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    Studio Condo for sale at Night Bazaar Condotel
    Chang Khlan, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $37,500
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    Studio Condo for sale at Night Bazaar Condotel
    (1 Review)
    Unit ID: U1860296
    8% Rental Yield
    Chang Khlan, Mueang Chiang Mai,Chiang Mai
    $37,500
    Studio Bedroom
    1
    Bathroom
    301 Sqft
    Size
    2
    Floor
    Jan 1998
    Completed
    10
    Sale Price
    $37,500

    About This Condo

    This property is a 301 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Chang Khlan, Chiang Mai and was completed in Jan 1998. You can buy this condo for a base price of $37,500 ($125/Sqft).

    Studio Room For Sale Night Bazaar Condotel

    Are you looking to live in the city perhaps somewhere to rent out? This studio room for sale at Night Bazaar Condotel, situated between Loi Kroh and Tha Phae Roads, might be just what you’re looking for! It boasts a fantastic location, nestled in Soi Tha Phae behind the Dusit D2 hotel, with Chiang Mai Night Bazaar and Warorot Market nearby. Key details: - 28 Sqm of studio room living space - Comfortably furnished - Bathroom with hot-water shower - Kitchenette equipped with fridge and microwave - Air-con - Fully furnished - Balcony with bistro set.

    Features

    BalconyBalcony

    Basic Information

    Date Listed Jun 5, 2024
    Updated 3 months ago
    Property Type Condo
    Floor 2
    Bedroom Studio
    Size 301 Sqft
    Price per Sqft $125
    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
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) City 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
    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 U1860296

    Investment Opportunity: Charges & Yield

    Sale Price
    $37,500
    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.
    13
    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 Night Bazaar Condotel, and the current sales price.
    8%

    Project Details

    Project Name: Night Bazaar Condotel
    Developer: N/A
    Construction: Completed (Jan 1998)
    Floors: 12
    Buildings: N/A
    Units: 220
    Project Area: N/A
    Nearest Landmark Warorot Market - 0.5 Km
    Location: Chang Khlan, Chiang Mai
    Night Bazaar Condotel Project Details

    Project Features

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

    Available Units at Night Bazaar Condotel

    For Sale 1 For Rent 1
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    • Studio
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    Frequently Asked Questions

    No pets are allowed at Night Bazaar Condotel unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Warorot Market is the nearest Market from Night Bazaar Condotel and it is 0.5 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 Night Bazaar Condotel 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
    Nice and convenient condo
    Khai R., Canada, 6 years ago
    The condo is very convenient for travel because they can access many places in Chiang Mai, and it takes only a few minutes. The project is well-managed, and it's great they have a 24-hour security system. My friend and I have rented this condo for several weeks. It's a studio which is the fitted size for two people to live in. The room is well-organized and equipped with a kitchen, a bathroom, a living room, and a relaxing area. One more thing to mention is that neighbors are lovely and friendly. I haven't had any problems so far.
    Chiang Mai
    Chang Khlan

    Neighborhood Overview

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