Studio Condo for sale at Siritara Condominium

(1 Review)
Mae Hia, Mueang Chiang Mai,Chiang Mai
Unit ID: U1376462
6% Rental Yield
Studio Bedroom
1 Bathroom
35 SqM Size
5 Floor
Jan 2015 Completed

About This Condo

This property is a 35 SqM studio condo with 1 bathroom that is available for sale. It is part of the Siritara Condominium project in Mae Hia, Chiang Mai and was completed in Jan 2015. You can buy this condo for a base price of ฿1,400,000 (฿40,000/SqM) and it is also available for long term rentals starting from ฿6,500 per month.

Features

BalconyBalcony TVTV

Basic Information

Date Listed Feb 13, 2023
Updated 1 year ago
Property Type Condo
Floor 5
Bedroom Studio
Size 35 SqM
Price per SqM ฿40,000
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) Mountain View, Garden View, Unblocked Open 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.
฿1,400/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1376462

Investment Opportunity: Charges & Yield

Sale Price
฿1,400,000
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.
฿1,400/mo
Rent
฿6,500/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.
18
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.
6%

Project Details

Project Name: Siritara Condominium
Developer: N/A
Construction: Completed (Jan 2015)
Floors: 7
Buildings: N/A
Units: 60
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 2.7 Km
Location: Mae Hia, Chiang Mai
Siritara Condominium Project Details

Available Units at Siritara Condominium

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Siritara Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chiang Mai International Airport is the nearest Airport from Siritara Condominium and it is 2.7 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 Siritara 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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo in the middle of beautiful nature
Amie B., Australia, 7 years ago
This condo is beautiful, has a private atmosphere, and has a unique lovely design. The room is very spacious. The size of a 1-bedroom unit here equals 2 bedrooms in other condos. I also like the swimming pool because it has a beautiful view of the green area. It makes me feel really relaxed. The location is excellent, close to the main road and not far from Big C, Makro, schools, and Mae Hia Market.
Chiang Mai
Mae Hia

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Siritara Condominium

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
฿2.8M - ฿7.9M
▼ -0.8% underpriced
Monthly Rentals
฿12K - ฿30K
Year Built
Jun 2011
Completion Status
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Location
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Number of units
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฿2.69M - ฿4.35M
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Year Built
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Completion Status
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฿5.8M - ฿11M
▲ 2% overpriced
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Number of units
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Sales Prices
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Number of units
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Completion Status
Completed
Location
Mae Hia, Mueang Chiang Mai, Chiang Mai
Number of units
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Location
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Sales Prices
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Completion Status
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Number of units
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Sales Prices
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Year Built
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Completion Status
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