Riverside Condo Chiang Mai

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Nong Hoi, Mueang Chiang Mai,Chiang Mai

Unit ID: U1016440
6% Rental Yield
฿1,490,000
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
46 SqM Size
Floors
4 Floor
Construction
Aug 2012 Completed

Studio Condo for sale at Riverside Condo Chiang Mai

This property is a 46 SqM studio condo with 1 bathroom that is available for sale. It is part of the Riverside Condo Chiang Mai project in Nong Hoi, Chiang Mai and was completed in Aug 2012. You can buy this condo for a base price of ฿1,490,000 (฿32,391/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 4
Bedroom Studio
Size 46 SqM
Price per SqM ฿32,391
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%.

Company
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) Unblocked Open View
Unit Type N/A
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.
฿690/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
Date Listed Jul 22, 2021
Last Updated 2 days ago
Unit ID U1016440

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿1,490,000
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.
฿690/mo
Est. Rent
฿7,820/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.
16
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 Riverside Condo Chiang Mai, and the current sales price.
6%

Project Details

Developer: Vorrawut Group
Construction: Completed (Aug 2012)
Floors: 18
Buildings: 1
Units: 500
Project Area: 6,800 SqM
Nearest Landmark Wiang Kum Kam - 2.1 Km
Location: Nong Hoi, Mueang Chiang Mai, Chiang Mai
Riverside Condo Chiang Mai Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Key card access Key card access

Popular Facilities at Riverside Condo Chiang Mai

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    3rd Floor

Available Units at Riverside Condo Chiang Mai

For Sale 7 For Rent 5
Get notified when new homes are being added to Riverside Condo Chiang Mai

Loan Calculator

Frequently asked questions

No pets are allowed at Riverside Condo Chiang Mai 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 ฿15 per square meter based on the size of indoor area of the property and is ฿690 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.
Wiang Kum Kam is the nearest Tourist Attraction from Riverside Condo Chiang Mai and it is 2.1 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.

 

Read more here

After you have found the right property at Riverside Condo Chiang Mai 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

Previous Sales (Secondary Market) at Riverside Condo Chiang Mai

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

Nong Hoi

Neighborhood Overview

Location and Neighborhood

Street View

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