Unit ID: U788
6% Rental Yield
Fa Ham, Mueang Chiang Mai,Chiang Mai
$110,000 $143,000 Great Price
1 Bedroom
1
Bathroom
622 Sqft
Size
5
Floor
Nov 2014
Completed

About This Condo

This property is a 622 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 $110,000 ($177/Sqft).

Luxury 1 Bed Condo at The Unique at Ruamchok, Chiang Mai

This luxurious, one-bedroom condo within the The Unique at Ruamchok development in Fa Ham, Chiang Mai is an excellent option for prospective buyers looking to invest in a prime property. The development, completed in November 2014, has been masterfully crafted to provide high-quality standards and satiate modern demands. The 57.80 SqM space comprise of one bedroom, one bathroom and a balcony that overlooks an enchanting garden. Endowed with natural tones and muted colours, the condo is easy to customise, and space is optimised for seamless living.All necessary amenities are within close proximity of the condo. Residents have easy access to various markets, restaurants, hospitals and entertainment areas. The Unique at Ruamchok is a complex that offers a wide range of benefits. With a 24-hour security guard, there is always heightened protection and a recreational area where residents can engage in various activities and spend quality time with the family. This highly desirable condo is available for sale at a base price of ฿3,737,000 (฿64,654/SqM). This opportunity is ideal for prospective buyers that wish to invest in a genuine property in a vibrant area. For more information on this charming condo, we invite you to get in touch with us directly. Our team looks forward to helping you unlock the possibilities of living in one of Chiang Mai's finest condominium developments.

Features

Corner UnitCorner Unit

Basic Information

Date Listed Nov 3, 2016
Updated 4 years ago
Property Type Condo
Floor 5
Bedroom 1
Size 622 Sqft
Price per Sqft $177
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.
$60/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U788

Investment Opportunity: Charges & Yield

Sale Price
$110,000
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.
$60/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
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

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at The Unique at Ruamchok

For Sale 8 For Rent 3
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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 $60 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 $15 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

Location and Neighborhood

Street View

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