Palm Springs Nimman Areca

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Suthep, Mueang Chiang Mai, Chiang Mai

Dec 2017 Completed

8 Floors

62 Units

1 Unit For Sale

฿3,690,000

2 Units For Rent

฿19,000

Overview of Palm Springs Nimman Areca in Suthep, Chiang Mai

Palm Springs Nimman Areca is a condo and apartment project located in Suthep, Chiang Mai and was completed in Dec 2017. It has 62 units across 8 floors and was developed by Palm Springs Place Co., Ltd., who is also behind The Urbana+6, Palm Ville Khuang Sing Intersection-Chotana Rd. and Palm Springs Privato.

About Palm Springs Nimman Areca

The Nimman by Palm Springs is a condo development located in Su Thep, Chiang Mai, Thailand. It is 3.2km from the city center with 62 condo units across 7 floors completed in September of 2015. It is hotel-managed and features a swimming pool, a fitness center, 24-hour security, CCTV, car parking.

Available Units at Palm Springs Nimman Areca

For Sale 1 For Rent 2

All
1 Bed

Foreign Quota Fully Furnished Mountain View

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Previous Sales (Secondary Market) at Palm Springs Nimman Areca

Sale Price : ฿5,759,000

FazWaz Estimate : ฿5,550,000

Price Rating : Great Price

Sale Price : ฿12,140,999

FazWaz Estimate : ฿11,990,999

Price Rating : Great Price

Sale Price : ฿1299,999

FazWaz Estimate : ฿179,999

Price Rating : Overpriced

Sale Price : ฿159,999

FazWaz Estimate : ฿149,999

Price Rating : Fair Price

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Facilities and Floor Plans

Facilities

Leisure

Communal Pool

Fitness

Communal Gym

Convenience

Hotel Managed

Car Parking

Safety

24H Security

CCTV (Video Surveillance)

Management

About the Developer - Palm Springs Place Co., Ltd.

All Palm Springs Place Co., Ltd. Projects

14 Projects 2,001 Units

Frequently Asked Questions

No pets are allowed at Palm Springs Nimman Areca 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 at Palm Springs Nimman Areca is ฿45 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 Palm Springs Nimman Areca the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.

Chiang Mai Bus Terminal 1 is the nearest Bus Terminal from Palm Springs Nimman Areca and it is 1.5 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.

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Chiang Mai

Suthep

Neighborhood Overview

Buy
฿1.19M - ฿138M
For Sale on BPP
326 properties
Rent
฿4.48K - ฿179K
For Rent on BPP
161 properties
To Maya Lifestyle Shopping Center
0.9 km / 4 minutes by driving
To Chiang Mai International Airport
4.4 km / 11 minutes by driving

Location and Neighborhood

Surrounding area

Palm Springs Nimman Areca is conveniently located just 170 m from 7-Eleven, which can be reached within 2 mins. by foot.

There are many other shops situated in the area of Palm Springs Nimman Areca, the 3 closest being:
- 7-eleven is 280 m away (about 4 mins. by foot)
- 7-Eleven is 430 m away (about 5 mins. by foot)
- Taokaenoi Country is 550 m away (about 7 mins. by foot)

The surrounding area, where Palm Springs Nimman Areca is situated, offers a wide variety of restaurants. See the closest of them below:
- Overstand Coffee Shop NIMMAN is 0 m away (a walk of about 1 min.)
- Midwife Restaurant is 60 m away (a walk of about 1 min.)
- Cainito Homemade Restaurant is 60 m away (a walk of about 1 min.)

THTC Hair Transplant Clinic is the nearest health facility, which is 640 m away (you can walk there in 8 mins.) from the project, while the closest schools in the proximity of Palm Springs Nimman Areca are:
- Kan Krai Thong School Teaches Tailoring is 340 m away (about 4 mins. by foot)
- Ace CBO (Team Ace!) is 350 m away (about 4 mins. by foot)
- Kosan Korean Language School, Chiang Mai is 170 m away (about 2 mins. by foot)

Chiang Mai International Airport is located 3.9 km from Palm Springs Nimman Areca and it takes about 10 mins. by car or taxi (depending on the traffic) to get there.

Projects Nearby Palm Springs Nimman Areca

Location

Number of units

Sales Prices

Monthly Rentals

Year Built

Completion Status

Project Name

Location

Number of units

Sales Prices

Monthly Rentals

Year Built

Completion Status

Project Name

Palm Springs Nimman (Parlor)

Location

Suthep, Mueang Chiang Mai, Chiang Mai

Number of units

Sales Prices

฿3.5M

▲ 14% overpriced

Monthly Rentals

฿12K - ฿17K

Year Built

Aug 2016

Completion Status

Completed

Project Name

Palm Springs Nimman Fountain

Location

Suthep, Mueang Chiang Mai, Chiang Mai

Number of units

Sales Prices

฿3.4M - ฿4.2M

▲ 0.7% overpriced

Monthly Rentals

฿14K

Year Built

Feb 2018

Completion Status

Completed

Project Name

Palm Springs Nimman Phoenix

Location

Suthep, Mueang Chiang Mai, Chiang Mai

Number of units

Sales Prices

฿3.5M

▲ 28% overpriced

Monthly Rentals

฿13K - ฿18K

Year Built

Aug 2018

Completion Status

Completed

Project Name

Palm Springs Nimman Royal

Location

Suthep, Mueang Chiang Mai, Chiang Mai

Number of units

Sales Prices

฿3.35M - ฿3.8M

▼ -0.5% underpriced

Monthly Rentals

N/A

Year Built

Dec 2017

Completion Status

Completed

Project Name

The Nimman by Palm Spring

Location

Suthep, Mueang Chiang Mai, Chiang Mai

Number of units

Sales Prices

N/A

Monthly Rentals

฿14K

Year Built

Jan 2014

Completion Status

Completed

Project Name

Palm Springs Nimman

Location

Suthep, Mueang Chiang Mai, Chiang Mai

Number of units

Sales Prices

฿3.25M

Monthly Rentals

฿15K

Year Built

Aug 2015

Completion Status

Completed

Project Name

Chiang Mai Condominium

Location

Suthep, Mueang Chiang Mai, Chiang Mai

Number of units

Sales Prices

฿2.6M

Monthly Rentals

N/A

Year Built

Jan 1990

Completion Status

Completed

Project Name

Hillside Plaza & Condotel 4

Location

Chang Phueak, Mueang Chiang Mai, Chiang Mai

Number of units

587

Sales Prices

฿2.15M - ฿17.2M

▼ -14.6% underpriced

Monthly Rentals

฿13K - ฿30K

Year Built

May 2005

Completion Status

Completed

Project Name

The Siri Condominium

Location

Suthep, Mueang Chiang Mai, Chiang Mai

Number of units

N/A

Sales Prices

฿1.59M

Monthly Rentals

฿18K

Year Built

Jan 2010

Completion Status

Completed

Project Name

S Condo Chiang Mai

Location

Suthep, Mueang Chiang Mai, Chiang Mai

Number of units

Sales Prices

฿3.4M - ฿4.25M

Monthly Rentals

฿23K

Year Built

Jul 2017

Completion Status

Completed