Glory Boutique Suites

4.75 (2 Reviews)

Si Phum, Mueang Chiang Mai,Chiang Mai

Unit ID: U285895
6% GUAR. RETURN FOR 5 YEARS
฿3,305,344 ฿3,531,892 Great Price
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
38.08 SqM Size
Floors
3 Floor
Construction
Apr 2020 Completed

Studio Condo for sale at Glory Boutique Suites

This property is a 38.08 SqM studio condo with 1 bathroom that is available for sale. It is part of the Glory Boutique Suites project in Si Phum, Chiang Mai and was completed in Apr 2020. You can buy this condo for a base price of ฿3,305,344 (฿86,800/SqM).

Features

BalconyBalcony BathtubBathtub

Basic Information

Property Type Condo
Floor 3
Bedroom Studio
Size 38.08 SqM
Price per SqM ฿86,800
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, Company
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 STU
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.
฿1,904/mo
Listed By
Developer
Date Listed Feb 4, 2020
Last Updated 2 months ago
Unit ID U285895

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿3,922,635
Great
฿3,870,000
Good
Fair
Above
฿3,970,000
Current asking Price: ฿3,305,344
This condo is ฿617,291 BELOW MARKET (-16%) 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.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿3,305,344
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.
฿1,904/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.
17
Guaranteed Rental Return
6%
Guarantee Duration
5 Years

Project Details

Project Name: Glory Boutique Suites
Developer: CN SURE CO.,LTD
Construction: Completed (Apr 2020)
Floors: 5
Buildings: 1
Units: 44
Project Area: 954 SqM
Nearest Landmark Chiang Mai City Arts & Cultural Center - 1.1 Km
Location: Si Phum, Mueang Chiang Mai, Chiang Mai
Glory Boutique Suites Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at Glory Boutique Suites

  • Reception / Lobby Area
    Ground Floor
  • On Site Restaurant
    Rooftop
  • Communal Pool
    Rooftop

Available Units at Glory Boutique Suites

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Available Units at Glory Boutique Suites
฿87,600
Great Price
Beds Studio Beds
Baths 1 Baths
Size 38.34 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
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Available Units at Glory Boutique Suites
฿90,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 61.89 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Mountain View
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Available Units at Glory Boutique Suites
฿86,800
Great Price
Beds Studio Beds
Baths 1 Baths
Size 37.74 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Mountain View
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Available Units at Glory Boutique Suites
฿87,600
Great Price
Beds Studio Beds
Baths 1 Baths
Size 35.73 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Mountain View
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Available Units at Glory Boutique Suites
฿88,387
Good Price
Beds 1 Beds
Baths 1 Baths
Size 66.16 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
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Available Units at Glory Boutique Suites
฿86,500
Great Price
Beds Studio Beds
Baths 1 Baths
Size 38.34 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished City View
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Available Units at Glory Boutique Suites
฿85,500
Great Price
Beds Studio Beds
Baths 1 Baths
Size 29.89 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Mountain View
Favorite
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Available Units at Glory Boutique Suites
฿85,000
Great Price
Beds Studio Beds
Baths 1 Baths
Size 38.51 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Glory Boutique Suites
฿87,600
Great Price
Beds Studio Beds
Baths 1 Baths
Size 38.35 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Glory Boutique Suites
฿88,800
Great Price
Beds Studio Beds
Baths 1 Baths
Size 37.74 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Mountain View
Favorite
Compare
Available Units at Glory Boutique Suites
฿86,800
Great Price
Beds Studio Beds
Baths 1 Baths
Size 35.73 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Mountain View
Favorite
Compare
Available Units at Glory Boutique Suites
฿85,500
Great Price
Beds Studio Beds
Baths 1 Baths
Size 29.77 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Mountain View
Favorite
Compare
Available Units at Glory Boutique Suites
฿85,000
Great Price
Beds Studio Beds
Baths 1 Baths
Size 43.97 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished City View
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Available Units at Glory Boutique Suites
฿86,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 47.29 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished Mountain View
Favorite
Compare
Available Units at Glory Boutique Suites
฿85,000
Great Price
Beds Studio Beds
Baths 1 Baths
Size 38.35 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Glory Boutique Suites
฿100,661
Beds Studio Beds
Baths 1 Baths
Size 31 SqM Size
Floor 2 Floor
Foreign Quota Fully Furnished Mountain View
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Available Units at Glory Boutique Suites
฿85,800
Great Price
Beds Studio Beds
Baths 1 Baths
Size 44.26 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Glory Boutique Suites
฿85,800
Great Price
Beds Studio Beds
Baths 1 Baths
Size 38.22 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Glory Boutique Suites
฿85,000
Great Price
Beds Studio Beds
Baths 1 Baths
Size 38.22 SqM Size
Floor 2 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Glory Boutique Suites
฿86,800
Great Price
Beds Studio Beds
Baths 1 Baths
Size 38.08 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Mountain View
Favorite
Compare
Available Units at Glory Boutique Suites
฿86,788
Great Price
Beds 1 Beds
Baths 1 Baths
Size 24 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Favorite
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Available Units at Glory Boutique Suites
฿88,400
Great Price
Beds 1 Beds
Baths 1 Baths
Size 61.89 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Mountain View
Favorite
Compare
Available Units at Glory Boutique Suites
฿87,600
Great Price
Beds Studio Beds
Baths 1 Baths
Size 37.74 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished Mountain View
Favorite
Compare
Available Units at Glory Boutique Suites
฿88,800
Great Price
Beds Studio Beds
Baths 1 Baths
Size 43.88 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Mountain View
Favorite
Compare
Available Units at Glory Boutique Suites
฿85,800
Great Price
Beds Studio Beds
Baths 1 Baths
Size 38.51 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Glory Boutique Suites
฿86,500
Great Price
Beds Studio Beds
Baths 1 Baths
Size 38.35 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Glory Boutique Suites
฿86,500
Great Price
Beds Studio Beds
Baths 1 Baths
Size 38.51 SqM Size
Floor 4 Floor
Thai Quota Fully Furnished City View
Favorite
Compare
Available Units at Glory Boutique Suites
฿86,800
Great Price
Beds Studio Beds
Baths 1 Baths
Size 43.88 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished Mountain View
Favorite
Compare
Available Units at Glory Boutique Suites
฿85,800
Great Price
Beds Studio Beds
Baths 1 Baths
Size 38.34 SqM Size
Floor 3 Floor
Thai Quota Fully Furnished City View
Get notified when new homes are being added to Glory Boutique Suites

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿50,000
2nd Installment
On handover
100%

Frequently asked questions

No pets are allowed at Glory Boutique Suites 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 ฿1,904 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 Glory Boutique Suites the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Glory Boutique Suites offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.
Chiang Mai City Arts & Cultural Center is the nearest Tourist Attraction from Glory Boutique Suites and it is 1.1 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 Glory Boutique Suites you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿50,000
2nd Installment
On handover
100%

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 Glory Boutique Suites?

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Reviews

4.8 out of 5 4.75
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The ideal place to unwind
4.5 Tien T., China, 2 months ago
The atmosphere here is ideal for unwinding. Although this place is quite far from Chiang Mai city a bit, it's well worth it for people who love luxurious clean, beautiful places. Each unit has a modern interior design, high-speed Wifi, and a bathtub. The service was excellent. There is housekeeping cleaning the room every day. Inside the project, there is also a rooftop restaurant that offers a stunning view. You can grab a taxi to many attractions in Chiang Mai from here, and it takes less than 10 minutes to reach the airport.
Awesome place, very beautiful
5 Wooyoung Bae, South Korea, 1 year ago
Awesome place in a colonial-style. Good service staff, with a very professional manner. I'm very impressed! A soft bed gives me a very comfortable sleep. Plus, the marble decoration makes the room look modern. Fast Wi-Fi. Ideal location near Chang Phuak Gate and Chang Phuak market - finding food won't be difficult!

Chiang Mai

Si Phum

Neighborhood Overview

Location and Neighborhood

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Projects Nearby Glory Boutique Suites

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Year Built
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Location
Mueang Chiang Mai, Chiang Mai, Thailand
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▼ -2.8% underpriced
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Number of units
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Number of units
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Monthly Rentals
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Completed
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Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
96
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▼ -23% underpriced
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▲ 16.7% overpriced
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