Studio Condo for sale at PP Condominium

(1 Review)
Tha Sala, Mueang Chiang Mai,Chiang Mai
Unit ID: U1654272
9% Rental Yield
Studio Bedroom
1 Bathroom
32 SqM Size
3 Floor
Dec 2005 Completed

About This Condo

This property is a 32 SqM studio condo with 1 bathroom that is available for sale. It is part of the PP Condominium project in Tha Sala, Chiang Mai and was completed in Dec 2005. You can buy this condo for a base price of ฿750,000 (฿23,438/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Aug 22, 2023
Updated 8 months ago
Property Type Condo
Floor 3
Bedroom Studio
Size 32 SqM
Price per SqM ฿23,438
Pets Not Allowed
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%.

Thai 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 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.
฿300/mo
Listed By
Each listing provided by partnered agents is individually verified by FazWaz. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1654272

Investment Opportunity: Charges & Yield

Sale Price
฿750,000
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.
฿300/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.
11
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 studio condos at PP Condominium, and the current sales price.
9%

Project Details

Project Name: PP Condominium
Developer: N/A
Construction: Completed (Dec 2005)
Floors: 6
Buildings: N/A
Units: 100
Project Area: N/A
Nearest Landmark Chiang Mai Railway Station - 0.6 Km
Location: Tha Sala, Chiang Mai
PP Condominium Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning

Available Units at PP Condominium

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at PP Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chiang Mai Railway Station is the nearest Railway Station from PP Condominium 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 PP Condominium 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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Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Most of the units here have been renovated.
Jason S., United States, 6 years ago
The buildings look old, but most of the units here have been renovated. The studio room I rented was quite large for me living alone. The interior is beautifully and modernly decorated. Every piece of furniture in the room does not look old and in good condition. One disadvantage that I don't really like is the wide parking space without a sunshade. It makes the car a little hot during the daytime. It's not a big problem considering its price, it is considered worthwhile. Near the Warorot market too.
Chiang Mai
Tha Sala

Neighborhood Overview

Location and Neighborhood

Street View

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