Unit ID: U1934334
5% Rental Yield
Chang Khlan, Mueang Chiang Mai,Chiang Mai
$72,300
1 Bedroom
1
Bathroom
455 Sqft
Size
5
Floor
Sep 2024
Completed

About This Condo

This property is a 455 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chang Khlan, Chiang Mai and was completed in Sep 2024. You can buy this condo for a base price of $72,300 ($159/Sqft).

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Sep 16, 2024
Updated N/A
Property Type Condo
Floor 5
Bedroom 1
Size 455 Sqft
Price per Sqft $159
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%.

Foreign Quota, Thai Quota, Company
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 Deluxe
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
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1934334

Investment Opportunity: Charges & Yield

Sale Price
$72,300
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.
18
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 Ping Plus Condominium, and the current sales price.
5%

Project Details

Project Name: Ping Plus Condominium
Developer: Dream Nation
Construction: Completed (Sep 2024)
Floors: 6
Buildings: 2
Units: 79
Project Area: N/A
Nearest Landmark Wua Lai Walking Street - 1.1 Km
Location: Chang Khlan, Chiang Mai
Ping Plus Condominium Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Ping Plus Condominium

For Sale 7 For Rent 1
Get notified when new homes are being added to Ping Plus Condominium
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Frequently Asked Questions

No pets are allowed at Ping Plus Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Wua Lai Walking Street is the nearest Market from Ping Plus Condominium and it is 1.1 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 Ping Plus Condominium 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 Mai
Chang Khlan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Ping Plus Condominium

Location
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
Project Name
Ping Condominium
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
76
Sales Prices
$42.07K - $60.92K
Monthly Rentals
$232 - $319
Year Built
Dec 2013
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
77
Sales Prices
$43.52K - $80.94K
Monthly Rentals
$232 - $290
Year Built
Jan 2017
Completion Status
Completed
Project Name
Karnkanok 19
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
285
Sales Prices
$104.59K - $114.6K
▼ -22% underpriced
Monthly Rentals
$435 - $638
Year Built
Dec 2016
Completion Status
Completed
Project Name
One Plus 19
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
78
Sales Prices
$40.62K - $80.94K
▲ 2% overpriced
Monthly Rentals
$377
Year Built
Jan 2014
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
$49.32K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Astra Sky River
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
520
Sales Prices
$97.65K - $840.84K
▲ 1% overpriced
Monthly Rentals
$696 - $2.76K
Year Built
Dec 2021
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
108
Sales Prices
$78.04K - $774.61K
▲ 8.6% overpriced
Monthly Rentals
$435 - $1.02K
Year Built
Aug 2014
Completion Status
Completed
Project Name
Baan Ploy Burin
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
34
Sales Prices
$290.11K - $870.34K
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
Project Name
The Astra Condo
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
589
Sales Prices
$120.69K - $664.36K
▼ -18% underpriced
Monthly Rentals
$493 - $1.02K
Year Built
Oct 2017
Completion Status
Completed
Project Name
Peaks Avenue
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
28
Sales Prices
$174.07K - $377.15K
▼ -23.3% underpriced
Monthly Rentals
$1.45K - $2.03K
Year Built
Dec 2015
Completion Status
Completed
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