Unit ID: U1972460
5% Rental Yield
Suthep, Mueang Chiang Mai,Chiang Mai
$169,000
2 Bedrooms
2
Bathrooms
1,087 Sqft
Size
12
Floor
Dec 2009
Completed

About This Condo

This property is a 1,087 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Dec 2009. You can buy this condo for a base price of $169,000 ($156/Sqft).

2 Bedroom Fully Furnished Penthouse Duplex Condo

Usable area 101 sqm, 12 th floor Modern kitchen complete with a set of equipment that is easy and convenient. including Doi Suthep, the canal and the airport. Private parking Fully furnished furniture and complete electrical appliances. Ready to move in immediately: Air conditioning in every room Large 2-shelf refrigerator Built-in kitchen counter ready for use. The whole set of living room sofas is comfortable to sit on. Water heater Additional highlights: • An open plan living room with a balcony overlooking the Doi Suthep mountain, canal roads, and also seeing planes take off & landing without any noise. • Design living space . Get every square inch worth by installing Built-in furniture that is durable, waterproof, and moisture-proof. • High quality sanitary ware . • The stairs inside the room are made of real teak wood. • Chomdoi condo, a round building with good location in Nimman, Chiang Mai Province, quiet atmosphere. With swimming pool close to shopping and Chiang Mai University.

Basic Information

Date Listed Nov 19, 2024
Updated 14 hours ago
Property Type Condo
Floor 12
Bedrooms 2
Size 1,087 Sqft
Price per Sqft $156
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) N/A
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.
$73/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1972460

Investment Opportunity: Charges & Yield

Sale Price
$169,000
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.
$73/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.
21
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 condos at Chom Doi Condominium, and the current sales price.
5%

Project Details

Project Name: Chom Doi Condominium
Developer: N/A
Construction: Completed (Dec 2009)
Floors: 14
Buildings: N/A
Units: 59
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.8 Km
Location: Suthep, Chiang Mai
Chom Doi Condominium Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Chom Doi Condominium

For Sale 7 For Rent 2
Get notified when new homes are being added to Chom Doi Condominium
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Frequently Asked Questions

No pets are allowed at Chom Doi 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 ฿25 per square meter based on the size of indoor area of the property and is ฿2,525 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.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Chom Doi Condominium 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 Chom Doi Condominium 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

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Chiang Mai
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

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