the sinking fund is £15 per square meter based on the size of the indoor area of the property.
    Phra Ram 9 MRT is the nearest MRT Station from Maestro 03 Ratchada-Rama 9 and it is 1.1 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 03 Ratchada-Rama 9 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 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The new condo in the city center is convenient to travel.
    Thiago D., Mexico, 4 years ago
    I rented a 1-bedroom unit, which is spacious enough for living for 1-2 people. The living area is well-proportioned with maximum practical use, and the room also comes with complete furniture. There are complete facilities in the common area, like a fitness center, swimming pool, and reliable security system. Plus, the condo is close to Phra Ram 9 MRT, CentralPlaza Grand Rama 9, flea markets, and many more. I would say that this condo is perfect! For those who look for a condo, this place is highly recommended!
    Bangkok
    Din Daeng

    Neighborhood Overview

    Location and Neighborhood

    Street View

    Projects Nearby Maestro 03 Ratchada-Rama 9

    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
    Groove Ratchada - Rama 9
    Location
    Din Daeng, Din Daeng, Bangkok
    Number of units
    154
    Sales Prices
    £65.8K - £85.2K
    ▼ -18.7% underpriced
    Monthly Rentals
    £318 - £420
    Year Built
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    Completion Status
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    Project Name
    Ivy Ampio
    Location
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    Year Built
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    Project Name
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    Monthly Rentals
    £636 - £2.5K
    Year Built
    Dec 2005
    Completion Status
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    Project Name
    Noble Revolve Ratchada 2
    Location
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    Number of units
    755
    Sales Prices
    £84.5K - £204K
    ▼ -3.6% underpriced
    Monthly Rentals
    £295 - £908
    Year Built
    Aug 2018
    Completion Status
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    Project Name
    Siam Condominium
    Location
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    Number of units
    218
    Sales Prices
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    ▼ -43% underpriced
    Monthly Rentals
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    Year Built
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    Completion Status
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    Project Name
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    Location
    Din Daeng, Din Daeng, Bangkok
    Number of units
    70
    Sales Prices
    £88.5K
    Monthly Rentals
    £295 - £341
    Year Built
    Jan 2015
    Completion Status
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    Project Name
    Noble Revolve Ratchada
    Location
    Huai Khwang, Din Daeng, Bangkok
    Number of units
    802
    Sales Prices
    £72.7K - £225K
    ▼ -1% underpriced
    Monthly Rentals
    £272 - £795
    Year Built
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    Completion Status
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    Project Name
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    Location
    Din Daeng, Din Daeng, Bangkok
    Number of units
    1025
    Sales Prices
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    ▲ 19% overpriced
    Monthly Rentals
    £250 - £545
    Year Built
    Aug 2020
    Completion Status
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    Project Name
    Belle Grand Rama 9
    Location
    Huai Khwang, Din Daeng, Bangkok
    Number of units
    1991
    Sales Prices
    £104K - £1.02M
    ▼ -6.4% underpriced
    Monthly Rentals
    £409 - £3.41K
    Year Built
    Dec 2015
    Completion Status
    Completed
    Project Name
    The Line Asoke - Ratchada
    Location
    Din Daeng, Din Daeng, Bangkok
    Number of units
    473
    Sales Prices
    £95.9K - £269K
    ▲ 2.1% overpriced
    Monthly Rentals
    £363 - £1.48K
    Year Built
    Dec 2019
    Completion Status
    Completed
    Projects Nearby Maestro 03 Ratchada-Rama 9
    Save
    Groove Ratchada - Rama 9
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    Noble Revolve Ratchada 2
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    The Line Asoke - Ratchada
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