Punna Residence 2@Nimman

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Suthep, Mueang Chiang Mai,Chiang Mai

Unit ID: U172262
4% Rental Yield
฿5,500,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
77 SqM Size
Construction
Nov 2010 Completed

1 Bedroom Condo for sale at Punna Residence 2@Nimman

This property is a 77 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Punna Residence 2@Nimman project in Suthep, Chiang Mai and was completed in Nov 2010. You can buy this condo for a base price of ฿5,500,000 (฿71,429/SqM) and it is also available for long term rentals starting from ฿19,990 per month.

Spacious 1BR corner room with noise reduction windows

Newly decorated 1BR & bathroom corner unit, fully furnished with western kitchen.

- large living cum dining room.
- 2 x aircons.
- double glazed windows for noise reduction and insulation.
- 77 sqmts, large wrap around L shaped balcony with patio furniture.
- 2 x TV in living and bed rooms
- hot water in bathroom and kitchen
- bathtub
- kitchen fitted with 4 hob cooker
- oven, microwave oven, washing machine, blender, cutlery, crockery, pots and pans
- common area pool & fitness centre

Features

Private LiftPrivate Lift Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Property Type Condo
Floor N/A
Bedroom 1
Size 77 SqM
Price per SqM ฿71,429
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%.

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) 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.
฿2,310/mo
Listed By
Private Owner
Date Listed Sep 11, 2019
Last Updated 1 month ago
Unit ID U172262

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿5,500,000
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.
฿2,310/mo
Rent
฿19,990/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.
23
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.
4%

Project Details

Project Name: Punna Residence 2@Nimman
Developer: Punna Development
Construction: Completed (Nov 2010)
Floors: 8
Buildings: N/A
Units: 79
Project Area: N/A
Nearest Landmark Han Teung Chiang Mai ( @Chiang Mai ) - 0.2 Km
Location: Suthep, Mueang Chiang Mai, Chiang Mai
Punna Residence 2@Nimman 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Available Units at Punna Residence 2@Nimman

For Sale 3 For Rent 1
Get notified when new homes are being added to Punna Residence 2@Nimman

Loan Calculator

Frequently asked questions

The common area maintenance fee is ฿30 per square meter based on the size of indoor area of the property and is ฿2,310 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.
Han Teung Chiang Mai ( @Chiang Mai ) is the nearest Neighborhood from Punna Residence 2@Nimman and it is 0.2 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 Punna Residence 2@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
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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Suthep

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