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    Studio Condo for sale at PP Condominium
    Tha Sala, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $28,700
    Request Details

    Studio Condo for sale at PP Condominium
    (1 Review)
    Unit ID: U1949769
    7% Rental Yield
    Tha Sala, Mueang Chiang Mai,Chiang Mai
    $28,700
    Studio Bedroom
    1
    Bathroom
    320 Sqft
    Size
    3
    Floor
    Dec 2005
    Completed
    10
    Sale Price
    $28,700

    About This Condo

    This property is a 320 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Tha Sala, Chiang Mai and was completed in Dec 2005. You can buy this condo for a base price of $28,700 ($90/Sqft).

    1 studio condo for sale at PP condominium

    PP CONDO [996,000 THB - Free Transfer Fees] ✅ Room size: 29.74 sqm ✅ Building D, 3rd floor with elevator 🛗 ✅ Prime location near Central Festival and the train station ✅ Multiple access routes, just 2 minutes to the Chiang Mai-Lamphun Super Highway 🔥 Includes free electrical appliances and furniture as shown  🆓 TV 🆓 Refrigerator 🆓 Microwave 🆓 Front-loading washer with dryer 🆓 Water heater 🆓 Dining table set 🆓 Bed set 🆓 Vanity table 🆓 Wardrobe 🆓 Kitchen counter

    Features

    Covered ParkingCovered Parking Fully RenovatedFully Renovated (2024)

    Basic Information

    Date Listed Oct 15, 2024
    Updated 1 month ago
    Property Type Condo
    Floor 3
    Bedroom Studio
    Size 320 Sqft
    Price per Sqft $90
    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%.

    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 U1949769

    Investment Opportunity: Charges & Yield

    Sale Price
    $28,700
    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.
    15
    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 PP Condominium, and the current sales price.
    7%

    Project Details

    Project Name: PP Condominium
    Developer: N/A
    Construction: Completed (Dec 2005)
    Floors: 6
    Buildings: N/A
    Units: 100
    Project Area: N/A
    Nearest Landmark Chiang Mai Railway Station - 0.6 Km
    Location: Tha Sala, Chiang Mai
    PP Condominium Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning

    Available Units at PP Condominium

    For Sale 4 For Rent 1
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to PP Condominium
    View All (4)

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    Frequently Asked Questions

    No pets are allowed at PP Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Chiang Mai Railway Station is the nearest Railway Station from PP 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 PP 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

    Reviews

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Most of the units here have been renovated.
    Jason S., United States, 7 years ago
    The buildings look old, but most of the units here have been renovated. The studio room I rented was quite large for me living alone. The interior is beautifully and modernly decorated. Every piece of furniture in the room does not look old and in good condition. One disadvantage that I don't really like is the wide parking space without a sunshade. It makes the car a little hot during the daytime. It's not a big problem considering its price, it is considered worthwhile. Near the Warorot market too.
    Chiang Mai
    Tha Sala

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