Unit ID: U1792060
5% Rental Yield
Wiang, Mueang Chiang Rai,Chiang Rai
$75,200
1 Bedroom
1
Bathroom
829 Sqft
Size
9
Floor
Jan 1992
Completed

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 $75,200 ($91/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 7 months ago
Property Type Apartment
Floor 9
Bedroom 1
Size 829 Sqft
Price per Sqft $91
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
$75,200
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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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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Chiang Rai
Wiang

Neighborhood Overview

Location and Neighborhood

Street View

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