Unit ID: U1972611
6% Rental Yield
Nong Hoi, Mueang Chiang Mai,Chiang Mai
฿3,500,000
2 Bedrooms
1
Bathroom
79 SqM
Size
4
Floor
Jan 1993
Completed

About This Condo

This property is a 79 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Nong Hoi, Chiang Mai and was completed in Jan 1993. You can buy this condo for a base price of ฿3,500,000 (฿44,304/SqM) and it is also available for long term rentals starting from ฿18,000 per month.

2 bedroom for rent and sale

DetailsSize 79 sq.m.2 bedrooms1 bathroomJacuzzi bathtub Near-by places: hospital, post office, Nong Hoi Market, Tops super Market, Rim Ping Supermarket, 7 Eleven, pharmacy, banks, gas station, restaurants, Varee Chiang Mai School, Montfort College (primary and secondary), Chiang Mai airport, and Central Plaza Chiang Mai Airport shopping mall. Facilities in the building: smoking area, free Wifi on the first floor and 2nd floor, 24-hour security guards, CCTV, keycard , swimming pool on 2nd floor Rental fee:  18,000 baht / 12 month. 21,000/6 months. 22,000/3 months (1 month pay in advance, deposite 1 month)Selling price: 3.5 mb

Features

TerraceTerrace MicrowaveMicrowave

Basic Information

Date Listed Nov 20, 2024
Updated 6 hours ago
Property Type Condo
Floor 4
Bedrooms 2
Size 79 SqM
Price per SqM ฿44,304
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) River or Canal View, Pool View
Unit Type N/A
Building Riverside Condo Chiang Mai
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.
฿1,185/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 U1972611

Investment Opportunity: Charges & Yield

Sale Price
฿3,500,000
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.
฿1,185/mo
Rent
฿18,000/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.
16
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.
6%

Project Details

Developer: Vorrawut Group
Construction: Completed (Jan 1993)
Floors: 18
Buildings: 1
Units: 500
Project Area: 6,800 SqM
Nearest Landmark Wiang Kum Kam - 2.1 Km
Location: Nong Hoi, Chiang Mai
Chiang Mai Riverside Condominium Project Details

Project Features

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

Popular Facilities at Chiang Mai Riverside Condominium

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    3rd Floor

Available Units at Chiang Mai Riverside Condominium

For Sale 20 For Rent 9
Available Units at Chiang Mai Riverside Condominium
฿1,690,000
฿36,739/SqM
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
฿3,500,000
฿44,304/SqM
Beds 2 Beds
Baths 1 Baths
Size 79 SqM Size
Floor 4 Floor
Foreign Quota Partly Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
฿1,500,000
฿32,609/SqM
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 17 Floor
Thai Quota Partly Furnished Mountain View
Available Units at Chiang Mai Riverside Condominium
฿1,500,000
฿32,609/SqM
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 3 Floor
Thai Quota Partly Furnished City View
Available Units at Chiang Mai Riverside Condominium
฿1,790,000
฿38,913/SqM
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 18 Floor
Foreign Quota Fully Furnished City View
Available Units at Chiang Mai Riverside Condominium
฿5,800,000
฿39,726/SqM
Beds 2 Beds
Baths 2 Baths
Size 146 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
฿1,499,999
฿32,609/SqM
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Unblocked Open View
Available Units at Chiang Mai Riverside Condominium
฿1,780,000
฿38,696/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 14 Floor
Thai Quota Fully Furnished Unblocked Open View
Available Units at Chiang Mai Riverside Condominium
฿1,850,000
฿40,217/SqM
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished City View
Available Units at Chiang Mai Riverside Condominium
฿1,780,000
฿38,696/SqM
Good Price
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
฿1,750,000
฿38,043/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 15 Floor
Fully Furnished Unblocked Open View
Available Units at Chiang Mai Riverside Condominium
฿1,750,000
฿38,043/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 18 Floor
Thai Quota Fully Furnished Unblocked Open View
Available Units at Chiang Mai Riverside Condominium
฿1,750,000
฿38,043/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 17 Floor
Thai Quota Fully Furnished Unblocked Open View
Available Units at Chiang Mai Riverside Condominium
฿1,590,000
฿33,830/SqM
Beds Studio Beds
Baths 1 Baths
Size 47 SqM Size
Floor 13 Floor
Thai Quota Mountain View
Available Units at Chiang Mai Riverside Condominium
฿3,500,000
฿44,304/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 79 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
฿2,000,000
฿43,478/SqM
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 18 Floor
Thai Quota Mountain View
Available Units at Chiang Mai Riverside Condominium
฿1,750,000
฿38,043/SqM
Good Price
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 6 Floor
Thai Quota Partly Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
฿1,350,000
฿29,348/SqM
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 5 Floor
Thai Quota City View
Available Units at Chiang Mai Riverside Condominium
฿1,750,000
฿38,043/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
฿4,200,000
฿53,165/SqM
Beds 2 Beds
Baths 2 Baths
Size 79 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished Unblocked Open View
Get notified when new homes are being added to Chiang Mai Riverside Condominium
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Frequently Asked Questions

No pets are allowed at Chiang Mai Riverside 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 ฿15 per square meter based on the size of indoor area of the property and is ฿1,185 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.
Wiang Kum Kam is the nearest Tourist Attraction from Chiang Mai Riverside Condominium and it is 2.1 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 Chiang Mai Riverside 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

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Another quality condo project in Chiang Mai
Latina G., Thailand, 6 years ago
It's a great condo and worth the price. I enjoyed my stay here. I'm impressed with the project's design. It is livable. The room is very spacious. There is enough space to use and well-organized areas. Moreover, the furniture is luxurious and durable. There are many fantastic facilities, such as a gym, a pool, etc. This place is also close to amenities. Super convenient! The neighbors are friendly. The staff is excellent. Overall, this place is great.
Chiang Mai
Nong Hoi

Neighborhood Overview

Location and Neighborhood

Street View

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