Unit ID: U1051000
7% Rental Yield
Chang Phueak, Mueang Chiang Mai,Chiang Mai
$217,000
2 Bedrooms
2
Bathrooms
1,335 Sqft
Size
5
Floor
Jan 2021
Completed

About This Condo

This property is a 1,335 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in Jan 2021. You can buy this condo for a base price of $217,000 ($162/Sqft).

Luxury 2 Bed &2 bath with mountain view

Details of Condo at Touch Hill Place, Two Bed & 2 Bathroom Condo no. 501 Fifth floor.  124.47 square meters  With mountain view , with communal pool Furnished to a very high standard  with hand made furniture  Terrace with retractable sun blinds and patio furniture  All floors in light beach flooring  All doors in dark hardwood Main Room Kitchen area  hand made western style kitchen with fridge/ freezer , built in washing machine sink with hot water , Black granite work tops . Induction  ring hob , dishwasher, built in microwave and fan oven  hob extractor  Granite breakfast bar  and 2 high stools Sold with all cooking pots and pans and cutlery  and crockery  Air conditioning in central recessed  ceiling  type Lounge area  High quality  leather 3 seat sofa with chez-long  TV console with 40” TV  VD and speakers  side table  Coffee table Dining Area   Six seater hand made dining table with 6 chairs  Shelf unit and shoe storage  Includes wall hangings and floor lights Bedroom 1   King sized double  bed with two bedside night stands with bedside lights  large side board with TV  Office table  and chair . Dressing table and chair with lighted mirror  Built in wardrobes with full length mirror Central ceiling Air conditioning  Wall art   On suit bathroom with WHB built in, bath and walk in shower Bedroom 2  King size double bed  with two side night stands and bedside night lights  Dressing table and chair with lighted wall mirror  Built in wardrobe with full length mirror  Side board  wall hangings  Bathroom built in WHB & mirror walk in large shower Windows Windows are full height sliding type .  A 3 curtain system on all full height  windows consisting of “sun block” curtains , privacy net curtains , dark brown décor curtains  Kitchen and bathroom 1 venetian blinds The apartment is sold with all hanging wall art Outgoings  Common area fee  33 bt psm PCM   49,290 per annum Water and Electricity  

Features

Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Jan 16, 2024
Updated 2 months ago
Property Type Condo
Floor 5
Bedrooms 2
Size 1,335 Sqft
Price per Sqft $162
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
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 Touch Hill Place Elegant
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.
$143/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1051000

Investment Opportunity: Charges & Yield

Sale Price
$217,000
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.
$143/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.
15
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 Touch Hill Place Elegant, and the current sales price.
7%

Project Details

Project Name: Touch Hill Place Elegant
Construction: Completed (Jan 2021)
Floors: 10
Buildings: 1
Units: 59
Project Area: 17,222 Sqft
Nearest Landmark Chiang Mai Zoo - 4.3 Km
Location: Chang Phueak, Chiang Mai
Touch Hill Place Elegant 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Popular Facilities at Touch Hill Place Elegant

  • Communal Pool
    1st Floor
  • Communal Gym
    2nd Floor
  • Sauna
    2nd Floor

Available Units at Touch Hill Place Elegant

For Sale 11 For Rent 9
Get notified when new homes are being added to Touch Hill Place Elegant
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Frequently Asked Questions

No pets are allowed at Touch Hill Place Elegant 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 $143 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 Touch Hill Place Elegant the required payment for the sinking fund is $12 per square meter based on the size of the indoor area of the property.
Chiang Mai Zoo is the nearest Tourist Attraction from Touch Hill Place Elegant and it is 4.3 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 Touch Hill Place Elegant you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
$1,450
1st Installment
Upon contract signing
2%
2nd Installment
On handover
98%

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

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The surrounding atmosphere is very natural
Mark Scott, Australia, 6 years ago
My friends and I have traveled to Thailand many times. But we usually go to Phuket. This time, I had the opportunity to travel to Chiang Mai for the first time and was impressed with the natural atmosphere and accommodation. We booked a penthouse to stay with 3 people. I can tell you that it's better than I thought. The rooms are clean, spacious, and decorated with quality furniture. The surrounding atmosphere is very natural. From the room, you can see the view of Doi Suthep as well. Besides, there are shops and restaurants nearby, making it convenient and easy to find food. And, there are many amenities here, such as the swimming pool, fitness center, sauna, and putt golf course. But unfortunately, my friend and I don't have time to use it at all. Every day, just go out to various attractions. If there is a chance, I'll come back and stay again for sure.
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Touch Hill Place Elegant

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
Touch Hill Place
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
99
Sales Prices
$121.41K - $153.2K
Monthly Rentals
$376 - $694
Year Built
Jan 2010
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
76
Sales Prices
$54.92K - $179.22K
▼ -24% underpriced
Monthly Rentals
$636
Year Built
Jun 2009
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
45
Sales Prices
$71.75K - $273.1K
▼ -11.1% underpriced
Monthly Rentals
$405 - $1.01K
Year Built
Dec 2017
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
54
Sales Prices
$69.66K - $82.67K
▼ -39% underpriced
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
74
Sales Prices
$153.2K - $448.05K
▼ -25% underpriced
Monthly Rentals
$694 - $809
Year Built
Aug 2013
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
77
Sales Prices
$92.5K
▼ -9% underpriced
Monthly Rentals
$578 - $723
Year Built
Oct 2010
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
1
Sales Prices
$2.57M
Monthly Rentals
N/A
Year Built
Jul 2024
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
110
Sales Prices
$92.5K - $216.8K
▼ -24% underpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
$54.63K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
92
Sales Prices
$107.86K - $267.06K
▼ -13.5% underpriced
Monthly Rentals
$723 - $983
Year Built
Dec 2019
Completion Status
Completed
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