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    1 Bedroom Condo for sale at The Vidi Condominium
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $112,000
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    1 Bedroom Condo for sale at The Vidi Condominium
     (Write Review)
    Unit ID: U1732716
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
    $112,000
    1 Bedroom
    1
    Bathroom
    527 Sqft
    Size
    4
    Floor
    Oct 2017
    Completed
    8
    Sale Price
    $112,000

    About This Condo

    This property is a 527 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 Oct 2017. You can buy this condo for a base price of $112,000 ($212/Sqft).

    Features

    Private PoolPrivate Pool Covered ParkingCovered Parking

    Basic Information

    Date Listed Feb 9, 2024
    Updated 10 months ago
    Property Type Condo
    Floor 4
    Bedroom 1
    Size 527 Sqft
    Price per Sqft $212
    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
    Unit Type N/A
    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.
    $57/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1732716

    Investment Opportunity: Charges & Yield

    Sale Price
    $112,000
    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.
    $57/mo

    Project Details

    Project Name: The Vidi Condominium
    Developer: Chiang Mai 99 Palm Co., Ltd.
    Construction: Completed (Oct 2017)
    Floors: 7
    Buildings: N/A
    Units: 98
    Project Area: N/A
    Nearest Landmark Maya Lifestyle Shopping Center - 0.5 Km
    Location: Chang Phueak, Chiang Mai
    The Vidi Condominium Project Details

    Project Features

    Hotel Managed Hotel Managed
    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

    Available Units at The Vidi Condominium

    • All
    • 1 Bed
    Get notified when new homes are being added to The Vidi Condominium
    View All (4)

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    Frequently Asked Questions

    No pets are allowed at The Vidi 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 $57 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 Vidi Condominium the required payment for the sinking fund is $13 per square meter based on the size of the indoor area of the property.
    Maya Lifestyle Shopping Center is the nearest Shopping Mall from The Vidi Condominium and it is 0.5 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 Vidi Condominium you have to follow these steps:

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

     


    Installment Milestone Payment
    Deposit
    Immediately
    $1,450
    1st Installment
    Upon contract signing
    10%
    2nd Installment
    30 days after contract signing
    40%
    3rd Installment
    On handover
    50%

    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

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    Chiang Mai
    Chang Phueak

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