Unit ID: U33009
5% Rental Yield
Chang Phueak, Mueang Chiang Mai,Chiang Mai
$205,000 Great Price
2 Bedrooms
2
Bathrooms
1,350 Sqft
Size
10
Floor
May 2005
Completed

About This Condo

This property is a 1,350 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in May 2005. You can buy this condo for a base price of $205,000 ($152/Sqft).

Coveted Hillside Plaza & Condotel 4 - Grand Living in Spectacular Chiang Mai

Strategically located in one of the most desirable areas in Chiang Mai, Hillside Plaza & Condotel 4 is one of the foremost residential spaces in the area and it has an impressive range of amenities. This 125.40 SqM condo is situated within the complex and is an excellent option for any discerning investor.Featuring two spacious bedrooms and two bathrooms, it offers generous living space and is tastefully appointed throughout. It also has ample storage, a high-end kitchen with stylish countertops, and a magnificent balcony with views of the surrounding cityscape—all of which are sure to provide excellent value for money.This condo was recently completed in May 2005 and is currently available for sale with a base price tag of ฿7,022,400 (฿56,000/SqM). The owner has taken careful steps to optimize the value of the condo, thus creating an irresistible offer of comfort and convenience.Hillside Plaza & Condotel 4 is an attractive area to reside in and offers plenty of facilities such as swimming pools, fitness and recreational centers. The condo's central location provides easy access to a variety of entertainment options and amenities such as shopping centers, supermarkets, schools, hospitals and more.To truly appreciate this condominium's worth, it is advisable to inspect it and the building in which it is situated. Do not miss out on this impressive residential space, offering a fantastic opportunity to own a piece of one of the most desirable areas in Chiang Mai. Contact us today to enquire further.

Features

BalconyBalcony

Basic Information

Date Listed Sep 11, 2017
Updated 4 years ago
Property Type Condo
Floor 10
Bedrooms 2
Size 1,350 Sqft
Price per Sqft $152
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) City View
Unit Type 2BR
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.
$91/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U33009

Investment Opportunity: Charges & Yield

Sale Price
$205,000
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.
$91/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.
20
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 Hillside Plaza & Condotel 4, and the current sales price.
5%

Project Details

Developer: N/A
Construction: Completed (May 2005)
Floors: 15
Buildings: N/A
Units: 587
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.4 Km
Location: Chang Phueak, Chiang Mai
Hillside Plaza & Condotel 4 Project Details

Project Features

Hotel Managed Hotel Managed
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
Reception / Lobby Area Reception / Lobby Area

Available Units at Hillside Plaza & Condotel 4

For Sale 16 For Rent 11
Updated 1 week ago
Available Units at Hillside Plaza & Condotel 4
$247,000
$140/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,767 Sqft Size
Floor 12 Floor
Foreign Quota Fully Furnished Unblocked Open View
Available Units at Hillside Plaza & Condotel 4
$160,000
$155/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,031 Sqft Size
Floor 11 Floor
Foreign Quota Fully Furnished Unblocked Open View
Available Units at Hillside Plaza & Condotel 4
$64,100
$132/Sqft
Beds 1 Beds
Baths 1 Baths
Size 484 Sqft Size
Floor 10 Floor
Thai Quota Fully Furnished
Updated 2 weeks ago
Available Units at Hillside Plaza & Condotel 4
$62,600
$129/Sqft
Beds Studio Beds
Baths 1 Baths
Size 484 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished
Available Units at Hillside Plaza & Condotel 4
$114,000
$188/Sqft
Beds Studio Beds
Baths 1 Baths
Size 605 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
$81,800
$133/Sqft
Great Price
Beds Studio Beds
Baths 1 Baths
Size 617 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
$312,000
$141/Sqft
Great Price
Beds 3 Beds
Baths 3 Baths
Size 2,216 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
$201,000
$149/Sqft
Good Price
Beds 2 Beds
Baths 2 Baths
Size 1,350 Sqft Size
Floor 9 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
$361,000
$186/Sqft
Great Price
Beds 2 Beds
Baths 3 Baths
Size 1,938 Sqft Size
Floor 12 Floor
Thai Quota Partly Furnished Mountain View
Available Units at Hillside Plaza & Condotel 4
$205,000
$152/Sqft
Good Price
Beds 2 Beds
Baths 2 Baths
Size 1,350 Sqft Size
Floor 10 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
$324,000
$146/Sqft
Good Price
Beds 3 Beds
Baths 3 Baths
Size 2,216 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
$263,000
$149/Sqft
Good Price
Beds 2 Beds
Baths 2 Baths
Size 1,767 Sqft Size
Floor 9 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
$493,000
$138/Sqft
Good Price
Beds 3 Beds
Baths 3 Baths
Size 3,569 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
$282,000
$143/Sqft
Great Price
Beds 2 Beds
Baths 1 Baths
Size 1,964 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
$502,000
$141/Sqft
Beds 3 Beds
Baths 3 Baths
Size 3,569 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
$282,000
$160/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,767 Sqft Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to Hillside Plaza & Condotel 4
View All (16)

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Frequently Asked Questions

No pets are allowed at Hillside Plaza & Condotel 4 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 $91 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 Hillside Plaza & Condotel 4 and it is 0.4 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 Hillside Plaza & Condotel 4 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

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo in the heart of Chiang Mai City
Solya smith, United States, 6 years ago
This condo is located in Chiang Mai downtown. It's conveniently close to all amenities, including markets, restaurants, schools, hospitals, and famous tourist attractions. The great location made me decide to rent the room here. It is a 45 square meters studio room designed in a modern style. The room is quite spacious and suitable for me to stay alone, fully-fitted with furniture, a refrigerator, cooking utensils and home appliances. The facilities in the project are complete. It has an excellent management system, a reception, internet access, parking spaces, and 24-hour security guards. For me, I am very satisfied staying here
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Hillside Plaza & Condotel 4

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
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
70
Sales Prices
$101.98K
▲ 28% overpriced
Monthly Rentals
$379 - $524
Year Built
Aug 2018
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
$99.07K - $122.38K
▲ 0.7% overpriced
Monthly Rentals
$408
Year Built
Feb 2018
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
$97.61K - $107.52K
Monthly Rentals
$554 - $583
Year Built
Dec 2017
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
$101.98K
▲ 14% overpriced
Monthly Rentals
$350 - $495
Year Built
Aug 2016
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
$84.21K
Monthly Rentals
N/A
Year Built
Jun 2015
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
68
Sales Prices
$97.61K - $110.72K
▼ -0.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
$94.7K
Monthly Rentals
$437
Year Built
Aug 2015
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
$46.33K
Monthly Rentals
$524
Year Built
Jan 2010
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
98
Sales Prices
$93.24K - $116.26K
Monthly Rentals
N/A
Year Built
Oct 2017
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
$63.81K
Monthly Rentals
$262
Year Built
Dec 2013
Completion Status
Completed
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