Unit ID: U1366370
7% Rental Yield
Nong Pa Khrang, Mueang Chiang Mai,Chiang Mai
฿2,200,000
3 Bedrooms
2
Bathrooms
80 SqM
Size
14
Floor
Dec 2010
Completed

About This Condo

This property is a 80 SqM condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Pa Khrang, Chiang Mai and was completed in Dec 2010. You can buy this condo for a base price of ฿2,200,000 (฿27,500/SqM) and it is also available for long term rentals starting from ฿12,500 per month.

Features

BalconyBalcony MicrowaveMicrowave TVTV

Basic Information

Date Listed Jan 10, 2023
Updated 1 year ago
Property Type Condo
Floor 14
Bedrooms 3
Size 80 SqM
Price per SqM ฿27,500
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%.

N/A
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 SR Complex
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.
฿800/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 U1366370

Investment Opportunity: Charges & Yield

Sale Price
฿2,200,000
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.
฿800/mo
Rent
฿12,500/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.
15
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.
7%

Project Details

Project Name: SR Complex
Developer: N/A
Construction: Completed (Dec 2010)
Floors: 14
Buildings: 1
Units: 140
Project Area: N/A
Nearest Landmark Chiang Mai Railway Station - 0.7 Km
Location: Nong Pa Khrang, Chiang Mai
SR Complex Project Details

Project Features

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

Popular Facilities at SR Complex

  • Communal Pool
    Ground Floor

Available Units at SR Complex

For Sale 2 For Rent 2
Get notified when new homes are being added to SR Complex
View All (2)

Loan Calculator

Frequently Asked Questions

No pets are allowed at SR Complex 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 for properties at SR Complex is a fixed amount of ฿800. This amount 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 Railway Station is the nearest Railway Station from SR Complex and it is 0.7 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 SR Complex 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

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Reasonable price
Keko Martinez, Spain, 8 years ago
My room is a second-hand condo at a reasonable price. It may deteriorate over time if viewed from the outside because the condo was completed for many years. However, the room that I bought is still considered modern and decorated with good quality furniture and some electrical appliances. The common area has all the amenities that come with a swimming pool and a fitness center. Although it's not modern, it's still in good working condition. Oh, importantly, the condo's location is close to various amenities such as shops, restaurants, shopping centers, Big C, Rimping Supermarket, Dara Academy, and Nong Pa Krang Health Promoting Hospital, which is regarded as complete and highly comfortable.
Chiang Mai
Nong Pa Khrang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby SR Complex

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
Project Name
SR Condo Complex
Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
330
Sales Prices
฿650K - ฿4.8M
Monthly Rentals
฿6.5K - ฿32K
Year Built
Dec 2002
Completion Status
Completed
Project Name
HyCondo Iconic
Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
175
Sales Prices
฿1.99M - ฿7.03M
Monthly Rentals
N/A
Year Built
Sep 2025
Completion Status
Off Plan
Project Name
V Twin Donjan
Location
Tha Sala, Mueang Chiang Mai, Chiang Mai
Number of units
106
Sales Prices
฿2.21M - ฿5.88M
▼ -32.8% underpriced
Monthly Rentals
N/A
Year Built
Apr 2014
Completion Status
Completed
Project Name
PP Condominium
Location
Tha Sala, Mueang Chiang Mai, Chiang Mai
Number of units
100
Sales Prices
฿945K - ฿1M
Monthly Rentals
฿5.5K
Year Built
Dec 2005
Completion Status
Completed
Location
Wat Ket, Mueang Chiang Mai, Chiang Mai
Number of units
75
Sales Prices
฿989K - ฿1.19M
Monthly Rentals
N/A
Year Built
Feb 2016
Completion Status
Completed
Project Name
The Nine Thasala
Location
Tha Sala, Mueang Chiang Mai, Chiang Mai
Number of units
23
Sales Prices
฿3.6M - ฿8.7M
▼ -5.6% underpriced
Monthly Rentals
฿25K
Year Built
Dec 2019
Completion Status
Completed
Project Name
Supanich Condo
Location
Wat Ket, Mueang Chiang Mai, Chiang Mai
Number of units
40
Sales Prices
฿1.59M - ฿2.45M
Monthly Rentals
฿20K
Year Built
Dec 2005
Completion Status
Completed
Project Name
The Greenery Loft
Location
Tha Sala, Mueang Chiang Mai, Chiang Mai
Number of units
92
Sales Prices
฿3.99M - ฿6.2M
▲ 4% overpriced
Monthly Rentals
฿27K - ฿35K
Year Built
Jan 2013
Completion Status
Completed
Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
375
Sales Prices
฿1M
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Project Name
Anasiri Payap
Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
101
Sales Prices
฿11M - ฿18M
Monthly Rentals
฿55K - ฿60K
Year Built
Dec 2015
Completion Status
Completed
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