2 Bedroom Condo for sale at Sky Breeze Condo

(1 Review)
Suthep, Mueang Chiang Mai,Chiang Mai
Unit ID: U166777
6% Rental Yield
2 Bedrooms
1 Bathroom
84.50 SqM Size
9 Floor
Dec 1994 Completed

About This Condo

This property is a 84.50 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Sky Breeze Condo project in Suthep, Chiang Mai and was completed in Dec 1994. You can buy this condo for a base price of ฿4,600,000 (฿54,438/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Oct 9, 2019
Updated 3 years ago
Property Type Condo
Floor 9
Bedrooms 2
Size 84.50 SqM
Price per SqM ฿54,438
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
Unfurnished
View(s) City View, Blocked 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.
N/A
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U166777

Price Analysis

Great Price
Estimated market value ฿9,069,855
Great
฿5,640,000
Good
Fair
Above
฿11,200,000
Current asking Price: ฿4,600,000 | Rental estimate: ฿24,400/mo
This condo is ฿4,469,855 BELOW MARKET (-49%) 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
฿4,600,000
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.
16
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 Sky Breeze Condo, and the current sales price.
6%

Project Details

Project Name: Sky Breeze Condo
Construction: Completed (Dec 1994)
Floors: 11
Buildings: N/A
Units: 130
Project Area: N/A
Nearest Landmark Han Teung Chiang Mai ( @Chiang Mai ) - 0.9 Km
Location: Suthep, Chiang Mai
Sky Breeze Condo Project Details

Project Features

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

Available Units at Sky Breeze Condo

For Sale 4 For Rent 6
Get notified when new homes are being added to Sky Breeze Condo
View All (4)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Sky Breeze Condo unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Han Teung Chiang Mai ( @Chiang Mai ) is the nearest Neighborhood from Sky Breeze Condo and it is 0.9 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.

 

Read more here

After you have found the right property at Sky Breeze Condo 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 good place to stay
Jaeyoung Park, South Korea, 4 years ago
From December 2013 to May 2019, our family lived in the condo. Our room is large, with three bedrooms. The owner keeps the room in good condition. All of the furniture is modern and well-kept. The project has a lovely pool, garden, and plenty of parking for all residents. The project location is excellent, but there will be a lot of traffic during rush hour since it is an important business district in downtown Chiang Mai and close to the Nimman Intersection. In addition, it takes only 15 minutes to travel to Chiang Mai International Airport.
Chiang Mai
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Sky Breeze 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
Stylish Chiangmai
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
99
Sales Prices
฿2.99M - ฿8.5M
▼ -13% underpriced
Monthly Rentals
N/A
Year Built
Dec 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
78
Sales Prices
฿2.1M - ฿2.55M
▼ -14% underpriced
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
44
Sales Prices
฿2.4M - ฿2.5M
Monthly Rentals
฿10K
Year Built
May 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
152
Sales Prices
฿2.74M
Monthly Rentals
N/A
Year Built
Nov 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
59
Sales Prices
฿1.45M - ฿5.6M
Monthly Rentals
฿18K - ฿25K
Year Built
Dec 2009
Completion Status
Completed
Project Name
Baan Hor Kum
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
112
Sales Prices
฿2.6M
▼ -20% underpriced
Monthly Rentals
N/A
Year Built
Dec 1996
Completion Status
Completed
Project Name
Punna Residence 5
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
136
Sales Prices
฿2.2M - ฿11M
▼ -22% underpriced
Monthly Rentals
฿18K - ฿29K
Year Built
Nov 2009
Completion Status
Completed
Project Name
Play Condominium
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
65
Sales Prices
฿3.75M - ฿12.2M
▲ 23.5% overpriced
Monthly Rentals
฿18K - ฿22K
Year Built
Apr 2016
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
165
Sales Prices
฿4.2M
▼ -30% underpriced
Monthly Rentals
N/A
Year Built
Sep 2008
Completion Status
Completed
Project Name
The Hill Park
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
120
Sales Prices
฿2M
▼ -30% underpriced
Monthly Rentals
N/A
Year Built
Oct 1998
Completion Status
Completed
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