Palm Springs Nimman Phoenix

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Suthep, Mueang Chiang Mai,Chiang Mai

Unit ID: U179719
7% Rental Yield
฿7,500,000
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
70.25 SqM Size
Floors
7 Floor
Construction
Aug 2018 Completed

2 Bedroom Condo for sale at Palm Springs Nimman Phoenix

This property is a 70.25 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Palm Springs Nimman Phoenix project in Suthep, Chiang Mai and was completed in Aug 2018. You can buy this condo for a base price of ฿7,500,000 (฿106,762/SqM) and it is also available for long term rentals starting from ฿45,000 per month.

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 7
Bedrooms 2
Size 70.25 SqM
Price per SqM ฿106,762
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
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
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 Sep 25, 2019
Last Updated 1 year ago
Unit ID U179719

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿7,500,000
Rent
฿45,000/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.
14
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Construction: Completed (Aug 2018)
Floors: 8
Buildings: 1
Units: 70
Project Area: 1,486 SqM
Nearest Landmark Maya Lifestyle Shopping Center - 0.5 Km
Location: Suthep, Mueang Chiang Mai, Chiang Mai
Palm Springs Nimman Phoenix Project Details

Project Features

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

Popular Facilities at Palm Springs Nimman Phoenix

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor

Available Units at Palm Springs Nimman Phoenix

For Sale 2 For Rent 4
Get notified when new homes are being added to Palm Springs Nimman Phoenix

Loan Calculator

Frequently asked questions

No pets are allowed at Palm Springs Nimman Phoenix unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Palm Springs Nimman Phoenix 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 Palm Springs Nimman Phoenix 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

Suthep

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