Unit ID: U1931931
5% Rental Yield
Tenant-Occupied until Oct 10, 2025
Chang Phueak, Mueang Chiang Mai,Chiang Mai
$63,300
Studio Bedroom
1
Bathroom
484 Sqft
Size
6
Floor
Dec 2013
Completed

About This Condo

This property is a 484 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 Dec 2013. You can buy this condo for a base price of $63,300 ($131/Sqft) and it is also available for long term rentals starting from $260 per month.

Features

MicrowaveMicrowave TVTV

Basic Information

Date Listed Sep 11, 2024
Updated 2 months ago
Property Type Condo
Floor 6
Bedroom Studio
Size 484 Sqft
Price per Sqft $131
Pets N/A
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%.

N/A
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 U1931931

Investment Opportunity: Charges & Yield

Sale Price
$63,300
Rent
$260/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.
20
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Project Name: Pansook Quality Condo
Construction: Completed (Dec 2013)
Floors: 7
Buildings: N/A
Units: 60
Project Area: N/A
Nearest Landmark Chiangmai Ram Hospital - 1.9 Km
Location: Chang Phueak, Chiang Mai
Pansook Quality Condo 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 Pansook Quality Condo

For Sale 1 For Rent 1
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Frequently Asked Questions

Chiangmai Ram Hospital is the nearest Hospital from Pansook Quality Condo and it is 1.9 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 Pansook Quality Condo 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 Pansook Quality Condo

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
300
Sales Prices
$44.23K - $173.44K
▼ -47% underpriced
Monthly Rentals
$376 - $694
Year Built
May 2012
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
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
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
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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