2 Bedroom Condo for sale at V Residence Payap

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San Phranet, San Sai,Chiang Mai

Unit ID: U1023394

5% Rental Yield

Tenant-Occupied until Apr 30, 2024

2 Bedrooms

1 Bathroom

64 SqM Size

6 Floor

Jan 2019 Completed

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Sale Price

฿3,710,000

Great Price

About This Condo

This property is a 64 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the V Residence Payap project in San Phranet, Chiang Mai and was completed in Jan 2019. You can buy this condo for a base price of ฿3,710,000 (฿57,969/SqM) and it is also available for long term rentals starting from ฿15,000 per month.

For Sale V Residence Payub condo size 64 sq.m 6th floor corner room 2 bedroom Fully furnished 3 air conditioning 1 Electric stove 1 Cooker hood 1 Refrigerator 1 Water heater 1 Washing machine 1 Microwave Facilities Gym Swimming pool 24-Hour security staff CCTV Nearby Landmark: Phayub University, Big C Extra, Central Festival

Features

Corner Unit

Balcony

Washing Machine

Microwave

Basic Information

Date Listed Aug 23, 2021

Updated 7 months ago

Property Type Condo

Floor 6

Bedrooms 2

Size 64 SqM

Price per SqM ฿57,969

Pets Not Allowed

Condo Ownership

Thai Quota

Furniture

Fully Furnished

View(s) Garden View

Unit Type N/A

Building N/A

CAM Fee

฿2,550/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U1023394

Price Analysis

Great Price

Estimated market value ฿4,082,774

Great

Good

Fair

Above

Current asking Price: ฿3,710,000 | Advertised rental rate: ฿15,000/mo

This condo is ฿372,774 BELOW MARKET (-9%) 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.

Investment Opportunity: Charges & Yield

Sale Price

฿3,710,000

CAM Fee

฿2,550/mo

Rent

฿15,000/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: V Residence Payap

Developer: N/A

Construction: Completed (Jan 2019)

Floors: 5

Buildings: N/A

Units: 80

Project Area: N/A

Nearest Landmark Chiang Mai International Airport - 8.3 Km

Location: San Phranet, Chiang Mai

V Residence Payap Project Details

Project Features

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Available Units at V Residence Payap

For Sale 1 For Rent 1

All
2 Beds

Thai Quota Fully Furnished Garden View

Get notified when new homes are being added to V Residence Payap

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Frequently Asked Questions

No pets are allowed at V Residence Payap unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.

Chiang Mai International Airport is the nearest Airport from V Residence Payap and it is 8.3 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.