1 Bedroom Condo for sale at The Unique at Ruamchok

(1 Review)
Fa Ham, Mueang Chiang Mai,Chiang Mai
Unit ID: U787
7% Rental Yield
1 Bedroom
1 Bathroom
51.25 SqM Size
5 Floor
Nov 2014 Completed

About This Condo

This property is a 51.25 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Unique at Ruamchok project in Fa Ham, Chiang Mai and was completed in Nov 2014. You can buy this condo for a base price of ฿4,230,000 (฿82,537/SqM).

A Modern Condo - Life of Convenience & Quality at The Unique at Ruamchok!

The Unique at Ruamchok project located in the Fa Ham district of the northern Thai city of Chiang Mai is the proud home of this incredible condominium opportunity. With a generous 51.25 square metres of floor space split across a living and bedroom area and one full bathroom, this condominium is an ideal choice for first-time buyers, investors or those who appreciate contemporary convenience and quality in an established neighbourhood.This modern condo was completed in 2014 and since then has become an excellent option for buyers seeking convenience and quality. The building's stunning exterior design is immediately eye-catching for prospective buyers – a brightly coloured façade with symmetrical designs dances with the sun and provides a cheerful entry to the interior section.This exclusive apartment boasts a variety of features and amenities. It has also been priced for convenience and value with a base price of ฿4,230,000 (฿82,537/SqM), a great deal for those wanting to take advantage of this unique opportunity. Topping it off is the neighbourhood it is situated in; Fa Ham is an up-and-coming area with a variety of restaurants and cafes, shopping malls and other amenities, making it a great place to settle down.Investors, first-time buyers, and those who appreciate modern convenience and quality will truly be impressed with this property. Come and see the beauty of the The Unique at Ruamchok project and discover the fantastically-priced condo opportunity of a lifetime. Don't wait; enquire today!

Basic Information

Date Listed Nov 3, 2016
Updated 4 years ago
Property Type Condo
Floor 5
Bedroom 1
Size 51.25 SqM
Price per SqM ฿82,537
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%.

Foreign Quota, Thai Quota, Company
Furniture
Unfurnished
View(s) Blocked View
Unit Type 1
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.
฿1,794/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U787

Price Analysis

Above Average
Estimated market value ฿3,965,758
Great
฿3,140,000
Good
Fair
Above
฿5,010,000
Current asking Price: ฿4,230,000 | Rental estimate: ฿25,200/mo
This condo is ฿264,242 ABOVE MARKET (7%) in the Chiang Mai area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
฿4,230,000
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.
฿1,794/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.
14
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 Unique at Ruamchok, and the current sales price.
7%

Project Details

Project Name: The Unique at Ruamchok
Construction: Completed (Nov 2014)
Floors: 7
Buildings: 1
Units: 72
Project Area: 2,208 SqM
Nearest Landmark Ruamchok Mall - 0.3 Km
Location: Fa Ham, Chiang Mai
The Unique at Ruamchok 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
Reception / Lobby Area Reception / Lobby Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Unique at Ruamchok

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at The Unique at Ruamchok

For Sale 7 For Rent 1
Get notified when new homes are being added to The Unique at Ruamchok
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Frequently Asked Questions

No pets are allowed at The Unique at Ruamchok 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 ฿35 per square meter based on the size of indoor area of the property and is ฿1,794 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 Unique at Ruamchok the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Ruamchok Mall is the nearest Shopping Mall from The Unique at Ruamchok 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 The Unique at Ruamchok 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
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A great place, give 10 points.
Chutikarn R., Thailand, 2 years ago
The condo atmosphere is excellent. The room is beautiful and very spacious as well. It is comfortable and has complete facilities, including a swimming pool, a fitness center, car parks, and a strict security system. The location is excellent, next to the Sompoch Chiang Mai 700 Pi Road, opposite Lotus Ruamchok, and is only a 3-minute drive from Central Chiangmai Department Store. It's called as you can go to a single place that includes restaurants, shopping, and banks.
Chiang Mai
Fa Ham

Neighborhood Overview

Location and Neighborhood

Street View

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