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    Studio Condo for sale at Chiang Mai Riverside Condominium
    Nong Hoi, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $58,000
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    Studio Condo for sale at Chiang Mai Riverside Condominium
    (1 Review)
    Unit ID: U1156906
    10% Rental Yield
    Nong Hoi, Mueang Chiang Mai,Chiang Mai
    $58,000
    Studio Bedroom
    1
    Bathroom
    495 Sqft
    Size
    18
    Floor
    Jan 1993
    Completed
    9
    Sale Price
    $58,000

    About This Condo

    This property is a 495 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Nong Hoi, Chiang Mai and was completed in Jan 1993. You can buy this condo for a base price of $58,000 ($117/Sqft).

    Features

    BalconyBalcony Fully RenovatedFully Renovated TVTV

    Basic Information

    Date Listed Nov 1, 2022
    Updated 2 years ago
    Property Type Condo
    Floor 18
    Bedroom Studio
    Size 495 Sqft
    Price per Sqft $117
    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
    N/A
    View(s) Mountain 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.
    $20/mo
    Listed By
    Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1156906

    Investment Opportunity: Charges & Yield

    Sale Price
    $58,000
    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.
    $20/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.
    10
    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 Chiang Mai Riverside Condominium, and the current sales price.
    10%

    Project Details

    Project Name: Chiang Mai Riverside Condominium
    Developer: Vorrawut Group
    Construction: Completed (Jan 1993)
    Floors: 18
    Buildings: 1
    Units: 500
    Project Area: 73,195 Sqft
    Nearest Landmark Wiang Kum Kam - 2.1 Km
    Location: Nong Hoi, Chiang Mai
    Chiang Mai Riverside Condominium Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Key card access Key card access

    Popular Facilities at Chiang Mai Riverside Condominium

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

    Available Units at Chiang Mai Riverside Condominium

    For Sale 20 For Rent 9
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Available Units at Chiang Mai Riverside Condominium
    $49,000
    $99/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 3 Floor
    Foreign Quota Fully Furnished River or Canal View
    Available Units at Chiang Mai Riverside Condominium
    $102,000
    $119/Sqft
    Beds 2 Beds
    Baths 1 Baths
    Size 850 Sqft Size
    Floor 4 Floor
    Foreign Quota Partly Furnished River or Canal View
    Available Units at Chiang Mai Riverside Condominium
    $43,500
    $88/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 17 Floor
    Thai Quota Partly Furnished Mountain View
    Available Units at Chiang Mai Riverside Condominium
    $43,500
    $88/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 3 Floor
    Thai Quota Partly Furnished City View
    Available Units at Chiang Mai Riverside Condominium
    $51,900
    $105/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 18 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Chiang Mai Riverside Condominium
    $168,000
    $107/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 1,572 Sqft Size
    Floor 7 Floor
    Thai Quota Fully Furnished River or Canal View
    Available Units at Chiang Mai Riverside Condominium
    $43,500
    $88/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 5 Floor
    Foreign Quota Fully Furnished Unblocked Open View
    Available Units at Chiang Mai Riverside Condominium
    $53,700
    $108/Sqft
    Beds 1 Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 15 Floor
    Thai Quota Fully Furnished City View
    Available Units at Chiang Mai Riverside Condominium
    $51,600
    $104/Sqft
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 14 Floor
    Thai Quota Fully Furnished Unblocked Open View
    Available Units at Chiang Mai Riverside Condominium
    $51,600
    $104/Sqft
    Good Price
    Beds Studio Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 8 Floor
    Thai Quota Fully Furnished River or Canal View
    Available Units at Chiang Mai Riverside Condominium
    $50,800
    $103/Sqft
    Great Price
    Beds Studio Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 15 Floor
    Fully Furnished Unblocked Open View
    Available Units at Chiang Mai Riverside Condominium
    $50,800
    $103/Sqft
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 18 Floor
    Thai Quota Fully Furnished Unblocked Open View
    Available Units at Chiang Mai Riverside Condominium
    $50,800
    $103/Sqft
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 17 Floor
    Thai Quota Fully Furnished Unblocked Open View
    Available Units at Chiang Mai Riverside Condominium
    $46,100
    $91/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 506 Sqft Size
    Floor 13 Floor
    Thai Quota Mountain View
    Available Units at Chiang Mai Riverside Condominium
    $102,000
    $119/Sqft
    Great Price
    Beds 2 Beds
    Baths 2 Baths
    Size 850 Sqft Size
    Floor 15 Floor
    Thai Quota Fully Furnished River or Canal View
    Available Units at Chiang Mai Riverside Condominium
    $58,000
    $117/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 18 Floor
    Thai Quota Mountain View
    Available Units at Chiang Mai Riverside Condominium
    $39,200
    $79/Sqft
    Beds Studio Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 5 Floor
    Thai Quota City View
    Available Units at Chiang Mai Riverside Condominium
    $50,800
    $103/Sqft
    Good Price
    Beds 1 Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 6 Floor
    Thai Quota Partly Furnished River or Canal View
    Available Units at Chiang Mai Riverside Condominium
    $122,000
    $143/Sqft
    Beds 2 Beds
    Baths 2 Baths
    Size 850 Sqft Size
    Floor 15 Floor
    Thai Quota Fully Furnished Unblocked Open View
    Available Units at Chiang Mai Riverside Condominium
    $50,800
    $103/Sqft
    Great Price
    Beds Studio Beds
    Baths 1 Baths
    Size 495 Sqft Size
    Floor 6 Floor
    Thai Quota Fully Furnished River or Canal View
    Get notified when new homes are being added to Chiang Mai Riverside Condominium
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    Loan Calculator

    Frequently Asked Questions

    No pets are allowed at Chiang Mai Riverside Condominium 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 $0 per square meter based on the size of indoor area of the property and is $20 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.
    Wiang Kum Kam is the nearest Tourist Attraction from Chiang Mai Riverside Condominium and it is 2.1 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 Chiang Mai Riverside Condominium 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
    Another quality condo project in Chiang Mai
    Latina G., Thailand, 6 years ago
    It's a great condo and worth the price. I enjoyed my stay here. I'm impressed with the project's design. It is livable. The room is very spacious. There is enough space to use and well-organized areas. Moreover, the furniture is luxurious and durable. There are many fantastic facilities, such as a gym, a pool, etc. This place is also close to amenities. Super convenient! The neighbors are friendly. The staff is excellent. Overall, this place is great.
    Chiang Mai
    Nong Hoi

    Neighborhood Overview

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