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    1 Bedroom Condo for sale at The New Concept 123
    San Phak Wan, Hang Dong,Chiang Mai
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    Sale Price
    $46,700
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    1 Bedroom Condo for sale at The New Concept 123
    (1 Review)
    Unit ID: U1171124
    8% GUAR. RETURN FOR 20 YEARS
    San Phak Wan, Hang Dong,Chiang Mai
    $46,700
    1 Bedroom
    1
    Bathroom
    420 Sqft
    Size
    3
    Floor
    Jan 2019
    Completed
    6
    Sale Price
    $46,700

    About This Condo

    This property is a 420 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in San Phak Wan, Chiang Mai and was completed in Jan 2019. You can buy this condo for a base price of $46,700 ($111/Sqft) and it is also available for long term rentals starting from $233 per month.

    New Concept Condo

    New Concept condo. This property has 39.75 sqm with 1 bedroom, 1 bathroom, living room and kitchen and has common fee is 30 baht. Facilities with Communal Pool, Convenience has car Parking ,24H Security and CCTV (Video Surveillance). Nearby Chiang Mai night safari  4.7 km, Royal Park Rajapruek 4.3 km, Makro Hang Dong 3 km and Big C supercenter Hang Dong 4 km.

    Features

    BalconyBalcony MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Nov 14, 2022
    Updated 2 years ago
    Property Type Condo
    Floor 3
    Bedroom 1
    Size 420 Sqft
    Price per Sqft $111
    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%.

    Thai 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) Pool 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.
    $1/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1171124

    Investment Opportunity: Charges & Yield

    Sale Price
    $46,700
    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.
    $1/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.
    13
    Guaranteed Rental Return
    8%
    Guarantee Duration
    20 Years

    Project Details

    Project Name: The New Concept 123
    Developer: N/A
    Construction: Completed (Jan 2019)
    Floors: 4
    Buildings: N/A
    Units: 216
    Project Area: 154,268 Sqft
    Nearest Landmark Chiang Mai International Airport - 5 Km
    Location: San Phak Wan, Chiang Mai
    The New Concept 123 Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at The New Concept 123

    For Sale 6 For Rent 6
    • All
    • 1 Bed
    Get notified when new homes are being added to The New Concept 123
    View All (6)

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    Frequently Asked Questions

    No pets are allowed at The New Concept 123 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Chiang Mai International Airport is the nearest Airport from The New Concept 123 and it is 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 New Concept 123 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
    New project and very modern
    Leo Park, South Korea, 4 years ago
    A new project is designed very modernly and beautifully. The house's design is unique and suitable for my wife and me to have a lovely family. There are various facilities in the common area such as a swimming pool, car park, and relaxing poolside area. There are both Thai and foreigners living here.
    Chiang Mai
    San Phak Wan

    Neighborhood Overview

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