Unit ID: U1106218
6% Rental Yield
Tenant-Occupied until Jul 22, 2025
Chang Khlan, Mueang Chiang Mai,Chiang Mai
฿5,700,000
1 Bedroom
1
Bathroom
69.31 SqM
Size
4
Floor
Dec 2006
Completed

About This Condo

This property is a 69.31 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chang Khlan, Chiang Mai and was completed in Dec 2006. You can buy this condo for a base price of ฿5,700,000 (฿82,239/SqM) and it is also available for long term rentals starting from ฿27,000 per month.

One Bedroom for Sale

The condo features quality furniture and furnishings, including shoe cabinet, net curtains and
light-out curtains, brand name appliances and accessories, tinted-glass windows and sliding
doors with net screens, full-width balcony, among others.


The living area includes Daikin air conditioner, cushioned lounge furniture with cushions, coffee
table, 48” Sony TV with wi-fi enabled YouTube, wired for Internet subscription & in-house landline
phone, view of Doi Suthep mountains and access to full-width balcony with balcony furniture.


The dining area includes dining table with 4 chairs with cushions and 4 place-set tableware.
The open-plan Western style kitchen in teak-panel includes double-edged-bull-nosed granite
counter-tops & back-splash, inset round-sink, wall-cabinets, dimmer down-lights, floor-based
drawers, built-in Electrolux washing machine, built-in Mitsubishi fridge-freezer, concealed Teka
hood, concealed power-points to connect with 2 hot-plates cooker, microwave, mini oven, kettle,
rice cooker, toaster, cookware and accessories.


The spacious master bedroom with Daikin air conditioner, 4 poster king size teak bed with all
seasons quality mattress, mattress pad, bedsheets, new comforter, bedside cabinets, bed side lamps,
3-door mirrored closet, mirrored dressing table, and writing desk with lamp, Sony TV and access
to ensuite bathroom.


The spacious ensuite bathroom includes full bath-tub with 9000w Stiebel Eltron water heater,
shower with curtain, TOTO commode with wash-let bidet seat, spacious sink and with access to
the bedroom and lobby.

Features

BalconyBalcony BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed Jun 16, 2022
Updated 3 months ago
Property Type Condo
Floor 4
Bedroom 1
Size 69.31 SqM
Price per SqM ฿82,239
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) Pool View, Garden 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.
฿3,119/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1106218

Investment Opportunity: Charges & Yield

Sale Price
฿5,700,000
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.
฿3,119/mo
Rent
฿27,000/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.
18
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.
6%

Project Details

Project Name: Peaks Garden
Construction: Completed (Dec 2006)
Floors: 8
Buildings: 1
Units: 77
Project Area: 2 SqM
Nearest Landmark Chiang Mai Night Bazaar - 0.7 Km
Location: Chang Khlan, Chiang Mai
Peaks Garden Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Peaks Garden

  • Communal Pool
    Rooftop
  • Communal Gym
    Ground Floor
  • Reception / Lobby Area
    Ground Floor

Available Units at Peaks Garden

For Sale 6 For Rent 5
Get notified when new homes are being added to Peaks Garden
View All (6)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Peaks Garden 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 ฿45 per square meter based on the size of indoor area of the property and is ฿3,119 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 Night Bazaar is the nearest Market from Peaks Garden and it is 0.7 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 Peaks Garden you have to follow these steps:

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

 


Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
10%
1st Installment
Upon contract signing
40%
2nd Installment
On handover
50%

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
Elegant room, beautiful furniture and swimming pool under big trees
Zandra Durham, Australia, 9 years ago
I had to travel away from home in Phuket to work in Chiang Mai, so I had to find a place to live alone, and I decided to rent a 1-bedroom condo here in which the room is not too spacious or too small, just right for one person like me. I like the location near all amenities, convenient to travel and go shopping for just a few minutes. However, there will be insufficient parking spaces, but I use the taxi service anyway. It is considered convenient, no need to grab the parking space with anyone. I love the swimming pool here; the atmosphere is pleasant and shady because it's under big trees, but I'm not sure what the tree they call it. Anyone who likes to swim but doesn't like the sun will be delighted. The surrounding condo is complete with many kinds of trees, just like in the forest; I love it here! Wherever you look, it is green and comfortable. Also, there is a daily rental service. It is suitable for anyone who travels to Chiang Mai to experience the cold wind during various festivals, and I recommend it so you won't be disappointed. The price is not high as well.
Chiang Mai
Chang Khlan

Neighborhood Overview

Location and Neighborhood

Street View

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