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    Studio Condo for sale at Pool Suite
    Mae Hia, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $69,300
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    Studio Condo for sale at Pool Suite

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    Unit ID: U1877180
    10% Rental Yield
    Tenant-Occupied until Jul 1, 2025
    Mae Hia, Mueang Chiang Mai,Chiang Mai
    $69,300
    Studio Bedroom
    1
    Bathroom
    651 Sqft
    Size
    2
    Floor
    Jan 2018
    Completed
    15
    Sale Price
    $69,300

    About This Condo

    This property is a 651 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Mae Hia, Chiang Mai and was completed in Jan 2018. You can buy this condo for a base price of $69,300 ($107/Sqft) and it is also available for long term rentals starting from $580 per month.

    Features

    Covered ParkingCovered Parking BalconyBalcony BathtubBathtub MicrowaveMicrowave TVTV

    Basic Information

    Date Listed Jun 18, 2024
    Updated 5 months ago
    Property Type Condo
    Floor 2
    Bedroom Studio
    Size 651 Sqft
    Price per Sqft $107
    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, 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) N/A
    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 U1877180

    Investment Opportunity: Charges & Yield

    Sale Price
    $69,300
    Rent
    $580/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    10%

    Project Details

    Project Name: Pool Suite
    Developer: N/A
    Construction: Completed (Jan 2018)
    Floors: 3
    Buildings: N/A
    Units: 195
    Project Area: N/A
    Nearest Landmark Chiang Mai International Airport - 3.9 Km
    Location: Mae Hia, Chiang Mai
    Pool Suite Project Details

    Project Features

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

    Available Units at Pool Suite

    For Sale 3 For Rent 8
    • All
    • Studio
    • 2 Beds
    Get notified when new homes are being added to Pool Suite
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at Pool Suite unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Chiang Mai International Airport is the nearest Airport from Pool Suite and it is 3.9 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 Pool Suite 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
    Mae Hia

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