Unit ID: U1700368
Chang Khlan, Mueang Chiang Mai,Chiang Mai
฿14,900,000
2 Bedrooms
2
Bathrooms
154 SqM
Size
6
Floor
Dec 2006
Completed

About This Condo

This property is a 154 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Peaks Garden Condominium project in Chang Khlan, Chiang Mai and was completed in Dec 2006. You can buy this condo for a base price of ฿14,900,000 (฿96,753/SqM).

Two Bedrooms Corner Unit, Foreign Quota Peaks Garden

With open views on 2 sides the apartment benefits from an abundance of light and evokes a sense of living in the treetops. West facing the living room balcony enjoys sunsets over Chiang Mais’ iconic Suthep Mountain.  Peaks Garden benefits from a central atrium which allows natural light and air into the corridors. With only 79 units it is one of the smaller buildings in Chiang Mai helping to ensure that communal facilities such as the gym and pool do not suffer from overcrowding common in the newer larger developments and the management team, who are excellent, also get to develop a close and caring relationship with the buildings’ residents. The building also benefits from a very healthy balance sheet thanks to years of good management that has allowed the committee to accumulate cash reserves ensuring that essential maintenance is always carried out on time to maintain the property value into the future. The property is currently tenanted. The rent is 30,000 THB/month.  The rental contract will end at May 2024. 

Features

TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Jan 8, 2024
Updated 2 weeks ago
Property Type Condo
Floor 6
Bedrooms 2
Size 154 SqM
Price per SqM ฿96,753
Pets N/A
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
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) City View
Unit Type N/A
Building Peaks Garden
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.
฿45/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1700368

Investment Opportunity: Charges & Yield

Sale Price
฿14,900,000
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.
฿45/mo

Project Details

Project Name: Peaks Garden Condominium
Developer: N/A
Construction: Completed (Dec 2006)
Floors: N/A
Buildings: N/A
Units: 1
Project Area: N/A
Nearest Landmark N/A
Location: Chang Khlan, Chiang Mai
Peaks Garden 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
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area

Loan Calculator

Frequently Asked Questions

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 Peaks Garden 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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