Unit ID: U1866006
6% Rental Yield
Suthep, Mueang Chiang Mai,Chiang Mai
฿2,500,000
1 Bedroom
1
Bathroom
38.32 SqM
Size
4
Floor
Jan 2015
Completed

About This Condo

This property is a 38.32 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Jan 2015. You can buy this condo for a base price of ฿2,500,000 (฿65,240/SqM).

Serene Lake North5 Condo

Corner room 1 Bed 1living room and 1 BathThe hightlight is corner room with mountain view.Bigger balcony!

Features

BalconyBalcony

Basic Information

Date Listed Jun 10, 2024
Updated 5 months ago
Property Type Condo
Floor 4
Bedroom 1
Size 38.32 SqM
Price per SqM ฿65,240
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
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
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.
฿1,700/mo
Listed By
Each listing provided by partnered agents is individually verified by BPP. Partner Agents work for different brokerages or property management companies but have teamed up with BPP so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1866006

Investment Opportunity: Charges & Yield

Sale Price
฿2,500,000
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.
฿1,700/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.
17
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 North 5 Condo Chiangmai, and the current sales price.
6%

Project Details

Project Name: North 5 Condo Chiangmai
Construction: Completed (Jan 2015)
Floors: N/A
Buildings: N/A
Units: 69
Project Area: N/A
Nearest Landmark Nimman - 1.3 Km
Location: Suthep, Chiang Mai
North 5 Condo Chiangmai Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at North 5 Condo Chiangmai

For Sale 3 For Rent 2
Get notified when new homes are being added to North 5 Condo Chiangmai
View All (3)

Loan Calculator

Frequently Asked Questions

No pets are allowed at North 5 Condo Chiangmai unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Nimman is the nearest Neighborhood from North 5 Condo Chiangmai and it is 1.3 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 North 5 Condo Chiangmai 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

Know this project? Be the first to review
+ Write a review
Chiang Mai
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby North 5 Condo Chiangmai

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
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
63
Sales Prices
฿2.63M
Monthly Rentals
N/A
Year Built
Jan 2023
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
45
Sales Prices
฿1.79M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
136
Sales Prices
฿2.19M
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
120
Sales Prices
฿2.09M
Monthly Rentals
฿5K
Year Built
Jun 2012
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿1.25M
Monthly Rentals
฿10K
Year Built
N/A
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
336
Sales Prices
฿1.49M - ฿2.5M
Monthly Rentals
N/A
Year Built
Dec 1996
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
67
Sales Prices
฿1.19M - ฿1.25M
Monthly Rentals
N/A
Year Built
Feb 2000
Completion Status
Completed
Project Name
Huen Por Liang
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
90
Sales Prices
฿10.2M
Monthly Rentals
N/A
Year Built
Jun 2014
Completion Status
Completed
Project Name
Sky Breeze Condo
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
130
Sales Prices
฿4.99M - ฿17.8M
▼ -50% underpriced
Monthly Rentals
฿14K - ฿75K
Year Built
Dec 1994
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
44
Sales Prices
฿3.59M
Monthly Rentals
฿25K
Year Built
May 2014
Completion Status
Completed
Back to top
  • Fazwaz Group Sites www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es