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    1 Bedroom Condo for sale at The Unique at Ruamchok
    Fa Ham, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $122,000
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    1 Bedroom Condo for sale at The Unique at Ruamchok
    (1 Review)
    Unit ID: U787
    6% Rental Yield
    Fa Ham, Mueang Chiang Mai,Chiang Mai
    $122,000
    1 Bedroom
    1
    Bathroom
    552 Sqft
    Size
    5
    Floor
    Nov 2014
    Completed
    7
    Sale Price
    $122,000

    About This Condo

    This property is a 552 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 Nov 2014. You can buy this condo for a base price of $122,000 ($222/Sqft).

    A Modern Condo - Life of Convenience & Quality at The Unique at Ruamchok!

    The Unique at Ruamchok project located in the Fa Ham district of the northern Thai city of Chiang Mai is the proud home of this incredible condominium opportunity. With a generous 51.25 square metres of floor space split across a living and bedroom area and one full bathroom, this condominium is an ideal choice for first-time buyers, investors or those who appreciate contemporary convenience and quality in an established neighbourhood.This modern condo was completed in 2014 and since then has become an excellent option for buyers seeking convenience and quality. The building's stunning exterior design is immediately eye-catching for prospective buyers – a brightly coloured façade with symmetrical designs dances with the sun and provides a cheerful entry to the interior section.This exclusive apartment boasts a variety of features and amenities. It has also been priced for convenience and value with a base price of ฿4,230,000 (฿82,537/SqM), a great deal for those wanting to take advantage of this unique opportunity. Topping it off is the neighbourhood it is situated in; Fa Ham is an up-and-coming area with a variety of restaurants and cafes, shopping malls and other amenities, making it a great place to settle down.Investors, first-time buyers, and those who appreciate modern convenience and quality will truly be impressed with this property. Come and see the beauty of the The Unique at Ruamchok project and discover the fantastically-priced condo opportunity of a lifetime. Don't wait; enquire today!

    Basic Information

    Date Listed Nov 3, 2016
    Updated 4 years ago
    Property Type Condo
    Floor 5
    Bedroom 1
    Size 552 Sqft
    Price per Sqft $222
    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, Company
    Furniture
    Unfurnished
    View(s) Blocked View
    Unit Type 1
    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.
    $52/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U787

    Investment Opportunity: Charges & Yield

    Sale Price
    $122,000
    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.
    $52/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 Unique at Ruamchok, and the current sales price.
    6%

    Project Details

    Project Name: The Unique at Ruamchok
    Developer: Tareena Property Co., Ltd
    Construction: Completed (Nov 2014)
    Floors: 7
    Buildings: 1
    Units: 72
    Project Area: 23,767 Sqft
    Nearest Landmark Ruamchok Mall - 0.3 Km
    Location: Fa Ham, Chiang Mai
    The Unique at Ruamchok 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
    Reception / Lobby Area Reception / Lobby Area
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at The Unique at Ruamchok

    • All
    • Fitness
    • Leisure
    5
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at The Unique at Ruamchok

    For Sale 8 For Rent 3
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Unique at Ruamchok
    View All (8)

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    Frequently Asked Questions

    No pets are allowed at The Unique at Ruamchok 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 $52 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 Unique at Ruamchok the required payment for the sinking fund is $14 per square meter based on the size of the indoor area of the property.
    Ruamchok Mall is the nearest Shopping Mall from The Unique at Ruamchok and it is 0.3 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 Unique at Ruamchok 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
    A great place, give 10 points.
    Chutikarn R., Thailand, 3 years ago
    The condo atmosphere is excellent. The room is beautiful and very spacious as well. It is comfortable and has complete facilities, including a swimming pool, a fitness center, car parks, and a strict security system. The location is excellent, next to the Sompoch Chiang Mai 700 Pi Road, opposite Lotus Ruamchok, and is only a 3-minute drive from Central Chiangmai Department Store. It's called as you can go to a single place that includes restaurants, shopping, and banks.
    Chiang Mai
    Fa Ham

    Neighborhood Overview

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