1 Bedroom Condo for sale at NaTaRa Exclusive Residences

4.83 (1 Review)
Suthep, Mueang Chiang Mai,Chiang Mai
Unit ID: U982878
9% Rental Yield
฿3,900,000 Great Price
1 Bedroom
1.5 Bathrooms
71.57 SqM Size
2 Floor
Dec 2012 Completed

About This Condo

This property is a 71.57 SqM condo with 1 bedroom and 1.5 bathroom that is available for sale. It is part of the NaTaRa Exclusive Residences project in Suthep, Chiang Mai and was completed in Dec 2012. You can buy this condo for a base price of ฿3,900,000 (฿54,492/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave

Basic Information

Property Type Condo
Floor 2
Bedroom 1
Size 71.57 SqM
Price per SqM ฿54,492
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%.

Thai Quota
Furniture
N/A
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.
฿3,579/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 Jun 14, 2021
Last Updated 1 year ago
Unit ID U982878

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿6,067,650
Great
฿3,160,000
Good
Fair
Above
฿7,690,000
Current asking Price: ฿3,900,000 | Rental estimate: ฿27,000/mo
This condo is ฿2,167,650 BELOW MARKET (-36%) 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.
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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.
฿3,579/mo
Est. Rent
฿27,000/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 1 bedroom condos at NaTaRa Exclusive Residences, and the current sales price.
9%

Project Details

Developer: N/A
Construction: Completed (Dec 2012)
Floors: 2
Buildings: N/A
Units: 20
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 1.1 Km
Location: Suthep, Mueang Chiang Mai, Chiang Mai
NaTaRa Exclusive Residences Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Outdoor Kids Zone Outdoor Kids Zone
BBQ Area BBQ Area

Available Units at NaTaRa Exclusive Residences

For Sale 1 For Rent 2
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Available Units at NaTaRa Exclusive Residences
฿54,492
Great Price
Beds 1 Beds
Baths 1 Baths
Size 71.57 SqM Size
Floor 2 Floor
Thai Quota Unblocked Open View
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Available Units at NaTaRa Exclusive Residences
-
Beds 1 Beds
Baths 2 Baths
Size 71 SqM Size
Floor 2 Floor
Fully Furnished Garden View
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Available Units at NaTaRa Exclusive Residences
-
Beds 1 Beds
Baths 2 Baths
Size 71 SqM Size
Floor 2 Floor
Fully Furnished Garden View
Get notified when new homes are being added to NaTaRa Exclusive Residences

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Frequently Asked Questions

No pets are allowed at NaTaRa Exclusive Residences 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 ฿50 per square meter based on the size of indoor area of the property and is ฿3,579 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.
Chiang Mai International Airport is the nearest Airport from NaTaRa Exclusive Residences and it is 1.1 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 NaTaRa Exclusive Residences 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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Reviews

4.8 out of 5 4.83
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
It is a spacious room.
4.8 Jessica Lawrence, United States, 3 years ago
It is a spacious 2-bedroom condo as a single house, making it ideal for a family. It has a quiet atmosphere. The interior is decorated with wooden furniture. The common area is shaded by trees and has various facilities, such as swimming pools, fitness centers, playgrounds, etc. The condo's location is a bit deep, so there aren't many shops or restaurants nearby, but the project provides a tasty on-site restaurant. Oh, I almost forgot that the condo's in proximity to the Chiang Mai Night Safari. When I stayed there, I used to travel with my children.
Chiang Mai
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

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Projects Nearby NaTaRa Exclusive Residences

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
฿19.5M
Monthly Rentals
N/A
Year Built
Jan 2011
Completion Status
Completed
Project Name
Chayayon Condo
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
65
Sales Prices
฿1.36M - ฿3.41M
▼ -36.5% underpriced
Monthly Rentals
฿19.5K
Year Built
Feb 2014
Completion Status
Completed
Project Name
Baan Chayayon
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿5.56M
▼ -8% underpriced
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿2.92M
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
98
Sales Prices
฿32.1M
Monthly Rentals
N/A
Year Built
May 2010
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿2.33M
▼ -28% underpriced
Monthly Rentals
N/A
Year Built
Jan 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
199
Sales Prices
฿3.08M - ฿27.3M
▲ 2.8% overpriced
Monthly Rentals
฿11.7K - ฿34.1K
Year Built
Feb 2017
Completion Status
Completed
Project Name
Siwalee Lakeview
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
179
Sales Prices
฿9.55M - ฿19M
▲ 7.3% overpriced
Monthly Rentals
N/A
Year Built
Feb 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
294
Sales Prices
฿5.36M
▼ -21% underpriced
Monthly Rentals
N/A
Year Built
Jan 2010
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
69
Sales Prices
฿2.53M - ฿6.82M
▲ 5.6% overpriced
Monthly Rentals
฿11.7K - ฿17.5K
Year Built
Dec 2013
Completion Status
Completed
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