Unit ID: U1897193
8% Rental Yield
San Phisuea, Mueang Chiang Mai,Chiang Mai
$89,200
2 Bedrooms
1
Bathroom
560 Sqft
Size
6
Floor
Jun 2017
Completed

About This Condo

This property is a 560 Sqft condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in San Phisuea, Chiang Mai and was completed in Jun 2017. You can buy this condo for a base price of $89,200 ($159/Sqft).

The Grand Benefit 2

This stunning 2-bedroom condo offers panoramic mountain views, modern amenities, and a prime location, making it ideal for both investors and residents. Unwind in Luxury:
  • Breathtaking Vistas: Wake up to breathtaking mountain views from the 6th-floor balcony.
  • Move-In Ready: This fully furnished condo boasts a spacious living room, 2 bedrooms, 1 bathroom, and a convenient storage room.
  • High-End Finishes: Built-in furniture throughout the condo ensures a sleek and stylish feel.
Prime Location & Convenience:
  • 3 Minutes to Ruamchok Intersection: Enjoy easy access to transportation and city life.
  • Urban Hub: Within a 5-minute radius of Central Festival, Chiang Mai Government Center, and Lanna Hospital/Theppanya.
  • Educational Hub: Surrounded by international schools like Nakhon Payap International School, Singapore International School Chiang Mai, and Chiang Mai International School.
Investment Potential:
  • High Rental Returns: This condo can be easily converted to a successful Airbnb with its built-in furniture and proximity to amenities.
Unwind and Enjoy:
  • Resort-Style Amenities: Relax by the salt swimming pool, work out at the fitness center, or feel secure with the 24-hour security system.
  • Parking for Two Cars: Enjoy the convenience of on-site parking.

Features

BalconyBalcony

Basic Information

Date Listed Jul 23, 2024
Updated 3 months ago
Property Type Condo
Floor 6
Bedrooms 2
Size 560 Sqft
Price per Sqft $159
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
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 U1897193

Investment Opportunity: Charges & Yield

Sale Price
$89,200
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.
12
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 The Grand Benefit 2, and the current sales price.
8%

Project Details

Project Name: The Grand Benefit 2
Developer: K Home Asset
Construction: Completed (Jun 2017)
Floors: 8
Buildings: N/A
Units: 69
Project Area: N/A
Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 4.6 Km
Location: San Phisuea, Chiang Mai
The Grand Benefit 2 Project Details

Project Features

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 The Grand Benefit 2

For Sale 4 For Rent 3
Get notified when new homes are being added to The Grand Benefit 2
View All (4)

Loan Calculator

Frequently Asked Questions

No pets are allowed at The Grand Benefit 2 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from The Grand Benefit 2 and it is 4.6 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 The Grand Benefit 2 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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Good price, worth the investment
Tony Lee, China, 4 years ago
I bought a deluxe room when the project was launched. At first, I planned to rent it out, but finally, I decided to stay. I really like the room. The atmosphere of this project is calm and trendy. The room is quite large. There is a full set of built-in furniture as well as high-quality materials. The staff is pleasant and polite and the location is fantastic. It is convenient to go around because it is on the main road near the Ruamchok Intersection. And the price is worth it. Many people have made an offer to buy it, but I do not wish to sell it.
Chiang Mai
San Phisuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Grand Benefit 2

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
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
$187.04K
▲ 10% overpriced
Monthly Rentals
$1.87K
Year Built
N/A
Completion Status
Completed
Project Name
Laddarom Village
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
119
Sales Prices
$187.04K - $371.19K
▼ -5% underpriced
Monthly Rentals
$1.15K
Year Built
Apr 2013
Completion Status
Completed
Project Name
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Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
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San Phisuea, Mueang Chiang Mai, Chiang Mai
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139
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N/A
Year Built
Dec 2018
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
70
Sales Prices
$83.45K
▼ -27% underpriced
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Project Name
Siwalee Meechok
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
254
Sales Prices
$198.55K - $244.59K
▼ -1% underpriced
Monthly Rentals
$1.01K - $1.15K
Year Built
Dec 2013
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
$45.75K - $60.43K
▼ -23% underpriced
Monthly Rentals
N/A
Year Built
Aug 2015
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
84
Sales Prices
$601.39K - $1.09M
Monthly Rentals
N/A
Year Built
Dec 2024
Completion Status
Off Plan
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
1052
Sales Prices
$19.42K - $20.14K
Monthly Rentals
N/A
Year Built
Jan 2016
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
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Monthly Rentals
$834 - $921
Year Built
Jan 2022
Completion Status
Completed
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