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    Studio Condo for sale at Srithana Condominium 1
    Suthep, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    $49,200
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    Studio Condo for sale at Srithana Condominium 1
     (Write Review)
    Unit ID: U1896776
    12% Rental Yield
    Suthep, Mueang Chiang Mai,Chiang Mai
    $49,200
    Studio Bedroom
    1
    Bathroom
    283 Sqft
    Size
    6
    Floor
    Dec 2002
    Completed
    21
    Sale Price
    $49,200

    About This Condo

    This property is a 283 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Dec 2002. You can buy this condo for a base price of $49,200 ($174/Sqft).

    Newly Renovated condo near the heart of Chiang Mai town

    This stunning 1-bedroom, 1-bathroom unit at a Srithana Condominium 1, offers a fully furnished with natural light and city convenience. The living area is 26.29 Sq.M. The property located only 10 – 15 minutes from Chiang Mai International Airport.

    Basic Information

    Date Listed Jul 24, 2024
    Updated 1 month ago
    Property Type Condo
    Floor 6
    Bedroom Studio
    Size 283 Sqft
    Price per Sqft $174
    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) 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.
    $18/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1896776

    Investment Opportunity: Charges & Yield

    Sale Price
    $49,200
    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.
    $18/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.
    9
    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 Srithana Condominium 1, and the current sales price.
    12%

    Project Details

    Project Name: Srithana Condominium 1
    Developer: N/A
    Construction: Completed (Dec 2002)
    Floors: 8
    Buildings: N/A
    Units: 144
    Project Area: N/A
    Nearest Landmark Maya Lifestyle Shopping Center - 0.8 Km
    Location: Suthep, Chiang Mai
    Srithana Condominium 1 Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at Srithana Condominium 1

    For Sale 5 For Rent 1
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to Srithana Condominium 1
    View All (5)

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    Frequently Asked Questions

    No pets are allowed at Srithana Condominium 1 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Maya Lifestyle Shopping Center is the nearest Shopping Mall from Srithana Condominium 1 and it is 0.8 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 Srithana Condominium 1 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
    Suthep

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