1 Bedroom Condo for sale at Chiang Mai Riverside Condominium

(1 Review)
Nong Hoi, Mueang Chiang Mai,Chiang Mai
Unit ID: U154745
6% Rental Yield
1 Bedroom
1 Bathroom
42 SqM Size
17 Floor
Aug 2012 Completed

About This Condo

This property is a 42 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Chiang Mai Riverside Condominium project in Nong Hoi, Chiang Mai and was completed in Aug 2012. You can buy this condo for a base price of ฿1,800,000 (฿42,857/SqM).

Live the Dream: Chiang Mai Riverside Delight

Situated in the desirable Chiang Mai Riverside Condominium project in Nong Hoi, this spectacular condo offers the perfect living solution for discerning buyers. Only recently completed in August of 2012, it is immediately available for purchase.The 42 SqM condo boasts a single bedroom and full bathroom, more than enough for a comfortable lifestyle. The contemporary design and elegant décor combine to create an airy and welcoming atmosphere, ideally suited for relaxation and enjoyment.The base price for the condo is an affordable ฿1,800,000 (฿42,857/SqM) and it is also available for long term rentals, with rental prices starting from ฿8,000 per month. Whether you are looking for a property of your own or an investment opportunity, this condo is a perfect choice. This stunning property is certain to capture your heart and all of its luxuries will make you truly come alive. Don't wait another day - enquire today.

Features

Private PoolPrivate Pool Pool AccessPool Access BalconyBalcony Outdoor ShowersOutdoor Showers Washing MachineWashing Machine MicrowaveMicrowave TVTV Cable TVCable TV TruevisionTruevision Pool Cleaning IncludedPool Cleaning Included

Basic Information

Date Listed Mar 23, 2023
Updated 7 months ago
Property Type Condo
Floor 17
Bedroom 1
Size 42 SqM
Price per SqM ฿42,857
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) River or Canal View, Mountain View, Park View, City View, Pool View, Garden View
Unit Type N/A
Building Riverside Condo Chiang Mai
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.
฿666/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U154745

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.
฿666/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.
16
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.
6%

Project Details

Developer: Vorrawut Group
Construction: Completed (Aug 2012)
Floors: 18
Buildings: 1
Units: 500
Project Area: 6,800 SqM
Nearest Landmark Wiang Kum Kam - 2.1 Km
Location: Nong Hoi, Chiang Mai
Chiang Mai Riverside Condominium Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Key card access Key card access

Popular Facilities at Chiang Mai Riverside Condominium

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    3rd Floor
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Floor 17 Floor
Thai Quota Fully Furnished Unblocked Open View
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฿38,043/SqM
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Thai Quota Mountain View
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฿1,690,000
฿36,739/SqM
Beds 1 Beds
Baths 1 Baths
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Thai Quota Fully Furnished Unblocked Open View
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Beds Studio Beds
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Thai Quota Fully Furnished River or Canal View
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฿38,043/SqM
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Get notified when new homes are being added to Chiang Mai Riverside Condominium
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Frequently Asked Questions

No pets are allowed at Chiang Mai Riverside Condominium 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 ฿15 per square meter based on the size of indoor area of the property and is ฿666 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.
Wiang Kum Kam is the nearest Tourist Attraction from Chiang Mai Riverside Condominium and it is 2.1 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 Chiang Mai Riverside Condominium 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
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FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Another quality condo project in Chiang Mai
Latina G., Thailand, 5 years ago
It's a great condo and worth the price. I enjoyed my stay here. I'm impressed with the project's design. It is livable. The room is very spacious. There is enough space to use and well-organized areas. Moreover, the furniture is luxurious and durable. There are many fantastic facilities, such as a gym, a pool, etc. This place is also close to amenities. Super convenient! The neighbors are friendly. The staff is excellent. Overall, this place is great.
Chiang Mai
Nong Hoi

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