Unit ID: U32991
8% Rental Yield
Chang Phueak, Mueang Chiang Mai,Chiang Mai
฿3,900,000
Studio Bedroom
1
Bathroom
56.20 SqM
Size
3
Floor
May 2005
Completed

About This Condo

This property is a 56.20 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in May 2005. You can buy this condo for a base price of ฿3,900,000 (฿69,395/SqM).

Experience Chiang Mai's Tranquility from this "Hidden Gem," Studio Condo Today!

Are you looking for a home that comes with peace and quiet? Somewhere away from the hustle and bustle of a big city? We've got just the place for you.This studio condo located in the Hillside Plaza and Condotel 4 project in Chang Phueak, Chiang Mai is the perfect property to help you get away from it all.At 56.20 square meters, this condo is just the right size for any individual or couple seeking a getaway home. With one bathroom, you and your family or friends can relax and enjoy your own space without needing to worry about being too cramped.This condo was completed in May of 2005 and is one of Chiang Mai's best-kept secrets. Enjoy stunning views of the stunning hillsides and breathtaking views within the comfort of this condo. Within the area, you'll also be able to take part in the area's many activities such as horseback riding, shopping, and golfing. Plus, it's conveniently located near popular restaurants, local markets, and plenty of entertainment.You won't have to break the bank to make your dream of having a getaway in Chiang Mai come true. With a base price of ฿2,753,800, this fantastic property is available for ฿49,000 per square meter.If you've been longing for a home away from the busy daily life and a place to call your own, look no further than this charming studio condo in the Hillside Plaza & Condotel 4. You won't regret treating yourself to this piece of paradise and soaking in everything Chiang Mai has to offer. Why wait? Get in touch with us right away to learn more about this property and make it yours today!

Features

BalconyBalcony

Basic Information

Date Listed Sep 11, 2017
Updated 5 months ago
Property Type Condo
Floor 3
Bedroom Studio
Size 56.20 SqM
Price per SqM ฿69,395
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 STU
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.
฿1,405/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U32991

Investment Opportunity: Charges & Yield

Sale Price
฿3,900,000
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.
฿1,405/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.
12
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 Plaza & Condotel 4, and the current sales price.
8%

Project Details

Developer: N/A
Construction: Completed (May 2005)
Floors: 15
Buildings: N/A
Units: 587
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.4 Km
Location: Chang Phueak, Chiang Mai
Hillside Plaza & Condotel 4 Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at Hillside Plaza & Condotel 4

For Sale 16 For Rent 11
Updated 1 week ago
Available Units at Hillside Plaza & Condotel 4
฿8,490,000
฿51,705/SqM
Beds 2 Beds
Baths 2 Baths
Size 164.20 SqM Size
Floor 12 Floor
Foreign Quota Fully Furnished Unblocked Open View
Available Units at Hillside Plaza & Condotel 4
฿5,490,000
฿57,307/SqM
Beds 2 Beds
Baths 2 Baths
Size 95.80 SqM Size
Floor 11 Floor
Foreign Quota Fully Furnished Unblocked Open View
Available Units at Hillside Plaza & Condotel 4
฿2,200,000
฿48,889/SqM
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished
Updated 2 weeks ago
Available Units at Hillside Plaza & Condotel 4
฿2,149,000
฿47,756/SqM
Beds Studio Beds
Baths 1 Baths
Size 45 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished
Available Units at Hillside Plaza & Condotel 4
฿3,900,000
฿69,395/SqM
Beds Studio Beds
Baths 1 Baths
Size 56.20 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿2,807,700
฿49,000/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 57.30 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿10,706,800
฿52,000/SqM
Great Price
Beds 3 Beds
Baths 3 Baths
Size 205.90 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿6,897,000
฿55,000/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 125.40 SqM Size
Floor 9 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿12,390,000
฿68,833/SqM
Great Price
Beds 2 Beds
Baths 3 Baths
Size 180 SqM Size
Floor 12 Floor
Thai Quota Partly Furnished Mountain View
Available Units at Hillside Plaza & Condotel 4
฿7,022,400
฿56,000/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 125.40 SqM Size
Floor 10 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿11,118,600
฿54,000/SqM
Good Price
Beds 3 Beds
Baths 3 Baths
Size 205.90 SqM Size
Floor 8 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿9,031,000
฿55,000/SqM
Good Price
Beds 2 Beds
Baths 2 Baths
Size 164.20 SqM Size
Floor 9 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿16,911,600
฿51,000/SqM
Good Price
Beds 3 Beds
Baths 3 Baths
Size 331.60 SqM Size
Floor 5 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿9,672,500
฿53,000/SqM
Great Price
Beds 2 Beds
Baths 1 Baths
Size 182.50 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿17,243,200
฿52,000/SqM
Beds 3 Beds
Baths 3 Baths
Size 331.60 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
Available Units at Hillside Plaza & Condotel 4
฿9,687,800
฿59,000/SqM
Beds 2 Beds
Baths 2 Baths
Size 164.20 SqM Size
Floor 13 Floor
Foreign Quota Fully Furnished City View
Get notified when new homes are being added to Hillside Plaza & Condotel 4
View All (16)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Hillside Plaza & Condotel 4 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 ฿25 per square meter based on the size of indoor area of the property and is ฿1,405 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.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Hillside Plaza & Condotel 4 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 Hillside Plaza & Condotel 4 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

Reviews

4.2 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo in the heart of Chiang Mai City
Solya smith, United States, 6 years ago
This condo is located in Chiang Mai downtown. It's conveniently close to all amenities, including markets, restaurants, schools, hospitals, and famous tourist attractions. The great location made me decide to rent the room here. It is a 45 square meters studio room designed in a modern style. The room is quite spacious and suitable for me to stay alone, fully-fitted with furniture, a refrigerator, cooking utensils and home appliances. The facilities in the project are complete. It has an excellent management system, a reception, internet access, parking spaces, and 24-hour security guards. For me, I am very satisfied staying here
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Hillside Plaza & Condotel 4

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
70
Sales Prices
฿3.5M
▲ 28% overpriced
Monthly Rentals
฿13K - ฿18K
Year Built
Aug 2018
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
฿3.4M - ฿4.2M
▲ 0.7% overpriced
Monthly Rentals
฿14K
Year Built
Feb 2018
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
฿3.35M - ฿3.69M
Monthly Rentals
฿19K - ฿20K
Year Built
Dec 2017
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
฿3.5M
▲ 14% overpriced
Monthly Rentals
฿12K - ฿17K
Year Built
Aug 2016
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
฿2.89M
Monthly Rentals
N/A
Year Built
Jun 2015
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
68
Sales Prices
฿3.35M - ฿3.8M
▼ -0.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2017
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
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿1.59M
Monthly Rentals
฿18K
Year Built
Jan 2010
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
98
Sales Prices
฿3.2M - ฿3.99M
Monthly Rentals
N/A
Year Built
Oct 2017
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
฿2.19M
Monthly Rentals
฿9K
Year Built
Dec 2013
Completion Status
Completed
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