Unit ID: U1954537
12% Rental Yield
Suthep, Mueang Chiang Mai,Chiang Mai
฿1,199,999
Studio Bedroom
1
Bathroom
26.20 SqM
Size
6
Floor
Dec 2002
Completed

About This Condo

This property is a 26.20 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Dec 2002. You can buy this condo for a base price of ฿1,199,999 (฿45,801/SqM).

Charming Studio Condo with Mountain Views in Nimmanhaemin

Looking for an affordable, cozy condo in the heart of Nimmanhaemin? This 26.2 sqm fully furnished studio on the 6th floor of Srithana Condo 1 offers everything you need for convenient city living! Enjoy a breathtaking mountain view from your window while being in one of Chiang Mai’s most vibrant areas. Located in the trendy Nimmanhaemin district, you’ll have easy access to boutique shops, cafes, and the city’s best nightlife. This move-in-ready condo is ideal for singles or investors looking for a prime location at a fantastic price.Asking Price: 1,199,999 THB Key Features: - Size: 26.2 sqm studio - Fully furnished and ready for immediate occupancy - Stunning mountain view - Prime location in Nimmanhaemin, Chiang Mai’s most sought-after area - Great investment opportunity This deal won’t last long!

Basic Information

Date Listed Oct 24, 2024
Updated 1 month ago
Property Type Condo
Floor 6
Bedroom Studio
Size 26.20 SqM
Price per SqM ฿45,801
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
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.
N/A
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 U1954537

Investment Opportunity: Charges & Yield

Sale Price
฿1,199,999
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.
9
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 Srithana Condominium 1, and the current sales price.
12%

Project Details

Project Name: Srithana Condominium 1
Developer: N/A
Construction: Completed (Dec 2002)
Floors: 8
Buildings: N/A
Units: 144
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.8 Km
Location: Suthep, Chiang Mai
Srithana Condominium 1 Project Details

Project Features

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

Available Units at Srithana Condominium 1

For Sale 5 For Rent 1
Get notified when new homes are being added to Srithana Condominium 1
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Frequently Asked Questions

No pets are allowed at Srithana Condominium 1 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 Srithana Condominium 1 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 Srithana Condominium 1 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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Chiang Mai
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Srithana Condominium 1

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
235
Sales Prices
฿1.95M - ฿3.9M
Monthly Rentals
฿9.5K - ฿15K
Year Built
May 2000
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿1.59M
Monthly Rentals
฿18K
Year Built
Jan 2010
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
48
Sales Prices
฿3.4M - ฿4.25M
Monthly Rentals
N/A
Year Built
Jul 2017
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
฿2.19M
Monthly Rentals
฿9K
Year Built
Dec 2013
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
300
Sales Prices
฿1.53M - ฿6M
▼ -47% underpriced
Monthly Rentals
฿13K - ฿24K
Year Built
May 2012
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
฿3.4M - ฿4.2M
▲ 0.7% overpriced
Monthly Rentals
฿14K
Year Built
Feb 2018
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
฿2.89M
Monthly Rentals
N/A
Year Built
Jun 2015
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
฿3.5M
▲ 14% overpriced
Monthly Rentals
฿12K - ฿17K
Year Built
Aug 2016
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
68
Sales Prices
฿3.35M - ฿3.8M
▼ -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
฿3.35M - ฿3.69M
Monthly Rentals
฿19K - ฿20K
Year Built
Dec 2017
Completion Status
Completed
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