Palm Springs Nimman Areca

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Suthep, Mueang Chiang Mai, Chiang Mai
Dec 2017 Completed
8 Floors
62 Units

Overview of Palm Springs Nimman Areca in Suthep, Chiang Mai

Palm Springs Nimman Areca is a condo and apartment project located in Suthep, Chiang Mai and was completed in Dec 2017. It has 62 units across 8 floors and was developed by Palm Springs Place Co., Ltd., who is also behind The Urbana+6, Palm Ville Khuang Sing Intersection-Chotana Rd. and Palm Springs Privato.

About Palm Springs Nimman Areca

The Nimman by Palm Springs is a condo development located in Su Thep, Chiang Mai, Thailand. It is 3.2km from the city center with 62 condo units across 7 floors completed in September of 2015. It is hotel-managed and features a swimming pool, a fitness center, 24-hour security, CCTV, car parking.

Available Units at Palm Springs Nimman Areca

For Sale 2 For Rent 2
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Previous Sales (Secondary Market) at Palm Springs Nimman Areca

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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Facilities and Floor Plans

Facilities

Leisure
Communal Pool
Fitness
Communal Gym
Convenience
Hotel Managed
Car Parking
Safety
24H Security
CCTV (Video Surveillance)

Management

Common Area Management 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/SqM
Sinking Fund :
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Palm Springs Nimman Areca the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
$15/SqM
Pets : Not Allowed

About the Developer - Palm Springs Place Co., Ltd.

All Palm Springs Place Co., Ltd. Projects
14 Projects 2,001 Units

Frequently Asked Questions

Frequently asked questions about Palm Springs Nimman Areca
No pets are allowed at Palm Springs Nimman Areca 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 at Palm Springs Nimman Areca is $1 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Palm Springs Nimman Areca the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
Chiang Mai Bus Terminal 1 is the nearest Bus Terminal from Palm Springs Nimman Areca and it is 1.5 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 Palm Springs Nimman Areca you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


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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

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Chiang Mai
Suthep
Neighborhood Overview of Suthep, Chiang Mai

Neighborhood Overview

Location and Neighborhood

Street View

Surrounding area

Palm Springs Nimman Areca is conveniently located just 170 m from 7-Eleven, which can be reached within 2 mins. by foot.

There are many other shops situated in the area of Palm Springs Nimman Areca, the 3 closest being:
- 7-eleven is 280 m away (about 4 mins. by foot)
- 7-Eleven is 430 m away (about 5 mins. by foot)
- Taokaenoi Country is 550 m away (about 7 mins. by foot)

The surrounding area, where Palm Springs Nimman Areca is situated, offers a wide variety of restaurants. See the closest of them below:
- Overstand Coffee Shop NIMMAN is 0 m away (a walk of about 1 min.)
- Midwife Restaurant is 60 m away (a walk of about 1 min.)
- Cainito Homemade Restaurant is 60 m away (a walk of about 1 min.)

THTC Hair Transplant Clinic is the nearest health facility, which is 640 m away (you can walk there in 8 mins.) from the project, while the closest schools in the proximity of Palm Springs Nimman Areca are:
- Kan Krai Thong School Teaches Tailoring is 340 m away (about 4 mins. by foot)
- Ace CBO (Team Ace!) is 350 m away (about 4 mins. by foot)
- Kosan Korean Language School, Chiang Mai is 170 m away (about 2 mins. by foot)

Chiang Mai International Airport is located 3.9 km from Palm Springs Nimman Areca and it takes about 10 mins. by car or taxi (depending on the traffic) to get there.

Projects Nearby Palm Springs Nimman Areca

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Palm Springs Nimman (Parlor) in Suthep, Chiang Mai
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
$101.17K
▲ 14% overpriced
Monthly Rentals
$347 - $491
Year Built
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Completed
Palm Springs Nimman Fountain in Suthep, Chiang Mai
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Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
$98.28K - $121.41K
▲ 0.7% overpriced
Monthly Rentals
$405
Year Built
Feb 2018
Completion Status
Completed
Palm Springs Nimman Phoenix in Suthep, Chiang Mai
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
70
Sales Prices
$101.17K
▲ 28% overpriced
Monthly Rentals
$376 - $520
Year Built
Aug 2018
Completion Status
Completed
Palm Springs Nimman Royal in Suthep, Chiang Mai
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
68
Sales Prices
$96.84K - $109.84K
▼ -0.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
The Nimman by Palm Spring in Suthep, Chiang Mai
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
N/A
Monthly Rentals
$405
Year Built
Jan 2014
Completion Status
Completed
Palm Springs Nimman in Suthep, Chiang Mai
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
$93.95K
Monthly Rentals
$434
Year Built
Aug 2015
Completion Status
Completed
Chiang Mai Condominium in Suthep, Chiang Mai
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
45
Sales Prices
$75.16K
Monthly Rentals
N/A
Year Built
Jan 1990
Completion Status
Completed
Hillside Plaza & Condotel 4 in Chang Phueak, Chiang Mai
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
587
Sales Prices
$62.12K - $498.44K
▼ -14.6% underpriced
Monthly Rentals
$376 - $867
Year Built
May 2005
Completion Status
Completed
The Siri Condominium in Suthep, Chiang Mai
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
$45.96K
Monthly Rentals
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Completion Status
Completed
S Condo Chiang Mai in Suthep, Chiang Mai
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Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
48
Sales Prices
$98.28K - $122.85K
Monthly Rentals
N/A
Year Built
Jul 2017
Completion Status
Completed
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