Studio Condo for sale at City House Condo

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Chang Khlan, Mueang Chiang Mai,Chiang Mai
Unit ID: U1155520
11% Rental Yield
฿1,999,000 ฿2,000,000
Studio Bedroom
1 Bathroom
31 SqM Size
2 Floor
Jan 1995 Completed

About This Condo

This property is a 31 SqM studio condo with 1 bathroom that is available for sale. It is part of the City House Condo project in Chang Khlan, Chiang Mai and was completed in Jan 1995. You can buy this condo for a base price of ฿1,999,000 (฿64,484/SqM) and it is also available for long term rentals starting from ฿17,500 per month.

Perfectly Super Smart Artsy Furnished Condo Near Old City

This condo is in the most attractive, most vibrant area of Chiang Mai. The apartment is fully equipped: washer-dryer combination; dishwasher; refrigerator; freezer; bath, wall closet. There's even a built-in treadmill so you can work-out in the air-conditioned space. The apartment has been completely renovated and has its own water filter on the roof that ensures that the water comes out of the tap clean and drinkable. Plenty of hot water is guaranteed because it comes with a 150 liter boiler. There are plenty of sleek storage solutions in this apartment. Every centimeter is used. There are custom made cabinets. From both the bed and the sitting area the ceiling mounted flip down TV can be viewed. Walking distance to the night market, and the old town. 10 minutes by car from the airport.  

Features

BalconyBalcony BathtubBathtub MicrowaveMicrowave

Basic Information

Property Type Condo
Floor 2
Bedroom Studio
Size 31 SqM
Price per SqM ฿64,484
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
Specific items of furniture can be requested in the sale, or buyers can offer to purchase some or all of it. When negotiating a deal, either party can suggest that such items be included in the sale price.
Negotiable
View(s) 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.
฿430/mo
Listed By
Private Owner
Date Listed Sep 22, 2022
Last Updated 3 days ago
Unit ID U1155520

Investment Opportunity: Charges & Yield

Sale Price
฿1,999,000
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.
฿430/mo
Rent
฿17,500/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.
10
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.
11%

Project Details

Project Name: City House Condo
Developer: N/A
Construction: Completed (Jan 1995)
Floors: 6
Buildings: N/A
Units: 1
Project Area: N/A
Nearest Landmark Chiang Mai Night Bazaar - 0.6 Km
Location: Chang Khlan, Mueang Chiang Mai, Chiang Mai
City House Condo Project Details

Project Features

24H Security 24H Security
Car Parking Car Parking

Available Units at City House Condo

For Sale 1 For Rent 1

Loan Calculator

Frequently Asked Questions

No pets are allowed at City House Condo unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chiang Mai Night Bazaar is the nearest Market from City House Condo and it is 0.6 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 City House Condo 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

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Chiang Mai
Chang Khlan

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Location and Neighborhood

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Projects Nearby City House Condo

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Year Built
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Completion Status
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