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    1 Bedroom Condo for sale at Palm Springs Nimman Royal
    Suthep, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $111,000
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    1 Bedroom Condo for sale at Palm Springs Nimman Royal
    (2 Reviews)
    Unit ID: U1062070
    Suthep, Mueang Chiang Mai,Chiang Mai
    $111,000
    1 Bedroom
    1
    Bathroom
    377 Sqft
    Size
    8
    Floor
    Dec 2017
    Completed
    10
    Sale Price
    $111,000

    About This Condo

    This property is a 377 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Dec 2017. You can buy this condo for a base price of $111,000 ($294/Sqft).

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Feb 22, 2022
    Updated 2 years ago
    Property Type Condo
    Floor 8
    Bedroom 1
    Size 377 Sqft
    Price per Sqft $294
    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) Mountain 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.
    $46/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1062070

    Investment Opportunity: Charges & Yield

    Sale Price
    $111,000
    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.
    $46/mo

    Project Details

    Project Name: Palm Springs Nimman Royal
    Developer: Palm Springs Place Co., Ltd.
    Construction: Completed (Dec 2017)
    Floors: 8
    Buildings: N/A
    Units: 68
    Project Area: N/A
    Nearest Landmark Nimman - 0.5 Km
    Location: Suthep, Chiang Mai
    Palm Springs Nimman Royal Project Details

    Project Features

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

    Available Units at Palm Springs Nimman Royal

    • All
    • 1 Bed
    Get notified when new homes are being added to Palm Springs Nimman Royal
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    Frequently Asked Questions

    No pets are allowed at Palm Springs Nimman Royal 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 $46 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 Palm Springs Nimman Royal the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Nimman is the nearest Neighborhood from Palm Springs Nimman Royal and it is 0.5 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 Royal 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

    4.4 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The location is very convenient, in the heart of Nimman.
    Pakawat N., Thailand, 5 years ago
    I chose to invest in a room here because of its excellent location in the heart of the trendy Nimman neighborhood, surrounded by a variety of facilities and numerous well-known restaurants. It's close to shopping malls like Kad Suan Kaew, One Nimman, and Maya Lifestyle Shopping Center. The project provides a high level of privacy, with only 68 units in the complex, and the common area includes a swimming pool, fitness center, and garden. The only thing I don't like about this place is the small parking lot. However, if you are not serious about using a private car here, public buses are also an option.
    Nice Modern Building
    Michael Davis, 5 years ago
    I lived here for the first year it was open. Super peaceful building, clean modern environment with top notch facilities. Right in the middle of Nimman and old city - easy access to everywhere.
    Chiang Mai
    Suthep

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