1 Bedroom Condo for sale at Trams Condominium 1

(1 Review)
Chang Phueak, Mueang Chiang Mai,Chiang Mai
Unit ID: U1025252
1 Bedroom
1 Bathroom
40 SqM Size
5 Floor
Feb 2014 Completed

About This Condo

This property is a 40 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Trams Condominium 1 project in Chang Phueak, Chiang Mai and was completed in Feb 2014. You can buy this condo for a base price of ฿2,200,000 (฿55,000/SqM).

Luxury 1 bedroom in Nimman area

Price Reduced to 2.2 mio baht (negotiable) 1 bedroom for sale in a luxury condo near Maya mall and Nimman area Foreign quota Luxury Trams 1 condominium 40 sqm. Fully furnished: Western style kitchen with XL fridge, stove (4), oven, electric kettle and all kitchen utensiles. Cozy separate bedroom with queen size bed with sheets and pillows. Bathroom with hot shower and towels. Equipped with 2 air conditioner, 1 smart TV, wifi available and Digital lock. Secure building with CCTV and Security guard. Parking, elevators and front desk reception and administration open every day. Located on 5th floor. Great rooftop garden with facilities: fitness, business room for meeting, study room, ping pong, snooker, entertainment room with home cinema. Best access to shopping center 10 minutes walk such as Maya Mall, Think park, Nimman shopping street. Next door 7/11, food park, post office, automatic laundry, ATM. Chiang Mai University CMU 1.4 km. Siriphat medical center 3.7 km and Chiang Mai RAM hospital 2.6 km. Best access to around Chiang Mai and other Provinces by Superhighway n.11 and Canal Rd - khlongcho rd n. 121

Features

BalconyBalcony Full Western KitchenFull Western Kitchen

Basic Information

Date Listed Aug 30, 2021
Updated 2 years ago
Property Type Condo
Floor 5
Bedroom 1
Size 40 SqM
Price per SqM ฿55,000
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
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
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.
฿35/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1025252

Price Analysis

Great Price
Estimated market value ฿2,497,337
Great
฿2,460,000
Good
Fair
Above
฿2,500,000
Current asking Price: ฿2,200,000 | Rental estimate: ฿8,400/mo
This condo is ฿297,337 BELOW MARKET (-12%) 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

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.
฿35/mo

Project Details

Project Name: Trams Condominium 1
Construction: Completed (Feb 2014)
Floors: 8
Buildings: N/A
Units: 166
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.7 Km
Location: Chang Phueak, Chiang Mai
Trams Condominium 1 Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Close
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Frequently Asked Questions

No pets are allowed at Trams Condominium 1 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Trams Condominium 1 and it is 0.7 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 Trams Condominium 1 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
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FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
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Price Rating : Fair Price

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Reviews

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The condo is surrounded by many amenities.
Josh Kenner, United Kingdom, 7 years ago
It is another condominium with a simple and beautiful design, giving a touch of modernity. It also focuses on energy saving. My 1 bedroom rental unit is a good size, and the interior is decorated with quality furniture as well. The common area has complete facilities such as a swimming pool, fitness, and sauna. In addition to the facilities, the project area is filled with a number of shops, restaurants, famous department stores such as Maya Lifestyle Shopping Center and Centralplaza Chiangmai Airport, which makes my life much more comfortable than before. Now I'm thinking of renting a room here for a long time.
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

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