3 Bedroom Condo for sale at The 8 Condominium

(1 Review)

Chang Phueak, Mueang Chiang Mai,Chiang Mai

Unit ID: U227371

3 Bedrooms

3 Bathrooms

90 SqM Size

3 Floor

Jul 2018 Completed

(1 Review)

Sale Price

฿8,800,000

Great Price

About This Condo

This property is a 90 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The 8 Condominium project in Chang Phueak, Chiang Mai and was completed in Jul 2018. You can buy this condo for a base price of ฿8,800,000 (฿97,778/SqM).

8 condominium a marvel of architecture offering luxurious Condos with incredibly unique designs to set you apart from the rest. Fabulous modern designs with high quality and imported materials, so you and your loved ones can feel like royalty within the comfort of your new home and be spoiled by the amenities and amazing new lifestyle.

PRIME LOCATION IN THE MULTI-CULTURAL COMMUNITY

1 min drive to Nimmahaemin road and MAYALIfestyle Shopping Mall, 2 mins drive to Rimping Supermarket, 4 mins drive to Educational Institutions such as Chiang Mai Unversity, Singapore International School Chiang Mai, and Chiang Mai Rajabhat University, 6 mins drive to Medical centers such as Chiang Mai Ram Hospital, Maharaj Nakorn Chiang Mai Hospital, and Lanna Hospital. Only 8 mins a drive to Chiang Mai International Airport. Easy access to the old city and super-highway

Features

Balcony

Bathtub

Basic Information

Date Listed Nov 13, 2019

Updated 3 years ago

Property Type Condo

Floor 3

Bedrooms 3

Size 90 SqM

Price per SqM ฿97,778

Pets Not Allowed

Condo Ownership

Thai Quota

Furniture

Fully Furnished

View(s) City View

Unit Type D

Building N/A

CAM Fee

฿4,500/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U227371

Price Analysis

Great Price

Estimated market value ฿9,476,647

Great

Good

Fair

Above

Current asking Price: ฿8,800,000

This condo is ฿676,647 BELOW MARKET (-7%) 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

฿8,800,000

CAM Fee

฿4,500/mo

Project Details

Project Name: The 8 Condominium

Developer: The 8 Estate

Construction: Completed (Jul 2018)

Floors: 4

Buildings: N/A

Units: 61

Project Area: N/A

Nearest Landmark Ched Yod Temple - 1.1 Km

Location: Chang Phueak, Chiang Mai

The 8 Condominium Project Details

Project Features

On Site Restaurant

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Available Units at The 8 Condominium

For Sale 3 For Rent 3

All
Studio
2 Beds
3 Beds

Thai Quota Unfurnished City View

Thai Quota Partly Furnished City View

Thai Quota Fully Furnished City View

Get notified when new homes are being added to The 8 Condominium

View All (3)

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Frequently Asked Questions

No pets are allowed at The 8 Condominium 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 ฿50 per square meter based on the size of indoor area of the property and is ฿4,500 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 8 Condominium the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.

Ched Yod Temple is the nearest Temple from The 8 Condominium and it is 1.1 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.

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Reviews

4.3 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

+ Write a review

A 4-story condo is superb. The design is stylish and it’s close to the department store.

Zina Raia, India, 4 years ago

I bought this room from this project for a year now. I like that this condo has only four stories. The design of any design is stylish and suitable for the new generation like me. My room is a two-bedroom, two-bathroom unit. The size of the room is about 60 sq.m. For me, it is perfect as I stay alone. There are also many project facilities like the swimming pool, the fitness, and the reliable security system, giving you peace of mind. Plus, the location is great as it's close to department stores, shops, restaurants, and airports. I think it's super worthwhile. Oh, I forgot to mention that my room is beautifully decorated, all furniture and accessories are ready to move in. It is my favorite thing about buying a second-hand condo. You do not need a lot of decorations, which saves a lot of money. There is a slight disadvantage in that it is impossible to own pets as it might disturb the neighbors, so I stayed alone because I couldn't bring the cat with me.

Chiang Mai

Chang Phueak