2 Bedroom Condo for sale at The Astra Condo

(8 Reviews)
Chang Khlan, Mueang Chiang Mai,Chiang Mai
Unit ID: U149140
5% Rental Yield
2 Bedrooms
2 Bathrooms
48.50 SqM Size
12 Floor
Oct 2017 Completed

About This Condo

This property is a 48.50 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the The Astra Condo project in Chang Khlan, Chiang Mai and was completed in Oct 2017. You can buy this condo for a base price of ฿5,350,000 (฿110,309/SqM).

Features

Pool AccessPool Access Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Dec 7, 2018
Updated 3 years ago
Property Type Condo
Floor 12
Bedrooms 2
Size 48.50 SqM
Price per SqM ฿110,309
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) Mountain View, 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.
฿2,668/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U149140

Price Analysis

Great Price
Estimated market value ฿6,051,069
Great
฿5,610,000
Good
Fair
Above
฿6,600,000
Current asking Price: ฿5,350,000 | Rental estimate: ฿21,700/mo
This condo is ฿701,069 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.
Powered by FazWaz AVM

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.
฿2,668/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.
20
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 2 bedroom condos at The Astra Condo, and the current sales price.
5%

Project Details

Project Name: The Astra Condo
Developer: Ornsirin Group
Construction: Completed (Oct 2017)
Floors: 17
Buildings: 2
Units: 589
Project Area: 8,557 SqM
Nearest Landmark Warorot Market - 1.4 Km
Location: Chang Khlan, Chiang Mai
The Astra Condo Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Spa Spa
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Astra Condo

  • Communal Pool
    16th Floor
  • Communal Gym
    16th Floor
Close
YOU MISSED THAT DEAL!
This condo was reserved by another buyer but check out these similar properties

Available Units at The Astra Condo

For Sale 9 For Rent 9
Get notified when new homes are being added to The Astra Condo
View All (9)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Astra Condo 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 ฿55 per square meter based on the size of indoor area of the property and is ฿2,668 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 Astra Condo the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Warorot Market is the nearest Market from The Astra Condo and it is 1.4 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 Astra Condo you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿50,000
2nd Installment
On handover
100%

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

Do you own a property at The Astra Condo?

Find out how much your property is worth and start your listing for free.

Reviews

4.5 out of 5
Based on
8 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
great
Verified Current Resident, 7 months ago
The ceiling of an apartment in Chiang Mai,The ceiling of Chiang Mai apartment, suitable for all who like to live in Chiang Mai, service management and complete facilities, convenient shopping travel and eating, the perfect place
The location of this project is superb
Margrett Kauffman, United States, 4 years ago
I love that the project is in the city center of Chiang Mai, so it's quite convenient to travel and live here. Nearby, there are restaurants and convenience stores. In only 15 minutes, you can get to Maya Mall, which is not far at all. The project looks modern. My 1-bedroom unit is on the 15th floor. The view is so stunning, and the entire space is windy. The units are quite dense, so the area is crowded with the residents. It can sometimes be noisy, but I didn't find any problem after informing the juristic person anymore.
Good location
Dan S., United Kingdom, 4 years ago
The project is in a good location of the Chiang Mai's center, close to many attractions such as the Chiang Mai night market and Chiang Mai Gate. The condo is well known among taxi and tuk-tuk drivers, so it's quite convenient to get there. It's quite clean inside the project, and the staff is so helpful. The stunning infinity-edge swimming pool is what my friends and I love the most. Also, there is a gym and sauna. The room I rent comes with a complete set of furniture. I can adore the breathtaking city view. It's a memorable time staying here.
Clean rooms, affordable prices.
Wendolyn Bertone, Brazil, 4 years ago
We can stay here comfortably without using a private car because it is located in Chiang Mai City and close to night markets, restaurants, and many other amenities. Here, many public cars are running throughout the day. The price is also low. We can easily take the bus. This condo is situated in Chiang Mai city, which we can see Chaing Mai city view from our room. Also, there is a swimming pool and a well-equipped fitness room. Personally, I am happy to choose to stay here. If there is a chance to visit Chiang Mai, I'd like to rent here again.
Luxurious condo in the heart of Chiang Mai, convenient transportation
Dan Henrich, South Africa, 5 years ago
I decided to buy The Astra Condo in Chiang Mai because I have to move here for the long term. This condo has a perfect location because it's in the heart of the city on Chang Klan Road. It is very convenient to travel and close to shopping centers, restaurants, department stores, and various community malls as well. I also like the design and decoration in a modern style with a touch of Lanna, making every room look beautiful and unique. The common areas are complete with a fitness center, a spa, a sauna, and an infinity-edge pool. I am very impressed with this place. Not disappointed at all!
Condo in the city center
Molly Queener, Sweden, 5 years ago
The location of the condo is ideal near shopping centers, restaurants, and department stores. The room was designed perfectly with a touch of Lanna and modernity, which is unique. I stay in a 1-bedroom unit. It was clean and functional, including the living area, dining area, and kitchen, which would satisfy people who love cooking. The project has many room types, from 1 to 3 bedrooms and Penthouse. So, it's suitable for family or individuals. The common area has many facilities such as a gym, sauna, spa, and infinity-edge pool. Super modern! You can also enjoy the view from Doi Suthep from the pool. It's a shame that the pool is quite small and a bit dark. The security system meets the standard from key card access, CCTV to security guards for 24 hours. It makes me feel safe and comfortable during my stay.
Condo in the city center near walking street
Bob Kevin, New Zealand, 5 years ago
This condo is located near the Night Bazaar and not far from the old town. There are many shops in the neighborhood. What is not impressive is that there will be many people during the Chiang Mai high season, and I have to stay in the room. Going anywhere is difficult. However, the condo is considered designed to meet the residents' needs. There is also a fitness room and a swimming pool. Sometimes crowded, and here there are many Chinese residents. There are both monthly and daily guest customers.
Excellent location!
Peter Karls, United States, 5 years ago
The condo is located in a fantastic location, in the heart of Chiang Mai city. It is a quality location surrounded by amenities such as schools, shopping malls, walking street, and famous tourist spots like Tha Pae and Chiang Mai Gate. There is a new project, 17 floors high in luxury and stylish design. The project is well managed. There is a swimming pool, fitness center, and ample parking space. Very nice one!
Chiang Mai
Chang Khlan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Astra Condo

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
Twin Peaks
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
฿6.3M - ฿23M
▲ 7% overpriced
Monthly Rentals
฿15K - ฿52K
Year Built
Dec 2012
Completion Status
Completed
Project Name
Peaks Avenue
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
28
Sales Prices
฿13M - ฿25M
▼ -21.3% underpriced
Monthly Rentals
฿75K
Year Built
Dec 2015
Completion Status
Completed
Project Name
Peaks Garden
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
77
Sales Prices
฿3.35M - ฿16M
▼ -29% underpriced
Monthly Rentals
฿19K - ฿55K
Year Built
Dec 2006
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿1.7M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
44
Sales Prices
฿22.5M - ฿27M
▼ -12.3% underpriced
Monthly Rentals
฿120K
Year Built
Sep 2016
Completion Status
Completed
Project Name
Astra Sky River
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
520
Sales Prices
฿4.05M - ฿4.59M
▲ 1% overpriced
Monthly Rentals
฿28K - ฿30K
Year Built
Dec 2021
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
108
Sales Prices
฿2.65M - ฿26.7M
▲ 11.8% overpriced
Monthly Rentals
฿15K - ฿25K
Year Built
Aug 2014
Completion Status
Completed
Project Name
The Erawan Condo
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
84
Sales Prices
฿3.8M - ฿16.8M
▼ -22% underpriced
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
Project Name
Ping Condominium
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
76
Sales Prices
฿1.19M
Monthly Rentals
฿8K
Year Built
Dec 2013
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
77
Sales Prices
฿1.6M - ฿2.79M
Monthly Rentals
฿10K - ฿20K
Year Built
Jan 2017
Completion Status
Completed
Back to top
  • Fazwaz Group Sites www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es www.fazwaz.jp www.fazwaz.co.kr