Vieng Ping Mansion

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Chang Phueak, Mueang Chiang Mai,Chiang Mai

Unit ID: U476284
6% Rental Yield
฿2,990,000
Bedroom
2 Bedrooms
Bathroom
1 Bathroom
Indoor Area
62 SqM Size
Floors
13 Floor
Construction
Nov 2012 Completed

2 Bedroom Apartment for sale at Vieng Ping Mansion

This property is a 62 SqM apartment with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Vieng Ping Mansion project in Chang Phueak, Chiang Mai and was completed in Nov 2012. You can buy this apartment for a base price of ฿2,990,000 (฿48,226/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

Nimmanhaemin road, top location, 2BR views ★★★★★

😍Vieng Ping Mansion "next to Maya shopping mall" for Sale at only 100,000 baht down payment and the flat is yours. 😍Located on Nimmanhaemin (Top location) in Chiang Mai city, a perfect location with amazing views of the mountain. 😍Private finance available for up to 10 years. 🤙62 Sq.m., 13 floors in foreign name with an amazing view 🤙1 bedroom, sofa bed in living room 1 full bathroom with a toilet and full kitchen, and 1 balcony with washing machine. 🤙45 inches Smart LED TV (Living room and bedroom have smaller tv). 🤙Included English channels and Internet 🤙Badminton next door as bakery 🤙Fully furnished, tiled floors, modern kitchen, marble countertops, 🤙Free Internet/Wifi 5G 🤙Includes all bedding and towels, most cooking and dining equipment. 🤙Fitness with amazing pool 🤙Covered parking, fresh paint inside and out. 🤙All faucets have hot water. 🤙Close to the airport. This quiet flat with amazing views is held in a foreign name. (Transfer 50/50)

Features

Pool AccessPool Access TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Wifi IncludedWifi Included Fully RenovatedFully Renovated (2019) Renovated KitchenRenovated Kitchen (2019) Renovated BathroomRenovated Bathroom (2019) Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV Cable TVCable TV TruevisionTruevision Pool Cleaning IncludedPool Cleaning Included

Basic Information

Property Type Apartment
Floor 13
Bedrooms 2
Size 62 SqM
Price per SqM ฿48,226
Apartment 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
Unit Type N/A
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿500/mo
Listed By
Private Owner
Date Listed Apr 25, 2020
Last Updated 3 weeks ago
Unit ID U476284

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿2,990,000
CAM Fee

These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.

฿500/mo
Rent
฿15,000/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.

17
Rental Yield

This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.

6%

Project Details

Project Name: Vieng Ping Mansion
Developer: N/A
Construction: Completed (Nov 2012)
Floors: 15
Buildings: N/A
Units: 98
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center -0.1 Km
Location: Chang Phueak, Mueang Chiang Mai, Chiang Mai
Vieng Ping Mansion Project Details

Project Features

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

Available Units at Vieng Ping Mansion

For Sale 4 For Rent 1
Get notified when new homes are being added to Vieng Ping Mansion

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Frequently asked questions

No pets are allowed at Vieng Ping Mansion 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 for properties at Vieng Ping Mansion is a fixed amount of ฿500. This amount 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.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Vieng Ping Mansion and it is 0.1 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.

 

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After you have found the right property at Vieng Ping Mansion you have to follow these steps:

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

 


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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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Previous Sales (Secondary Market) at Vieng Ping Mansion

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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