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    Studio Condo for sale at Galae Thong Tower
    Pa Daet, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $35,500
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    Studio Condo for sale at Galae Thong Tower
    (2 Reviews)
    Unit ID: U1707866
    8% Rental Yield
    Pa Daet, Mueang Chiang Mai,Chiang Mai
    $35,500
    Studio Bedroom
    1
    Bathroom
    452 Sqft
    Size
    8
    Floor
    Jan 1995
    Completed
    10
    Sale Price
    $35,500

    About This Condo

    This property is a 452 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Pa Daet, Chiang Mai and was completed in Jan 1995. You can buy this condo for a base price of $35,500 ($79/Sqft).

    Features

    Covered ParkingCovered Parking Fully RenovatedFully Renovated (2024)

    Basic Information

    Date Listed Dec 26, 2023
    Updated 1 month ago
    Property Type Condo
    Floor 8
    Bedroom Studio
    Size 452 Sqft
    Price per Sqft $79
    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) River or Canal View, Mountain View, Park View, City View, 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.
    $0/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1707866

    Investment Opportunity: Charges & Yield

    Sale Price
    $35,500
    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.
    $0/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.
    12
    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 Galae Thong Tower, and the current sales price.
    8%

    Project Details

    Project Name: Galae Thong Tower
    Developer: N/A
    Construction: Completed (Jan 1995)
    Floors: 15
    Buildings: N/A
    Units: 250
    Project Area: N/A
    Nearest Landmark Wiang Kum Kam - 2 Km
    Location: Pa Daet, Chiang Mai
    Galae Thong Tower Project Details

    Project Features

    Hotel Managed Hotel Managed
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at Galae Thong Tower

    For Sale 10 For Rent 4
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Galae Thong Tower
    View All (10)

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    Frequently Asked Questions

    All kind of pets are allowed at Galae Thong Tower including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
    Wiang Kum Kam is the nearest Tourist Attraction from Galae Thong Tower and it is 2 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 Galae Thong Tower 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

    4.5 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Staying in this place is so perfect
    Martin Schreiber, Germany, 4 years ago
    Staying in this place is so perfect. The staff is so attentive. The room I stayed in is a one-bedroom unit. It’s spacious, and the design is not very luxurious, but fully furnished and well-allocated. My room is on the 11th floor. From the room, I can see a beautiful view of the city and mountains. The security system is quite reliable. Most of the neighbors are expats. This place is not in the city center. Therefore, it is pretty quiet, and people are not crowded. This place is close to Chang Puak Gate and the market, very convenient.
    An old-fashioned yet comfortable condominium
    Panu Raknim, Thailand, 7 years ago
    This condo was built years ago, but it has been well managed. Though the exterior looks aged, the project still has many facilities such as a swimming pool, a garden area, shops, and restaurants. My one-bedroom unit is quite spacious, and it comes fully furnished with electrical appliances. Besides, the atmosphere is comfy and relaxing. The project is surrounded by loads of amenities, and you can take a short stroll to Chiang Mai Night Bazaar and Centralplaza Chiangmai Airport.
    Chiang Mai
    Pa Daet

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