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    2 Bedroom Condo for sale at Hinoki Condo Chiangmai
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    ฿9,447,750
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    2 Bedroom Condo for sale at Hinoki Condo Chiangmai
     (Write Review)
    Unit ID: U1020008
    5% Rental Yield
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
    ฿9,447,750
    2 Bedrooms
    2
    Bathrooms
    123.50 SqM
    Size
    7
    Floor
    Dec 2017
    Completed
    7
    Sale Price
    ฿9,447,750

    About This Condo

    This property is a 123.50 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in Dec 2017. You can buy this condo for a base price of ฿9,447,750 (฿76,500/SqM).

    Features

    BalconyBalcony TVTV

    Basic Information

    Date Listed Jul 15, 2022
    Updated 2 years ago
    Property Type Condo
    Floor 7
    Bedrooms 2
    Size 123.50 SqM
    Price per SqM ฿76,500
    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, Company
    Furniture
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Built In
    View(s) Mountain View
    Unit Type 2BR
    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.
    ฿5,558/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U1020008

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿9,447,750
    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.
    ฿5,558/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.
    21
    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 Hinoki Condo Chiangmai, and the current sales price.
    5%

    Project Details

    Project Name: Hinoki Condo Chiangmai
    Developer: Hinoki Condo Chiang Mai Co., Ltd.
    Construction: Completed (Dec 2017)
    Floors: 7
    Buildings: 2
    Units: 45
    Project Area: 388 SqM
    Nearest Landmark Lanna Golf Course - 1.8 Km
    Location: Chang Phueak, Chiang Mai
    Hinoki Condo Chiangmai Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Sauna Sauna
    Onsen Onsen
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at Hinoki Condo Chiangmai

    • All
    • Fitness
    • Leisure
    4
    • Communal Pool
      1st Floor
    • Onsen
      1st Floor
    • Sauna
      1st Floor
    • Communal Gym
      2nd Floor

    Available Units at Hinoki Condo Chiangmai

    For Sale 11 For Rent 4
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Hinoki Condo Chiangmai
    View All (11)

    Loan Calculator

    Payment Plan

    Payment Plan
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿20,000
    1st Installment
    Upon contract signing
    ฿100,000
    2nd Installment
    On handover
    100%

    Frequently Asked Questions

    No pets are allowed at Hinoki Condo Chiangmai 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 ฿5,558 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 Hinoki Condo Chiangmai the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
    Lanna Golf Course is the nearest Golf from Hinoki Condo Chiangmai and it is 1.8 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 Hinoki Condo Chiangmai you have to follow these steps:

    • - Agreement of terms and conditions
    • - Reservation Agreement
    • - Reservation Deposit
    • - Sales and Purchase Agreement
    • - Settlement & Transfer

     


    Payment Plan
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    ฿20,000
    1st Installment
    Upon contract signing
    ฿100,000
    2nd Installment
    On handover
    100%

    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
    Chang Phueak

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