Unit ID: U1939306
2% Rental Yield
Suthep, Mueang Chiang Mai,Chiang Mai
฿42,000,000
1 Bedroom
2
Bathrooms
71.56 SqM
Size
2
Floor
Dec 2012
Completed

About This Condo

This property is a 71.56 SqM condo with 1 bedroom and 2 bathrooms that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Dec 2012. You can buy this condo for a base price of ฿42,000,000 (฿586,920/SqM).

Basic Information

Date Listed Sep 25, 2024
Updated 1 month ago
Property Type Condo
Floor 2
Bedroom 1
Size 71.56 SqM
Price per SqM ฿586,920
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.
฿3,578/mo
Listed By
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Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1939306

Investment Opportunity: Charges & Yield

Sale Price
฿42,000,000
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.
฿3,578/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.
56

Project Details

Developer: N/A
Construction: Completed (Dec 2012)
Floors: 2
Buildings: N/A
Units: 20
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 1.1 Km
Location: Suthep, Chiang Mai
NaTaRa Exclusive Residences Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area

Available Units at NaTaRa Exclusive Residences

For Sale 2 For Rent 2
Get notified when new homes are being added to NaTaRa Exclusive Residences
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Frequently Asked Questions

No pets are allowed at NaTaRa Exclusive Residences 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 ฿50 per square meter based on the size of indoor area of the property and is ฿3,578 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.
Chiang Mai International Airport is the nearest Airport from NaTaRa Exclusive Residences and it is 1.1 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 NaTaRa Exclusive Residences 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

4.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is a spacious room.
Jessica Lawrence, United States, 5 years ago
It is a spacious 2-bedroom condo as a single house, making it ideal for a family. It has a quiet atmosphere. The interior is decorated with wooden furniture. The common area is shaded by trees and has various facilities, such as swimming pools, fitness centers, playgrounds, etc. The condo's location is a bit deep, so there aren't many shops or restaurants nearby, but the project provides a tasty on-site restaurant. Oh, I almost forgot that the condo's in proximity to the Chiang Mai Night Safari. When I stayed there, I used to travel with my children.
Chiang Mai
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby NaTaRa Exclusive Residences

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
฿20M - ฿32M
Monthly Rentals
฿35K
Year Built
Jan 2011
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
71
Sales Prices
฿2.68M
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Project Name
Chayayon Condo
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
65
Sales Prices
฿1.3M - ฿1.5M
▼ -44% underpriced
Monthly Rentals
N/A
Year Built
Feb 2014
Completion Status
Completed
Project Name
Chayayon Village
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿4M - ฿9.5M
▼ -23% underpriced
Monthly Rentals
฿22K - ฿60K
Year Built
Dec 2010
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
63
Sales Prices
฿6.9M - ฿11.9M
Monthly Rentals
N/A
Year Built
Jan 2000
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿3.71M - ฿3.89M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿2.5M - ฿3.9M
Monthly Rentals
฿15K
Year Built
Dec 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
98
Sales Prices
฿23.9M - ฿38M
Monthly Rentals
N/A
Year Built
May 2010
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿2.2M - ฿2.3M
▼ -37% underpriced
Monthly Rentals
฿18K
Year Built
Jan 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
199
Sales Prices
฿2.7M - ฿13M
▼ -7.8% underpriced
Monthly Rentals
฿18K - ฿55K
Year Built
Feb 2017
Completion Status
Completed
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