Properties for sale in Makkasan, Ratchathewi, Bangkok
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Comparing for sale - Condos
| Location | Current Value | Starting Price | Last 6 Month | Last 1 Year |
|---|---|---|---|---|
| Makkasan | ฿156,250 /Sqm. | ฿2,850,000 |
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4.2%
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About Buying a Property in Makkasan, Ratchathewi
Makkasan, Ratchathewi is a bustling, vibrant region located in central Bangkok with a diverse and rich history. Owning property in this area grants you access to a cosmopolitan lifestyle, with vibrant street food markets, modern shopping malls, historical sights, and excellent transport links, including the Airport Rail Link and MRT (Mass Rapid Transit).
Local Vibe
The local atmosphere in Makkasan, Ratchathewi carries the unique essence of Thai metropolitan life merged elegantly with traditional aspects. The area retains Bangkok's old-world charm while seamlessly adopting the modern hustle. As every turn of the lane unfolds, you'll find locals indulging in street food or taking a leisurely evening stroll, reflecting a harmonious blend of fast-paced city life and laid-back recreational activities.
Housing Landscape
The housing market in Makkasan, Ratchathewi ranges from affordable flats and apartments to luxurious condominiums and townhouses. The area's proximity to prominent city landmarks and easy accessibility to various parts of Bangkok makes it attractive for both investment and residence purposes. Due to its strategic location and growing popularity among expats, the housing market is progressively thriving, offering lucrative opportunities for savvy investors.
Why You'll Love It
Immerse in the rich culture by visiting Makkasan's renowned temples or engage in retail therapy at the grand shopping centers. Makkasan, Ratchathewi also serves as a food lover's paradise offering both local and international cuisines. The area's well-connected transport network will let you explore Bangkok effortlessly, while the peaceful residential spaces ensure serenity amidst the city's hustle. The blend of modern convenience with a hint of traditional charm makes it an irresistible choice for prospective property buyers.
Frequently Asked Questions
How is the public transportation in Makkasan, Ratchathewi?
The public transportation is excellent with the Airport Rail Link and MRT, offering fast and convenient travel within Bangkok and towards the airport. It also has abundant taxis and motorcycle taxis for short distances.
What is the typical property price in this area?
Property prices vary significantly depending on the type and location. However, on average, condominium units may range from around 5 million to 15 million Thai Baht, making it suitable for various budgets.
What kind of properties are available in Makkasan, Ratchathewi?
This area offers a variety of properties ranging from single-bedroom apartments to luxurious condominiums and townhouses, catering to a wide array of preferences and budgets.
Is Makkasan, Ratchathewi a safe place to live?
Makkasan, Ratchathewi is generally safe and secure. It benefits from the presence of various local businesses, reputable schools, and healthcare facilities, making it a desirable place to live.
Are there any schools and hospitals nearby?
Yes, the area has several reputable educational institutions and hospitals. Some notable ones include Pathumwan Princess Hospital, Rutnin Eye Hospital and notable schools are Watthana Wittaya Academy and St. Dominic School.
Questions & Answers
(2)How can I make profit from buying a condo in Bangkok?
Hello Ye... This ultra-luxury property in Bangkok offers strong investment potential through both capital appreciation and rental income. Historically, prime Bangkok real estate has appreciated by approximately 3–6% per year, supported by ongoing infrastructure development and limited supply in premium segments. Rental yields for high-end properties typically range from 4–6% gross annually, depending on location and unit size. With the right positioning, this property could generate a combined annual return of up to 8–10% before costs, making it an attractive option for long-term investors seeking both income and value growth.
The link you provided leads to an article titled "Bangkok Condo Investment Strategy: Maximise Returns with Smart Buying." Would you like a summary or key points from this article, or are you looking for a more detailed analysis? Please specify your preference.
hi Ye, You need to ask real estate consultant to explain you about potenial rental yield. Feel free to contact CondoDee for such a consulting. WinWin +66621899659 win@condodee.com
The price my condo is 2000000bath For 45 sqm 2 bed room 1 restroom
Hello you interested prawet area?
Thanks for your replies and helping me out!
Are there pros/cons of buying a condo on Thong Lo vs Ekkamai? Or are they similar?
Thong Lor and Ekkamai are very close to each other. Just a street over, however Ekkamai typically is better value yet still just 5-10 min away.
While close to each other, Thonglor is more developed and has numerous shops, bars and restaurants. It is a more "desirable" neighbourhood and in demand. It will attract higher prices for both rent and sale. Ekkamai is a developing area, and will eventually catch up to Thonglor. So, if you like trendy areas, Tonglor will be your more expensive option, if you prefer to stretch your budget a little further, Ekkamai is a good option with a strong potential to increase in value.
Ekkamai is a bit (but a bit) quieter Other is pretty much the same - all depends on the specific project
ัYou would like to buy or rent ? There are a spacious unit for sale in Sukhumvit 39
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