The Rich Condo

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Nong Hoi, Mueang Chiang Mai,Chiang Mai

Unit ID: U704
฿1,652,500 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
34.50 SqM Size
Floors
1 Floor
Construction
Sep 2015 Completed

About This Condo

This property is a 34.50 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Rich Condo project in Nong Hoi, Chiang Mai and was completed in Sep 2015. You can buy this condo for a base price of ฿1,652,500 (฿47,899/SqM).

Basic Information

Property Type Condo
Floor 1
Bedroom 1
Size 34.50 SqM
Price per SqM ฿47,899
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%.

N/A
Furniture
Unfurnished
View(s) Blocked View
Unit Type 1
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.
฿1,208/mo
Listed By
Developer
Date Listed Nov 3, 2016
Last Updated 3 years ago
Unit ID U704

Price Analysis

Great Price
Estimated market value ฿1,936,957
Great
฿1,450,000
Good
Fair
Above
฿1,950,000
Current asking Price: ฿1,652,500
This condo is ฿284,457 BELOW MARKET (-15%) 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
฿1,652,500
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.
฿1,208/mo

Project Details

Project Name: The Rich Condo
Developer: N/A
Construction: Completed (Sep 2015)
Floors: 7
Buildings: N/A
Units: 72
Project Area: N/A
Nearest Landmark Wiang Kum Kam - 1.2 Km
Location: Nong Hoi, Mueang Chiang Mai, Chiang Mai
The Rich Condo Project Details

Project Features

Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at The Rich Condo

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Available Units at The Rich Condo
฿49,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 2 Floor
Unfurnished
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Available Units at The Rich Condo
฿49,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 2 Floor
Unfurnished
Favorite
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Available Units at The Rich Condo
฿47,899
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 1 Floor
Unfurnished
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Available Units at The Rich Condo
฿51,299
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 4 Floor
Unfurnished
Favorite
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Available Units at The Rich Condo
฿48,899
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 1 Floor
Unfurnished
Favorite
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Available Units at The Rich Condo
฿48,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 2 Floor
Unfurnished
Favorite
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Available Units at The Rich Condo
฿48,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 2 Floor
Unfurnished
Favorite
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Available Units at The Rich Condo
฿48,899
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 1 Floor
Unfurnished
Favorite
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Available Units at The Rich Condo
฿48,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 2 Floor
Unfurnished
Favorite
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Available Units at The Rich Condo
฿47,899
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 1 Floor
Unfurnished
Favorite
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Available Units at The Rich Condo
฿51,299
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 4 Floor
Unfurnished
Favorite
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Available Units at The Rich Condo
฿48,899
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 1 Floor
Unfurnished
Favorite
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Available Units at The Rich Condo
฿47,899
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 1 Floor
Unfurnished
Favorite
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Available Units at The Rich Condo
฿47,899
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 1 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿48,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 2 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿49,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 3 Floor
Unfurnished
Favorite
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Available Units at The Rich Condo
฿50,299
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 3 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿49,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 3 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿49,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 3 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿48,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 2 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿50,299
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 3 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿49,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 3 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿48,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 2 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿49,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 3 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿49,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 2 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿49,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 3 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿48,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 2 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿47,899
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 1 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿50,299
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 3 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿49,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 2 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿47,899
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 1 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿49,599
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 3 Floor
Unfurnished
Favorite
Compare
Available Units at The Rich Condo
฿50,299
Great Price
Beds 1 Beds
Baths 1 Baths
Size 34.50 SqM Size
Floor 3 Floor
Unfurnished
Get notified when new homes are being added to The Rich Condo

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Frequently Asked Questions

The common area maintenance fee is ฿35 per square meter based on the size of indoor area of the property and is ฿1,208 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 The Rich Condo the required payment for the sinking fund is ฿300 per square meter based on the size of the indoor area of the property.
Wiang Kum Kam is the nearest Tourist Attraction from The Rich Condo and it is 1.2 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 The Rich Condo 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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