North 8 Condo By Land and Houses Chiangmai

4.92 (1 Review)

Mae Hia, Mueang Chiang Mai,Chiang Mai

Unit ID: U655154
6% Rental Yield
฿2,990,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
35 SqM Size
Floors
4 Floor
Construction
Dec 2013 Completed

1 Bedroom Condo for sale at North 8 Condo By Land and Houses Chiangmai

This property is a 35 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the North 8 Condo By Land and Houses Chiangmai project in Mae Hia, Chiang Mai and was completed in Dec 2013. You can buy this condo for a base price of ฿2,990,000 (฿85,429/SqM).

Nice condo at north8 condo

Nice unit for sale at north8condo , This unit of 35 sqm is sold fully furnished and equipped . Enjoy the calm and a nice lake view . Rare opportunity in chiang Mai

Features

MicrowaveMicrowave

Basic Information

Property Type Condo
Floor 4
Bedroom 1
Size 35 SqM
Price per SqM ฿85,429
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
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) Lake 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.
N/A
Listed By
Private Owner
Date Listed Jan 18, 2021
Last Updated 8 months ago
Unit ID U655154

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿3,587,706
Great
฿3,040,000
Good
Fair
Above
฿3,150,000
Current asking Price: ฿2,990,000 | Rental estimate: ฿13,900/mo
This condo is ฿597,706 BELOW MARKET (-17%) 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
฿2,990,000
Est. Rent
฿13,900/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.
18
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 North 8 Condo By Land and Houses Chiangmai, and the current sales price.
6%

Project Details

Developer: N/A
Construction: Completed (Dec 2013)
Floors: 7
Buildings: N/A
Units: 69
Project Area: 3,042 SqM
Nearest Landmark Chiang Mai International Airport - 2.2 Km
Location: Mae Hia, Mueang Chiang Mai, Chiang Mai
North 8 Condo By Land and Houses Chiangmai Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Tennis Court Tennis Court

Available Units at North 8 Condo By Land and Houses Chiangmai

For Sale 10 For Rent 3
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Available Units at North 8 Condo By Land and Houses Chiangmai
฿76,078
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35.49 SqM Size
Floor 2 Floor
Fully Furnished Garden View
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Available Units at North 8 Condo By Land and Houses Chiangmai
฿73,969
Beds 1 Beds
Baths 1 Baths
Size 35.15 SqM Size
Floor - Floor
Thai Quota Unblocked Open View
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Available Units at North 8 Condo By Land and Houses Chiangmai
฿97,222
Beds 1 Beds
Baths 1 Baths
Size 36 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
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Available Units at North 8 Condo By Land and Houses Chiangmai
-
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 1 Floor
Fully Furnished Park View
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Available Units at North 8 Condo By Land and Houses Chiangmai
฿80,893
Beds 1 Beds
Baths 1 Baths
Size 35.85 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
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Available Units at North 8 Condo By Land and Houses Chiangmai
฿85,429
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Lake View
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Available Units at North 8 Condo By Land and Houses Chiangmai
฿87,500
Beds 1 Beds
Baths 1 Baths
Size 40 SqM Size
Floor 4 Floor
Foreign Quota Fully Furnished Lake View
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Available Units at North 8 Condo By Land and Houses Chiangmai
฿95,799
Beds 2 Beds
Baths 2 Baths
Size 73.07 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
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Available Units at North 8 Condo By Land and Houses Chiangmai
฿81,736
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35.48 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Garden View
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Available Units at North 8 Condo By Land and Houses Chiangmai
฿77,165
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.99 SqM Size
Floor 5 Floor
Thai Quota Partly Furnished Garden View
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Available Units at North 8 Condo By Land and Houses Chiangmai
฿107,934
Beds 1 Beds
Baths 1 Baths
Size 35.67 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished River or Canal View
Get notified when new homes are being added to North 8 Condo By Land and Houses Chiangmai

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Frequently asked questions

No pets are allowed at North 8 Condo By Land and Houses Chiangmai unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chiang Mai International Airport is the nearest Airport from North 8 Condo By Land and Houses Chiangmai and it is 2.2 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 North 8 Condo By Land and Houses Chiangmai 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

4.9 out of 5 4.92
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Very nice location and scenery of Chiangmai close to airport
4.9 Verified Former Resident, 1 year ago
I used to lived in serene lake for about 6 years there are so many restaurant near maehia now these days such as the goodview and also its close to Big c and ripping also if u take the underground tunnel outer ring u can quickly arrive at central festival.

Chiang Mai

Mae Hia

Neighborhood Overview

Location and Neighborhood

Street View

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