Unit ID: U1849356
6% Rental Yield
Tenant-Occupied until Feb 1, 2025
Nong Pa Khrang, Mueang Chiang Mai,Chiang Mai
฿2,350,000
1 Bedroom
1
Bathroom
45 SqM
Size
7
Floor
Nov 2015
Completed

About This Condo

This property is a 45 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Pa Khrang, Chiang Mai and was completed in Nov 2015. You can buy this condo for a base price of ฿2,350,000 (฿52,222/SqM) and it is also available for long term rentals starting from ฿12,000 per month.

Features

Private GymPrivate Gym Private PoolPrivate Pool Private GardenPrivate Garden BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Date Listed May 25, 2024
Updated 5 months ago
Property Type Condo
Floor 7
Bedroom 1
Size 45 SqM
Price per SqM ฿52,222
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, 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) City View, Unblocked Open View
Unit Type N/A
Building Punna Residence Oasis 1
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.
฿1,350/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1849356

Investment Opportunity: Charges & Yield

Sale Price
฿2,350,000
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.
฿1,350/mo
Rent
฿12,000/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.
16
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: Punna Residence Oasis 1
Developer: Punna Development
Construction: Completed (Nov 2015)
Floors: 8
Buildings: 1
Units: 152
Project Area: 3,363 SqM
Nearest Landmark Central Chiangmai - 1.2 Km
Location: Nong Pa Khrang, Chiang Mai
Punna Residence Oasis 1 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Communal Garden Area Communal Garden Area

Popular Facilities at Punna Residence Oasis 1

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

Available Units at Punna Residence Oasis 1

For Sale 15 For Rent 2
Updated 3 weeks ago
Available Units at Punna Residence Oasis 1
฿3,100,000
฿57,407/SqM
Beds 1 Beds
Baths 1 Baths
Size 54 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Punna Residence Oasis 1
฿2,350,000
฿52,222/SqM
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Punna Residence Oasis 1
฿3,970,000
฿60,152/SqM
Beds 1 Beds
Baths 2 Baths
Size 66 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished City View
Available Units at Punna Residence Oasis 1
฿1,750,000
฿53,030/SqM
Beds Studio Beds
Baths 1 Baths
Size 33 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished
Available Units at Punna Residence Oasis 1
฿2,709,200
฿52,904/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 51.21 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished City View
Available Units at Punna Residence Oasis 1
฿3,750,000
฿57,692/SqM
Beds 1 Beds
Baths 2 Baths
Size 65 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished Pool View
Available Units at Punna Residence Oasis 1
฿2,500,000
฿55,556/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 8 Floor
Thai Quota Partly Furnished Mountain View
Available Units at Punna Residence Oasis 1
฿2,908,000
฿56,764/SqM
Beds 1 Beds
Baths 1 Baths
Size 51.23 SqM Size
Floor 4 Floor
Company Fully Furnished Park View
Available Units at Punna Residence Oasis 1
฿4,300,000
฿63,235/SqM
Beds 1 Beds
Baths 1 Baths
Size 68 SqM Size
Floor 6 Floor
Foreign Quota City View
Available Units at Punna Residence Oasis 1
฿2,735,200
฿53,411/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 51.21 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Available Units at Punna Residence Oasis 1
฿2,766,400
฿54,021/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 51.21 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Available Units at Punna Residence Oasis 1
฿2,854,800฿2,997,000
฿55,747/SqM
Beds 1 Beds
Baths 1 Baths
Size 51.21 SqM Size
Floor 8 Floor
Company Fully Furnished City View
Available Units at Punna Residence Oasis 1
฿2,997,000
฿56,019/SqM
Beds 1 Beds
Baths 1 Baths
Size 53.50 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at Punna Residence Oasis 1
฿3,623,400
฿55,616/SqM
Beds 1 Beds
Baths 2 Baths
Size 65.15 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Punna Residence Oasis 1
฿4,000,000
฿58,824/SqM
Beds 1 Beds
Baths 2 Baths
Size 68 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Pool View
Get notified when new homes are being added to Punna Residence Oasis 1
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Frequently Asked Questions

No pets are allowed at Punna Residence Oasis 1 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 $1 per square meter based on the size of indoor area of the property and is $40 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 Punna Residence Oasis 1 the required payment for the sinking fund is $12 per square meter based on the size of the indoor area of the property.
Central Chiangmai is the nearest Shopping Mall from Punna Residence Oasis 1 and it is 1.2 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 Punna Residence Oasis 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
Nong Pa Khrang

Neighborhood Overview

Location and Neighborhood

Street View

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