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    1 Bedroom Condo for sale at The Grand Benefit 2
    San Phisuea, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $81,200
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    1 Bedroom Condo for sale at The Grand Benefit 2
    (1 Review)
    Unit ID: U1629136
    4% Rental Yield
    San Phisuea, Mueang Chiang Mai,Chiang Mai
    $81,200
    1 Bedroom
    1
    Bathroom
    570 Sqft
    Size
    2
    Floor
    Jun 2017
    Completed
    6
    Sale Price
    $81,200

    About This Condo

    This property is a 570 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in San Phisuea, Chiang Mai and was completed in Jun 2017. You can buy this condo for a base price of $81,200 ($142/Sqft) and it is also available for long term rentals starting from $261 per month.

    Features

    Pool AccessPool Access Covered ParkingCovered Parking BalconyBalcony Outdoor ShowersOutdoor Showers Fully RenovatedFully Renovated (2017) Washing MachineWashing Machine MicrowaveMicrowave

    Basic Information

    Date Listed Jun 28, 2023
    Updated 3 months ago
    Property Type Condo
    Floor 2
    Bedroom 1
    Size 570 Sqft
    Price per Sqft $142
    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) 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.
    $9/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1629136

    Investment Opportunity: Charges & Yield

    Sale Price
    $81,200
    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.
    $9/mo
    Rent
    $261/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.
    26
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    4%

    Project Details

    Project Name: The Grand Benefit 2
    Developer: K Home Asset
    Construction: Completed (Jun 2017)
    Floors: 8
    Buildings: N/A
    Units: 69
    Project Area: N/A
    Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 4.6 Km
    Location: San Phisuea, Chiang Mai
    The Grand Benefit 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

    Available Units at The Grand Benefit 2

    For Sale 4 For Rent 3
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Grand Benefit 2
    View All (4)

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    Frequently Asked Questions

    No pets are allowed at The Grand Benefit 2 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from The Grand Benefit 2 and it is 4.6 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 Grand Benefit 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
    Good price, worth the investment
    Tony Lee, China, 4 years ago
    I bought a deluxe room when the project was launched. At first, I planned to rent it out, but finally, I decided to stay. I really like the room. The atmosphere of this project is calm and trendy. The room is quite large. There is a full set of built-in furniture as well as high-quality materials. The staff is pleasant and polite and the location is fantastic. It is convenient to go around because it is on the main road near the Ruamchok Intersection. And the price is worth it. Many people have made an offer to buy it, but I do not wish to sell it.
    Chiang Mai
    San Phisuea

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