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    4 Bedroom Condo for sale at Hill Park Condo 2
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    ฿4,500,000 ฿5,090,000
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    4 Bedroom Condo for sale at Hill Park Condo 2
    (1 Review)
    Unit ID: U83159
    7% Rental Yield
    Tenant-Occupied until Jan 1, 2025
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
    ฿4,500,000 ฿5,090,000 Great Price
    4 Bedrooms
    3
    Bathrooms
    150 SqM
    Size
    Dec 1996
    Completed
    10
    Sale Price
    ฿4,500,000
    ฿5,090,000
    Great Price

    About This Condo

    This property is a 150 SqM condo with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in Dec 1996. You can buy this condo for a base price of ฿4,500,000 (฿30,000/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

    Features

    BalconyBalcony

    Basic Information

    Date Listed Aug 31, 2018
    Updated 1 month ago
    Property Type Condo
    Floor N/A
    Bedrooms 4
    Size 150 SqM
    Price per SqM ฿30,000
    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
    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 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 U83159

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿4,500,000
    Rent
    ฿25,000/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.
    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: Hill Park Condo 2
    Developer: N/A
    Construction: Completed (Dec 1996)
    Floors: 13
    Buildings: N/A
    Units: 96
    Project Area: 972 SqM
    Nearest Landmark Maya Lifestyle Shopping Center - 0.8 Km
    Location: Chang Phueak, Chiang Mai
    Hill Park Condo 2 Project Details

    Project Features

    Car Parking Car Parking

    Available Units at Hill Park Condo 2

    For Sale 2 For Rent 3
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    • 4 Beds
    Get notified when new homes are being added to Hill Park Condo 2
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    Frequently Asked Questions

    No pets are allowed at Hill Park Condo 2 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Maya Lifestyle Shopping Center is the nearest Shopping Mall from Hill Park Condo 2 and it is 0.8 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 Hill Park Condo 2 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

    4.7 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The condo in the heart of the city
    John Jacob, United Kingdom, 8 years ago
    Although this condo lasted many years due to its construction built a long time ago, it is easily accessible since it is located in the central city, near Maya Lifestyle Shopping Center and Chiang Mai University. It is also full of convenience stores and a lot of restaurants to choose from. Importantly, the rental price of 2 bedrooms is less than ten thousand, which is considered a relatively low price. The only disadvantage is that the common area was neither pool nor gym, just the security system.
    Chiang Mai
    Chang Phueak

    Neighborhood Overview

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