Unit ID: U1928831
8% Rental Yield
Chang Khlan, Mueang Chiang Mai,Chiang Mai
$527,000
2 Bedrooms
2
Bathrooms
936 Sqft
Size
7
Floor
Sep 2016
Completed

About This Apartment

This property is a 936 Sqft apartment with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chang Khlan, Chiang Mai and was completed in Sep 2016. You can buy this apartment for a base price of $527,000 ($563/Sqft).

Features

Pool AccessPool Access Rooftop TerraceRooftop Terrace TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Sep 5, 2024
Updated 1 month ago
Property Type Apartment
Floor 7
Bedrooms 2
Size 936 Sqft
Price per Sqft $563
Pets Not Allowed
Apartment 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
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) City View, Unblocked Open View
Unit Type N/A
Building Anantara Chiang Mai Serviced Suites
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.
$141/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1928831

Investment Opportunity: Charges & Yield

Sale Price
$527,000
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.
$141/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.
13
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 2 bedroom apartments at Anantara Chiang Mai Serviced Suites, and the current sales price.
8%

Project Details

Construction: Completed (Sep 2016)
Floors: 7
Buildings: 1
Units: 44
Project Area: N/A
Nearest Landmark Warorot Market - 1 Km
Location: Chang Khlan, Chiang Mai
Anantara Chiang Mai Serviced Suites Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Popular Facilities at Anantara Chiang Mai Serviced Suites

  • Communal Pool
    1st Floor
  • Spa
    1st Floor
  • Reception / Lobby Area
    1st Floor

Available Units at Anantara Chiang Mai Serviced Suites

For Sale 8 For Rent 1
Get notified when new homes are being added to Anantara Chiang Mai Serviced Suites
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Frequently Asked Questions

No pets are allowed at Anantara Chiang Mai Serviced Suites 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 $141 for this apartment. 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 Anantara Chiang Mai Serviced Suites the required payment for the sinking fund is $16 per square meter based on the size of the indoor area of the property.
Warorot Market is the nearest Market from Anantara Chiang Mai Serviced Suites and it is 1 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 Anantara Chiang Mai Serviced Suites 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

4.4 out of 5
Based on
4 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Excellent location, located next to Ping River
Dahong Lin, Australia, 4 years ago
A private and quiet place to live in. The atmosphere is pleasant and shady. Located in a perfect location, next to the Ping River, Night Plaza, and Exchange. The design is elegant and luxurious. The staff is serviced-minded. Most of the people staying are foreigners. The spa offers good massages. A swimming pool comes with a beautiful view.
Couldn't explain how much I love it!
Dorminik Schmidt, Germany, 4 years ago
I had a chance to visit many hotels in the Anantara group, such as Phuket, Sanuit, and Chaing Rai. I was impressed by every stay, so this time I decided to return to Anantara again. Not a bad decision at all. The staff impressed me with very good services, and the room was super comfy. One that I chose was a spacious 2-bedroom with marvelous decoration. The wooden finish gave a sense of Lanna. Another highlight was its location next to the Ping River. You can adore the view from the balcony. Couldn't explain how much I love it!
A romantic condo in the center of Chiang Mai
Kanokwan R., Thailand, 5 years ago
My wife and I visited Chiang Mai and rented a hotel to stay for a week. The staff warmly welcomed us and served us very well. I rented 1 bedroom to stay with my wife. The condo is beautifully decorated with wood, giving a sense of luxury. It was very tranquil and ideal for a relaxed place. The room interior was spacious and very proportionate. Also, there were many amenities in the room, such as a closet, a TV, a living room, and a bathroom. What I loved here was the balcony because I thought it would be the project highlight. When we walked through the wooden balcony, it gave a tranquil atmosphere and shady at day time. The common facilities were also complete as other projects, comprising a fitness center, a spa, a communal pool, and an on-site restaurant. One more highlight that I loved most was the project location as it is close to Ping River. The evening atmosphere is very stunning and suitable for having a special dinner with my wife. If anyone is looking for a condo in Chiang Mai, I will recommend it here. It is very cozy and tranquil. It's also close to Chiang Mai city and near tourist destinations. More importantly, it is easily accessible.
Beautiful condo decorated with luxurious woodwork
Kimberly D., Germany, 5 years ago
Beautiful condo decorated with woodwork architecture that is very valuable, inviting to live in, surrounded by beautiful scenery. Ideal for relaxation. Also, the condo location is not far from tourist attractions, convenience stores, or restaurants near the condo, which is very convenient. In the project, various services are superior, giving a real feeling of relaxation. I would recommend foreigners who are interested in staying at this condo to stay here, warmly welcome. The staff is lovely, friendly, and the neighbors are very nice.
Chiang Mai
Chang Khlan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Anantara Chiang Mai Serviced Suites

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
The Erawan Condo
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
84
Sales Prices
$119.6K - $402.09K
▼ -24% underpriced
Monthly Rentals
N/A
Year Built
Dec 2021
Completion Status
Completed
Project Name
Peaks Garden
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
77
Sales Prices
$99.09K - $443.7K
▼ -30% underpriced
Monthly Rentals
$562 - $799
Year Built
Dec 2006
Completion Status
Completed
Project Name
Twin Peaks
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
$125.71K - $680.34K
▲ 7% overpriced
Monthly Rentals
$444 - $1.63K
Year Built
Dec 2012
Completion Status
Completed
Project Name
Peaks Avenue
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
28
Sales Prices
$177.48K - $384.54K
▼ -23.3% underpriced
Monthly Rentals
$1.12K - $2.07K
Year Built
Dec 2015
Completion Status
Completed
Project Name
The Astra Condo
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
589
Sales Prices
$124.24K - $677.38K
▼ -18% underpriced
Monthly Rentals
$592 - $1.63K
Year Built
Oct 2017
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
220
Sales Prices
$38.42K
▼ -11% underpriced
Monthly Rentals
$266
Year Built
Jan 1998
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
$50.29K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Supanich Condo
Location
Wat Ket, Mueang Chiang Mai, Chiang Mai
Number of units
40
Sales Prices
$47.03K - $78.35K
Monthly Rentals
$592
Year Built
Dec 2005
Completion Status
Completed
Project Name
Astra Sky River
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
520
Sales Prices
$99.57K - $857.31K
▲ 1% overpriced
Monthly Rentals
$710 - $2.81K
Year Built
Dec 2021
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
108
Sales Prices
$78.39K - $789.78K
▲ 8.6% overpriced
Monthly Rentals
$444 - $739
Year Built
Aug 2014
Completion Status
Completed
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