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    1 Bedroom Condo for sale at D Vieng Santitham
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    ฿2,400,000
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    1 Bedroom Condo for sale at D Vieng Santitham
    (2 Reviews)
    Unit ID: U1830908
    8% Rental Yield
    Tenant-Occupied until Mar 1, 2025
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
    ฿2,400,000
    1 Bedroom
    1
    Bathroom
    37 SqM
    Size
    1
    Floor
    Aug 2015
    Completed
    18
    Sale Price
    ฿2,400,000

    About This Condo

    This property is a 37 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in Aug 2015. You can buy this condo for a base price of ฿2,400,000 (฿64,865/SqM) and it is also available for long term rentals starting from ฿15,500 per month.

    Condo for sale

    Room size 37 sq.m.Fully furnished

    Features

    Private GymPrivate Gym Private SaunaPrivate Sauna Pool AccessPool Access Garden AccessGarden Access TerraceTerrace Covered ParkingCovered Parking BalconyBalcony Full Western KitchenFull Western Kitchen

    Basic Information

    Date Listed May 9, 2024
    Updated 6 months ago
    Property Type Condo
    Floor 1
    Bedroom 1
    Size 37 SqM
    Price per SqM ฿64,865
    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%.

    Foreign Quota, Thai Quota, Company
    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 Building B
    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.
    ฿2,035/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1830908

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿2,400,000
    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.
    ฿2,035/mo
    Rent
    ฿15,500/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.
    13
    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.
    8%

    Project Details

    Project Name: D Vieng Santitham
    Developer: Sansiri
    Construction: Completed (Aug 2015)
    Floors: 5
    Buildings: 2
    Units: 264
    Project Area: 5,832 SqM
    Nearest Landmark Chiang Mai Bus Terminal 1 - 0.4 Km
    Location: Chang Phueak, Chiang Mai
    D Vieng Santitham Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at D Vieng Santitham

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at D Vieng Santitham

    For Sale 12 For Rent 15
    • All
    • Studio
    • 1 Bed
    Get notified when new homes are being added to D Vieng Santitham
    View All (12)

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    Frequently Asked Questions

    No pets are allowed at D Vieng Santitham 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 ฿55 per square meter based on the size of indoor area of the property and is ฿2,035 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 D Vieng Santitham 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 D Vieng Santitham and it is 0.4 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 D Vieng Santitham 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 out of 5
    Based on
    2 Reviews
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The best cleanliness standard
    Jane R., Thailand, 3 years ago
    The top priority here is excellent cleanliness. Every day, the common areas around the swimming pool, fitness center, and clubhouse are cleaned, and the overall condition here is still perfect for those who seek peace and solitude because there aren't many units. The room is quite large, and all the furniture is decorated. However, due to the thinness of the walls in this material, sometimes I can hear the sound of the next room. The staff here are also friendly and helpful. Besides, I like the project's location as it is surrounded by well-known tourist attractions. You can also easily travel to other areas in Chiang Mai.
    Great place to stay !
    Jimin Park, South Korea, 5 years ago
    I love this condo as it's clean and secured by guards for 24 hours. It also includes indoor parking and a swimming pool. A studio room is quite large and fully furnished. Great location as the neighborhood is surrounded by restaurants and famous cafes. Close to Kad Thanin Market selling fresh produces. The staff here are very nice too. Unfortunately, the soundproofing wall here is a bit thin. You can even hear the neighbor's voice talking on the phone.
    Chiang Mai
    Chang Phueak

    Neighborhood Overview

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