Studio Condo for sale at Ping Condominium

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Chang Khlan, Mueang Chiang Mai,Chiang Mai

Unit ID: U76311

8% Rental Yield

Studio Bedroom

1 Bathroom

30 SqM Size

2 Floor

Dec 2013 Completed

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Sale Price

Sold

Great Price

About This Condo

This property is a 30 SqM studio condo with 1 bathroom that is available for sale. It is part of the Ping Condominium project in Chang Khlan, Chiang Mai and was completed in Dec 2013. You can buy this condo for a base price of ฿1,450,000 (฿48,333/SqM) and it is also available for long term rentals starting from ฿10,000 per month.

Features

Balcony

Basic Information

Date Listed Jun 12, 2018

Updated 3 years ago

Property Type Condo

Floor 2

Bedroom Studio

Size 30 SqM

Price per SqM ฿48,333

Pets Not Allowed

Condo Ownership

Thai Quota

Furniture

Fully Furnished

View(s) Blocked View

Unit Type N/A

Building N/A

CAM Fee

N/A

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U76311

Price Analysis

Great Price

Estimated market value ฿2,016,619

Great

Good

Fair

Above

Current asking Price: ฿1,450,000 | Advertised rental rate: ฿10,000/mo

This condo is ฿566,619 BELOW MARKET (-28%) 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

Rent

฿10,000/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: Ping Condominium

Developer: N/A

Construction: Completed (Dec 2013)

Floors: 6

Buildings: N/A

Units: 76

Project Area: N/A

Nearest Landmark Centralplaza Chiangmai Airport - 1.9 Km

Location: Chang Khlan, Chiang Mai

Ping Condominium Project Details

Project Features

Communal Pool

Communal Gym

24H Security

Car Parking

Reception / Lobby Area

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Available Units at Ping Condominium

For Sale 1 For Rent 1

All
1 Bed

Thai Quota Fully Furnished

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Frequently Asked Questions

Centralplaza Chiangmai Airport is the nearest Shopping Mall from Ping Condominium and it is 1.9 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.