Unit ID: U1917535
9% Rental Yield
Tenant-Occupied until Jun 30, 2025
Suthep, Mueang Chiang Mai,Chiang Mai
฿1,890,000
Studio Bedroom
1
Bathroom
30 SqM
Size
4
Floor
Apr 2007
Completed

About This Condo

This property is a 30 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Apr 2007. You can buy this condo for a base price of ฿1,890,000 (฿63,000/SqM).

Basic Information

Date Listed Aug 23, 2024
Updated 3 months ago
Property Type Condo
Floor 4
Bedroom Studio
Size 30 SqM
Price per SqM ฿63,000
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) Unblocked Open 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1917535

Investment Opportunity: Charges & Yield

Sale Price
฿1,890,000
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.
11
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 studio condos at Hillside 2 Condominium , and the current sales price.
9%

Project Details

Developer: N/A
Construction: Completed (Apr 2007)
Floors: 10
Buildings: N/A
Units: 228
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.6 Km
Location: Suthep, Chiang Mai
Hillside 2 Condominium Project Details

Project Features

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

Available Units at Hillside 2 Condominium

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Hillside 2 Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Hillside 2 Condominium and it is 0.6 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 Hillside 2 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
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Hillside 2 Condominium

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
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
฿3.24M - ฿6M
▼ -11% underpriced
Monthly Rentals
฿20K - ฿24K
Year Built
Nov 2010
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
370
Sales Prices
฿1.88M - ฿22.9M
▼ -35% underpriced
Monthly Rentals
฿13K - ฿35K
Year Built
Dec 2009
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
฿3.24M - ฿15M
Monthly Rentals
฿50K
Year Built
Nov 2009
Completion Status
Completed
Project Name
The Nimmana Condo
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
350
Sales Prices
฿3.6M - ฿12.5M
▼ -3.3% underpriced
Monthly Rentals
฿18K - ฿50K
Year Built
Mar 2015
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
150
Sales Prices
฿1.79M - ฿3.49M
Monthly Rentals
฿25K
Year Built
Jan 2012
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
109
Sales Prices
฿3.1M - ฿6.2M
Monthly Rentals
฿15K - ฿25K
Year Built
May 2009
Completion Status
Completed
Project Name
Boonyamas Mansion
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿2.39M
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
75
Sales Prices
฿3.45M - ฿6.78M
▼ -22.7% underpriced
Monthly Rentals
฿13K - ฿45K
Year Built
Jan 2014
Completion Status
Completed
Project Name
103 Condo Nimman
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
100
Sales Prices
฿3.49M
Monthly Rentals
N/A
Year Built
May 1970
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
฿3.25M
Monthly Rentals
฿15K
Year Built
Aug 2015
Completion Status
Completed
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