Unit ID: U1056446
8% Rental Yield
Chang Phueak, Mueang Chiang Mai,Chiang Mai
$57,200
Studio Bedroom
1
Bathroom
409 Sqft
Size
8
Floor
May 2012
Completed

About This Condo

This property is a 409 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in May 2012. You can buy this condo for a base price of $57,200 ($140/Sqft).

Features

Pool AccessPool Access Covered ParkingCovered Parking

Basic Information

Date Listed Feb 4, 2022
Updated 2 years ago
Property Type Condo
Floor 8
Bedroom Studio
Size 409 Sqft
Price per Sqft $140
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%.

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) 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1056446

Investment Opportunity: Charges & Yield

Sale Price
$57,200
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 Nakornping Condominium, and the current sales price.
8%

Project Details

Project Name: Nakornping Condominium
Developer: N/A
Construction: Completed (May 2012)
Floors: 16
Buildings: N/A
Units: 300
Project Area: N/A
Nearest Landmark Chiangmai Ram Hospital - 0.6 Km
Location: Chang Phueak, Chiang Mai
Nakornping Condominium Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Nakornping Condominium

For Sale 14 For Rent 2
Updated 1 month ago
Available Units at Nakornping Condominium
$44,200
$108/Sqft
Beds Studio Beds
Baths 1 Baths
Size 409 Sqft Size
Floor 9 Floor
Foreign Quota Fully Furnished
Updated 2 months ago
Available Units at Nakornping Condominium
$46,000
$104/Sqft
Beds Studio Beds
Baths 1 Baths
Size 443 Sqft Size
Floor 14 Floor
Foreign Quota Fully Furnished City View
Updated 2 months ago
Available Units at Nakornping Condominium
$142,000
$155/Sqft
Beds 1 Beds
Baths 1 Baths
Size 915 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished Mountain View
Updated 3 weeks ago
Available Units at Nakornping Condominium
$66,200
$154/Sqft
Beds Studio Beds
Baths 1 Baths
Size 431 Sqft Size
Floor 15 Floor
Foreign Quota Partly Furnished
Available Units at Nakornping Condominium
$173,000
$149/Sqft
Beds 2 Beds
Baths 1 Baths
Size 1,163 Sqft Size
Floor 10 Floor
Foreign Quota Fully Furnished City View
Available Units at Nakornping Condominium
$44,800
$110/Sqft
Beds Studio Beds
Baths 1 Baths
Size 409 Sqft Size
Floor 1 Floor
Thai Quota Fully Furnished City View
Available Units at Nakornping Condominium
$66,200
$150/Sqft
Beds 1 Beds
Baths 1 Baths
Size 441 Sqft Size
Floor 16 Floor
Foreign Quota Fully Furnished City View
Available Units at Nakornping Condominium
$54,900
$133/Sqft
Beds Studio Beds
Baths 1 Baths
Size 414 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished Mountain View
Available Units at Nakornping Condominium
$63,600$71,700
$148/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 431 Sqft Size
Floor 17 Floor
Thai Quota Fully Furnished Mountain View
Available Units at Nakornping Condominium
$121,000
$127/Sqft
Beds 2 Beds
Baths 1 Baths
Size 955 Sqft Size
Thai Quota Mountain View
Available Units at Nakornping Condominium
$136,000
$150/Sqft
Beds 2 Beds
Baths 1 Baths
Size 904 Sqft Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at Nakornping Condominium
$57,200
$140/Sqft
Beds Studio Beds
Baths 1 Baths
Size 409 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished Mountain View
Available Units at Nakornping Condominium
$57,200
$121/Sqft
Beds Studio Beds
Baths 1 Baths
Size 474 Sqft Size
Floor 9 Floor
Thai Quota City View
Available Units at Nakornping Condominium
$159,000
$146/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,087 Sqft Size
Floor 16 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to Nakornping Condominium
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Frequently Asked Questions

All kind of pets are allowed at Nakornping Condominium including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Chiangmai Ram Hospital is the nearest Hospital from Nakornping Condominium and it is 0.6 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 Nakornping 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

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Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Nakornping Condominium

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
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
$63.31K
Monthly Rentals
$260
Year Built
Dec 2013
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
$83.54K
Monthly Rentals
N/A
Year Built
Jun 2015
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
144
Sales Prices
$34.69K - $48.85K
Monthly Rentals
$405
Year Built
Dec 2002
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
235
Sales Prices
$56.37K - $112.74K
Monthly Rentals
$275 - $434
Year Built
May 2000
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
$45.96K
Monthly Rentals
$520
Year Built
Jan 2010
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
48
Sales Prices
$98.28K - $122.85K
Monthly Rentals
N/A
Year Built
Jul 2017
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
$98.28K - $121.41K
▲ 0.7% overpriced
Monthly Rentals
$405
Year Built
Feb 2018
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
70
Sales Prices
$101.17K
▲ 28% overpriced
Monthly Rentals
$376 - $520
Year Built
Aug 2018
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
$101.17K
▲ 14% overpriced
Monthly Rentals
$347 - $491
Year Built
Aug 2016
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
587
Sales Prices
$62.12K - $498.44K
▼ -14.6% underpriced
Monthly Rentals
$376 - $867
Year Built
May 2005
Completion Status
Completed
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