Chiang Mai Riverside Condominium

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Nong Hoi, Mueang Chiang Mai,Chiang Mai

Unit ID: U642586
7% Rental Yield
฿3,400,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
79 SqM Size
Floors
3 Floor
Construction
Aug 2012 Completed

1 Bedroom Condo for sale at Chiang Mai Riverside Condominium

This property is a 79 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Chiang Mai Riverside Condominium project in Nong Hoi, Chiang Mai and was completed in Aug 2012. You can buy this condo for a base price of ฿3,400,000 (฿43,038/SqM).

Features

Full Western KitchenFull Western Kitchen OvenOven TVTV

Basic Information

Property Type Condo
Floor 3
Bedroom 1
Size 79 SqM
Price per SqM ฿43,038
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Foreign Quota, Thai Quota, Company
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.
฿1,185/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Nov 25, 2020
Last Updated 10 months ago
Unit ID U642586

Price Analysis

Great Price
Estimated market value ฿3,843,328
Great
฿3,670,000
Good
Fair
Above
฿3,910,000
Current asking Price: ฿3,400,000 | Rental estimate: ฿19,400/mo
This condo is ฿443,328 BELOW MARKET (-12%) in the Chiang Mai area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿3,400,000
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.
฿1,185/mo
Est. Rent
฿19,400/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.
15
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 Chiang Mai Riverside Condominium, and the current sales price.
7%

Project Details

Developer: Vorrawut Group
Construction: Completed (Aug 2012)
Floors: 18
Buildings: 1
Units: 500
Project Area: 6,800 SqM
Nearest Landmark Wiang Kum Kam - 2.1 Km
Location: Nong Hoi, Mueang Chiang Mai, Chiang Mai
Chiang Mai Riverside Condominium Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Key card access Key card access

Popular Facilities at Chiang Mai Riverside Condominium

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    3rd Floor

Available Units at Chiang Mai Riverside Condominium

For Sale 18 For Rent 5
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Available Units at Chiang Mai Riverside Condominium
฿47,619
Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor 17 Floor
Thai Quota Fully Furnished River or Canal View
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Available Units at Chiang Mai Riverside Condominium
฿32,391
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished
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Available Units at Chiang Mai Riverside Condominium
฿48,913
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Beds 1 Beds
Baths 1 Baths
Size 92 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
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Available Units at Chiang Mai Riverside Condominium
฿46,739
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Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor - Floor
Thai Quota Unblocked Open View
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Available Units at Chiang Mai Riverside Condominium
฿44,304
Great Price
Beds 2 Beds
Baths 2 Baths
Size 79 SqM Size
Floor 11 Floor
Thai Quota Fully Furnished River or Canal View
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Available Units at Chiang Mai Riverside Condominium
฿43,038
Great Price
Beds 1 Beds
Baths 1 Baths
Size 79 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
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Available Units at Chiang Mai Riverside Condominium
฿39,726
Good Price
Beds 2 Beds
Baths 2 Baths
Size 146 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished River or Canal View
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Available Units at Chiang Mai Riverside Condominium
-
Beds 2 Beds
Baths 1 Baths
Size 79 SqM Size
Floor 13 Floor
Fully Furnished River or Canal View
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Available Units at Chiang Mai Riverside Condominium
฿38,043
Great Price
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 15 Floor
Fully Furnished Unblocked Open View
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Available Units at Chiang Mai Riverside Condominium
฿53,165
Beds 2 Beds
Baths 2 Baths
Size 79 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished Unblocked Open View
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Available Units at Chiang Mai Riverside Condominium
฿38,043
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 6 Floor
Thai Quota Fully Furnished River or Canal View
Favorite
Compare
Available Units at Chiang Mai Riverside Condominium
฿38,043
Great Price
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 18 Floor
Thai Quota Fully Furnished Unblocked Open View
Favorite
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Available Units at Chiang Mai Riverside Condominium
฿38,043
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 14 Floor
Thai Quota Fully Furnished Unblocked Open View
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Available Units at Chiang Mai Riverside Condominium
฿38,043
Great Price
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 6 Floor
Thai Quota Partly Furnished River or Canal View
Favorite
Compare
Available Units at Chiang Mai Riverside Condominium
฿32,391
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 4 Floor
Company Fully Furnished Unblocked Open View
Favorite
Compare
Available Units at Chiang Mai Riverside Condominium
-
Beds Studio Beds
Baths 1 Baths
Size 47 SqM Size
Floor - Floor
Fully Furnished
Favorite
Compare
Available Units at Chiang Mai Riverside Condominium
฿40,806
Beds 2 Beds
Baths 2 Baths
Size 146 SqM Size
Floor 3 Floor
Fully Furnished River or Canal View
Favorite
Compare
Available Units at Chiang Mai Riverside Condominium
฿38,043
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 17 Floor
Thai Quota Fully Furnished Unblocked Open View
Favorite
Compare
Available Units at Chiang Mai Riverside Condominium
฿38,043
Great Price
Beds Studio Beds
Baths 1 Baths
Size 46 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished River or Canal View
Favorite
Compare
Available Units at Chiang Mai Riverside Condominium
฿38,043
Great Price
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 12 Floor
Fully Furnished River or Canal View
Favorite
Compare
Available Units at Chiang Mai Riverside Condominium
฿44,304
Great Price
Beds 2 Beds
Baths 2 Baths
Size 79 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished River or Canal View
Get notified when new homes are being added to Chiang Mai Riverside Condominium

Loan Calculator

Frequently asked questions

No pets are allowed at Chiang Mai Riverside Condominium 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 ฿15 per square meter based on the size of indoor area of the property and is ฿1,185 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.
Wiang Kum Kam is the nearest Tourist Attraction from Chiang Mai Riverside Condominium and it is 2.1 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 Chiang Mai Riverside 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

Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

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Chiang Mai

Nong Hoi

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