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    2 Bedroom Condo for sale at Parano Condo @ Chiangmai
    Tha Sala, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $116,000
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    2 Bedroom Condo for sale at Parano Condo @ Chiangmai
     (Write Review)
    Unit ID: U1837616
    5% Rental Yield
    Tenant-Occupied until Jul 31, 2025
    Tha Sala, Mueang Chiang Mai,Chiang Mai
    $116,000
    2 Bedrooms
    2
    Bathrooms
    702 Sqft
    Size
    8
    Floor
    Nov 2015
    Completed
    8
    Sale Price
    $116,000

    About This Condo

    This property is a 702 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Tha Sala, Chiang Mai and was completed in Nov 2015. You can buy this condo for a base price of $116,000 ($165/Sqft) and it is also available for long term rentals starting from $435 per month.

    2bedrooms 2bathrooms, living room and kitchen

    3 A/C, washing machine, refrigerator and microwave

    Features

    Private GymPrivate Gym Pool AccessPool Access Garden AccessGarden Access BalconyBalcony Washing MachineWashing Machine

    Basic Information

    Date Listed May 16, 2024
    Updated 4 months ago
    Property Type Condo
    Floor 8
    Bedrooms 2
    Size 702 Sqft
    Price per Sqft $165
    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) City 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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1837616

    Investment Opportunity: Charges & Yield

    Sale Price
    $116,000
    Rent
    $435/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.
    22
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    5%

    Project Details

    Project Name: Parano Condo @ Chiangmai
    Developer: N/A
    Construction: Completed (Nov 2015)
    Floors: 8
    Buildings: N/A
    Units: 185
    Project Area: N/A
    Nearest Landmark Bangkok Hospital Chiang Mai - 2.8 Km
    Location: Tha Sala, Chiang Mai
    Parano Condo @ Chiangmai Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    Car Parking Car Parking

    Available Units at Parano Condo @ Chiangmai

    For Sale 2 For Rent 1
    • All
    • 2 Beds
    Get notified when new homes are being added to Parano Condo @ Chiangmai
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    Frequently Asked Questions

    No pets are allowed at Parano Condo @ Chiangmai unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Bangkok Hospital Chiang Mai is the nearest Hospital from Parano Condo @ Chiangmai and it is 2.8 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 Parano Condo @ Chiangmai 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
    Tha Sala

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