2 Bedroom Townhouse for sale at Fifth Avenue Meechoke

(1 Review)
Nong Chom, San Sai,Chiang Mai
Unit ID: U28
8% Rental Yield
2 Bedrooms
2 Bathrooms
180 SqM Indoor Area
Dec 2013 Completed

About This Townhouse

This property is a 180 SqM townhouse with 2 bedrooms and 2 bathrooms that is available for sale.. You can buy this townhouse for a base price of ฿3,790,000 (฿21,056/SqM). It is located in Nong Chom, Chiang Mai

Features

Basic Information

Date Listed Nov 3, 2016
Updated 6 years ago
Property Type Townhouse
Storeys N/A
Location Nong Chom, Chiang Mai
Bedrooms 2
Nearest Landmark: Chiang Mai Bus Terminal 2 Arcade -3.2 Km
Indoor Area 180 SqM
Price per SqM ฿21,056
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
N/A
Plot Size N/A
Pets Not Allowed
Townhouse Ownership

Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

N/A
Land Ownership

Foreign nationals cannot own land in Thailand in their own name. The options for a foreigner to make use of the land are via a long-term lease or by investing in a Thai company that owns the land.

N/A
Land Title Deed N/A
Construction Completed (Dec 2013)
Furniture
Unfurnished
View(s) Unblocked Open View, Forest, Nature View, Sky, Horizon View, Blocked View
Unit Type 2Triplex
Parking Spots N/A
Pool Size 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.
฿720/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U28

Investment Opportunity: Charges & Yield

Sale Price
฿3,790,000
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.
฿720/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.
13
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 townhouses at Fifth Avenue Meechoke, and the current sales price.
8%

Project Details

Project Name: Fifth Avenue Meechoke
Developer: N/A
Construction: Completed (Dec 2013)
Units: 223
Project Area: N/A
Nearest Landmark: Chiang Mai Bus Terminal 2 Arcade - 3.2 Km
Location: Nong Chom, Chiang Mai
Fifth Avenue Meechoke Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Fifth Avenue Meechoke

Loan Calculator

Frequently Asked Questions

The common area maintenance fee is ฿4 per square meter based on the size of indoor area of the property and is ฿720 for this townhouse. 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.
Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from Fifth Avenue Meechoke and it is 3.2 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.

After you have found the right property at Fifth Avenue Meechoke you have to follow these steps:

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


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.

Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
I rented it to open as a restaurant
Layla T., Australia, 8 years ago
The townhouse has 3 stories for 2 bedrooms and 3 bathrooms in a reasonably large area but without furniture. I rented it to open as a restaurant because there are many offices here. The road in front of the house is wide enough to park both motorbikes and cars. As the project is near Chiang Mai-Phrao Road, the main road which I can reach in a few meters, It's convenient for the customers to find my restaurants.
Chiang Mai
Nong Chom

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Fifth Avenue Meechoke

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