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    1 Bedroom Condo for sale at The Resort Condominium
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $155,000
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    1 Bedroom Condo for sale at The Resort Condominium

    (1 Review)
    Unit ID: U1096370
    5% Rental Yield
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
    $155,000
    1 Bedroom
    1
    Bathroom
    829 Sqft
    Size
    3
    Floor
    Aug 2013
    Completed
    10
    Sale Price
    $155,000

    About This Condo

    This property is a 829 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in Aug 2013. You can buy this condo for a base price of $155,000 ($187/Sqft).

    Features

    BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed May 23, 2022
    Updated 2 years ago
    Property Type Condo
    Floor 3
    Bedroom 1
    Size 829 Sqft
    Price per Sqft $187
    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
    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 The Resort Condominium
    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.
    $68/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1096370

    Investment Opportunity: Charges & Yield

    Sale Price
    $155,000
    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.
    $68/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 Resort Condominium , and the current sales price.
    5%

    Project Details

    Project Name: The Resort Condominium
    Developer: Quality Condominium
    Construction: Completed (Aug 2013)
    Floors: 7
    Buildings: 1
    Units: 74
    Project Area: 86,111 Sqft
    Nearest Landmark Chiang Mai Bus Terminal 1 - 3.4 Km
    Location: Chang Phueak, Chiang Mai
    The Resort Condominium 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
    Key card access Key card access

    Popular Facilities at The Resort Condominium

    • All
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      Ground Floor

    Available Units at The Resort Condominium

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

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    Frequently Asked Questions

    No pets are allowed at The Resort Condominium 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 $68 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 Bus Terminal 1 is the nearest Bus Terminal from The Resort Condominium and it is 3.4 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 Resort Condominium 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
    Very quiet and cozy
    Benjamin 11, United States, 4 years ago
    It is a cozy condo with a quiet atmosphere and is suitable for relaxation. From the room, it overlooks the beautiful Doi Suthep view. Just open the balcony to let in the morning breeze and the fresh air. There is a common area for the residents to use, such as a swimming pool, gym, garden, sauna, and ample parking. The building design is also unique, designed every room is not facing each other, which I think is very good for people who love privacy. Besides, there are not many people living here, and most of the residents are foreigners. In addition, the location is the best, not as bustling as Chiang Mai City, which takes only 5 minutes there if the traffic is not jammed. Excellent!
    Chiang Mai
    Chang Phueak

    Neighborhood Overview

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