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    1 Bedroom Condo for sale at Moda Condo
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $163,000
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    1 Bedroom Condo for sale at Moda Condo
    (1 Review)
    Unit ID: U1387780
    4% Rental Yield
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
    $163,000
    1 Bedroom
    1
    Bathroom
    463 Sqft
    Size
    7
    Floor
    Nov 2015
    Completed
    8
    Sale Price
    $163,000

    About This Condo

    This property is a 463 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in Nov 2015. You can buy this condo for a base price of $163,000 ($352/Sqft).

    Features

    BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Apr 3, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 7
    Bedroom 1
    Size 463 Sqft
    Price per Sqft $352
    Pets Not Allowed
    Condo 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%.

    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) City View
    Unit Type N/A
    Building Moda Condo
    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.
    $56/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1387780

    Investment Opportunity: Charges & Yield

    Sale Price
    $163,000
    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.
    $56/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.
    26
    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 condos at Moda Condo, and the current sales price.
    4%

    Project Details

    Project Name: Moda Condo
    Developer: The Crown Co.,Ltd
    Construction: Completed (Nov 2015)
    Floors: 7
    Buildings: 1
    Units: 59
    Project Area: 13,993 Sqft
    Nearest Landmark Maya Lifestyle Shopping Center - 0.2 Km
    Location: Chang Phueak, Chiang Mai
    Moda Condo Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area

    Popular Facilities at Moda Condo

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at Moda Condo

    For Sale 2 For Rent 4
    • All
    • 1 Bed
    Get notified when new homes are being added to Moda Condo
    View All (2)

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    Frequently Asked Questions

    No pets are allowed at Moda Condo 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 $1 per square meter based on the size of indoor area of the property and is $56 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.
    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 Moda Condo the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Maya Lifestyle Shopping Center is the nearest Shopping Mall from Moda Condo and it is 0.2 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 Moda Condo 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

    Reviews

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Excellent place to stay
    Ritthirong Rama, Thailand, 8 years ago
    I moved here since the condo was newly built. Now I've been here for 2 years. I like the quiet atmosphere of the condo and the charming Nimman lifestyle. The condo location is perfect as it's in the center of prosperity, near Maya mall, within only a few minutes walk. It makes my life here very comfortable. There are also complete facilities such as the swimming pool, fitness center, and gardens. The only issue here is the parking space that's not enough for the residents, so I often have to double park it. Anyway, there are no other problems, and it's an excellent place to stay.
    Chiang Mai
    Chang Phueak

    Neighborhood Overview

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