1 Bedroom Condo for sale at Play Condominium

(1 Review)
Suthep, Mueang Chiang Mai,Chiang Mai
Unit ID: U80916
3% Rental Yield
1 Bedroom
1 Bathroom
30 SqM Size
7 Floor
Apr 2016 Completed

About This Condo

This property is a 30 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Play Condominium project in Suthep, Chiang Mai and was completed in Apr 2016. You can buy this condo for a base price of ฿3,750,000 (฿125,000/SqM).

Robotic Luxuries: Stylish & Soothing 1BR Condo in Chiang Mai

This exquisite and stylish 1-bedroom condo is the perfect opportunity if you are looking for a luxurious place to call home. Located in the world-renowned Play Condominium project in Suthep, Chiang Mai, this small but perfectly formed 30 SqM condo was completed in April 2016.As soon as you enter, you'll be struck by how serene and calming the atmosphere is. The nano screen acts as the perfect safeguard against the outside world, while allowing plenty of natural light to flood in, creating a soothing, tranquil vibe inside. The high-quality materials throughout lend the condo an air of exquisite sophistication.The bedroom features a large, plush bed, as well as plenty of storage space, allowing you to keep all your belongings in tip-top condition. This space is soothingly decorated in neutral tones, offset ambiance is bolstered by the star projector feature. The en-suite bathroom combines industrial and minimalist chic styles, providing a truly unique and lavish experience, with all the modern amenities you could ever wish for.The kitchen area is a marvel of efficiency and convenience. Fully furnished with the latest in cooking appliances, you will have ample space to create sumptuous meals for yourself and your friends and family.This property can be yours for a great price of ฿3,750,000 (฿125,000/SqM). Why not call us today and come to experience this incredible property for yourself?

Features

Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Condo
Floor 7
Bedroom 1
Size 30 SqM
Price per SqM ฿125,000
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that 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) Mountain 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.
฿1,350/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U80916

Price Analysis

Above Average
Estimated market value ฿3,211,355
Great
฿2,770,000
Good
Fair
Above
฿3,470,000
Current asking Price: ฿3,750,000 | Rental estimate: ฿10,600/mo
This condo is ฿538,645 ABOVE MARKET (17%) in the Chiang Mai area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿3,750,000
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.
฿1,350/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.
30
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
3%

Project Details

Project Name: Play Condominium
Developer: N/A
Construction: Completed (Apr 2016)
Floors: 6
Buildings: N/A
Units: 65
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.4 Km
Location: Suthep, Chiang Mai
Play Condominium Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Available Units at Play Condominium

For Sale 6 For Rent 2
Get notified when new homes are being added to Play Condominium
View All (6)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Play Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿45 per square meter based on the size of indoor area of the property and is ฿1,350 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 Play Condominium the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Play Condominium 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 Play Condominium 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

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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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
Perfect condo!
Max Corral, Mexico, 5 years ago
I don't think I can explain how perfect the condo is in one hour because it's equipped with everything you need. The location is in the Nimmanhaemin area, convenient for living. On the opposite side, there is a night market such as Kad Rin Kham Market, Maya shopping mall, and many cute coffee shops. The project has a rooftop swimming pool that might look a bit small but has a good atmosphere. There are comfortable beds and a small bar as well. The bedroom I rented has a large one bedroom that is just perfect for two people. It's modernly decorated. The bed is super soft and comfortable. The furniture is brand new. The view from the room is a beautiful mountain view. Oh, I forgot to tell you that there is a maid service available for 400 baht a day.
Chiang Mai
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Play Condominium

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
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
฿1.99M
Monthly Rentals
N/A
Year Built
Nov 2014
Completion Status
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Project Name
Liv@Nimman
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
68
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฿4.69M - ฿5M
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฿25K
Year Built
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Completion Status
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Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
72
Sales Prices
฿4.3M - ฿17M
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Monthly Rentals
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Year Built
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Completion Status
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Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
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฿2.1M - ฿2.55M
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Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
75
Sales Prices
฿3.75M - ฿6.78M
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Monthly Rentals
฿20K - ฿21K
Year Built
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Completion Status
Completed
Project Name
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Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
100
Sales Prices
฿2.89M
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
44
Sales Prices
฿2.5M
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Year Built
May 2014
Completion Status
Completed
Project Name
The Nimmana Condo
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
฿3.6M - ฿12.5M
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Monthly Rentals
฿18K - ฿50K
Year Built
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Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
59
Sales Prices
฿1.4M - ฿5.6M
Monthly Rentals
฿18K - ฿25K
Year Built
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Completion Status
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Project Name
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Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
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Monthly Rentals
N/A
Year Built
Dec 2014
Completion Status
Completed
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