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    1 Bedroom Condo for sale at Maestro 07 Victory Monument
    Thanon Phaya Thai, Ratchathewi,Bangkok
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    Sale Price
    ₿2.075
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    1 Bedroom Condo for sale at Maestro 07 Victory Monument

    (1 Review)
    Thanon Phaya Thai, Ratchathewi,Bangkok
    Unit ID: U1944418
    4% Rental Yield
    1 Bedroom
    1 Bathroom
    301 Sqft Size
    7 Floor
    Apr 2018 Completed
    (1 Review)
    Sale Price
    ₿2.075
    5

    About This Condo

    This property is a 301 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Thanon Phaya Thai, Bangkok and was completed in Apr 2018. You can buy this condo for a base price of ₿2.075 (₿0.007/Sqft).

    Features

    BalconyBalcony

    Basic Information

    Date Listed Oct 4, 2024
    Updated 3 weeks ago
    Property Type Condo
    Floor 7
    Bedroom 1
    Size 301 Sqft
    Price per Sqft ₿0.007
    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
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly 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.
    ₿0.001/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1944418

    Investment Opportunity: Charges & Yield

    Sale Price
    ₿2.075
    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.
    ₿0.001/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.
    23
    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 07 Victory Monument, and the current sales price.
    4%

    Project Details

    Project Name: Maestro 07 Victory Monument
    Developer: Major Development Estate Co., Ltd.
    Construction: Completed (Apr 2018)
    Floors: 8
    Buildings: N/A
    Units: 171
    Project Area: N/A
    Nearest Landmark Victory Monument BTS - 0.4 Km
    Location: Thanon Phaya Thai, Bangkok
    Maestro 07 Victory Monument 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
    Steam Room Steam Room
    Sauna Sauna

    Available Units at Maestro 07 Victory Monument

    For Sale 3 For Rent 2
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Maestro 07 Victory Monument
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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 07 Victory Monument.
    The common area maintenance fee is ₿0 per square meter based on the size of indoor area of the property and is ₿0.001 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 07 Victory Monument the required payment for the sinking fund is ₿0 per square meter based on the size of the indoor area of the property.
    Victory Monument BTS is the nearest BTS Station from Maestro 07 Victory Monument 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 Maestro 07 Victory Monument 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
    The best pet-friendly condo
    Ah Kum Kim, Singapore, 6 years ago
    My 1 bedroom unit is beautifully decorated and has a private atmosphere. The common area also has all the amenities, but unfortunately, the swimming pool is on the 2nd floor, so the view isn't as lovely as it could be. This condo welcomes pets, and there is a pet yard on the rooftop where I often walk my dog. The project is situated in an ideal location, close to Century Mall. It is also close to Victory Monument BTS, making travel easy.
    Bangkok
    Thanon Phaya Thai

    Neighborhood Overview

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