Unit ID: U1972398
6% Rental Yield
Pa Daet, Mueang Chiang Mai,Chiang Mai
฿2,800,000
1 Bedroom
1
Bathroom
32.22 SqM
Size
4
Floor
Jun 2020
Completed

About This Condo

This property is a 32.22 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Pa Daet, Chiang Mai and was completed in Jun 2020. You can buy this condo for a base price of ฿2,800,000 (฿86,903/SqM).

Arise Condo

4th floor Swimming pool view

Features

Covered ParkingCovered Parking

Basic Information

Date Listed Nov 19, 2024
Updated 1 month ago
Property Type Condo
Floor 4
Bedroom 1
Size 32.22 SqM
Price per SqM ฿86,903
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) N/A
Unit Type N/A
Building Building E
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.
฿1,933/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1972398

Investment Opportunity: Charges & Yield

Sale Price
฿2,800,000
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.
฿1,933/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.
17
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 1 bedroom condos at Arise Condo At Mahidol, and the current sales price.
6%

Project Details

Project Name: Arise Condo At Mahidol
Developer: Ornsirin Group
Construction: Completed (Jun 2020)
Floors: 5
Buildings: 10
Units: 380
Project Area: 12,800 SqM
Nearest Landmark Centralplaza Chiangmai Airport - 1.4 Km
Location: Pa Daet, Chiang Mai
Arise Condo At Mahidol Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Communal Garden Area Communal Garden Area

Popular Facilities at Arise Condo At Mahidol

  • Communal Pool
    1st Floor
  • Communal Gym
    2nd Floor
  • Communal Garden Area
    1st Floor

Available Units at Arise Condo At Mahidol

For Sale 12 For Rent 10
Available Units at Arise Condo At Mahidol
฿3,950,000
฿82,292/SqM
Beds 2 Beds
Baths 2 Baths
Size 48 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Pool View
Available Units at Arise Condo At Mahidol
฿2,690,000
฿81,515/SqM
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished City View
Updated 3 weeks ago
Available Units at Arise Condo At Mahidol
฿2,900,000
฿87,879/SqM
Beds 1 Beds
Baths 1 Baths
Size 33 SqM Size
Floor 3 Floor
Fully Furnished Pool View
Available Units at Arise Condo At Mahidol
฿2,800,000
฿86,903/SqM
Beds 1 Beds
Baths 1 Baths
Size 32.22 SqM Size
Floor 4 Floor
Foreign Quota Partly Furnished
Available Units at Arise Condo At Mahidol
฿4,100,000
฿85,774/SqM
Beds 2 Beds
Baths 2 Baths
Size 47.80 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Pool View
Available Units at Arise Condo At Mahidol
฿2,290,000
฿85,130/SqM
Beds 1 Beds
Baths 1 Baths
Size 26.90 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Pool View
Available Units at Arise Condo At Mahidol
฿4,400,000
฿78,334/SqM
Beds 2 Beds
Baths 2 Baths
Size 56.17 SqM Size
Floor Ground Floor Floor
Foreign Quota Unfurnished City View
Available Units at Arise Condo At Mahidol
฿2,300,000
฿86,175/SqM
Beds 1 Beds
Baths 1 Baths
Size 26.69 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Arise Condo At Mahidol
฿2,490,000
฿78,549/SqM
Beds 1 Beds
Baths 1 Baths
Size 31.70 SqM Size
Floor 2 Floor
Foreign Quota Partly Furnished Garden View
Available Units at Arise Condo At Mahidol
฿2,190,000
฿82,053/SqM
Beds Studio Beds
Baths 1 Baths
Size 26.69 SqM Size
Floor 5 Floor
Foreign Quota Partly Furnished City View
Available Units at Arise Condo At Mahidol
฿2,490,000
฿78,549/SqM
Beds 1 Beds
Baths 1 Baths
Size 31.70 SqM Size
Floor 2 Floor
Foreign Quota Partly Furnished Garden View
Available Units at Arise Condo At Mahidol
฿2,840,000
฿88,089/SqM
Beds 1 Beds
Baths 1 Baths
Size 32.24 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
Get notified when new homes are being added to Arise Condo At Mahidol
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Frequently Asked Questions

No pets are allowed at Arise Condo At Mahidol 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 ฿60 per square meter based on the size of indoor area of the property and is ฿1,933 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Arise Condo At Mahidol the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Centralplaza Chiangmai Airport is the nearest Shopping Mall from Arise Condo At Mahidol and it is 1.4 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 Arise Condo At Mahidol you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon contract signing
5%
2nd Installment
down payment of selling price within 15 days after Signing Purchasing Contract
25%
3rd Installment
On handover
70%

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
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Studio room, suitable for living alone
Ken Zhang, China, 4 years ago
I had the opportunity to visit the sample room, which is a 27 square meter studio room. I think this size room is ok for a single or short stay as it is quite small and narrow. Not suitable for people who used to have a lot of space in the house. There is a complete set of furniture decoration. Beautiful and modern. Including basic facilities; a large swimming pool, rest area, fitness, and Parking. The location is good. Close to Central Department Store. The project is currently under construction. When finished, come back to make a decision again.
A beautiful and luxurious condo design
Kiora Husson, Poland, 5 years ago
I moved to live here for 3 months, which is impressive because the condo surrounding area peaceful and safe. The neighbors and staff are friendly and very helpful. The room that I stay in is beautifully decorated and stylish, giving a sense of relaxation. What's more, there is a common area that offers complete facilities to comfortably and fully use. I've already used the service, and everything is alright. In addition, the condo is conveniently located and has easy access to everywhere in Mueang Chiang Mai. I made the right decision to live here.
Chiang Mai
Pa Daet

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Arise Condo At Mahidol

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
Pa Daet, Mueang Chiang Mai, Chiang Mai
Number of units
4
Sales Prices
฿30.1M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
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Location
Pa Daet, Mueang Chiang Mai, Chiang Mai
Number of units
136
Sales Prices
฿1.6M - ฿3.3M
Monthly Rentals
N/A
Year Built
Jan 2022
Completion Status
Completed
Location
Pa Daet, Mueang Chiang Mai, Chiang Mai
Number of units
74
Sales Prices
฿12M - ฿17.9M
Monthly Rentals
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Year Built
Jan 2007
Completion Status
Completed
Location
Pa Daet, Mueang Chiang Mai, Chiang Mai
Number of units
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Number of units
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Completion Status
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Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
34
Sales Prices
฿10M - ฿30M
Monthly Rentals
N/A
Year Built
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Completion Status
Completed
Location
Pa Daet, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
฿2.9M
Monthly Rentals
฿13K - ฿14.2K
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Completed
Project Name
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Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
78
Sales Prices
฿1.4M - ฿2.79M
▲ 2% overpriced
Monthly Rentals
฿13K
Year Built
Jan 2014
Completion Status
Completed
Location
Pa Daet, Mueang Chiang Mai, Chiang Mai
Number of units
582
Sales Prices
฿700K
Monthly Rentals
N/A
Year Built
Nov 2015
Completion Status
Completed
Project Name
Karnkanok 19
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
285
Sales Prices
฿3.6M - ฿3.95M
▼ -22% underpriced
Monthly Rentals
฿15K - ฿20.6K
Year Built
Dec 2016
Completion Status
Completed
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