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    1 Bedroom Condo for sale at Supanich Condo
    Wat Ket, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $48,600
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    1 Bedroom Condo for sale at Supanich Condo
    (1 Review)
    Unit ID: U1967284
    7% Rental Yield
    Wat Ket, Mueang Chiang Mai,Chiang Mai
    $48,600
    1 Bedroom
    1
    Bathroom
    409 Sqft
    Size
    4
    Floor
    Dec 2005
    Completed
    17
    Sale Price
    $48,600

    About This Condo

    This property is a 409 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Wat Ket, Chiang Mai and was completed in Dec 2005. You can buy this condo for a base price of $48,600 ($119/Sqft).

    Features

    BalconyBalcony Washing MachineWashing Machine TVTV

    Basic Information

    Date Listed Nov 12, 2024
    Updated 1 week ago
    Property Type Condo
    Floor 4
    Bedroom 1
    Size 409 Sqft
    Price per Sqft $119
    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%.

    N/A
    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, 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.
    $27/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1967284

    Investment Opportunity: Charges & Yield

    Sale Price
    $48,600
    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.
    $27/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.
    15
    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 Supanich Condo, and the current sales price.
    7%

    Project Details

    Project Name: Supanich Condo
    Developer: N/A
    Construction: Completed (Dec 2005)
    Floors: 8
    Buildings: N/A
    Units: 40
    Project Area: N/A
    Nearest Landmark Chiang Mai Railway Station - 0.3 Km
    Location: Wat Ket, Chiang Mai
    Supanich Condo 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
    Sauna Sauna
    Communal Garden Area Communal Garden Area

    Available Units at Supanich Condo

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

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    Frequently Asked Questions

    No pets are allowed at Supanich 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 $27 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.
    Chiang Mai Railway Station is the nearest Railway Station from Supanich Condo 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 Supanich 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

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Nice condo, spacious room
    Abbie Susan, United Kingdom, 7 years ago
    It's a nice place to stay, the room is clean and well furnished. The one-bedroom unit is considerably massive compared to other condos. The atmosphere is private, quiet, and not busy because there are not so many rooms and many people, which is a plus when using the swimming pool. It is not far from CM PART CENTER, which has marts and many bistros. The only drawback here is that the project is in a deep alley, quite far from the main road, so I recommend renting the bike or car as it will be more convenient.
    Chiang Mai
    Wat Ket

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