1 Bedroom Condo for sale at D Vieng Santitham

(2 Reviews)
Chang Phueak, Mueang Chiang Mai,Chiang Mai
Unit ID: U179281
5% Rental Yield
Tenant-Occupied until Mar 31, 2024
1 Bedroom
1 Bathroom
37 SqM Size
2 Floor
Aug 2015 Completed

About This Condo

This property is a 37 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the D Vieng Santitham project in Chang Phueak, Chiang Mai and was completed in Aug 2015. You can buy this condo for a base price of ฿2,500,000 (฿67,568/SqM) and it is also available for long term rentals starting from ฿10,000 per month.

Features

BalconyBalcony Washing MachineWashing Machine TVTV

Basic Information

Date Listed Sep 22, 2019
Updated 8 months ago
Property Type Condo
Floor 2
Bedroom 1
Size 37 SqM
Price per SqM ฿67,568
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) Garden 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.
฿2,035/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U179281

Investment Opportunity: Charges & Yield

Sale Price
฿2,500,000
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.
฿2,035/mo
Rent
฿10,000/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Project Name: D Vieng Santitham
Developer: Sansiri
Construction: Completed (Aug 2015)
Floors: 5
Buildings: 2
Units: 264
Project Area: 5,832 SqM
Nearest Landmark Chiang Mai Bus Terminal 1 - 0.4 Km
Location: Chang Phueak, Chiang Mai
D Vieng Santitham 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
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 Vieng Santitham

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at D Vieng Santitham

For Sale 11 For Rent 9
Get notified when new homes are being added to D Vieng Santitham
View All (11)

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Frequently Asked Questions

No pets are allowed at D Vieng Santitham 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 ฿55 per square meter based on the size of indoor area of the property and is ฿2,035 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 Vieng Santitham 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 1 is the nearest Bus Terminal from D Vieng Santitham 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 D Vieng Santitham 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 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The best cleanliness standard
Jane R., Thailand, 2 years ago
The top priority here is excellent cleanliness. Every day, the common areas around the swimming pool, fitness center, and clubhouse are cleaned, and the overall condition here is still perfect for those who seek peace and solitude because there aren't many units. The room is quite large, and all the furniture is decorated. However, due to the thinness of the walls in this material, sometimes I can hear the sound of the next room. The staff here are also friendly and helpful. Besides, I like the project's location as it is surrounded by well-known tourist attractions. You can also easily travel to other areas in Chiang Mai.
Great place to stay !
Jimin Park, South Korea, 5 years ago
I love this condo as it's clean and secured by guards for 24 hours. It also includes indoor parking and a swimming pool. A studio room is quite large and fully furnished. Great location as the neighborhood is surrounded by restaurants and famous cafes. Close to Kad Thanin Market selling fresh produces. The staff here are very nice too. Unfortunately, the soundproofing wall here is a bit thin. You can even hear the neighbor's voice talking on the phone.
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

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