Unit ID: U1947559
7% Rental Yield
Chang Phueak, Mueang Chiang Mai,Chiang Mai
฿2,599,000
Studio Bedroom
1
Bathroom
45 SqM
Size
7
Floor
May 2005
Completed

About This Condo

This property is a 45 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in May 2005. You can buy this condo for a base price of ฿2,599,000 (฿57,756/SqM).

Modern luxury studio room nearby Nimman

Fully furnished 

Features

Pool AccessPool Access Covered ParkingCovered Parking Fully RenovatedFully Renovated (2024)

Basic Information

Date Listed Oct 10, 2024
Updated 1 week ago
Property Type Condo
Floor 7
Bedroom Studio
Size 45 SqM
Price per SqM ฿57,756
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) N/A
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.
฿1,125/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1947559

Investment Opportunity: Charges & Yield

Sale Price
฿2,599,000
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.
฿1,125/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.
14
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 studio condos at Hillside Plaza & Condotel 4, and the current sales price.
7%

Project Details

Developer: N/A
Construction: Completed (May 2005)
Floors: 15
Buildings: N/A
Units: 587
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.4 Km
Location: Chang Phueak, Chiang Mai
Hillside Plaza & Condotel 4 Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Hillside Plaza & Condotel 4

For Sale 16 For Rent 10
Available Units at Hillside Plaza & Condotel 4
฿2,100,000
฿46,667/SqM
Beds Studio Beds
Baths 1 Baths
Size 45 SqM Size
Thai Quota Fully Furnished City View
Updated 1 week ago
Available Units at Hillside Plaza & Condotel 4
฿2,599,000
฿57,756/SqM
Beds Studio Beds
Baths 1 Baths
Size 45 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished
Available Units at Hillside Plaza & Condotel 4
฿3,900,000
฿69,395/SqM
Beds Studio Beds
Baths 1 Baths
Size 56.20 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿2,807,700
฿49,000/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 57.30 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿6,520,800
฿52,000/SqM
Great Price
Beds 2 Beds
Baths 2 Baths
Size 125.40 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿10,706,800
฿52,000/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 205.90 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿12,390,000
฿68,833/SqM
Great Price
Beds 2 Beds
Baths 3 Baths
Size 180 SqM Size
Floor 12 Floor
Thai Quota Partly Furnished Mountain View
Available Units at Hillside Plaza & Condotel 4
฿10,900,000
฿52,913/SqM
Beds 4 Beds
Baths 3 Baths
Size 206 SqM Size
Floor 14 Floor
Foreign Quota Fully Furnished
Available Units at Hillside Plaza & Condotel 4
฿6,897,000
฿55,000/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 125.40 SqM Size
Floor 9 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿11,118,600
฿54,000/SqM
Good Price
Beds 3 Beds
Baths 3 Baths
Size 205.90 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿7,022,400
฿56,000/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 125.40 SqM Size
Floor 10 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿16,911,600
฿51,000/SqM
Good Price
Beds 3 Beds
Baths 3 Baths
Size 331.60 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿9,031,000
฿55,000/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 164.20 SqM Size
Floor 9 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿17,243,200
฿52,000/SqM
Beds 3 Beds
Baths 3 Baths
Size 331.60 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿9,672,500
฿53,000/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 182.50 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿9,687,800
฿59,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 164.20 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to Hillside Plaza & Condotel 4
View All (16)

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Frequently Asked Questions

No pets are allowed at Hillside Plaza & Condotel 4 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 ฿25 per square meter based on the size of indoor area of the property and is ฿1,125 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.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Hillside Plaza & Condotel 4 and it is 0.4 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 Hillside Plaza & Condotel 4 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
Condo in the heart of Chiang Mai City
Solya smith, United States, 6 years ago
This condo is located in Chiang Mai downtown. It's conveniently close to all amenities, including markets, restaurants, schools, hospitals, and famous tourist attractions. The great location made me decide to rent the room here. It is a 45 square meters studio room designed in a modern style. The room is quite spacious and suitable for me to stay alone, fully-fitted with furniture, a refrigerator, cooking utensils and home appliances. The facilities in the project are complete. It has an excellent management system, a reception, internet access, parking spaces, and 24-hour security guards. For me, I am very satisfied staying here
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Hillside Plaza & Condotel 4

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
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
70
Sales Prices
฿3.49M
▲ 28% overpriced
Monthly Rentals
฿13K - ฿17.9K
Year Built
Aug 2018
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
฿3.39M - ฿4.19M
▲ 0.7% overpriced
Monthly Rentals
฿14K
Year Built
Feb 2018
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
฿3.34M - ฿3.68M
Monthly Rentals
฿18.9K - ฿19.9K
Year Built
Dec 2017
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
฿3.49M
▲ 14% overpriced
Monthly Rentals
฿12K - ฿16.9K
Year Built
Aug 2016
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
฿2.88M
Monthly Rentals
N/A
Year Built
Jun 2015
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
68
Sales Prices
฿3.34M - ฿3.79M
▼ -0.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
฿3.24M
Monthly Rentals
฿14.9K
Year Built
Aug 2015
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
98
Sales Prices
฿3.86M - ฿3.98M
Monthly Rentals
N/A
Year Built
Oct 2017
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
฿2.18M
Monthly Rentals
฿8.97K
Year Built
Dec 2013
Completion Status
Completed
Project Name
Moda Condo
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
59
Sales Prices
฿3.94M - ฿5.57M
▼ -24% underpriced
Monthly Rentals
฿12K - ฿39.9K
Year Built
Nov 2015
Completion Status
Completed
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