1 Bedroom Condo for sale at Palm Springs Nimman

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Suthep, Mueang Chiang Mai,Chiang Mai
Unit ID: U1167696
฿3,900,000
1 Bedroom
1 Bathroom
35 SqM Size
7 Floor
Aug 2015 Completed

About This Condo

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Palm Springs Nimman project in Suthep, Chiang Mai and was completed in Aug 2015. You can buy this condo for a base price of ฿3,900,000 (฿111,429/SqM).

Palm Springs Nimman (Areca)

Palm Springs Nimman (Areca) is the best view in nimman ,city and mountain view and has fully furniture including air conditioner, TV, washing machine, refrigerator, water heater, microwave, hot water kettle.The only building in Nimman without Airbnb. The central portion of the city One nimman, MAYA, Suan Dok Hospital, CMU and have many restaurants. Security  24 hours.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 7
Bedroom 1
Size 35 SqM
Price per SqM ฿111,429
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, 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.
฿1,575/mo
Listed By
Private Owner
Date Listed Oct 29, 2022
Last Updated 4 weeks ago
Unit ID U1167696

Investment Opportunity: Charges & Yield

Sale Price
฿3,900,000
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.
฿1,575/mo

Project Details

Project Name: Palm Springs Nimman
Construction: Completed (Aug 2015)
Floors: 7
Buildings: N/A
Units: 62
Project Area: N/A
Nearest Landmark Nimman - 0.3 Km
Location: Mueang Chiang Mai, Chiang Mai
Palm Springs Nimman Project Details

Project Features

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

Available Units at Palm Springs Nimman

Loan Calculator

Frequently Asked Questions

The common area maintenance fee is ฿45 per square meter based on the size of indoor area of the property and is ฿1,575 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 Palm Springs Nimman the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Nimman is the nearest Neighborhood from Palm Springs Nimman and it is 0.3 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 Palm Springs Nimman 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
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FazWaz Estimate : ฿179,999
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Price Rating : Fair Price

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Chiang Mai
Suthep

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Location and Neighborhood

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Projects Nearby Palm Springs Nimman

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Location
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