Unit ID: U1387780
4% Rental Yield
Chang Phueak, Mueang Chiang Mai,Chiang Mai
฿5,590,000
1 Bedroom
1
Bathroom
43 SqM
Size
7
Floor
Nov 2015
Completed

About This Condo

This property is a 43 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 Nov 2015. You can buy this condo for a base price of ฿5,590,000 (฿130,000/SqM).

Features

BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Apr 3, 2023
Updated 1 year ago
Property Type Condo
Floor 7
Bedroom 1
Size 43 SqM
Price per SqM ฿130,000
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) City View
Unit Type N/A
Building Moda Condo
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.
฿1,935/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1387780

Investment Opportunity: Charges & Yield

Sale Price
฿5,590,000
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.
฿1,935/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.
26
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 1 bedroom condos at Moda Condo, and the current sales price.
4%

Project Details

Project Name: Moda Condo
Developer: The Crown Co.,Ltd
Construction: Completed (Nov 2015)
Floors: 7
Buildings: 1
Units: 59
Project Area: 1,300 SqM
Nearest Landmark Maya Lifestyle Shopping Center - 0.2 Km
Location: Chang Phueak, Chiang Mai
Moda Condo Project Details

Project Features

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

Popular Facilities at Moda Condo

  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Moda Condo

For Sale 2 For Rent 4
Get notified when new homes are being added to Moda Condo
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Frequently Asked Questions

No pets are allowed at Moda Condo 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 ฿45 per square meter based on the size of indoor area of the property and is ฿1,935 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 Moda Condo the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Moda Condo and it is 0.2 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 Moda Condo 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
Excellent place to stay
Ritthirong Rama, Thailand, 8 years ago
I moved here since the condo was newly built. Now I've been here for 2 years. I like the quiet atmosphere of the condo and the charming Nimman lifestyle. The condo location is perfect as it's in the center of prosperity, near Maya mall, within only a few minutes walk. It makes my life here very comfortable. There are also complete facilities such as the swimming pool, fitness center, and gardens. The only issue here is the parking space that's not enough for the residents, so I often have to double park it. Anyway, there are no other problems, and it's an excellent place to stay.
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Moda Condo

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
Viengping Mansion
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
98
Sales Prices
฿1.3M - ฿25M
▼ -45.5% underpriced
Monthly Rentals
N/A
Year Built
Jan 1991
Completion Status
Completed
Project Name
Promt Condo
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
70
Sales Prices
฿2.45M - ฿2.75M
Monthly Rentals
N/A
Year Built
Dec 2014
Completion Status
Completed
Project Name
Prime Square
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
76
Sales Prices
฿1.8M - ฿2.39M
▼ -14% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
98
Sales Prices
฿3.2M - ฿3.99M
Monthly Rentals
N/A
Year Built
Oct 2017
Completion Status
Completed
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
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
70
Sales Prices
฿3.5M
▲ 28% overpriced
Monthly Rentals
฿13K - ฿18K
Year Built
Aug 2018
Completion Status
Completed
Project Name
Liv@Nimman
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
68
Sales Prices
฿4.69M - ฿5M
Monthly Rentals
N/A
Year Built
Sep 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
72
Sales Prices
฿3.5M - ฿14.5M
▼ -31.5% underpriced
Monthly Rentals
฿28K - ฿30K
Year Built
Jan 2014
Completion Status
Completed
Project Name
Play Condominium
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
65
Sales Prices
฿2.99M - ฿12.2M
▲ 20% overpriced
Monthly Rentals
฿18K - ฿23.5K
Year Built
Apr 2016
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
฿3.4M - ฿4.2M
▲ 0.7% overpriced
Monthly Rentals
฿14K
Year Built
Feb 2018
Completion Status
Completed
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