Unit ID: U1955540
4% Rental Yield
Suthep, Mueang Chiang Mai,Chiang Mai
$45,800
Studio Bedroom
1
Bathroom
323 Sqft
Size
3
Floor
Dec 1987
Completed

About This Condo

This property is a 323 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Dec 1987. You can buy this condo for a base price of $45,800 ($142/Sqft).

Condo for Sale: 103 Condo 2

Condo for Sale: 103 Condo 2
  • Size: 30 sq.m., fully divided and decorated
  • Open view, perfect for relaxing and enjoying the beautiful sky on some days
  • Selling price: 1.59 million THB, including transfer fees
  • Comes with a tenant—start earning rental income immediately
  • Located on the 3rd floor with an open view of Kantary Hotel, no blocked corners
  • Fully furnished, including a complete kitchen setup and all necessary appliances
  • Ideal for Airbnb rentals
  ขายห้องสวย 103 คอนโด 2 ซอย 12 ·         ทำ airbnb ได้ ·         ห้อง ขนาด 30 ตร.ม. กั้นห้องและตกแจ่งเรียบร้อย ·         วิวโล่ง บางวันนั่ง Take view ฟ้าสวยๆ ได้ ·         ขาย 1.59 ล้านบาทรวมโอนให้ ·         ขายพร้อมผู้เช่า ซื้อปุ๊บรับผลตอบแทนปั๊บ ·         ชั้น 3 วิว รร. แคนทารี่ วิวไม่เป็นมุมอับ ·         รวมเฟอร์นิเจอร์ ส่วนทำครัวและเครื่องใช้ไฟฟ้า

Basic Information

Date Listed Oct 26, 2024
Updated 3 weeks ago
Property Type Condo
Floor 3
Bedroom Studio
Size 323 Sqft
Price per Sqft $142
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) Unblocked Open 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 U1955540

Investment Opportunity: Charges & Yield

Sale Price
$45,800
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.
24
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 studio condos at 103 Condominium 2, and the current sales price.
4%

Project Details

Project Name: 103 Condominium 2
Developer: N/A
Construction: Completed (Dec 1987)
Floors: 9
Buildings: N/A
Units: 120
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.8 Km
Location: Suthep, Chiang Mai
103 Condominium 2 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at 103 Condominium 2

For Sale 3 For Rent 1
Get notified when new homes are being added to 103 Condominium 2
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Frequently Asked Questions

No pets are allowed at 103 Condominium 2 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from 103 Condominium 2 and it is 0.8 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 103 Condominium 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

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great project, not far from downtown
Maria Schwarz, Germany, 5 years ago
This building exterior looks pretty old, but the interior is the opposite as it was recently renovated. I stayed in a one-bedroom unit; the space is not large but well-arranged. Shame that there aren't facilities like other condos, such as fitness and swimming pool. However, it's acceptable considering its price. The project is not far from Chiang Mai city and residential area, so there are shops and restaurants nearby, which is so convenient.
Chiang Mai
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby 103 Condominium 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
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
150
Sales Prices
$51.51K - $100.42K
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
370
Sales Prices
$54.07K - $658.94K
▼ -35% underpriced
Monthly Rentals
$374 - $1.01K
Year Built
Dec 2009
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
$93.2K - $172.65K
▼ -11% underpriced
Monthly Rentals
$575 - $691
Year Built
Nov 2010
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
$97.83K - $431.62K
Monthly Rentals
$1.44K
Year Built
Nov 2009
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
228
Sales Prices
$54.38K
Monthly Rentals
$403
Year Built
Apr 2007
Completion Status
Completed
Project Name
The Nimmana Condo
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
350
Sales Prices
$103.59K - $359.68K
▼ -3.3% underpriced
Monthly Rentals
$518 - $1.44K
Year Built
Mar 2015
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
75
Sales Prices
$99.27K - $195.22K
▼ -22.7% underpriced
Monthly Rentals
$374 - $1.29K
Year Built
Jan 2014
Completion Status
Completed
Project Name
103 Condo Nimman
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
100
Sales Prices
$44.6K - $77.4K
Monthly Rentals
N/A
Year Built
May 1970
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
72
Sales Prices
$100.68K - $489.17K
▼ -31.5% underpriced
Monthly Rentals
$806 - $863
Year Built
Jan 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
109
Sales Prices
$89.2K - $178.4K
Monthly Rentals
$432 - $719
Year Built
May 2009
Completion Status
Completed
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