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    1 Bedroom Condo for sale at The Spring Loft
    Fa Ham, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $74,600
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    1 Bedroom Condo for sale at The Spring Loft
    (6 Reviews)
    Unit ID: U1882110
    6% Rental Yield
    Fa Ham, Mueang Chiang Mai,Chiang Mai
    $74,600
    1 Bedroom
    1
    Bathroom
    366 Sqft
    Size
    2
    Floor
    Apr 2013
    Completed
    13
    Sale Price
    $74,600

    About This Condo

    This property is a 366 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Fa Ham, Chiang Mai and was completed in Apr 2013. You can buy this condo for a base price of $74,600 ($204/Sqft).

    Highlights:

    • 5-minute walk to Central Festival Chiang Mai shopping mall
    • 2nd floor unit with balcony and natural views
    • 1 bedroom, 1 bathroom, 34 SQM.
    • Priced at 2.69 million baht with free transfer fees

    Amenities:

    • Parking for cars and motorcycles
    • Saltwater swimming pool
    • Fitness center
    • CCTV cameras
    • 24-hour security
    • Keycard access and elevator
    • Property management

    Furnishings:

    • 2 Daikin air conditioners
    • Water heater
    • Refrigerator
    • Microwave oven
    • Front-loading washing machine
    • Complete furniture set
    • 6-foot bed

    Nearby Locations:

    • Central Festival Chiang Mai
    • Star Avenue Arcade Bus Station
    • Big C Supercenter
    • San Sai Market
    • Green Park

    Additional Notes:

    • Ready to move in immediately
    • Perfect for those who want a convenient and comfortable lifestyle in Chiang Mai

    Please note that the price and availability of the condo may be subject to change. Please contact the seller for the latest information. Overall, The Spring Condo is a great option for those looking for a modern and affordable condo in a convenient location near Central Festival Chiang Mai. Here are some additional details about the condo that may be of interest to potential buyers:

    • The condo is located in the Fa Ham subdistrict of Chiang Mai, which is a convenient location close to shopping, dining, and entertainment options.
    • The condo is a low-rise building with 7 floors and a total of 76 units.
    • The condo has a variety of amenities that are perfect for both individuals and families, including a swimming pool, fitness center, and playground.
    • The condo is well-maintained and has a secure entrance with 24-hour security.

    Features

    BalconyBalcony TVTV

    Basic Information

    Date Listed Jun 26, 2024
    Updated 1 month ago
    Property Type Condo
    Floor 2
    Bedroom 1
    Size 366 Sqft
    Price per Sqft $204
    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) Garden View
    Unit Type N/A
    Building The Spring Loft Phase 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.
    $65/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1882110

    Investment Opportunity: Charges & Yield

    Sale Price
    $74,600
    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.
    $65/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 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 Spring Loft, and the current sales price.
    6%

    Project Details

    Project Name: The Spring Loft
    Developer: NTS Property Co., Ltd.
    Construction: Completed (Apr 2013)
    Floors: 4
    Buildings: 4
    Units: 43
    Project Area: 20,936 Sqft
    Nearest Landmark Chiang Mai International Airport - 7.6 Km
    Location: Fa Ham, Chiang Mai
    The Spring Loft Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    Car Parking Car Parking
    Co-Working Space / Meeting Room Co-Working Space / Meeting Room
    Communal Garden Area Communal Garden Area

    Popular Facilities at The Spring Loft

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      1st Floor
    • Co-Working Space / Meeting Room
      2nd Floor
    • Communal Gym
      1st Floor

    Available Units at The Spring Loft

    For Sale 12 For Rent 6
    • All
    • 1 Bed
    Get notified when new homes are being added to The Spring Loft
    View All (12)

    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at The Spring Loft 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 $65 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 Spring Loft the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Chiang Mai International Airport is the nearest Airport from The Spring Loft and it is 7.6 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 Spring Loft you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Standard 1 Bedroom Unit - Thai Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $293
    1st Installment
    Upon contract signing
    $2,050
    Down Payment
    1 months after contract signing
    10%
    3rd Installment
    On handover
    90%
    Loft and 2 Bedroom Unit - Thai Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $585
    1st Installment
    Upon contract signing
    $2,930
    Down Payment
    1 months after contract signing
    10%
    3rd Installment
    On handover
    90%
    Standard 1 Bedroom Unit - Foreign Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $293
    1st Installment
    Upon contract signing
    $2,050
    Down Payment
    1 months after contract signing
    30%
    3rd Installment
    On handover
    70%
    Loft and 2 Bedroom Unit - Foreign Quota
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    $585
    1st Installment
    Upon contract signing
    $2,930
    Down Payment
    1 months after contract signing
    30%
    3rd Installment
    On handover
    70%

    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

    4.6 out of 5
    Based on
    6 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Unique condo
    Carina Caballero, Spain, 3 years ago
    Unique condo, decorated beautifully with winter flower garden and European green space. The project has complete facilities. The rooms range from 1-2 bedrooms, emphasizing airiness, adequate ventilation, and comfort of living. I can also enjoy the garden view. The project is also close to local amenities such as Bangkok Hospital Chiang Mai, Big C Extra Chiang Mai 2, Chiang Mai market, and Chiang Mai Gate.
    European style condo with a private and quiet atmosphere
    Byron Kowalski, Poland, 4 years ago
    I already made a reservation here because after viewing the sample room, I was very impressed. It didn't take a long time to decide. My family definitely voted to buy here. We decided to buy a 2-bedroom unit just in case we have a little one too. The atmosphere is quite peaceful and private. The project has only 43 units in total, making each room space spacious and private. Besides, there is a European-style flower garden around the project for the residents to relax. The project facilities include a swimming pool, jogging track, fitness center, and a common multi-purpose area for those who want to change their workplace. As for the location, it's okay. The project is only 200 meters from the Central Festival and 10 minutes to Chiang Mai Night Bazaar. I think that it is convenient to travel.
    Close to Central festival Chiang Mai
    Walinda K., Thailand, 4 years ago
    I bought a room here for a long-term investment as it's a famous luxury project in Chiang Mai. Outstanding in design with high privacy as there is a limited number of units. Complete with facilities, including a swimming pool, garden, and 24-hour security system. The one-bedroom unit in loft-style has two stories with functional space. It's absolutely made for people who fancy modern luxury. It's in the best location next to Central Festival Chiang Mai. Recommended!!
    Condo in a good location should reserve.
    Kandace Tinker, Austria, 4 years ago
    It is a modern condo, which is under construction. It comprises 43 private units, conveniently located within easy reach everywhere. The model project includes a large and beautiful swimming pool and a 24-hour security system that gives a security feeling. My husband and I are very impressed with this project. Also, the location is perfect, nestled in the nature of Chiang Mai, worth it.
    Centrally located in Chiang Mai, Cost-effective
    Rivka Macleod, Russia, 4 years ago
    I booked a 2 bedroom unit because I like the location which is easily accessible and near Chiang Mai city. I think buying the rooms here is definitely worth the investment, whether buying to stay or rent it out ิbecause Chiang Mai is a popular tourist destination for foreigners and Thais. Chiang Mai is one of the best tourist destinations to invest in real estate. However, The Spring Loft has a beautiful design, featuring all common facilities. In the future, there will possibly be many tourists interested in and stay in this project.
    It's worth the long term investment
    Mariela Trogdon, Australia, 4 years ago
    I contacted the agent to see the room, and I think it's worth the long term investment because Chiang Mai is a city known as the beautiful city and full of nature. I have a plan to move to Thailand and do business here. So I contacted many projects, and I think that this place is the most private. Doing business here is not difficult for me as it is very popular with Chinese people. It will be much more convenient if you have a private car because there are not many buses like other cities. The condo is located about 5 minutes from Central Festival Chiang Mai. All the rooms are corner rooms to see the outside clearly, and the pool is large. There are flower gardens decorated in European style. I think it is really beautiful, and I hope to move in as soon as possible.
    Chiang Mai
    Fa Ham

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