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    Studio Condo for sale at Punna Residence Oasis 2
    Nong Pa Khrang, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $43,900
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    Studio Condo for sale at Punna Residence Oasis 2
    (1 Review)
    Unit ID: U1981569
    7% Rental Yield
    Tenant-Occupied until Nov 30, 2025
    Nong Pa Khrang, Mueang Chiang Mai,Chiang Mai
    $43,900
    Studio Bedroom
    1
    Bathroom
    344 Sqft
    Size
    4
    Floor
    Dec 2017
    Completed
    6
    Sale Price
    $43,900

    About This Condo

    This property is a 344 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Nong Pa Khrang, Chiang Mai and was completed in Dec 2017. You can buy this condo for a base price of $43,900 ($128/Sqft).

    Studio room condo - Punna Oasis 2, nearby Central festival

    Sell with tenants untill November 2025. (Monthly rent 7,500 Baht/ Month)

    Basic Information

    Date Listed Dec 7, 2024
    Updated 1 week ago
    Property Type Condo
    Floor 4
    Bedroom Studio
    Size 344 Sqft
    Price per Sqft $128
    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%.

    N/A
    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) 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.
    $28/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1981569

    Investment Opportunity: Charges & Yield

    Sale Price
    $43,900
    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.
    $28/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.
    14
    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 Punna Residence Oasis 2, and the current sales price.
    7%

    Project Details

    Project Name: Punna Residence Oasis 2
    Developer: Punna Development
    Construction: Completed (Dec 2017)
    Floors: 8
    Buildings: N/A
    Units: 152
    Project Area: N/A
    Nearest Landmark Central Chiangmai - 1.2 Km
    Location: Nong Pa Khrang, Chiang Mai
    Punna Residence Oasis 2 Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area

    Available Units at Punna Residence Oasis 2

    For Sale 5 For Rent 1
    • All
    • Studio
    • 1 Bed
    • 3 Beds
    Get notified when new homes are being added to Punna Residence Oasis 2
    View All (5)

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    Frequently Asked Questions

    No pets are allowed at Punna Residence Oasis 2 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    The common area maintenance fee is $1 per square meter based on the size of indoor area of the property and is $28 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Punna Residence Oasis 2 the required payment for the sinking fund is $12 per square meter based on the size of the indoor area of the property.
    Central Chiangmai is the nearest Shopping Mall from Punna Residence Oasis 2 and it is 1.2 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 Punna Residence Oasis 2 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

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The condo perfectly meets an urban lifestyle.
    Jason Scott, United States, 7 years ago
    Finally, the 1-bedroom room that I reserved is completed. I have moved in for a while and am impressed with the design and interior decoration because it provides strong and durable furniture sets. The facilities in the common area are also available, such as the swimming pool, fitness center, and sauna. The condo's location is considered situated in the city center near the Central Department Store, many shops, and restaurants. Therefore, it is regarded as a condo that meets my urban lifestyle needs.
    Chiang Mai
    Nong Pa Khrang

    Neighborhood Overview

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