Unit ID: U1160934
8% Rental Yield
Chai Sathan, Saraphi,Chiang Mai
฿2,500,000
2 Bedrooms
1
Bathroom
72 SqM
Size
15
Floor
Jun 1994
Completed

About This Condo

This property is a 72 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Chai Sathan, Chiang Mai and was completed in Jun 1994. You can buy this condo for a base price of ฿2,500,000 (฿34,722/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Oct 4, 2022
Updated 2 years ago
Property Type Condo
Floor 15
Bedrooms 2
Size 72 SqM
Price per SqM ฿34,722
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
Unfurnished
View(s) City 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1160934

Investment Opportunity: Charges & Yield

Sale Price
฿2,500,000
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 based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom condos at 103 Central Condominium, and the current sales price.
8%

Project Details

Project Name: 103 Central Condominium
Developer: N/A
Construction: Completed (Jun 1994)
Floors: 15
Buildings: N/A
Units: 146
Project Area: N/A
Nearest Landmark Chiang Mai 700 Years Park - 0.5 Km
Location: Chai Sathan, Chiang Mai
103 Central Condominium Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at 103 Central Condominium

For Sale 8 For Rent 2
Get notified when new homes are being added to 103 Central Condominium
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Frequently Asked Questions

No pets are allowed at 103 Central Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chiang Mai 700 Years Park is the nearest Park from 103 Central Condominium 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 103 Central 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

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Chiang Mai
Chai Sathan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby 103 Central Condominium

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Location
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Number of units
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Number of units
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Project Name
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Number of units
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฿2.82M - ฿4.22M
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฿13.1K - ฿32.2K
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Completion Status
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Number of units
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Monthly Rentals
฿25.1K - ฿35.2K
Year Built
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Completion Status
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Project Name
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Location
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Number of units
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฿3.51M
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Chai Sathan, Saraphi, Chiang Mai
Number of units
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Sales Prices
฿4.22M - ฿6.03M
▲ 10.3% overpriced
Monthly Rentals
฿30.2K - ฿35.2K
Year Built
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Completion Status
Completed
Location
Chai Sathan, Saraphi, Chiang Mai
Number of units
323
Sales Prices
฿5.53M - ฿9.05M
Monthly Rentals
฿20.1K - ฿26.1K
Year Built
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Completion Status
Completed
Location
Tha Sala, Saraphi, Chiang Mai
Number of units
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Sales Prices
฿1.97M - ฿5.93M
▼ -49% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
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Location
Chai Sathan, Saraphi, Chiang Mai
Number of units
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Sales Prices
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Year Built
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Completion Status
Completed
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