Unit ID: U1912825
5% Rental Yield
Chang Phueak, Mueang Chiang Mai,Chiang Mai
฿6,700,000
1 Bedroom
1
Bathroom
84.95 SqM
Size
6
Floor
Aug 2013
Completed

About This Condo

This property is a 84.95 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Resort Condominium project in Chang Phueak, Chiang Mai and was completed in Aug 2013. You can buy this condo for a base price of ฿6,700,000 (฿78,870/SqM) and it is also available for long term rentals starting from ฿28,000 per month.

The Resort Condo with Mountain view.

Discover your mountainside oasis at The Resort Condo. This stunning one-bedroom unit offers breathtaking mountain views, a modern kitchen, a cozy living room, and a relaxing bathtub. With a generous floor area of 83.74 square meters, this spacious condo provides ample room for comfortable living. Enjoy the luxury of resort-style amenities while soaking up the serenity of your private balcony. This is an incredible opportunity to own a piece of paradise. Schedule a viewing today to experience it for yourself.

Features

BalconyBalcony BathtubBathtub Washing MachineWashing Machine TVTV

Basic Information

Date Listed Aug 20, 2024
Updated 3 weeks ago
Property Type Condo
Floor 6
Bedroom 1
Size 84.95 SqM
Price per SqM ฿78,870
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, Leasehold, 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) Mountain View, Pool View, Garden View
Unit Type N/A
Building The Resort Condominium
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.
฿2,549/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1912825

Investment Opportunity: Charges & Yield

Sale Price
฿6,700,000
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.
฿2,549/mo
Rent
฿28,000/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.
20
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.
5%

Project Details

Developer: Quality Condominium
Construction: Completed (Aug 2013)
Floors: 7
Buildings: 1
Units: 74
Project Area: 8,000 SqM
Nearest Landmark Chiang Mai Bus Terminal 1 - 3.4 Km
Location: Chang Phueak, Chiang Mai
The Resort Condominium 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
Key card access Key card access

Popular Facilities at The Resort Condominium

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor

Available Units at The Resort Condominium

For Sale 3 For Rent 2
Get notified when new homes are being added to The Resort Condominium
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Loan Calculator

Frequently Asked Questions

No pets are allowed at The Resort Condominium 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 ฿30 per square meter based on the size of indoor area of the property and is ฿2,549 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.
Chiang Mai Bus Terminal 1 is the nearest Bus Terminal from The Resort Condominium and it is 3.4 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 The Resort Condominium 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
Very quiet and cozy
Benjamin 11, United States, 3 years ago
It is a cozy condo with a quiet atmosphere and is suitable for relaxation. From the room, it overlooks the beautiful Doi Suthep view. Just open the balcony to let in the morning breeze and the fresh air. There is a common area for the residents to use, such as a swimming pool, gym, garden, sauna, and ample parking. The building design is also unique, designed every room is not facing each other, which I think is very good for people who love privacy. Besides, there are not many people living here, and most of the residents are foreigners. In addition, the location is the best, not as bustling as Chiang Mai City, which takes only 5 minutes there if the traffic is not jammed. Excellent!
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Resort Condominium

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
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
45
Sales Prices
฿2.46M - ฿9.46M
▼ -11.1% underpriced
Monthly Rentals
฿14K - ฿35.1K
Year Built
Dec 2017
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
76
Sales Prices
฿2.1M - ฿6.21M
▼ -24% underpriced
Monthly Rentals
฿22K
Year Built
Jun 2009
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
59
Sales Prices
฿2.89M - ฿26.9M
▼ -14% underpriced
Monthly Rentals
฿22K - ฿38.1K
Year Built
Jan 2010
Completion Status
Completed
Project Name
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Location
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Number of units
99
Sales Prices
฿5.01M
Monthly Rentals
฿13K - ฿24K
Year Built
Jan 2010
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
54
Sales Prices
฿2.41M - ฿2.85M
▼ -39% underpriced
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
฿3.21M
▼ -9% underpriced
Monthly Rentals
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Year Built
Oct 2010
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
110
Sales Prices
฿3.21M - ฿7.51M
▼ -24% underpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿1.35M - ฿1.89M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
฿89M
Monthly Rentals
N/A
Year Built
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Completion Status
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Project Name
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Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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