2 Bedroom Penthouse for sale at Galae Thong Tower

(2 Reviews)
Pa Daet, Mueang Chiang Mai,Chiang Mai
Unit ID: U476172
7% Rental Yield
฿3,690,000
2 Bedrooms
2 Bathrooms
100 SqM Size
15 Floor
Jan 1995 Completed

About This Penthouse

This property is a 100 SqM penthouse with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Galae Thong Tower project in Pa Daet, Chiang Mai and was completed in Jan 1995. You can buy this penthouse for a base price of ฿3,690,000 (฿36,900/SqM) and it is also available for long term rentals starting from ฿22,000 per month.

Penthouse only 250,000 baht

😍Galare thong tower for Sale at only 250,000 baht down payment and the Penthouse is yours. 😍Located on Chang Klan Road in Chiang Mai city, a perfect location with amazing views over the city. 😍Private finance available for up to 10 years. 🤙100 , 15 floors in foreign name 🤙2 king-size beds, 1 sofa bed in living room 1 full bathroom, another bathroom with a toilet and full kitchen, and 2 balconies. 🤙45 inches LED TV (Living room and bedroom). 🤙Included English channels and Internet 🤙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 Penthouse with amazing views is held in a foreign name. (Transfer 50/50) The total price is only 3,990,000 million Baht and rest payment up to 10 years (option balloon payment)

Features

DuplexDuplex BalconyBalcony

Basic Information

Date Listed Mar 23, 2023
Updated 2 months ago
Property Type Penthouse
Floor 15
Bedrooms 2
Size 100 SqM
Price per SqM ฿36,900
Penthouse 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%.

N/A
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) River or Canal 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.
N/A
Listed By
Private Owner
Unit ID U476172

Investment Opportunity: Charges & Yield

Sale Price
฿3,690,000
Rent
฿22,000/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.
14
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.
7%

Project Details

Project Name: Galae Thong Tower
Developer: N/A
Construction: Completed (Jan 1995)
Floors: 15
Buildings: N/A
Units: 250
Project Area: N/A
Nearest Landmark Wiang Kum Kam - 2 Km
Location: Mueang Chiang Mai, Chiang Mai
Galae Thong Tower Project Details

Project Features

Hotel Managed Hotel Managed
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Galae Thong Tower

For Sale 8 For Rent 5
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Available Units at Galae Thong Tower
฿22,000
Beds 1 Beds
Baths 2 Baths
Size 90 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Mountain View
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Available Units at Galae Thong Tower
฿36,900
Beds 2 Beds
Baths 2 Baths
Size 100 SqM Size
Floor 15 Floor
Fully Furnished River or Canal View
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Available Units at Galae Thong Tower
฿29,750
Beds 1 Beds
Baths 2 Baths
Size 80 SqM Size
Floor 5 Floor
Foreign Quota Partly Furnished City View
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Available Units at Galae Thong Tower
฿36,463
Beds 1 Beds
Baths 2 Baths
Size 82 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
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Available Units at Galae Thong Tower
฿32,250
Great Price
Beds Studio Beds
Baths 1 Baths
Size 40 SqM Size
Floor 10 Floor
Foreign Quota Fully Furnished City View
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Available Units at Galae Thong Tower
฿34,750
Beds Studio Beds
Baths 1 Baths
Size 40 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished City View
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Available Units at Galae Thong Tower
฿36,533
Beds 1 Beds
Baths 1 Baths
Size 90 SqM Size
Floor 3 Floor
Fully Furnished City View
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Available Units at Galae Thong Tower
฿38,889
Beds 2 Beds
Baths 2 Baths
Size 90 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
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Available: Sep 1, 2023 Available Units at Galae Thong Tower
-
Beds Studio Beds
Baths 1 Baths
Size 42 SqM Size
Floor 12 Floor
Fully Furnished Mountain View
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Available Units at Galae Thong Tower
-
Beds Studio Beds
Baths 1 Baths
Size 42 SqM Size
Floor 7 Floor
Fully Furnished Mountain View
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Compare
Available: Dec 1, 2023 Available Units at Galae Thong Tower
-
Beds 2 Beds
Baths 2 Baths
Size 103 SqM Size
Floor 12 Floor
Thai Quota Mountain View
Get notified when new homes are being added to Galae Thong Tower

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Frequently Asked Questions

No pets are allowed at Galae Thong Tower unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Wiang Kum Kam is the nearest Tourist Attraction from Galae Thong Tower and it is 2 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 Galae Thong Tower 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

Do you own a property at Galae Thong Tower?

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Reviews

4.5 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Staying in this place is so perfect
Martin Schreiber, Germany, 3 years ago
Staying in this place is so perfect. The staff is so attentive. The room I stayed in is a one-bedroom unit. It’s spacious, and the design is not very luxurious, but fully furnished and well-allocated. My room is on the 11th floor. From the room, I can see a beautiful view of the city and mountains. The security system is quite reliable. Most of the neighbors are expats. This place is not in the city center. Therefore, it is pretty quiet, and people are not crowded. This place is close to Chang Puak Gate and the market, very convenient.
An old-fashioned yet comfortable condominium
Panu Raknim, Thailand, 6 years ago
This condo was built years ago, but it has been well managed. Though the exterior looks aged, the project still has many facilities such as a swimming pool, a garden area, shops, and restaurants. My one-bedroom unit is quite spacious, and it comes fully furnished with electrical appliances. Besides, the atmosphere is comfy and relaxing. The project is surrounded by loads of amenities, and you can take a short stroll to Chiang Mai Night Bazaar and Centralplaza Chiangmai Airport.
Chiang Mai
Pa Daet

Neighborhood Overview

Location and Neighborhood

Street View

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