1 Bedroom Condo for sale at D Condo Nim

(2 Reviews)
Fa Ham, Mueang Chiang Mai,Chiang Mai
Unit ID: U171562
5% Rental Yield
1 Bedroom
1 Bathroom
37.43 SqM Size
6 Floor
Jun 2016 Completed

About This Condo

This property is a 37.43 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the D Condo Nim project in Fa Ham, Chiang Mai and was completed in Jun 2016. You can buy this condo for a base price of ฿2,800,000 (฿74,806/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Sep 6, 2019
Updated 3 years ago
Property Type Condo
Floor 6
Bedroom 1
Size 37.43 SqM
Price per SqM ฿74,806
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) Park View, Pool View, Blocked 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.
฿1,684/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U171562

Price Analysis

Great Price
Estimated market value ฿3,162,538
Great
฿2,560,000
Good
Fair
Above
฿3,620,000
Current asking Price: ฿2,800,000 | Rental estimate: ฿10,900/mo
This condo is ฿362,538 BELOW MARKET (-11%) 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

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.
฿1,684/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.
21
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 D Condo Nim, and the current sales price.
5%

Project Details

Project Name: D Condo Nim
Developer: Sansiri
Construction: Completed (Jun 2016)
Floors: 8
Buildings: 3
Units: 514
Project Area: 13,600 SqM
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 1 Km
Location: Fa Ham, Chiang Mai
D Condo Nim Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at D Condo Nim

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Communal Garden Area
    Ground Floor
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Available Units at D Condo Nim

For Sale 8 For Rent 4
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Frequently Asked Questions

No pets are allowed at D Condo Nim 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 ฿1,684 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 D Condo Nim the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from D Condo Nim and it is 1 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 D Condo Nim 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

4.8 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful condo in Lanna style
Rochelle Darby, United Kingdom, 4 years ago
It is a beautifully designed condo in Lanna style decorated with quality furniture. Plus, the rooms are spacious. The condo site is very shady, surrounded by a lush green area. The swimming pool and gym are also ready to serve the residents. Oh, there is a strict security system that you can feel at ease with during your stay. In addition, the location is close to shopping malls, shops, restaurants within walking distance. It takes less than 5 minutes to Central Chiangmai because a private walkway connects to the mall with only 200 meters.
New condo, right next to Central
Honey R., Thailand, 4 years ago
The new condo is clean and shady, very satisfied with this place! There is a swimming pool, a fitness center, and parking space for residents. The one-bedroom unit is decorated with standard furniture sets. There is a small kitchen corner for cooking. The location is great, next to the Central Department Store, very convenient!
Chiang Mai
Fa Ham

Neighborhood Overview

Location and Neighborhood

Street View

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