1 Bedroom Condo for sale at The New Concept 123

5 (1 Review)
San Phak Wan, Hang Dong,Chiang Mai
Unit ID: U1171124
8% GUAR. RETURN FOR 20 YEARS
฿1,600,000
1 Bedroom
1 Bathroom
39 SqM Size
3 Floor
Jan 2019 Completed

About This Condo

This property is a 39 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The New Concept 123 project in San Phak Wan, Chiang Mai and was completed in Jan 2019. You can buy this condo for a base price of ฿1,600,000 (฿41,026/SqM) and it is also available for long term rentals starting from ฿8,000 per month.

New Concept Condo

New Concept condo. This property has 39.75 sqm with 1 bedroom, 1 bathroom, living room and kitchen and has common fee is 30 baht. Facilities with Communal Pool, Convenience has car Parking ,24H Security and CCTV (Video Surveillance). Nearby Chiang Mai night safari  4.7 km, Royal Park Rajapruek 4.3 km, Makro Hang Dong 3 km and Big C supercenter Hang Dong 4 km.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 3
Bedroom 1
Size 39 SqM
Price per SqM ฿41,026
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) Pool 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.
฿30/mo
Listed By
Private Owner
Date Listed Nov 11, 2022
Last Updated 3 weeks ago
Unit ID U1171124

Investment Opportunity: Charges & Yield

Sale Price
฿1,600,000
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.
฿30/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.
13
Guaranteed Rental Return
8%
Guarantee Duration
20 Years

Project Details

Project Name: The New Concept 123
Developer: N/A
Construction: Completed (Jan 2019)
Floors: 4
Buildings: N/A
Units: 216
Project Area: 14,332 SqM
Nearest Landmark Chiang Mai International Airport - 5 Km
Location: Hang Dong, Chiang Mai
The New Concept 123 Project Details

Project Features

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

Available Units at The New Concept 123

For Sale 1 For Rent 1

Loan Calculator

Frequently Asked Questions

No pets are allowed at The New Concept 123 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chiang Mai International Airport is the nearest Airport from The New Concept 123 and it is 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 The New Concept 123 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

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
New project and very modern
5 Leo Park, South Korea, 2 years ago
A new project is designed very modernly and beautifully. The house's design is unique and suitable for my wife and me to have a lovely family. There are various facilities in the common area such as a swimming pool, car park, and relaxing poolside area. There are both Thai and foreigners living here.
Chiang Mai
San Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The New Concept 123

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
The Palm Garden 4
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
64
Sales Prices
฿2.77M
Monthly Rentals
฿12.1K
Year Built
Aug 2018
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
35
Sales Prices
฿2.3M - ฿3.83M
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
60
Sales Prices
฿9.05M - ฿37.3M
▼ -3.7% underpriced
Monthly Rentals
฿40.3K - ฿85.6K
Year Built
Jan 2010
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
374
Sales Prices
฿3.01M
Monthly Rentals
N/A
Year Built
Feb 2014
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
147
Sales Prices
฿4.03M - ฿4.53M
Monthly Rentals
฿35.2K
Year Built
Oct 2014
Completion Status
Completed
Project Name
Baan Kwanwieng
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
379
Sales Prices
฿2.51M - ฿2.61M
Monthly Rentals
N/A
Year Built
Jan 2017
Completion Status
Completed
Project Name
Malada Maz
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
116
Sales Prices
฿3.68M - ฿8.62M
▼ -2.6% underpriced
Monthly Rentals
N/A
Year Built
Oct 2017
Completion Status
Completed
Project Name
Koolpunt Ville 4
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
56
Sales Prices
฿1.46M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
85
Sales Prices
฿2.72M
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
482
Sales Prices
฿856K
Monthly Rentals
฿4.83K
Year Built
Sep 2018
Completion Status
Completed
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