1 Bedroom Condo for sale at Galae Thong Tower

(2 Reviews)
Pa Daet, Mueang Chiang Mai,Chiang Mai
Unit ID: U1731446
7% Rental Yield
1 Bedroom
2 Bathrooms
81 SqM Size
7 Floor
Jan 1995 Completed

About This Condo

This property is a 81 SqM condo with 1 bedroom and 2 bathrooms that is available for sale. It is part of the Galae Thong Tower project in Pa Daet, Chiang Mai and was completed in Jan 1995. You can buy this condo for a base price of ฿2,900,000 (฿35,802/SqM).

Spacious 1 BR Condo For Sale At Galare Thong Condominium

Large one  bedroom, two Bathroom condominium for sale at Galare Thong Condominium, Chang Klan Road. Located within walking distance of Night Bazaar and just a short drive to the centre of town. Fully furnished this condominium is a must to inspect.

Key details:

  • Large Bedroom with built-in wardrobe and en-suite bathroom
  • 7th floor with 81.74 sq.m of living space
  • Separate study
  • Ceiling fan located in Lounge room
  • Tiled throughout
  • Fully fitted kitchen with oven, hob, extractor, microwave and fridge-freezer
  • Guest Cloakroom
  • Fly screens
  • Long length balcony with bistro dining set

Features

BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Fully RenovatedFully Renovated Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Feb 8, 2024
Updated 2 weeks ago
Property Type Condo
Floor 7
Bedroom 1
Size 81 SqM
Price per SqM ฿35,802
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%.

Foreign 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) City 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.
N/A
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 U1731446

Investment Opportunity: Charges & Yield

Sale Price
฿2,900,000
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.
15
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 Galae Thong Tower, and the current sales price.
7%

Project Details

Project Name: Galae Thong Tower
Developer: N/A
Construction: Completed (Jan 1995)
Floors: 15
Buildings: N/A
Units: 250
Project Area: N/A
Nearest Landmark Wiang Kum Kam - 2 Km
Location: Pa Daet, Chiang Mai
Galae Thong Tower Project Details

Project Features

Hotel Managed Hotel Managed
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Galae Thong Tower

For Sale 10 For Rent 8
Get notified when new homes are being added to Galae Thong Tower
View All (10)

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Frequently Asked Questions

No pets are allowed at Galae Thong Tower unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Wiang Kum Kam is the nearest Tourist Attraction from Galae Thong Tower and it is 2 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 Galae Thong Tower 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

4.5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Staying in this place is so perfect
Martin Schreiber, Germany, 4 years ago
Staying in this place is so perfect. The staff is so attentive. The room I stayed in is a one-bedroom unit. It’s spacious, and the design is not very luxurious, but fully furnished and well-allocated. My room is on the 11th floor. From the room, I can see a beautiful view of the city and mountains. The security system is quite reliable. Most of the neighbors are expats. This place is not in the city center. Therefore, it is pretty quiet, and people are not crowded. This place is close to Chang Puak Gate and the market, very convenient.
An old-fashioned yet comfortable condominium
Panu Raknim, Thailand, 7 years ago
This condo was built years ago, but it has been well managed. Though the exterior looks aged, the project still has many facilities such as a swimming pool, a garden area, shops, and restaurants. My one-bedroom unit is quite spacious, and it comes fully furnished with electrical appliances. Besides, the atmosphere is comfy and relaxing. The project is surrounded by loads of amenities, and you can take a short stroll to Chiang Mai Night Bazaar and Centralplaza Chiangmai Airport.
Chiang Mai
Pa Daet

Neighborhood Overview

Location and Neighborhood

Street View

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