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    1 Bedroom Condo for sale at V Residence
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $63,800
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    1 Bedroom Condo for sale at V Residence
    (1 Review)
    Unit ID: U665602
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
    $63,800
    1 Bedroom
    1
    Bathroom
    353 Sqft
    Size
    1
    Floor
    Dec 2014
    Completed
    5
    Sale Price
    $63,800

    About This Condo

    This property is a 353 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 Dec 2014. You can buy this condo for a base price of $63,800 ($181/Sqft).

    Basic Information

    Date Listed Feb 23, 2021
    Updated 3 years ago
    Property Type Condo
    Floor 1
    Bedroom 1
    Size 353 Sqft
    Price per Sqft $181
    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
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) Blocked 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.
    $33/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U665602

    Investment Opportunity: Charges & Yield

    Sale Price
    $63,800
    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.
    $33/mo

    Project Details

    Project Name: V Residence
    Developer: N/A
    Construction: Completed (Dec 2014)
    Floors: 7
    Buildings: N/A
    Units: 138
    Project Area: N/A
    Nearest Landmark Maya Lifestyle Shopping Center - 0.8 Km
    Location: Chang Phueak, Chiang Mai
    V Residence Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area

    Available Units at V Residence

    • All
    • 1 Bed
    Get notified when new homes are being added to V Residence
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    Frequently Asked Questions

    No pets are allowed at V Residence 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 $33 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 V Residence the required payment for the sinking fund is $9 per square meter based on the size of the indoor area of the property.
    Maya Lifestyle Shopping Center is the nearest Shopping Mall from V Residence and it is 0.8 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 V Residence 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

    3.8 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The place is clean, but there is not enough parking space.
    James Kittichai, Thailand, 4 years ago
    The environment here is clean and tidy. The staff is ready to assist and provide good advice. You can rent here on a daily or monthly basis. The food at the restaurant is delicious, but the parking lot, which is quite small, may not be suitable for people who have a car. However, it meets the needs of both family and friends looking for a place to relax or travel at a reasonable price. The surroundings are also not desolate. There are many hotels and apartments to select from. In addition, the hotel is close to Chiang Mai Zoo and Chiang Mai University.
    Chiang Mai
    Chang Phueak

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