Unit ID: U1903986
6% Rental Yield
San Phak Wan, Hang Dong,Chiang Mai
฿1,890,000
1 Bedroom
1
Bathroom
46 SqM
Size
2
Floor
Completed

About This Condo

This property is a 46 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in San Phak Wan, Chiang Mai. You can buy this condo for a base price of ฿1,890,000 (฿41,087/SqM) and it is also available for long term rentals starting from ฿10,000 per month.

Condo for rent and sale

 **Rental Rates:**   - **1 Year:** 10,000 THB/month [2 months deposit + 1 month advance payment, total 30,000 THB due on contract signing]     **Pets not allowed.**     **For Sale:** 1.89 million THB (transfer fee shared equally)     **Facilities:**   - 1 Bedroom   - 1 Bathroom   - 1 Living Room   - 1 Sofa Bed   - 1 Dining Table   - 1 Dressing Table   - 1 Refrigerator   - 2 Air Conditioners   - 2 TVs   - Electric Stove   - Exhaust Fan   - 1 Microwave   - Elevator   - Facial recognition system for building entry     **Nearby Locations:**   - Airport 8.2 km   - Robinson 6.4 km   - Night Safari 4.9 km   - Royal Park Rajapruek 5.6 km   - Baan Tawai 8.1 km   - Wiang Kum Kam 6.1 km   - Big C Hang Dong 3.3 km  

Basic Information

Date Listed Jul 29, 2024
Updated 3 months ago
Property Type Condo
Floor 2
Bedroom 1
Size 46 SqM
Price per SqM ฿41,087
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, Leasehold, Company
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
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1903986

Investment Opportunity: Charges & Yield

Sale Price
฿1,890,000
Rent
฿10,000/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

Developer: N/A
Construction: Completed
Floors: N/A
Buildings: N/A
Units: 3
Project Area: N/A
Nearest Landmark Makro Hangdong - 1.8 Km
Location: San Phak Wan, Chiang Mai
The Orchid Boutique Condo Project Details

Project Features

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

Available Units at The Orchid Boutique Condo

For Sale 3 For Rent 3
Get notified when new homes are being added to The Orchid Boutique Condo
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Frequently Asked Questions

No pets are allowed at The Orchid Boutique Condo unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Makro Hangdong is the nearest Shopping Mall from The Orchid Boutique Condo and it is 1.8 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 The Orchid Boutique Condo 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
San Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Orchid Boutique Condo

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
San Phak Wan, Hang Dong, Chiang Mai
Number of units
209
Sales Prices
฿1.26M
Monthly Rentals
N/A
Year Built
Jan 2013
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
374
Sales Prices
฿2.81M - ฿4.03M
Monthly Rentals
฿20.2K - ฿25.2K
Year Built
Feb 2014
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
35
Sales Prices
฿3.01M - ฿3.83M
Monthly Rentals
฿15.1K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Baan Nuntima
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
56
Sales Prices
฿6.24M - ฿10.1M
Monthly Rentals
฿95.8K
Year Built
Jan 2009
Completion Status
Completed
Project Name
The Create
Location
Mae Hia, Hang Dong, Chiang Mai
Number of units
35
Sales Prices
฿2.57M
Monthly Rentals
N/A
Year Built
Aug 2018
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
85
Sales Prices
฿2.72M - ฿6.55M
Monthly Rentals
N/A
Year Built
Dec 2012
Completion Status
Completed
Location
Mae Hia, Hang Dong, Chiang Mai
Number of units
311
Sales Prices
฿1.76M
Monthly Rentals
N/A
Year Built
Nov 2017
Completion Status
Made To Order
Project Name
Pool Suite
Location
Mae Hia, Hang Dong, Chiang Mai
Number of units
195
Sales Prices
฿2.41M - ฿4.03M
Monthly Rentals
฿17.1K - ฿25.2K
Year Built
Jan 2018
Completion Status
Completed
Project Name
Proud Kwang Wiang
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
4
Sales Prices
฿7.55M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
฿7.56M
Monthly Rentals
฿14.1K - ฿45.4K
Year Built
May 2008
Completion Status
Completed
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