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    Studio Condo for sale at Siritara Condominium
    Mae Hia, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $38,800 $40,300
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    Studio Condo for sale at Siritara Condominium
    (1 Review)
    Unit ID: U1376462
    6% Rental Yield
    Mae Hia, Mueang Chiang Mai,Chiang Mai
    $38,800 $40,300
    Studio Bedroom
    1
    Bathroom
    377 Sqft
    Size
    5
    Floor
    Jan 2015
    Completed
    12
    Sale Price
    $38,800
    $40,300

    About This Condo

    This property is a 377 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 2015. You can buy this condo for a base price of $38,800 ($103/Sqft) and it is also available for long term rentals starting from $201 per month.

    Features

    TVTV

    Basic Information

    Date Listed Feb 13, 2023
    Updated 1 month ago
    Property Type Condo
    Floor 5
    Bedroom Studio
    Size 377 Sqft
    Price per Sqft $103
    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) Mountain View, Garden View, Unblocked Open 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.
    $40/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1376462

    Investment Opportunity: Charges & Yield

    Sale Price
    $38,800
    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.
    $40/mo
    Rent
    $201/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.
    16
    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.
    6%

    Project Details

    Project Name: Siritara Condominium
    Developer: N/A
    Construction: Completed (Jan 2015)
    Floors: 7
    Buildings: N/A
    Units: 60
    Project Area: N/A
    Nearest Landmark Chiang Mai International Airport - 2.7 Km
    Location: Mae Hia, Chiang Mai
    Siritara Condominium Project Details

    Available Units at Siritara Condominium

    For Sale 3 For Rent 1
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Siritara Condominium
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at Siritara Condominium 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 Siritara Condominium and it is 2.7 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 Siritara 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

    4.8 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Condo in the middle of beautiful nature
    Amie B., Australia, 7 years ago
    This condo is beautiful, has a private atmosphere, and has a unique lovely design. The room is very spacious. The size of a 1-bedroom unit here equals 2 bedrooms in other condos. I also like the swimming pool because it has a beautiful view of the green area. It makes me feel really relaxed. The location is excellent, close to the main road and not far from Big C, Makro, schools, and Mae Hia Market.
    Chiang Mai
    Mae Hia

    Neighborhood Overview

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