Unit ID: U1171354
6% Rental Yield
Tenant-Occupied until Dec 31, 2024
Hua Wiang, Mueang Lampang,Lampang
$29,000
1 Bedroom
1
Bathroom
310 Sqft
Size
4
Floor
Jan 2017
Completed

About This Condo

This property is a 310 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Hua Wiang, Lampang and was completed in Jan 2017. You can buy this condo for a base price of $29,000 ($94/Sqft) and it is also available for long term rentals starting from $145 per month.

Features

Washing MachineWashing Machine

Basic Information

Date Listed Nov 22, 2022
Updated 3 weeks ago
Property Type Condo
Floor 4
Bedroom 1
Size 310 Sqft
Price per Sqft $94
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) City View, Pool View, Unblocked Open 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.
$319/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1171354

Investment Opportunity: Charges & Yield

Sale Price
$29,000
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.
$319/mo
Rent
$145/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.
17
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.
6%

Project Details

Project Name: The Gusto @ Hua Vieng
Developer: N/A
Construction: Completed (Jan 2017)
Floors: 8
Buildings: N/A
Units: 161
Project Area: N/A
Nearest Landmark Huai Lan Reservoir - 56 Km
Location: Hua Wiang, Lampang
The Gusto @ Hua Vieng 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
Communal Garden Area Communal Garden Area

Available Units at The Gusto @ Hua Vieng

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Frequently Asked Questions

No pets are allowed at The Gusto @ Hua Vieng unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Huai Lan Reservoir is the nearest Tourist Attraction from The Gusto @ Hua Vieng and it is 56 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 Gusto @ Hua Vieng 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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Lampang
Hua Wiang

Neighborhood Overview

Location and Neighborhood

Street View

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