2 Bedroom Condo for sale at The Spring Loft

(6 Reviews)
Fa Ham, Mueang Chiang Mai,Chiang Mai
Unit ID: U621158
2 Bedrooms
1 Bathroom
62 SqM Size
1 Floor
Oct 2022 Completed

About This Condo

This property is a 62 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the The Spring Loft project in Fa Ham, Chiang Mai and was completed in Oct 2022. You can buy this condo for a base price of ฿5,175,000 (฿83,468/SqM).

Features

DuplexDuplex BalconyBalcony Washing MachineWashing Machine TVTV

Basic Information

Date Listed Jun 18, 2020
Updated N/A
Property Type Condo
Floor 1
Bedrooms 2
Size 62 SqM
Price per SqM ฿83,468
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
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 2BR Loft
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.
฿4,030/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U621158

Price Analysis

Great Price
Estimated market value ฿5,960,623
Great
฿5,410,000
Good
Fair
Above
฿6,250,000
Current asking Price: ฿5,175,000 | Rental estimate: ฿21,200/mo
This condo is ฿785,623 BELOW MARKET (-13%) 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.
฿4,030/mo

Project Details

Project Name: The Spring Loft
Construction: Completed (Oct 2022)
Floors: 4
Buildings: 3
Units: 43
Project Area: 1,945 SqM
Nearest Landmark Chiang Mai International Airport - 7.6 Km
Location: Fa Ham, Chiang Mai
The Spring Loft Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Car Parking Car Parking
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Communal Garden Area Communal Garden Area

Popular Facilities at The Spring Loft

  • Communal Pool
    1st Floor
  • Co-Working Space / Meeting Room
    2nd Floor
  • Communal Gym
    1st Floor
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This condo was reserved by another buyer but check out these similar properties

Available Units at The Spring Loft

For Sale 15 For Rent 2
Available Units at The Spring Loft
฿2,958,000
฿86,038/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.38 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at The Spring Loft
฿2,958,000
฿86,038/SqM
Beds 1 Beds
Baths 1 Baths
Size 34.38 SqM Size
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Foreign Quota Fully Furnished City View
Available Units at The Spring Loft
฿2,962,000
฿86,030/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.43 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at The Spring Loft
฿2,697,500
฿65,793/SqM
Beds 1 Beds
Baths 1 Baths
Size 41 SqM Size
Floor 6 Floor
Fully Furnished City View
Available Units at The Spring Loft
฿2,963,000
฿86,034/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.44 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at The Spring Loft
฿3,000,000
฿93,023/SqM
Beds 1 Beds
Baths 1 Baths
Size 32.25 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at The Spring Loft
฿2,968,000
฿87,089/SqM
Beds 1 Beds
Baths 1 Baths
Size 34.08 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at The Spring Loft
฿3,334,000
฿98,145/SqM
Beds 1 Beds
Baths 1 Baths
Size 33.97 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Available Units at The Spring Loft
฿4,270,000
฿84,387/SqM
Beds 1 Beds
Baths 1 Baths
Size 50.60 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at The Spring Loft
฿4,277,000
฿84,426/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 50.66 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at The Spring Loft
฿4,277,000
฿84,426/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 50.66 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at The Spring Loft
฿4,363,000
฿86,311/SqM
Beds 1 Beds
Baths 1 Baths
Size 50.55 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at The Spring Loft
฿4,388,000
฿87,410/SqM
Beds 1 Beds
Baths 1 Baths
Size 50.20 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished City View
Available Units at The Spring Loft
฿4,665,000
฿84,741/SqM
Beds 1 Beds
Baths 1 Baths
Size 55.05 SqM Size
Floor 1 Floor
Foreign Quota Fully Furnished City View
Available Units at The Spring Loft
฿4,678,000
฿84,808/SqM
Beds 1 Beds
Baths 1 Baths
Size 55.16 SqM Size
Floor 1 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to The Spring Loft
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Loan Calculator

Payment Plan

Standard 1 Bedroom Unit - Thai Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿70,000
Down Payment
1 months after contract signing
10%
3rd Installment
On handover
90%
Loft and 2 Bedroom Unit - Thai Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿100,000
Down Payment
1 months after contract signing
10%
3rd Installment
On handover
90%
Standard 1 Bedroom Unit - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿70,000
Down Payment
1 months after contract signing
30%
3rd Installment
On handover
70%
Loft and 2 Bedroom Unit - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿100,000
Down Payment
1 months after contract signing
30%
3rd Installment
On handover
70%

Frequently Asked Questions

No pets are allowed at The Spring Loft 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 ฿65 per square meter based on the size of indoor area of the property and is ฿4,030 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 Spring Loft the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Chiang Mai International Airport is the nearest Airport from The Spring Loft and it is 7.6 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 Spring Loft you have to follow these steps:

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

 


Standard 1 Bedroom Unit - Thai Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿70,000
Down Payment
1 months after contract signing
10%
3rd Installment
On handover
90%
Loft and 2 Bedroom Unit - Thai Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿100,000
Down Payment
1 months after contract signing
10%
3rd Installment
On handover
90%
Standard 1 Bedroom Unit - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿70,000
Down Payment
1 months after contract signing
30%
3rd Installment
On handover
70%
Loft and 2 Bedroom Unit - Foreign Quota
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
฿100,000
Down Payment
1 months after contract signing
30%
3rd Installment
On handover
70%

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

4.6 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Unique condo
Carina Caballero, Spain, 3 years ago
Unique condo, decorated beautifully with winter flower garden and European green space. The project has complete facilities. The rooms range from 1-2 bedrooms, emphasizing airiness, adequate ventilation, and comfort of living. I can also enjoy the garden view. The project is also close to local amenities such as Bangkok Hospital Chiang Mai, Big C Extra Chiang Mai 2, Chiang Mai market, and Chiang Mai Gate.
European style condo with a private and quiet atmosphere
Byron Kowalski, Poland, 3 years ago
I already made a reservation here because after viewing the sample room, I was very impressed. It didn't take a long time to decide. My family definitely voted to buy here. We decided to buy a 2-bedroom unit just in case we have a little one too. The atmosphere is quite peaceful and private. The project has only 43 units in total, making each room space spacious and private. Besides, there is a European-style flower garden around the project for the residents to relax. The project facilities include a swimming pool, jogging track, fitness center, and a common multi-purpose area for those who want to change their workplace. As for the location, it's okay. The project is only 200 meters from the Central Festival and 10 minutes to Chiang Mai Night Bazaar. I think that it is convenient to travel.
Close to Central festival Chiang Mai
Walinda K., Thailand, 3 years ago
I bought a room here for a long-term investment as it's a famous luxury project in Chiang Mai. Outstanding in design with high privacy as there is a limited number of units. Complete with facilities, including a swimming pool, garden, and 24-hour security system. The one-bedroom unit in loft-style has two stories with functional space. It's absolutely made for people who fancy modern luxury. It's in the best location next to Central Festival Chiang Mai. Recommended!!
Condo in a good location should reserve.
Kandace Tinker, Austria, 3 years ago
It is a modern condo, which is under construction. It comprises 43 private units, conveniently located within easy reach everywhere. The model project includes a large and beautiful swimming pool and a 24-hour security system that gives a security feeling. My husband and I are very impressed with this project. Also, the location is perfect, nestled in the nature of Chiang Mai, worth it.
Centrally located in Chiang Mai, Cost-effective
Rivka Macleod, Russia, 4 years ago
I booked a 2 bedroom unit because I like the location which is easily accessible and near Chiang Mai city. I think buying the rooms here is definitely worth the investment, whether buying to stay or rent it out ิbecause Chiang Mai is a popular tourist destination for foreigners and Thais. Chiang Mai is one of the best tourist destinations to invest in real estate. However, The Spring Loft has a beautiful design, featuring all common facilities. In the future, there will possibly be many tourists interested in and stay in this project.
It's worth the long term investment
Mariela Trogdon, Australia, 4 years ago
I contacted the agent to see the room, and I think it's worth the long term investment because Chiang Mai is a city known as the beautiful city and full of nature. I have a plan to move to Thailand and do business here. So I contacted many projects, and I think that this place is the most private. Doing business here is not difficult for me as it is very popular with Chinese people. It will be much more convenient if you have a private car because there are not many buses like other cities. The condo is located about 5 minutes from Central Festival Chiang Mai. All the rooms are corner rooms to see the outside clearly, and the pool is large. There are flower gardens decorated in European style. I think it is really beautiful, and I hope to move in as soon as possible.
Chiang Mai
Fa Ham

Neighborhood Overview

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