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    2 Bedroom Condo for sale at Rimping Condominium
    Wat Ket, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    ฿5,300,000
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    2 Bedroom Condo for sale at Rimping Condominium
     (Write Review)
    Unit ID: U1974061
    5% Rental Yield
    Wat Ket, Mueang Chiang Mai,Chiang Mai
    ฿5,300,000
    2 Bedrooms
    2
    Bathrooms
    88 SqM
    Size
    10
    Floor
    Apr 1998
    Completed
    16
    Sale Price
    ฿5,300,000

    About This Condo

    This property is a 88 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Wat Ket, Chiang Mai and was completed in Apr 1998. You can buy this condo for a base price of ฿5,300,000 (฿60,227/SqM).

    Features

    Pool AccessPool Access

    Basic Information

    Date Listed Nov 23, 2024
    Updated 1 month ago
    Property Type Condo
    Floor 10
    Bedrooms 2
    Size 88 SqM
    Price per SqM ฿60,227
    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%.

    N/A
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly 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 U1974061

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,300,000
    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.
    19
    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 2 bedroom condos at Rimping Condominium, and the current sales price.
    5%

    Project Details

    Project Name: Rimping Condominium
    Developer: N/A
    Construction: Completed (Apr 1998)
    Floors: 21
    Buildings: N/A
    Units: 590
    Project Area: N/A
    Nearest Landmark Muang Mai Market - 0.4 Km
    Location: Wat Ket, Chiang Mai
    Rimping Condominium 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

    Available Units at Rimping Condominium

    For Sale 2 For Rent 4
    • All
    • 2 Beds
    Get notified when new homes are being added to Rimping Condominium
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    Frequently Asked Questions

    No pets are allowed at Rimping Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Muang Mai Market is the nearest Market from Rimping Condominium and it is 0.4 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 Rimping Condominium 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
    Wat Ket

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