Unit ID: U1652160
5% Rental Yield
San Sai Noi, San Sai,Chiang Mai
$85,900
1 Bedroom
1
Bathroom
366 Sqft
Size
8
Floor
Jan 2022
Completed

About This Condo

This property is a 366 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in San Sai Noi, Chiang Mai and was completed in Jan 2022. You can buy this condo for a base price of $85,900 ($235/Sqft).

Features

Wet BarWet Bar BalconyBalcony

Basic Information

Date Listed Aug 14, 2023
Updated 1 year ago
Property Type Condo
Floor 8
Bedroom 1
Size 366 Sqft
Price per Sqft $235
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
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) City View
Unit Type 1BR
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.
$40/mo
Listed By
Developer
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1652160

Investment Opportunity: Charges & Yield

Sale Price
$85,900
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.
$40/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.
20
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 The Canale Condo Chiangmai, and the current sales price.
5%

Project Details

Developer: Mobius Real Estate
Construction: Completed (Jan 2022)
Floors: 8
Buildings: 1
Units: 70
Project Area: 8,611 Sqft
Nearest Landmark Central Chiangmai - 1.5 Km
Location: San Sai Noi, Chiang Mai
The Canale Condo Chiangmai 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

Popular Facilities at The Canale Condo Chiangmai

  • Communal Pool
    2nd Floor

Available Units at The Canale Condo Chiangmai

For Sale 18 For Rent 5
Available Units at The Canale Condo Chiangmai
$85,900
$235/Sqft
Beds 1 Beds
Baths 1 Baths
Size 366 Sqft Size
Floor 8 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$61,700
$205/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 2 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$63,200
$210/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 3 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$63,200
$210/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 3 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$66,100
$219/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 5 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$64,600
$214/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 4 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$64,600
$214/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 4 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$69,100
$229/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$69,100
$229/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$66,100
$219/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 5 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$69,100
$229/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$69,100
$234/Sqft
Beds Studio Beds
Baths 1 Baths
Size 295 Sqft Size
Floor 7 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$70,500
$234/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 8 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$70,500
$234/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 8 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$70,500
$234/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 8 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$70,500
$234/Sqft
Beds Studio Beds
Baths 1 Baths
Size 301 Sqft Size
Floor 8 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$70,500
$239/Sqft
Beds Studio Beds
Baths 1 Baths
Size 295 Sqft Size
Floor 8 Floor
Foreign Quota City View
Available Units at The Canale Condo Chiangmai
$72,000
$227/Sqft
Beds Studio Beds
Baths 1 Baths
Size 318 Sqft Size
Floor 7 Floor
Foreign Quota City View
Get notified when new homes are being added to The Canale Condo Chiangmai
View All (18)

Loan Calculator

Payment Plan

1 Time Patment
Installment Milestone Payment
Reservation Deposit
Immediately
$148
2nd Installment
On handover
$3
40 Years
Installment Milestone Payment
Reservation Deposit
Immediately
$148
2nd Installment
Installment 40 months
$220
30 Years
Installment Milestone Payment
Reservation Deposit
Immediately
$148
2nd Installment
Installment 30 months
$259

Frequently Asked Questions

No pets are allowed at The Canale Condo Chiangmai 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 $40 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 The Canale Condo Chiangmai the required payment for the sinking fund is $14 per square meter based on the size of the indoor area of the property.
Central Chiangmai is the nearest Shopping Mall from The Canale Condo Chiangmai and it is 1.5 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 The Canale Condo Chiangmai you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


1 Time Patment
Installment Milestone Payment
Reservation Deposit
Immediately
$148
2nd Installment
On handover
$3
40 Years
Installment Milestone Payment
Reservation Deposit
Immediately
$148
2nd Installment
Installment 40 months
$220
30 Years
Installment Milestone Payment
Reservation Deposit
Immediately
$148
2nd Installment
Installment 30 months
$259

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
A convenient location
Matthew Yang, China, 3 years ago
The project location is in a convenient location. It is also quiet, close to the main road such as 700-year-old Chiang Mai Road. There is a convenience store in front of the alley that only takes a few walks. There are also restaurants and bars in this area to relax at night. And in less than 5 minutes, there will be a Ruamchok Market with a variety of products to choose from at reasonable prices. This project is interesting because the room is selling at a reasonable price and is potentially affordable. When you consider its beauty and quality, I believe it is well worth it. Furthermore, those who own their cars do not have to worry about parking because there are a lot of parking spaces in the project. Most importantly, the rooms here are also furnished with a variety of furniture, making it possible to economize, complete, and worthwhile all in one location.
Chiang Mai
San Sai Noi

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Canale Condo Chiangmai

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Year Built
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Project Name
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