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    2 Bedroom Condo for sale at Twin Peaks
    Chang Khlan, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $291,000
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    2 Bedroom Condo for sale at Twin Peaks
    (5 Reviews)
    Unit ID: U1650676
    6% Rental Yield
    Chang Khlan, Mueang Chiang Mai,Chiang Mai
    $291,000
    2 Bedrooms
    2
    Bathrooms
    1,453 Sqft
    Size
    7
    Floor
    Dec 2012
    Completed
    17
    Sale Price
    $291,000

    About This Condo

    This property is a 1,453 Sqft condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chang Khlan, Chiang Mai and was completed in Dec 2012. You can buy this condo for a base price of $291,000 ($201/Sqft).

    135m/2 Very large 2 bedroom 2 bathroom 2 balcony corner unit

    Luxury condominium in a reputable area of central Chiang Mai rated as the best value for money. Twin Peaks is acknowledged as one of the top flight condominiums in Thailand’s second city Chiang Mai.    For over a decade it has retained its reputation as one of the best owner-managed and cared for residential properties and is well placed in a private lane (soi) off Chang Klan Road.  Its unique position allows for easy access to the Old City and its amenities and the famous Night Market nearby.  There are numerous restaurants, shops, spas surrounding Twin Peaks and the Ping River is nearby.  A well-known supermarket is also within easy walking distance.  There is a ready supply of public transport, taxis and similar call services. An important addition to peace of mind, the city’s airport, bus and railway stations are only 20 minutes away. Set in an attractive environment incorporating trees and shrubs, these pet friendly contemporary twin eight-story buildings were designed by a Japanese architect.  The entrance and lobby area are spacious and opulent as are the apartments.  Amenities such as the swimming pool with its adjacent lounge area for socializing are of a high standard as is the gym and sauna.   A high speed internet service is incorporated throughout the condo.  Twin Peaks also enjoys the availability of C9, a friendly in-house café / restaurant and spa.  Safety and security is assured by trained guards on duty 24/7.   Twin Peaks also offers extra security by providing a daily police check.  Owners and residents have the services of its in-house cleaning staff and maintenance team.  For owners and prospective buyers, there is a property management service available to deal with sales and rentals of units.  CAMS (Common Area Management Service) fees are one of the lowest (at Thb 44 per m/2) due to it being partially subsidized by income generated from the in-house restaurant and spa rentals as well as agency, cleaning and maintenance services provided. 135 m2: 2 bedroom with full bathrooms on suite with hot water, full showers and 1 bath Large full kitchen Open plan dining and large lounge 2 Big balconies with plants with outside taps for watering Pets allowed Parking Fully air-conditioned Well maintained and in good condition Swimming pool, sauna, gym and common area lounge.

    Features

    Pool AccessPool Access Covered ParkingCovered Parking Corner UnitCorner Unit Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen

    Basic Information

    Date Listed Aug 11, 2023
    Updated 1 month ago
    Property Type Condo
    Floor 7
    Bedrooms 2
    Size 1,453 Sqft
    Price per Sqft $201
    Pets All Kind of Pets 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
    Unfurnished
    View(s) City View
    Unit Type N/A
    Building Twin Peaks
    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.
    $138/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1650676

    Investment Opportunity: Charges & Yield

    Sale Price
    $291,000
    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.
    $138/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.
    18
    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 Twin Peaks, and the current sales price.
    6%

    Project Details

    Project Name: Twin Peaks
    Developer: Saha Asia Pacific Co., Ltd.
    Construction: Completed (Dec 2012)
    Floors: 8
    Buildings: 1
    Units: 79
    Project Area: 34,466 Sqft
    Nearest Landmark Chiang Mai Night Bazaar - 0.7 Km
    Location: Chang Khlan, Chiang Mai
    Twin Peaks 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
    Spa Spa
    Steam Room Steam Room
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area

    Popular Facilities at Twin Peaks

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor
    • Reception / Lobby Area
      Ground Floor

    Available Units at Twin Peaks

    For Sale 8 For Rent 11
    • All
    • 1 Bed
    • 2 Beds
    • 5 Beds
    Get notified when new homes are being added to Twin Peaks
    View All (8)

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    Frequently Asked Questions

    All kind of pets are allowed at Twin Peaks including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $138 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.
    Chiang Mai Night Bazaar is the nearest Market from Twin Peaks and it is 0.7 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 Twin Peaks 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
    10%
    1st Installment
    Upon contract signing
    40%
    2nd Installment
    On handover
    50%

    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

    4.3 out of 5
    Based on
    5 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The serive is an excellent and complete with a full range of facilities
    Sawinee Shuchai, Thailand, 5 years ago
    I like the common condo facilities of this condo because I love doing spa treatment and saunas regularly. Life is so convenient for me as I didn't have to go out to take outside services. I can take leisure on my vacation happily. The location is also okay, close to the convenience stores, restaurants, and not far from the office and Chiang Mai International Airport. It makes my journey easier. I have stayed here for a while. It is a nice atmosphere, lovely staff, and an excellent security system. The room was spacious, nicely decorated with furniture. All living areas are perfectly in zones, not cluttered. Life is so convenient. In general, it is suitable for room prices.
    Although I've been here for almost a year
    Cara Zerangue, United States, 6 years ago
    Although I've been here for almost a year, I have never found any serious problems. Nice location in the downtown and close to the Night Plaza, yet the site is private and quiet. The room has 2 bedrooms which are wide and fully-furnished. The project also has additional services such as a maid and laundry, super convenient!
    The condo is suitable for two people, not uncomfortable.
    Akkapon W., Thailand, 6 years ago
    It is a modern low-rise condo conveniently located within easy travel distance. The project site includes a large and beautiful design swimming pool. The common area and 24-hour security system give a feeling of security. The room I rented was 2 bedrooms, which is the perfect size for couples. It is very worthwhile. My friends and I are impressed here.
    Condo in the center of the city, easy to travel, but have to have a private car.
    Anuwat K., Thailand, 6 years ago
    The condo location is convenient because it is located in the center of the city. However, if you want to go somewhere, it's better to use a private car because the bus fare is sometimes too expensive. The condo is only 8 floors high, with not many rooms, so it is not too crowded. I live in a 2 bedroom room with my boyfriend. I think it's too big for us. Anyway, It's good to have a large area for friends to hang out or organize parties. The staff here are friendly and helpful. The disadvantage is that Wi-Fi is not available sometimes, so I have to buy personal internet instead !!
    5-Star service, next to Shangri-La hotel, and have many famous restaurants
    Jinhee Kim, South Korea, 6 years ago
    The location of the condo is great, located in the center of the city on Chang Khlan Road, opposite Krung Thai Bank and close to the Shangri-La Hotel, which is quite private, not crowded with people. Near the Night Bazaar and Nimman Road, ​​the project neighborhood has many famous restaurants. The exterior still looks new and clean. The room is spacious. There is a large kitchen corner, a refrigerator, and a microwave oven suitable for cooking. The decoration is luxurious with a blend of Lanna styles and wooden materials. There is a small balcony. From the room, you can see a pool view; and common areas are fully equipped with parking, Wi-Fi, the rooftop garden, a resting area, and a swimming pool to chill out and get a cool breeze. The project also has a reception that welcomes and solves problems quite quickly. Unfortunately, the condo is not pet-friendly. Now, I can only have a fish in a cute aquarium tank.
    Chiang Mai
    Chang Khlan

    Neighborhood Overview

    Location and Neighborhood

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