3 Bedroom Condo for sale at Chayayon Condo

3 (1 Review)
Suthep, Mueang Chiang Mai,Chiang Mai
Unit ID: U165263
7% Rental Yield
฿3,500,000
3 Bedrooms
2 Bathrooms
89.75 SqM Size
1 Floor
Feb 2014 Completed

About This Condo

This property is a 89.75 SqM condo with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Chayayon Condo project in Suthep, Chiang Mai and was completed in Feb 2014. You can buy this condo for a base price of ฿3,500,000 (฿38,997/SqM) and it is also available for long term rentals starting from ฿20,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 1
Bedrooms 3
Size 89.75 SqM
Price per SqM ฿38,997
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) Park View, City View, Pool View, Blocked 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.
฿2,693/mo
Listed By
Private Owner
Date Listed Jun 17, 2019
Last Updated 2 years ago
Unit ID U165263

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿3,500,000
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.
฿2,693/mo
Rent
฿20,000/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.
15
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

Project Name: Chayayon Condo
Developer: N/A
Construction: Completed (Feb 2014)
Floors: 6
Buildings: N/A
Units: 65
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 0.8 Km
Location: Suthep, Mueang Chiang Mai, Chiang Mai
Chayayon Condo 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
Reception / Lobby Area Reception / Lobby Area

Available Units at Chayayon Condo

For Sale 4 For Rent 1
Get notified when new homes are being added to Chayayon Condo

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Frequently Asked Questions

The common area maintenance fee is ฿30 per square meter based on the size of indoor area of the property and is ฿2,693 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.
Chiang Mai International Airport is the nearest Airport from Chayayon Condo and it is 0.8 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 Chayayon 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

Do you own a property at Chayayon Condo?

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Reviews

3 out of 5 3
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Affordable condo with a big swimming pool !!
3 Ball Tirapat, Thailand, 3 years ago
I rent here for an annual contract, and I've been here for about 5 months. At first, the door was repaired due to a bit broken. I think the staff is helpful, and the service is impressive. Although it is inexpensive, the facilities are complete. Plus, the parking lot is spacious. The condo location is located near the market and in Chiang Mai city. Therefore, it is convenient and easy to travel. The gym equipment is too little. I always use the gym from the outside !!
Chiang Mai
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

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