Hillside 3 Condominium

4.33 (1 Review)

Suthep, Mueang Chiang Mai,Chiang Mai

Unit ID: U647404
5% Rental Yield
฿2,600,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
63.60 SqM Size
Floors
3 Floor
Construction
Dec 2009 Completed

1 Bedroom Condo for sale at Hillside 3 Condominium

This property is a 63.60 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Hillside 3 Condominium project in Suthep, Chiang Mai and was completed in Dec 2009. You can buy this condo for a base price of ฿2,600,000 (฿40,881/SqM).

This well presented third-floor open plan apartment is in an excellent location in the heart of the Nimman area and within easy walking distance to all amenities

  • 63.6 Sq.m of 3rd floor living space
  • Open-plan living, dining and kitchen
  • Kitchen equipped fridge, hot plate and more
  • One bedroom with plenty of space and storage
  • Fully furnished and air-conditioned

Features

BathtubBathtub

Basic Information

Property Type Condo
Floor 3
Bedroom 1
Size 63.60 SqM
Price per SqM ฿40,881
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
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
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,908/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 Dec 17, 2020
Last Updated 7 months ago
Unit ID U647404

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿3,435,207
Great
฿2,710,000
Good
Fair
Above
฿4,270,000
Current asking Price: ฿2,600,000 | Rental estimate: ฿11,100/mo
This condo is ฿835,207 BELOW MARKET (-24%) 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
฿2,600,000
CAM Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,908/mo
Est. Rent
฿11,100/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.
20
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 Hillside 3 Condominium, and the current sales price.
5%

Project Details

Project Name: Hillside 3 Condominium
Developer: N/A
Construction: Completed (Dec 2009)
Floors: 10
Buildings: N/A
Units: 370
Project Area: N/A
Nearest Landmark Han Teung Chiang Mai ( @Chiang Mai ) - 0.2 Km
Location: Suthep, Mueang Chiang Mai, Chiang Mai
Hillside 3 Condominium Project Details

Project Features

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

Available Units at Hillside 3 Condominium

For Sale 5 For Rent 2
Get notified when new homes are being added to Hillside 3 Condominium

Loan Calculator

Frequently asked questions

No pets are allowed at Hillside 3 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 ฿30 per square meter based on the size of indoor area of the property and is ฿1,908 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.
Han Teung Chiang Mai ( @Chiang Mai ) is the nearest Neighborhood from Hillside 3 Condominium and it is 0.2 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 3 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

Previous Sales (Secondary Market) at Hillside 3 Condominium

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

Do you own a property at Hillside 3 Condominium?

Find out how much your property is worth and start your listing for free.

Reviews

4.3 out of 5 4.33
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Amazing location
4.3 Emma Lee, China, 2 years ago
This location can be described in a single word: amazing!!! Because it is surrounded by all of the amenities and is easily accessible. There are convenience stores, shops, and famous restaurants nearby. It's not difficult to find something to eat. I didn't expect it to be this comfortable when I first moved here. I only knew it as a well-known area. Unfortunately, the project is an old building. What's more, some equipment deteriorates over time. Residents can access a fitness center, a swimming pool, a garden, and parking. The staff is nice and welcoming. The neighbors are lovely too. I'm no issues with the rented room. The owner renovates a large set, like getting a brand new in the city center. Superb!

Chiang Mai

Suthep

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby Hillside 3 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
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
79
Sales Prices
฿2.75M - ฿5.99M
Monthly Rentals
฿20K
Year Built
Nov 2010
Completion Status
Completed
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
228
Sales Prices
N/A
Monthly Rentals
฿15K
Year Built
Apr 2007
Completion Status
Completed
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
79
Sales Prices
N/A
Monthly Rentals
฿25K - ฿54.9K
Year Built
Nov 2009
Completion Status
Completed
Project Name
The Nimmana Condo
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
350
Sales Prices
฿4.64M - ฿12.5M
Monthly Rentals
฿12K - ฿49.9K
Year Built
Mar 2015
Completion Status
Completed
Project Name
103 Condominium 2
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
120
Sales Prices
฿4.49M
Monthly Rentals
N/A
Year Built
Dec 1987
Completion Status
Completed
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
75
Sales Prices
฿3.9M - ฿9.09M
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Project Name
103 Condominium 3
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
120
Sales Prices
฿8.34M
Monthly Rentals
N/A
Year Built
May 1970
Completion Status
Completed
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
72
Sales Prices
฿4.49M - ฿11M
Monthly Rentals
฿19K
Year Built
Jan 2014
Completion Status
Completed
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
222
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฿3.35M - ฿3.6M
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
62
Sales Prices
฿2.75M - ฿2.9M
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed