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    2 Bedroom Condo for sale at Thaweephol Tower
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $52,200
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    2 Bedroom Condo for sale at Thaweephol Tower
     (Write Review)
    Unit ID: U1879504
    9% Rental Yield
    Tenant-Occupied until Jul 1, 2025
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
    $52,200
    2 Bedrooms
    1
    Bathroom
    544 Sqft
    Size
    12
    Floor
    Mar 1998
    Completed
    9
    Sale Price
    $52,200

    About This Condo

    This property is a 544 Sqft condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in Mar 1998. You can buy this condo for a base price of $52,200 ($96/Sqft) and it is also available for long term rentals starting from $379 per month.

    2 Bedrooms 1 Bathroom

    Fully Fernished

    Features

    Covered ParkingCovered Parking BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave

    Basic Information

    Date Listed Jun 20, 2024
    Updated 5 months ago
    Property Type Condo
    Floor 12
    Bedrooms 2
    Size 544 Sqft
    Price per Sqft $96
    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, Leasehold, Company
    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 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 U1879504

    Investment Opportunity: Charges & Yield

    Sale Price
    $52,200
    Rent
    $379/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.
    11
    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.
    9%

    Project Details

    Project Name: Thaweephol Tower
    Developer: N/A
    Construction: Completed (Mar 1998)
    Floors: 13
    Buildings: N/A
    Units: 168
    Project Area: N/A
    Nearest Landmark Maya Lifestyle Shopping Center - 1.1 Km
    Location: Chang Phueak, Chiang Mai
    Thaweephol Tower Project Details

    Project Features

    24H Security 24H Security
    Car Parking Car Parking

    Available Units at Thaweephol Tower

    For Sale 2 For Rent 3
    • All
    • 2 Beds
    Get notified when new homes are being added to Thaweephol Tower
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    Frequently Asked Questions

    No pets are allowed at Thaweephol Tower unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Maya Lifestyle Shopping Center is the nearest Shopping Mall from Thaweephol Tower and it is 1.1 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 Thaweephol Tower 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
    Chang Phueak

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