Unit ID: U1656366
5% Rental Yield
Nong Pa Khrang, Mueang Chiang Mai,Chiang Mai
$78,800
1 Bedroom
1
Bathroom
484 Sqft
Size
6
Floor
Aug 2018
Completed

About This Condo

This property is a 484 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Pa Khrang, Chiang Mai and was completed in Aug 2018. You can buy this condo for a base price of $78,800 ($163/Sqft).

An Excellent 1 Bed Condo Waiting For You At Supalai Monte 2

Offered for sale: A one-bedroom condominium situated on the 6th floor of Supalai Monte 2, positioned directly across from Central Festival Shopping Mall. Supalai Monte 2 stands as one of Chiang Mai’s contemporary high-rise condominiums, strategically positioned at the intersection of the Superhighway, the route to Doi Saket, and the Kaeonawarat Road leading directly into the city. Key details:
  • 45 sq.m of living space
  • 6th floor
  • Comfortably furnished living area
  • Separate kitchen with access to the balcony
  • Kitchen equipped with fridge freezer, microwave
  • Fully furnished
  • Air-con to both rooms
 

Features

BalconyBalcony

Basic Information

Date Listed Aug 24, 2023
Updated 3 months ago
Property Type Condo
Floor 6
Bedroom 1
Size 484 Sqft
Price per Sqft $163
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
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, Pool View
Unit Type N/A
Building Supalai Monte 2
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
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1656366

Investment Opportunity: Charges & Yield

Sale Price
$78,800
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
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 condos at Supalai Monte 2, and the current sales price.
5%

Project Details

Project Name: Supalai Monte 2
Construction: Completed (Aug 2018)
Floors: 32
Buildings: 1
Units: 734
Project Area: 74,239 Sqft
Nearest Landmark Central Chiangmai - 0.3 Km
Location: Nong Pa Khrang, Chiang Mai
Supalai Monte 2 Project Details

Project Features

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
Communal Garden Area Communal Garden Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Supalai Monte 2

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    5th Floor
  • Communal Gym
    5th Floor
  • Communal Garden Area
    Rooftop

Available Units at Supalai Monte 2

For Sale 16 For Rent 16
Updated 2 months ago
Available Units at Supalai Monte 2
$131,000
$182/Sqft
Beds 1 Beds
Baths 1 Baths
Size 721 Sqft Size
Floor 31 Floor
Foreign Quota Fully Furnished City View
Updated 1 week ago
Available Units at Supalai Monte 2
$125,000
$185/Sqft
Beds 2 Beds
Baths 2 Baths
Size 678 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Available Units at Supalai Monte 2
$131,000
$187/Sqft
Beds 2 Beds
Baths 1 Baths
Size 700 Sqft Size
Floor 14 Floor
Foreign Quota Fully Furnished City View
Available Units at Supalai Monte 2
$160,000
$195/Sqft
Beds 2 Beds
Baths 2 Baths
Size 823 Sqft Size
Floor 31 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Supalai Monte 2
$102,000
$206/Sqft
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 15 Floor
Thai Quota Fully Furnished City View
Available Units at Supalai Monte 2
$84,600
$174/Sqft
Beds 1 Beds
Baths 1 Baths
Size 487 Sqft Size
Floor 24 Floor
Foreign Quota Fully Furnished City View
Available Units at Supalai Monte 2
$69,700
$196/Sqft
Beds Studio Beds
Baths 1 Baths
Size 355 Sqft Size
Floor 26 Floor
Foreign Quota Fully Furnished Unblocked Open View
Available Units at Supalai Monte 2
$84,600
$174/Sqft
Beds 1 Beds
Baths 1 Baths
Size 487 Sqft Size
Floor 24 Floor
Fully Furnished City View
Available Units at Supalai Monte 2
$113,000
$229/Sqft
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 17 Floor
Thai Quota Fully Furnished Mountain View
Available Units at Supalai Monte 2
$78,800
$163/Sqft
Beds 1 Beds
Baths 1 Baths
Size 484 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at Supalai Monte 2
$57,800
$165/Sqft
Beds Studio Beds
Baths 1 Baths
Size 350 Sqft Size
Floor 10 Floor
Thai Quota Fully Furnished Mountain View
Available Units at Supalai Monte 2
$57,800$58,300
$165/Sqft
Beds Studio Beds
Baths 1 Baths
Size 350 Sqft Size
Floor 13 Floor
Thai Quota Fully Furnished City View
Available Units at Supalai Monte 2
$96,300
$194/Sqft
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 29 Floor
Thai Quota Fully Furnished Mountain View
Available Units at Supalai Monte 2
$113,000
$224/Sqft
Beds 1 Beds
Baths 1 Baths
Size 506 Sqft Size
Floor 17 Floor
Thai Quota Fully Furnished City View
Available Units at Supalai Monte 2
$147,000
$210/Sqft
Beds 2 Beds
Baths 1 Baths
Size 700 Sqft Size
Floor 19 Floor
Thai Quota Fully Furnished City View
Available Units at Supalai Monte 2
$111,000
$163/Sqft
Beds 2 Beds
Baths 1 Baths
Size 678 Sqft Size
Floor 15 Floor
Fully Furnished City View
Get notified when new homes are being added to Supalai Monte 2
View All (16)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Supalai Monte 2 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.
Central Chiangmai is the nearest Shopping Mall from Supalai Monte 2 and it is 0.3 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 Supalai Monte 2 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
It is considered a good place.
Robert D., United States, 5 years ago
My wife and I came to Chiang Mai and chose to stay here because we like luxurious property. When I arrived, I wasn't disappointed at all. The design here is exquisite. The garden is wide and clean. The room I stayed in was a one-bedroom unit with modern furniture, easy to use and in good condition. One disadvantage is that the condo is next to the main road, making it noisy when cars pass by, but it isn't a big deal for me because it's still in a very good location. It's next to Central Chiang Mai And also close to many attractions in the city. It is considered a good place.
Chiang Mai
Nong Pa Khrang

Neighborhood Overview

Location and Neighborhood

Street View

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