Hillside 4

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Chang Phueak, Mueang Chiang Mai,Chiang Mai

Unit ID: U151379
5% Rental Yield
฿12,390,000
Bedroom
2 Bedrooms
Bathroom
3 Bathrooms
Indoor Area
180 SqM Size
Floors
12 Floor
Construction
Sep 1998 Completed

2 Bedroom Condo for sale at Hillside 4

This property is a 180 SqM condo with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the Hillside 4 project in Chang Phueak, Chiang Mai and was completed in Sep 1998. You can buy this condo for a base price of ฿12,390,000 (฿68,833/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 12
Bedrooms 2
Size 180 SqM
Price per SqM ฿68,833
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
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Mountain View, City 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.
฿1,900/mo
Listed By
Private Owner
Date Listed Jan 16, 2019
Last Updated 1 month ago
Unit ID U151379

Investment Opportunity: Charges & Yield

Sale Price
฿12,390,000
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.
฿1,900/mo
Est. Rent
฿53,200/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.
19
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 2 bedroom condos at Hillside 4, and the current sales price.
5%

Project Details

Project Name: Hillside 4
Developer: N/A
Construction: Completed (Sep 1998)
Floors: 15
Buildings: N/A
Units: 310
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.5 Km
Location: Chang Phueak, Mueang Chiang Mai, Chiang Mai
Hillside 4 Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Loan Calculator

Frequently asked questions

The common area maintenance fee for properties at Hillside 4 is a fixed amount of ฿1,900. This amount 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.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Hillside 4 and it is 0.5 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 4 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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