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    Studio Condo for sale at Night Bazaar Condotel
    Chang Khlan, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    ฿1,390,000
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    Studio Condo for sale at Night Bazaar Condotel
    (1 Review)
    Unit ID: U1977537
    11% Rental Yield
    Tenant-Occupied until Dec 31, 2024
    Chang Khlan, Mueang Chiang Mai,Chiang Mai
    ฿1,390,000
    Studio Bedroom
    1
    Bathroom
    28 SqM
    Size
    7
    Floor
    Jan 1998
    Completed
    8
    Sale Price
    ฿1,390,000

    About This Condo

    This property is a 28 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Chang Khlan, Chiang Mai and was completed in Jan 1998. You can buy this condo for a base price of ฿1,390,000 (฿49,643/SqM) and it is also available for long term rentals starting from ฿12,500 per month.

    Features

    TerraceTerrace Covered ParkingCovered Parking Fully RenovatedFully Renovated (2024) Renovated BathroomRenovated Bathroom (2024) MicrowaveMicrowave OvenOven TVTV Cable TVCable TV

    Basic Information

    Date Listed Nov 29, 2024
    Updated 1 day ago
    Property Type Condo
    Floor 7
    Bedroom Studio
    Size 28 SqM
    Price per SqM ฿49,643
    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.
    ฿900/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1977537

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿1,390,000
    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.
    ฿900/mo
    Rent
    ฿12,500/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.
    9
    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.
    11%

    Project Details

    Project Name: Night Bazaar Condotel
    Developer: N/A
    Construction: Completed (Jan 1998)
    Floors: 12
    Buildings: N/A
    Units: 220
    Project Area: N/A
    Nearest Landmark Warorot Market - 0.5 Km
    Location: Chang Khlan, Chiang Mai
    Night Bazaar Condotel Project Details

    Project Features

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

    Available Units at Night Bazaar Condotel

    For Sale 2 For Rent 2
    • All
    • Studio
    Get notified when new homes are being added to Night Bazaar Condotel
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    Frequently Asked Questions

    No pets are allowed at Night Bazaar Condotel unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Warorot Market is the nearest Market from Night Bazaar Condotel and it is 0.5 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 Night Bazaar Condotel 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 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Nice and convenient condo
    Khai R., Canada, 6 years ago
    The condo is very convenient for travel because they can access many places in Chiang Mai, and it takes only a few minutes. The project is well-managed, and it's great they have a 24-hour security system. My friend and I have rented this condo for several weeks. It's a studio which is the fitted size for two people to live in. The room is well-organized and equipped with a kitchen, a bathroom, a living room, and a relaxing area. One more thing to mention is that neighbors are lovely and friendly. I haven't had any problems so far.
    Chiang Mai
    Chang Khlan

    Neighborhood Overview

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