Peaks Avenue

4.22 (6 Reviews)

Chang Khlan, Mueang Chiang Mai,Chiang Mai

Unit ID: U194
฿13,000,000 ฿13,424,425 Great Price
Bedroom
2 Bedrooms
Bathroom
2 Bathrooms
Indoor Area
123.20 SqM Size
Floors
4 Floor
Construction
Dec 2015 Completed

2 Bedroom Condo for sale at Peaks Avenue

This property is a 123.20 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the Peaks Avenue project in Chang Khlan, Chiang Mai and was completed in Dec 2015. You can buy this condo for a base price of ฿13,000,000 (฿105,519/SqM).

Features

DuplexDuplex BalconyBalcony

Basic Information

Property Type Condo
Floor 4
Bedrooms 2
Size 123.20 SqM
Price per SqM ฿105,519
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
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 2Dplx
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.
฿6,160/mo
Listed By
Developer
Date Listed Nov 3, 2016
Last Updated 1 year ago
Unit ID U194

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿14,408,603
Great
฿7,880,000
Good
Fair
Above
฿8,250,000
Current asking Price: ฿13,000,000
This condo is ฿1,408,603 BELOW MARKET (-10%) 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
฿13,000,000
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.
฿6,160/mo

Project Details

Project Name: Peaks Avenue
Construction: Completed (Dec 2015)
Floors: 8
Buildings: 1
Units: 28
Project Area: 1,600 SqM
Nearest Landmark Warorot Market - 1.2 Km
Location: Chang Khlan, Mueang Chiang Mai, Chiang Mai
Peaks Avenue Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Available Units at Peaks Avenue

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฿109,756
Beds 2 Beds
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Size 123 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
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฿105,195
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Beds 2 Beds
Baths 2 Baths
Size 123.58 SqM Size
Floor 4 Floor
Unfurnished Mountain View
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฿111,669
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Beds 1 Beds
Baths 1 Baths
Size 71.64 SqM Size
Floor 2 Floor
Unfurnished City View
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Available Units at Peaks Avenue
฿105,519
Great Price
Beds 2 Beds
Baths 2 Baths
Size 123.20 SqM Size
Floor 4 Floor
Fully Furnished Mountain View
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Available Units at Peaks Avenue
฿124,883
Good Price
Beds 1 Beds
Baths 1 Baths
Size 64.06 SqM Size
Floor 6 Floor
Unfurnished City View
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Available Units at Peaks Avenue
฿111,540
Great Price
Beds 2 Beds
Baths 2 Baths
Size 116.55 SqM Size
Floor 6 Floor
Fully Furnished City View
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Available Units at Peaks Avenue
฿131,148
Beds 1 Beds
Baths 1 Baths
Size 61 SqM Size
Floor 2 Floor
Fully Furnished Garden View
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Available Units at Peaks Avenue
฿111,569
Great Price
Beds 2 Beds
Baths 2 Baths
Size 116.52 SqM Size
Floor 4 Floor
Fully Furnished City View
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Frequently asked questions

No pets are allowed at Peaks Avenue 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 ฿50 per square meter based on the size of indoor area of the property and is ฿6,160 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 Peaks Avenue the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Warorot Market is the nearest Market from Peaks Avenue 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 Peaks Avenue 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

4.2 out of 5 4.22
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Although it is a small condo, it is luxurious and expensive
3.7 Jacob Vestine, Denmark, 1 year ago
This condo is near Night Bazaar Market, colorful at night, and there are many temples in the neighborhood. You will like it for sure because it is very safe and not as crowded as Bangkok. Plus, the prices of various things are not expensive at all. However, I choose to stay at a condo here because it's easy to travel. Moreover, the project site provides a full range of facilities, and there is a service in the hotel-management, so the service is very good. Furthermore, there is a swimming pool, a sauna, and a fitness room. Although the price is expensive, it is worth the price !!
Clean rooms and quality, suitable for the price
4 Domenica Cosgrove, Canada, 1 year ago
It's a pleasant and memorable stay. My friends and I stayed here last month. It is a very luxurious condo with beautiful room decor. There is also a complete range of facilities. The prices are also reasonable. The rooftop pool is crystal clear water and a seating and relaxation area. However, it is quite hot during the day. I recommend having a seat in the afternoon or evening would be better. The project location is convenient to travel to and close to Chiang Mai City. I love this place as we can relax privately and it is not crowded.
Modern condo in Chiang Mai
4 Tanya K., Thailand, 2 years ago
Excellent modern condo located within walking distance of Chiang Mai night market and only 25 minutes drive from the city center. The project has a rooftop swimming pool, recreation area, 24-hour security system with electronic access control systems. It has very safe standards as well. I rented this condo for several weeks, 1 bedroom size, which is the perfect size for being alone.
A great condo not far from the city
4.3 Lisa Boucher, France, 2 years ago
It was the right decision to buy it here. My room is 2-bedroom with modern decoration but simple. As my room is a duplex, the first floor is a living area with a high ceiling to make the entire space airy and magnificent. The second floor has bedrooms. I think the room layout is well divided. Conveniently located not far from the city, and only 10 minutes drive to the old city moat.
Luxury condo, near tourist attraction
4.8 Anuwat K., Thailand, 2 years ago
Peaks Avenue is a luxury condo in Chiang Mai city center. Located in a very convenient location, the project is close to tourist attractions such as Tha Phae Gate and Wualai Walking Street. The project focuses on modernity and luxury. A one-bedroom duplex has a unique layout and complete functions, decorated with furniture from a leading brand. In the project, there are also many facilities such as a reception, a swimming pool, a jacuzzi, and parking space, etc. The price here is a bit high compared to other projects.
Stylish condo
4.5 Janny Low, Singapore, 3 years ago
I reviewed the project yesterday, and I love it. The condo is stylish, simple, and elegant, so I decided to reserve it. It can be a bit pricy but understandable for many reasons. The property only has a small number of the unit. The unit I booked is a 2-bedroom type at 120 sq.m. You can see the mountains in the distance from every room, suitable for relaxation. I love that it makes me feel safe, like living in a house; it's also peaceful and private, not like other condos. The decoration materials are luxurious with high quality; the built-in kitchen is nice as well. The common area is luxurious, with the receptionist welcoming the residents. Most of the facilities occupy the entire rooftop, including a pool, a gym, a sauna, a garden with a mountain view. Feel like traveling to Japan, love it! From the project, I can walk to Tha Pea Gate and nearby attractions in about 20 minutes.

Chiang Mai

Chang Khlan

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