Unit ID: U1375882
6% Rental Yield
Chang Phueak, Mueang Chiang Mai,Chiang Mai
฿2,890,000
1 Bedroom
1
Bathroom
56 SqM
Size
3
Floor
Jan 2010
Completed

About This Condo

This property is a 56 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in Jan 2010. You can buy this condo for a base price of ฿2,890,000 (฿51,607/SqM).

Features

BalconyBalcony TVTV

Basic Information

Date Listed Feb 10, 2023
Updated 1 year ago
Property Type Condo
Floor 3
Bedroom 1
Size 56 SqM
Price per SqM ฿51,607
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
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.
฿2,240/mo
Listed By
Private Owner
Electricity Price Government Rate
Water Price Government Rate
Unit ID U1375882

Investment Opportunity: Charges & Yield

Sale Price
฿2,890,000
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.
฿2,240/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 Touch Hill Place Elegant, and the current sales price.
6%

Project Details

Project Name: Touch Hill Place Elegant
Construction: Completed (Jan 2010)
Floors: 10
Buildings: 1
Units: 59
Project Area: 1,600 SqM
Nearest Landmark Chiang Mai Zoo - 4.3 Km
Location: Chang Phueak, Chiang Mai
Touch Hill Place Elegant 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
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area
Outdoor Kids Zone Outdoor Kids Zone
Communal Garden Area Communal Garden Area

Popular Facilities at Touch Hill Place Elegant

  • Communal Pool
    1st Floor
  • Communal Gym
    2nd Floor
  • Sauna
    2nd Floor

Available Units at Touch Hill Place Elegant

For Sale 12 For Rent 7
Updated 2 days ago
Available Units at Touch Hill Place Elegant
฿5,480,000
฿79,168/SqM
Beds 1 Beds
Baths 1 Baths
Size 69.22 SqM Size
Floor 3 Floor
Foreign Quota Mountain View
Updated 3 weeks ago
Available Units at Touch Hill Place Elegant
฿7,500,000
฿60,484/SqM
Beds 2 Beds
Baths 2 Baths
Size 124 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Touch Hill Place Elegant
฿8,140,000
฿80,594/SqM
Beds 2 Beds
Baths 2 Baths
Size 101 SqM Size
Floor 4 Floor
Company Fully Furnished City View
Available Units at Touch Hill Place Elegant
฿13,000,000
฿87,015/SqM
Beds 3 Beds
Baths 2 Baths
Size 149.40 SqM Size
Floor 9 Floor
Foreign Quota Mountain View
Available Units at Touch Hill Place Elegant
฿11,860,000
฿79,384/SqM
Beds 3 Beds
Baths 2 Baths
Size 149.40 SqM Size
Floor 3 Floor
Foreign Quota Mountain View
Available Units at Touch Hill Place Elegant
฿26,900,000
฿85,000/SqM
Beds 4 Beds
Baths 4 Baths
Size 316.47 SqM Size
Floor 10 Floor
Foreign Quota Mountain View
Available Units at Touch Hill Place Elegant
฿6,170,000
฿88,067/SqM
Beds 1 Beds
Baths 1 Baths
Size 70.06 SqM Size
Floor 9 Floor
Foreign Quota Mountain View
Available Units at Touch Hill Place Elegant
฿2,990,000
฿62,292/SqM
Beds 1 Beds
Baths 1 Baths
Size 48 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished City View
Available Units at Touch Hill Place Elegant
฿5,200,000
฿61,905/SqM
Beds 2 Beds
Baths 2 Baths
Size 84 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Garden View
Available Units at Touch Hill Place Elegant
฿2,890,000
฿51,607/SqM
Beds 1 Beds
Baths 1 Baths
Size 56 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at Touch Hill Place Elegant
฿7,000,000
฿50,725/SqM
Beds 2 Beds
Baths 2 Baths
Size 138 SqM Size
Floor 7 Floor
Foreign Quota Garden View
Updated 1 day ago
Available Units at Touch Hill Place Elegant
฿5,300,000
฿42,400/SqM
Beds 2 Beds
Baths 2 Baths
Size 125 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Mountain View
Get notified when new homes are being added to Touch Hill Place Elegant
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Frequently Asked Questions

No pets are allowed at Touch Hill Place Elegant 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 ฿40 per square meter based on the size of indoor area of the property and is ฿2,240 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 Touch Hill Place Elegant the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Chiang Mai Zoo is the nearest Tourist Attraction from Touch Hill Place Elegant and it is 4.3 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 Touch Hill Place Elegant 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
฿50,000
1st Installment
Upon contract signing
2%
2nd Installment
On handover
98%

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
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The surrounding atmosphere is very natural
Mark Scott, Australia, 6 years ago
My friends and I have traveled to Thailand many times. But we usually go to Phuket. This time, I had the opportunity to travel to Chiang Mai for the first time and was impressed with the natural atmosphere and accommodation. We booked a penthouse to stay with 3 people. I can tell you that it's better than I thought. The rooms are clean, spacious, and decorated with quality furniture. The surrounding atmosphere is very natural. From the room, you can see the view of Doi Suthep as well. Besides, there are shops and restaurants nearby, making it convenient and easy to find food. And, there are many amenities here, such as the swimming pool, fitness center, sauna, and putt golf course. But unfortunately, my friend and I don't have time to use it at all. Every day, just go out to various attractions. If there is a chance, I'll come back and stay again for sure.
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Touch Hill Place Elegant

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
Project Name
Touch Hill Place
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
99
Sales Prices
฿5M - ฿5.3M
Monthly Rentals
฿13K - ฿24K
Year Built
Jan 2010
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
76
Sales Prices
฿2.1M - ฿6.2M
▼ -24% underpriced
Monthly Rentals
฿22K
Year Built
Jun 2009
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
45
Sales Prices
฿2.45M - ฿9.45M
▼ -11.1% underpriced
Monthly Rentals
฿14K - ฿35K
Year Built
Dec 2017
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
54
Sales Prices
฿2.41M - ฿2.86M
▼ -39% underpriced
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
74
Sales Prices
฿5.3M - ฿15.5M
▼ -25% underpriced
Monthly Rentals
฿24K - ฿28K
Year Built
Aug 2013
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
77
Sales Prices
฿3.2M
▼ -9% underpriced
Monthly Rentals
฿20K - ฿25K
Year Built
Oct 2010
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
1
Sales Prices
฿88.9M
Monthly Rentals
N/A
Year Built
Jul 2024
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
110
Sales Prices
฿3.2M - ฿7.5M
▼ -24% underpriced
Monthly Rentals
N/A
Year Built
Dec 2010
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿1.89M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
92
Sales Prices
฿3.73M - ฿9.24M
▼ -13.5% underpriced
Monthly Rentals
฿25K - ฿34K
Year Built
Dec 2019
Completion Status
Completed
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