1 Bedroom Condo for sale at The 8 Condominium

(1 Review)

Chang Phueak, Mueang Chiang Mai,Chiang Mai

Unit ID: U5335035

7% Rental Yield

1 Bedroom

1 Bathroom

40.99 SqM Size

Jul 2018 Completed

(1 Review)

Sale Price

฿3,402,170

Street View

About This Condo

This property is a 40.99 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The 8 Condominium project in Chang Phueak, Chiang Mai and was completed in Jul 2018. You can buy this condo for a base price of ฿3,402,170 (฿83,000/SqM).

Features

Balcony

Basic Information

Date Listed Mar 10, 2025

Updated 1 year ago

Property Type Condo

Floor N/A

Bedroom 1

Size 40.99 SqM

Price per SqM ฿83,000

Pets Not Allowed

Condo Ownership

Foreign Quota, Thai Quota

Furniture

Fully Furnished

View(s) City View

Unit Type N/A

Building N/A

CAM Fee

฿2,050/mo

Listed By

Developer

Electricity Price N/A

Water Price N/A

Unit ID U5335035

Investment Opportunity: Charges & Yield

Sale Price

฿3,402,170

CAM Fee

฿2,050/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: The 8 Condominium

Developer: The 8 Estate

Construction: Completed (Jul 2018)

Floors: 4

Buildings: N/A

Units: 61

Project Area: N/A

Nearest Landmark: Ched Yod Temple - 1.1 Km

Location: Chang Phueak, Chiang Mai

The 8 Condominium Project Details

Project Features

On Site Restaurant

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Available Units at The 8 Condominium

Loan Calculator

Frequently Asked Questions

No pets are allowed at The 8 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 ฿50 per square meter based on the size of indoor area of the property and is ฿2,050 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 The 8 Condominium the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.

Ched Yod Temple is the nearest Temple from The 8 Condominium and it is 1.1 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.

After you have found the right property at The 8 Condominium you have to follow these steps:

- Agreement of terms and conditions
- Reservation Agreement
- Reservation Deposit
- Sales and Purchase Agreement
- Settlement & Transfer

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.

Reviews

4.3 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

A 4-story condo is superb. The design is stylish and it’s close to the department store.

Zina Raia, India, 6 years ago

I bought this room from this project for a year now. I like that this condo has only four stories. The design of any design is stylish and suitable for the new generation like me. My room is a two-bedroom, two-bathroom unit. The size of the room is about 60 sq.m. For me, it is perfect as I stay alone. There are also many project facilities like the swimming pool, the fitness, and the reliable security system, giving you peace of mind. Plus, the location is great as it's close to department stores, shops, restaurants, and airports. I think it's super worthwhile. Oh, I forgot to mention that my room is beautifully decorated, all furniture and accessories are ready to move in. It is my favorite thing about buying a second-hand condo. You do not need a lot of decorations, which saves a lot of money. There is a slight disadvantage in that it is impossible to own pets as it might disturb the neighbors, so I stayed alone because I couldn't bring the cat with me.

Chiang Mai

Chang Phueak