Unit ID: U1915722
5% Rental Yield
Chang Khlan, Mueang Chiang Mai,Chiang Mai
$80,900
1 Bedroom
1
Bathroom
357 Sqft
Size
11
Floor
Aug 2014
Completed

About This Condo

This property is a 357 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chang Khlan, Chiang Mai and was completed in Aug 2014. You can buy this condo for a base price of $80,900 ($226/Sqft).

The shine condo Changklan

One bedroom +living room +bathroom+balconyFloor 11 mountain view Big size 33.21 sqm.

Basic Information

Date Listed Aug 21, 2024
Updated 3 weeks ago
Property Type Condo
Floor 11
Bedroom 1
Size 357 Sqft
Price per Sqft $226
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) Mountain View, City View, Unblocked Open View
Unit Type N/A
Building Building 1
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.
$62/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1915722

Investment Opportunity: Charges & Yield

Sale Price
$80,900
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.
$62/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.
19
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 Shine Condominium, and the current sales price.
5%

Project Details

Project Name: The Shine Condominium
Construction: Completed (Aug 2014)
Floors: 15
Buildings: 1
Units: 108
Project Area: 32,076 Sqft
Nearest Landmark Chiang Mai International Airport - 3.9 Km
Location: Chang Khlan, Chiang Mai
The Shine Condominium Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Library / Reading Room Library / Reading Room
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at The Shine Condominium

  • Communal Pool
    6th Floor
  • Communal Garden Area
    14th Floor
  • Communal Gym
    5th Floor
  • Sauna
    5th Floor

Available Units at The Shine Condominium

For Sale 27 For Rent 5
Updated 2 weeks ago
Available Units at The Shine Condominium
$124,000
$219/Sqft
Beds 1 Beds
Baths 1 Baths
Size 565 Sqft Size
Floor 10 Floor
Foreign Quota Fully Furnished City View
Updated 3 weeks ago
Available Units at The Shine Condominium
$80,900
$211/Sqft
Beds 1 Beds
Baths 1 Baths
Size 383 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished Mountain View
Updated 3 weeks ago
Available Units at The Shine Condominium
$80,900
$226/Sqft
Beds 1 Beds
Baths 1 Baths
Size 357 Sqft Size
Floor 11 Floor
Foreign Quota Fully Furnished Mountain View
Updated 1 month ago
Available Units at The Shine Condominium
$130,000$142,000
$242/Sqft
Beds 1 Beds
Baths 1 Baths
Size 538 Sqft Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Updated 1 month ago
Available Units at The Shine Condominium
$217,000
$252/Sqft
Beds 1 Beds
Baths 1 Baths
Size 861 Sqft Size
Floor 12 Floor
Foreign Quota Fully Furnished City View
Available Units at The Shine Condominium
$105,000
$241/Sqft
Beds 1 Beds
Baths 1 Baths
Size 437 Sqft Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Available Units at The Shine Condominium
$77,700
$203/Sqft
Beds 1 Beds
Baths 1 Baths
Size 383 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished Mountain View
Available Units at The Shine Condominium
$133,000$142,000
$237/Sqft
Beds 1 Beds
Baths 1 Baths
Size 560 Sqft Size
Floor 10 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Shine Condominium
$138,000
$261/Sqft
Beds 1 Beds
Baths 1 Baths
Size 527 Sqft Size
Floor 12 Floor
Thai Quota Fully Furnished City View
Available Units at The Shine Condominium
$384,000
$262/Sqft
Beds 1 Beds
Baths 2 Baths
Size 1,464 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Shine Condominium
$381,000
$262/Sqft
Beds 1 Beds
Baths 2 Baths
Size 1,453 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Shine Condominium
$387,000
$262/Sqft
Beds 1 Beds
Baths 2 Baths
Size 1,475 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Shine Condominium
$488,000
$262/Sqft
Beds 1 Beds
Baths 2 Baths
Size 1,862 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Shine Condominium
$526,000
$291/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,808 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Shine Condominium
$716,000
$385/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,862 Sqft Size
Floor 14 Floor
Thai Quota Fully Furnished City View
Available Units at The Shine Condominium
$170,000
$208/Sqft
Beds 2 Beds
Baths 2 Baths
Size 818 Sqft Size
Floor Ground Floor Floor
Fully Furnished City View
Available Units at The Shine Condominium
$560,000
$386/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,453 Sqft Size
Floor 14 Floor
Thai Quota Fully Furnished Garden View
Available Units at The Shine Condominium
$104,000
$268/Sqft
Beds 1 Beds
Baths 1 Baths
Size 388 Sqft Size
Floor 12 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Shine Condominium
$104,000
$240/Sqft
Beds 1 Beds
Baths 1 Baths
Size 433 Sqft Size
Floor 9 Floor
Thai Quota City View
Available Units at The Shine Condominium
$771,000
$385/Sqft
Beds 2 Beds
Baths 2 Baths
Size 2,002 Sqft Size
Floor 14 Floor
Thai Quota Fully Furnished City View
Available Units at The Shine Condominium
$722,000$856,000
$360/Sqft
Beds 2 Beds
Baths 2 Baths
Size 2,007 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at The Shine Condominium
$566,000
$384/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,475 Sqft Size
Floor 14 Floor
Thai Quota Fully Furnished Garden View
Available Units at The Shine Condominium
$563,000
$385/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,464 Sqft Size
Floor 14 Floor
Thai Quota Fully Furnished Garden View
Available Units at The Shine Condominium
$520,000$650,000
$354/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,467 Sqft Size
Floor 14 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at The Shine Condominium
$520,000$657,000
$351/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,483 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Shine Condominium
$520,000$621,000
$357/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,455 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at The Shine Condominium
$693,000$829,000
$370/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,873 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished River or Canal View
Get notified when new homes are being added to The Shine Condominium
View All (27)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Shine 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 $2 per square meter based on the size of indoor area of the property and is $62 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 Shine Condominium the required payment for the sinking fund is $12 per square meter based on the size of the indoor area of the property.
Chiang Mai International Airport is the nearest Airport from The Shine Condominium and it is 3.9 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 Shine 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

4.3 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Another quality condo in Chiang Mai.
Carly Artiaga, United States, 5 years ago
Another quality condo in Chiang Mai. Good location near Chiang Mai Night Bazaar and Wualai Walking Street suitable for people who love a flea market like me. The room I bought has 1 bedroom, but it's 135 sq.m wide, much larger than other typical 1-bedroom units. The gym is relatively small, with a few gym equipment. The pool is clean as the staff takes good care of it. Worth paying!
The condo is located in good location
Jinlian Lee, China, 5 years ago
I made a long-term lease, and I was not disappointed at renting here. Apart from the convenient traveling, there are also many street food restaurants, and the prices are very cheap. I was able to travel to the Night Bazaar and chilled with my friends easily. Everything was inexpensive and easy to reach. My room is on the 7th floor, can get the wind from the balcony well. It didn't need to turn on the air conditioner in winter. The weather here is quite nice full of trees. The most important thing is it does not cheat the electricity bills like other apartments in Thailand.
Chiang Mai
Chang Khlan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Shine Condominium

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