1 Bedroom Condo for sale at Seven Stars Condominium

4.83 (1 Review)
Chang Phueak, Mueang Chiang Mai,Chiang Mai
Unit ID: U1168426
6% Rental Yield
฿1,290,000
1 Bedroom
1 Bathroom
30 SqM Size
6 Floor
Jan 2013 Completed

About This Condo

This property is a 30 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Seven Stars Condominium project in Chang Phueak, Chiang Mai and was completed in Jan 2013. You can buy this condo for a base price of ฿1,290,000 (฿43,000/SqM).

6th Floor, Seven Stars Condo

The condo is located in Chet Yot, 6th floor, Fully furnished and equipped. Has Big wardrobe, 6 feet bed, dressing table, refrigerator,Smart TV, washing machine,Dining table, kitchen set and equipment,security guards, CCTV, parking, convenience stores-restaurants. Near convenience store 7-11, laundry service, coffee shop,Chiang Mai University and 5 minute to Nimman.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 6
Bedroom 1
Size 30 SqM
Price per SqM ฿43,000
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, 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.
฿18,000/mo
Listed By
Private Owner
Date Listed Nov 1, 2022
Last Updated 1 month ago
Unit ID U1168426

Investment Opportunity: Charges & Yield

Sale Price
฿1,290,000
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.
฿18,000/mo
Est. Rent
฿6,960/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 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 Seven Stars Condominium, and the current sales price.
6%

Project Details

Project Name: Seven Stars Condominium
Developer: N/A
Construction: Completed (Jan 2013)
Floors: 6
Buildings: N/A
Units: 248
Project Area: N/A
Nearest Landmark Ched Yod Temple - 0.5 Km
Location: Mueang Chiang Mai, Chiang Mai
Seven Stars Condominium Project Details

Project Features

On Site Restaurant On Site Restaurant
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Seven Stars Condominium

For Sale 7 For Rent 3
Get notified when new homes are being added to Seven Stars Condominium

Loan Calculator

Frequently Asked Questions

No pets are allowed at Seven Stars 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 ฿600 per square meter based on the size of indoor area of the property and is ฿18,000 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.
Ched Yod Temple is the nearest Temple from Seven Stars Condominium and it is 0.5 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 Seven Stars 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
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice condo in the heart of the city.
4.8 Mark Murphy, Australia, 6 years ago
My one-bedroom unit is very spacious and decorated with quality furniture as well. Most importantly, this condo is located in the city's heart, close to many famous shopping malls such as Maya Shopping Center and One Nimman. It is very suitable for people who like to live in the city like me. Unfortunately, this project doesn't have a swimming pool and fitness center like other places do, but there are also shops inside the project, including good restaurants that single people like me go to eat often. Very good!
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

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