Unit ID: U74582
Suthep, Mueang Chiang Mai,Chiang Mai
฿3,600,000
1 Bedroom
1
Bathroom
35.50 SqM
Size
6
Floor
Dec 2017
Completed

About This Condo

This property is a 35.50 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 Dec 2017. You can buy this condo for a base price of ฿3,600,000 (฿101,408/SqM).

Live in Luxe: An Unbeatable Deal at Nimman Royal!

Welcome to your new home! This is your chance to live in style and luxury and be part of the glorious Nimman Royal project. This wonderful condo is just the right spot to put down your hat.At 35.50 sqm, you'll have plenty of room to stretch out and make yourself at home. The bedroom is spacious and perfect for winding down after a long day. Meanwhile, the bathroom is modern and equipped with all the necessary features.No doubt, you'll love the many features this property has to offer. The Palm Springs Nimman Royal building was built in December 2017 and boasts the highest standards of quality. Plus, you'll enjoy amazing city views from your condo.Perhaps best of all, you can own this fabulous condo for just ฿3,600,000 (฿101,408/SqM). That's an unbeatable deal for a place of this quality.Isn't this condo the one for you? Don't wait any longer! Get in touch to learn more information about this great opportunity. We'd love to answer any questions you may have and start you on your journey to homeownership!

Features

Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed May 16, 2018
Updated 2 months ago
Property Type Condo
Floor 6
Bedroom 1
Size 35.50 SqM
Price per SqM ฿101,408
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) Garden 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.
฿1,598/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U74582

Investment Opportunity: Charges & Yield

Sale Price
฿3,600,000
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.
฿1,598/mo

Project Details

Construction: Completed (Dec 2017)
Floors: 8
Buildings: N/A
Units: 68
Project Area: N/A
Nearest Landmark Nimman - 0.5 Km
Location: Suthep, Chiang Mai
Palm Springs Nimman Royal Project Details

Project Features

Hotel Managed Hotel Managed
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

Available Units at Palm Springs Nimman Royal

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Frequently Asked Questions

No pets are allowed at Palm Springs Nimman Royal 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 ฿1,598 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 Palm Springs Nimman Royal the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Nimman is the nearest Neighborhood from Palm Springs Nimman Royal and it is 0.5 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.

 

Read more here

After you have found the right property at Palm Springs Nimman Royal 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

4.4 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The location is very convenient, in the heart of Nimman.
Pakawat N., Thailand, 5 years ago
I chose to invest in a room here because of its excellent location in the heart of the trendy Nimman neighborhood, surrounded by a variety of facilities and numerous well-known restaurants. It's close to shopping malls like Kad Suan Kaew, One Nimman, and Maya Lifestyle Shopping Center. The project provides a high level of privacy, with only 68 units in the complex, and the common area includes a swimming pool, fitness center, and garden. The only thing I don't like about this place is the small parking lot. However, if you are not serious about using a private car here, public buses are also an option.
Nice Modern Building
Michael Davis, 5 years ago
I lived here for the first year it was open. Super peaceful building, clean modern environment with top notch facilities. Right in the middle of Nimman and old city - easy access to everywhere.
Chiang Mai
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Palm Springs Nimman Royal

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
45
Sales Prices
฿2.6M
Monthly Rentals
N/A
Year Built
Jan 1990
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
฿3.5M
▲ 14% overpriced
Monthly Rentals
฿12K - ฿17K
Year Built
Aug 2016
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
฿3.35M - ฿3.69M
Monthly Rentals
฿19K - ฿20K
Year Built
Dec 2017
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
฿3.25M
Monthly Rentals
฿15K
Year Built
Aug 2015
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
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
48
Sales Prices
฿3.4M - ฿4.25M
Monthly Rentals
N/A
Year Built
Jul 2017
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
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
109
Sales Prices
฿3.1M - ฿6.2M
Monthly Rentals
฿15K - ฿25K
Year Built
May 2009
Completion Status
Completed
Project Name
Boonyamas Mansion
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿2.39M
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
144
Sales Prices
฿1.2M - ฿2.89M
Monthly Rentals
฿14K
Year Built
Dec 2002
Completion Status
Completed
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