1 Bedroom Condo for sale at Supanich Condo

(1 Review)
Wat Ket, Mueang Chiang Mai,Chiang Mai
Unit ID: U85193
9% Rental Yield
1 Bedroom
1 Bathroom
48 SqM Size
Dec 2005 Completed

About This Condo

This property is a 48 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Supanich Condo project in Wat Ket, Chiang Mai and was completed in Dec 2005. You can buy this condo for a base price of ฿1,290,000 (฿26,875/SqM).

Basic Information

Date Listed Oct 9, 2019
Updated 4 years ago
Property Type Condo
Floor N/A
Bedroom 1
Size 48 SqM
Price per SqM ฿26,875
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%.

Thai Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly 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.
฿1,200/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U85193

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.
฿1,200/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.
11
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 Supanich Condo, and the current sales price.
9%

Project Details

Project Name: Supanich Condo
Developer: N/A
Construction: Completed (Dec 2005)
Floors: 8
Buildings: N/A
Units: 40
Project Area: N/A
Nearest Landmark Chiang Mai Railway Station - 0.3 Km
Location: Wat Ket, Chiang Mai
Supanich Condo 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
Communal Garden Area Communal Garden Area
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Available Units at Supanich Condo

For Sale 4 For Rent 2
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Frequently Asked Questions

No pets are allowed at Supanich Condo 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 ฿25 per square meter based on the size of indoor area of the property and is ฿1,200 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.
Chiang Mai Railway Station is the nearest Railway Station from Supanich Condo 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 Supanich Condo 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

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FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
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Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Nice condo, spacious room
Abbie Susan, United Kingdom, 7 years ago
It's a nice place to stay, the room is clean and well furnished. The one-bedroom unit is considerably massive compared to other condos. The atmosphere is private, quiet, and not busy because there are not so many rooms and many people, which is a plus when using the swimming pool. It is not far from CM PART CENTER, which has marts and many bistros. The only drawback here is that the project is in a deep alley, quite far from the main road, so I recommend renting the bike or car as it will be more convenient.
Chiang Mai
Wat Ket

Neighborhood Overview

Location and Neighborhood

Street View

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