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

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 ₿1.537 (₿0.005/Sqft).

Features

BalconyBalcony

Basic Information

Date Listed Oct 4, 2024
Updated 1 month ago
Property Type Condo
Floor 7
Bedroom 1
Size 301 Sqft
Price per Sqft ₿0.005
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
₿1.537
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

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
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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

Location and Neighborhood

Street View

Projects Nearby Maestro 07 Victory Monument

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Project Name
Location
Number of units
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Year Built
Completion Status
Location
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167
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Number of units
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Location
Thanon Phaya Thai, Ratchathewi, Bangkok
Number of units
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Location
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Number of units
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Monthly Rentals
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Completion Status
Completed
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