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Maestro 03 Ratchada - Rama 9 in Bangkok

Name: Sales in Maestro 03 Ratchada - Rama 9 started!
Start: 2020-02-14T07:05:17.100324+00:00
End: 2023-12-31T23:59:59+0000
Location: Maestro 03 Ratchada - Rama 9

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Project info

Object ID: 5008

Finished at	October 2018
Price, m²	From 4875$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 33.00 m²
Floors	8
Apartments	320
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

160,875$

Net profit

5,883$

Payback period

19.9 years

Avg property value increase per year

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About the project

Maestro 03 Ratchada – Rama 9 takes design to the next level by paying special attention to the function not only of the room but also of furniture pieces, such as extendable dining table and storage drawers built into the bed.

Everything is designed to make the most of the space, meeting your urban lifestyle needs.All 3 buildings embrace the green space and provide natural lighting as well as cross ventilation, creating harmonious senses between nature and the residents with European-style semi indoor swimming pool and the garden in the centre.

The overall design reflects a modern style that harmoniously combines contemporary and classical styles in the details of textile materials and accessories.

Developer

Major Development Public Company Limited is a residential property developer established on 14th of July in 1999. The company has grown and …
Details about Major Development