Unit ID: U1013340
6% Rental Yield
Chang Phueak, Mueang Chiang Mai,Chiang Mai
$57,500 Great Price
2 Bedrooms
1
Bathroom
646 Sqft
Size
10
Floor
Oct 1998
Completed

About This Condo

This property is a 646 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 Oct 1998. You can buy this condo for a base price of $57,500 ($89/Sqft).

Features

BalconyBalcony

Basic Information

Date Listed Jul 6, 2021
Updated 10 months ago
Property Type Condo
Floor 10
Bedrooms 2
Size 646 Sqft
Price per Sqft $89
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
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) Mountain View
Unit Type 2 BR
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 U1013340

Investment Opportunity: Charges & Yield

Sale Price
$57,500
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.
16
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 Hill Park, and the current sales price.
6%

Project Details

Project Name: The Hill Park
Developer: N/A
Construction: Completed (Oct 1998)
Floors: 14
Buildings: N/A
Units: 120
Project Area: N/A
Nearest Landmark Nimman - 1 Km
Location: Chang Phueak, Chiang Mai
The Hill Park Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at The Hill Park

For Sale 4 For Rent 1
Get notified when new homes are being added to The Hill Park
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Frequently Asked Questions

No pets are allowed at The Hill Park unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Nimman is the nearest Neighborhood from The Hill Park and it is 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 The Hill Park 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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It’s another project in the city
Janice K., Canada, 6 years ago
It’s another project in the city, surrounded by local amenities such as shopping malls, shops, restaurants, and walking streets like Kad Na Mo within a few mins. There are also complete facilities like a swimming pool, fitness center, and shops in the common area. By the way, my room is a one-bedroom unit. It is so spacious and comes with quality furniture. It is the perfect condo both inside and outside.
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Hill Park

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
Project Name
V Residence
Location
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Sales Prices
$63.3K - $94.02K
▼ -11.5% underpriced
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Completion Status
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Project Name
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Location
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Number of units
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Sales Prices
$63.3K - $316.52K
▼ -24% underpriced
Monthly Rentals
$518 - $834
Year Built
Nov 2009
Completion Status
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Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
$100.42K - $158.26K
▼ -50% underpriced
Monthly Rentals
$259 - $719
Year Built
Dec 1996
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
59
Sales Prices
$40.28K - $181.28K
Monthly Rentals
$432 - $518
Year Built
Dec 2009
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
166
Sales Prices
$71.79K
▼ -32% underpriced
Monthly Rentals
N/A
Year Built
Feb 2014
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
176
Sales Prices
$43.16K - $53.23K
Monthly Rentals
N/A
Year Built
Oct 2009
Completion Status
Completed
Project Name
Baan Hor Kum
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
112
Sales Prices
$63.3K - $244.59K
▼ -23% underpriced
Monthly Rentals
N/A
Year Built
Dec 1996
Completion Status
Completed
Project Name
Thaweephol Tower
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
168
Sales Prices
$50.36K - $51.51K
Monthly Rentals
$374 - $460
Year Built
Mar 1998
Completion Status
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Project Name
Stylish Chiangmai
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
99
Sales Prices
$86.04K - $244.59K
▼ -16.5% underpriced
Monthly Rentals
$806
Year Built
Dec 2014
Completion Status
Completed
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