Natura Green Residence

4.63 (2 Reviews)

Chang Phueak, Mueang Chiang Mai,Chiang Mai

Unit ID: U619676
6% Rental Yield
฿4,880,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
48.80 SqM Size
Floors
4 Floor
Construction
Dec 2019 Completed

1 Bedroom Condo for sale at Natura Green Residence

This property is a 48.80 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Natura Green Residence project in Chang Phueak, Chiang Mai and was completed in Dec 2019. You can buy this condo for a base price of ฿4,880,000 (฿100,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 4
Bedroom 1
Size 48.80 SqM
Price per SqM ฿100,000
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) Mountain View, Garden View
Unit Type 1BR
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.
฿2,684/mo
Listed By
Developer
Date Listed Jun 10, 2020
Last Updated 2 months ago
Unit ID U619676

3D Walkthrough

Price Analysis

Good Price
Estimated market value ฿4,981,136
Great
฿4,120,000
Good
Fair
Above
฿4,270,000
Current asking Price: ฿4,880,000 | Rental estimate: ฿26,200/mo
This condo is ฿101,136 BELOW MARKET (-2%) 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
฿4,880,000
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.
฿2,684/mo
Est. Rent
฿26,200/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.
16
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 Natura Green Residence, and the current sales price.
6%

Project Details

Project Name: Natura Green Residence
Construction: Completed (Dec 2019)
Floors: 4
Buildings: 5
Units: 92
Project Area: 23,580 SqM
Nearest Landmark Maya Lifestyle Shopping Center - 2.6 Km
Location: Chang Phueak, Mueang Chiang Mai, Chiang Mai
Natura Green Residence Project Details

Project Features

On Site Restaurant On Site Restaurant
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at Natura Green Residence

  • Communal Gym
    Ground Floor

Available Units at Natura Green Residence

For Sale 9 For Rent 1
Get notified when new homes are being added to Natura Green Residence

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
Down Payment
Upon contract signing
฿200,000
1st Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
Down Payment
Upon contract signing
฿500,000
1st Installment
On handover
100%

Frequently asked questions

No pets are allowed at Natura Green Residence 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 ฿55 per square meter based on the size of indoor area of the property and is ฿2,684 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.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At Natura Green Residence the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Natura Green Residence and it is 2.6 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 Natura Green Residence you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
Down Payment
Upon contract signing
฿200,000
1st Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
Down Payment
Upon contract signing
฿500,000
1st Installment
On handover
100%

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

4.6 out of 5 4.63
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Natura Green Residence Visit Review
4.9 Verified Visitor, 6 months ago
This project is "UNIQUE". You can tell from the location. You are next to Doi Suthep with garden and mountain view from your room. It is very different from the typical condominium. It is located at the footstep of Doi Suthep, away from the noisy street, however, it is only 10 minutes from Nimmarn Road. The finishing and the construction materials are different. They used floor tile and have a soundproof block between each of the room to make sure that you have your privacy undisturbed at night. The condo is ready to move in. The price includes all the built-in and some electrical appliances so you don't need to waste your time decorating and buying stuff. Plus, the staff here is super friendly and eager to help you as much as possible.
So specification !! Want to have a residence, a luxury condo, not high, good atmosphere, near Chiang Mai city.
4.3 Kathy K., Thailand, 1 year ago
I have worked as a nurse in Chiang Mai. So, I wanted to buy a small condo near the city. Then I found this condo which is exactly what I wanted. This condo is a new one as it was completed not many years ago. They provide a wide range of facilities like a large swimming pool, large park, and fully-equipped gym. However, I found the gym is pretty crowded in the morning, so I have to go there in the morning before working instead. The location is great, so it’s easy to get around the city. It takes only a few mins driving to Maya Lifestyle Shopping Center and Centralplaza Chiangmai Airport. This place is suitable for me to stay alone as my room is a 40 sq.m. one-bedroom as the room is not large. Still, it’s worth it, compared to the same size in Phuket, which is so pricey. In the future, when I move back to Phuket, I can sell or rent out.

Chiang Mai

Chang Phueak

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