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    1 Bedroom Apartment for sale at Chiang Rai Condotel
    Wiang, Mueang Chiang Rai,Chiang Rai
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    Sale Price
    $74,800
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    1 Bedroom Apartment for sale at Chiang Rai Condotel
     (Write Review)
    Unit ID: U1792060
    5% Rental Yield
    Wiang, Mueang Chiang Rai,Chiang Rai
    $74,800
    1 Bedroom
    1
    Bathroom
    829 Sqft
    Size
    9
    Floor
    Jan 1992
    Completed
    9
    Sale Price
    $74,800

    About This Apartment

    This property is a 829 Sqft apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Wiang, Chiang Rai and was completed in Jan 1992. You can buy this apartment for a base price of $74,800 ($90/Sqft).

    Hot deal for this huge apartment in the heart of the city

    Last chance to seize this very large apartment of 77 m2 located on 9 floors in the heart of Chiang Rai with open views of the mountains.Fully equipped, composed of a large bedroom, an open-plan kitchen, and a bathroom with a washing machine. You have everything you need on-site, swimming pool, a restaurant, mini-mart, parking, and 24/7 security.Close to all amenities.Hospital, market, school, restaurants, downtown, and more at  5mn by walk.

    Features

    Corner UnitCorner Unit BalconyBalcony

    Basic Information

    Date Listed Apr 6, 2024
    Updated 6 months ago
    Property Type Apartment
    Floor 9
    Bedroom 1
    Size 829 Sqft
    Price per Sqft $90
    Pets Cats Only
    Apartment Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

    Foreign 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) Garden 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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1792060

    Investment Opportunity: Charges & Yield

    Sale Price
    $74,800
    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.
    19
    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 1 bedroom apartments at Chiang Rai Condotel, and the current sales price.
    5%

    Project Details

    Project Name: Chiang Rai Condotel
    Developer: N/A
    Construction: Completed (Jan 1992)
    Floors: 9
    Buildings: N/A
    Units: 325
    Project Area: N/A
    Nearest Landmark Phrao Hospital
    Location: Wiang, Chiang Rai
    Chiang Rai Condotel Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Bar Bar
    24H Security 24H Security
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Chiang Rai Condotel

    For Sale 2 For Rent 1
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    • 1 Bed
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    Frequently Asked Questions

    Phrao Hospital is the nearest Hospital from Chiang Rai Condotel and it is 0 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 Chiang Rai Condotel 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

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