1 Bedroom Condo for sale at The Next Ruamchok - City Hall

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Fa Ham, Mueang Chiang Mai,Chiang Mai
Unit ID: U1910172
7% Rental Yield
1 Bedroom
1 Bathroom
27 SqM Size
Aug 2024 Completed

About This Condo

This property is a 27 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Next Ruamchok - City Hall project in Fa Ham, Chiang Mai and was completed in Aug 2024. You can buy this condo for a base price of ฿2,200,000 (฿81,481/SqM).

Features

Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Aug 9, 2024
Updated 2 years ago
Property Type Condo
Floor N/A
Bedroom 1
Size 27 SqM
Price per SqM ฿81,481
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

Thai Quota, Company
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) City View, Unblocked Open View
Unit Type 1BR
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.
N/A
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1910172

Investment Opportunity: Charges & Yield

Sale Price
฿2,200,000
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.
15
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 The Next Ruamchok - City Hall, and the current sales price.
7%

Project Details

Developer: Ornsirin Group
Construction: Completed (Aug 2024)
Floors: 4
Buildings: 2
Units: 79
Project Area: N/A
Nearest Landmark: Chiang Mai Bus Terminal 2 Arcade - 2.9 Km
Location: Fa Ham, Chiang Mai
The Next Ruamchok - City Hall 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
Communal Garden Area Communal Garden Area

Available Units at The Next Ruamchok - City Hall

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Next Ruamchok - City Hall unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from The Next Ruamchok - City Hall and it is 2.9 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 Next Ruamchok - City Hall 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.

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Neighborhood Overview

Location and Neighborhood

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