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    2 Bedroom Condo for sale at The Unique at Nimman
    Suthep, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $197,000
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    2 Bedroom Condo for sale at The Unique at Nimman
     (Write Review)
    Unit ID: U1968411
    8% Rental Yield
    Suthep, Mueang Chiang Mai,Chiang Mai
    $197,000
    2 Bedrooms
    2
    Bathrooms
    969 Sqft
    Size
    6
    Floor
    Jan 2014
    Completed
    11
    Sale Price
    $197,000

    About This Condo

    This property is a 969 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Jan 2014. You can buy this condo for a base price of $197,000 ($203/Sqft).

    Features

    Pool AccessPool Access

    Basic Information

    Date Listed Nov 12, 2024
    Updated 1 month ago
    Property Type Condo
    Floor 6
    Bedrooms 2
    Size 969 Sqft
    Price per Sqft $203
    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) Mountain View
    Unit Type N/A
    Building The Unique at Nimman
    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.
    $92/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1968411

    Investment Opportunity: Charges & Yield

    Sale Price
    $197,000
    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.
    $92/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.
    13
    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 Unique at Nimman, and the current sales price.
    8%

    Project Details

    Project Name: The Unique at Nimman
    Developer: Tareena Property Co., Ltd
    Construction: Completed (Jan 2014)
    Floors: 8
    Buildings: 1
    Units: 75
    Project Area: 17,222 Sqft
    Nearest Landmark Maya Lifestyle Shopping Center - 0.5 Km
    Location: Suthep, Chiang Mai
    The Unique at Nimman 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
    Steam Room Steam Room
    Reception / Lobby Area Reception / Lobby Area
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at The Unique at Nimman

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at The Unique at Nimman

    For Sale 7 For Rent 7
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Unique at Nimman
    View All (7)

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    Frequently Asked Questions

    No pets are allowed at The Unique at Nimman 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 $92 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.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Unique at Nimman the required payment for the sinking fund is $15 per square meter based on the size of the indoor area of the property.
    Maya Lifestyle Shopping Center is the nearest Shopping Mall from The Unique at Nimman and it is 0.5 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 Unique at Nimman 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
    Suthep

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    Projects Nearby The Unique at Nimman

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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Location
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    Number of units
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    Sales Prices
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    Year Built
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    Completion Status
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