The Erawan Condo

5 (1 Review)

Chang Khlan, Mueang Chiang Mai,Chiang Mai

Unit ID: U169118
฿18,860,000 Great Price
Bedroom
3 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
134 SqM Size
Floors
2 Floor
Construction
Dec 2021 Off Plan

3 Bedroom Condo for sale at The Erawan Condo

This property is a 134 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Erawan Condo project in Chang Khlan, Chiang Mai and it is scheduled for completion in Dec 2021. You can buy this condo for a base price of ฿18,860,000 (฿140,746/SqM).

Features

Corner UnitCorner Unit BalconyBalcony

Basic Information

Property Type Condo
Floor 2
Bedrooms 3
Size 134 SqM
Price per SqM ฿140,746
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
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 3BR
Building N/A
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿5,360/mo
Listed By
Developer
Date Listed Aug 2, 2019
Last Updated 2 months ago
Unit ID U169118

Price Analysis

Good Price
Estimated market value ฿19,000,000
Great
฿18,700,000
Good
Fair
Above
฿28,000,000
Current asking Price: ฿18,860,000
This condo is ฿140,000 BELOW MARKET (-1%) 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

Sale Price
฿18,860,000
CAM Fee

These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.

฿5,360/mo

Project Details

Project Name: The Erawan Condo
Construction: Off Plan (Dec 2021)
Floors: 8
Buildings: 1
Units: 84
Project Area: 1,744 SqM
Nearest Landmark Warorot Market -0.8 Km
Location: Chang Khlan, Mueang Chiang Mai, Chiang Mai
The Erawan Condo Project Details

Project Features

Communal Pool Communal Pool Communal Gym Communal Gym 24H Security 24H Security CCTV (Video Surveillance) CCTV (Video Surveillance) Car Parking Car Parking Reception Lobby Area Reception Lobby Area Back Up Generators Back Up Generators Key card access Key card access

Popular Facilities at The Erawan Condo

  • Communal Pool
    2nd Floor
  • Communal Gym
    3rd Floor
  • Reception Lobby Area
    Ground Floor

Available Units at The Erawan Condo

Available Units at The Erawan Condo
฿159,143
2 Beds
2 Baths
8 Floor
88 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿162,746
3 Beds
3 Baths
8 Floor
134 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿146,746
3 Beds
3 Baths
4 Floor
134 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿151,587
2 Beds
2 Baths
5 Floor
63 SqM Size
Fully Furnished Pool View
More Details
Available Units at The Erawan Condo
฿143,746
3 Beds
3 Baths
3 Floor
134 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿159,124
2 Beds
2 Baths
8 Floor
89 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿144,587
Good Price
2 Beds
2 Baths
3 Floor
63 SqM Size
Fully Furnished Pool View
More Details
Available Units at The Erawan Condo
฿143,136
2 Beds
2 Baths
4 Floor
88 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿147,149
2 Beds
2 Baths
5 Floor
87 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿151,227
2 Beds
2 Baths
5 Floor
82 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿143,149
2 Beds
2 Baths
4 Floor
87 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿144,227
2 Beds
2 Baths
3 Floor
82 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿140,136
2 Beds
2 Baths
3 Floor
88 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿137,136
2 Beds
2 Baths
2 Floor
88 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿140,149
Good Price
2 Beds
2 Baths
3 Floor
87 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿140,746
Good Price
3 Beds
3 Baths
2 Floor
134 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿141,227
2 Beds
2 Baths
2 Floor
82 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿150,746
3 Beds
3 Baths
5 Floor
134 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿163,587
2 Beds
2 Baths
8 Floor
63 SqM Size
Fully Furnished Pool View
More Details
Available Units at The Erawan Condo
฿137,111
2 Beds
2 Baths
2 Floor
90 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿147,136
2 Beds
2 Baths
5 Floor
88 SqM Size
Fully Furnished City View
More Details
Available Units at The Erawan Condo
฿147,227
2 Beds
2 Baths
4 Floor
82 SqM Size
Fully Furnished City View
More Details
Get notified when new homes are being added to The Erawan Condo

Loan Calculator

Project Progress

The Erawan Condo 10%
Expected completion date: December 2021

Payment Plan

For 1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿100,000
2nd Installment
Down Payment
30%
3rd Installment
On handover
70%
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
200,000%
2nd Installment
Down Payment
30%
3rd Installment
On handover
70%

Frequently asked questions

No pets are allowed at The Erawan Condo 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 ฿40 per square meter based on the size of indoor area of the property and is ฿5,360 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 Erawan Condo the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Warorot Market is the nearest Market from The Erawan Condo and it is 0.8 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 you have to follow these steps:

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

For 1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿100,000
2nd Installment
Down Payment
30%
3rd Installment
On handover
70%
Installment Milestone Payment
Reservation Deposit
Immediately
฿20,000
1st Installment
Upon contract signing
200,000%
2nd Installment
Down Payment
30%
3rd Installment
On handover
70%

Read more here

 

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being 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

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Near attractions
5 Layla T., Australia, 10 months ago
I decided to reserve a 2 bedroom unit in this condo. The interior of my room is elegantly designed. The room space is well proportioned and decorated with excellent furniture. The project facilities include a swimming pool, a fitness center, CCTV, parking, and security. You name it! I think that I will buy it for speculation because the location is excellent. It's located in Chiang Mai city, next to Loi Kroh Road, near Tha Phae Gate, Mae Ping River, Chiang Mai Railway Station, New city market, and other attractions.

Chiang Mai

Chang Khlan

Neighborhood Overview

Location and Neighborhood

Street View

Chiang Mai Condo / Apartment Market insight