Studio Condo for sale at Hillside Plaza & Condotel 4

4.17 (1 Review)
Chang Phueak, Mueang Chiang Mai,Chiang Mai
Unit ID: U41457
6% Rental Yield
฿2,807,700 Great Price
Studio Bedroom
1 Bathroom
57.30 SqM Size
3 Floor
May 2005 Completed

About This Condo

This property is a 57.30 SqM studio condo with 1 bathroom that is available for sale. It is part of the Hillside Plaza & Condotel 4 project in Chang Phueak, Chiang Mai and was completed in May 2005. You can buy this condo for a base price of ฿2,807,700 (฿49,000/SqM).

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 3
Bedroom Studio
Size 57.30 SqM
Price per SqM ฿49,000
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%.

Foreign Quota, 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) City 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.
฿1,433/mo
Listed By
Developer
Date Listed Nov 27, 2017
Last Updated 3 years ago
Unit ID U41457

Price Analysis

Great Price
Estimated market value ฿4,611,776
Great
฿3,650,000
Good
Fair
Above
฿5,970,000
Current asking Price: ฿2,807,700 | Rental estimate: ฿13,400/mo
This condo is ฿1,804,076 BELOW MARKET (-39%) 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
฿2,807,700
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.
฿1,433/mo
Est. Rent
฿13,400/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
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 studio condos at Hillside Plaza & Condotel 4, and the current sales price.
6%

Project Details

Developer: N/A
Construction: Completed (May 2005)
Floors: 15
Buildings: 1
Units: 587
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.4 Km
Location: Chang Phueak, Mueang Chiang Mai, Chiang Mai
Hillside Plaza & Condotel 4 Project Details

Project Features

Hotel Managed Hotel Managed
On Site Restaurant On Site Restaurant
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 Hillside Plaza & Condotel 4

For Sale 22 For Rent 3
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Beds 3 Beds
Baths 3 Baths
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฿55,000
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Beds 2 Beds
Baths 2 Baths
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Available Units at Hillside Plaza & Condotel 4
฿55,000
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Beds 2 Beds
Baths 2 Baths
Size 125.40 SqM Size
Floor 9 Floor
Foreign Quota Fully Furnished City View
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Available Units at Hillside Plaza & Condotel 4
฿49,000
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Beds Studio Beds
Baths 1 Baths
Size 57.30 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
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Available Units at Hillside Plaza & Condotel 4
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Baths 1 Baths
Size 45 SqM Size
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Available Units at Hillside Plaza & Condotel 4
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Available Units at Hillside Plaza & Condotel 4
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Beds 2 Beds
Baths 2 Baths
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Foreign Quota Fully Furnished City View
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Available Units at Hillside Plaza & Condotel 4
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Foreign Quota Fully Furnished Unblocked Open View
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Available Units at Hillside Plaza & Condotel 4
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Beds 3 Beds
Baths 3 Baths
Size 205.90 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished City View
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Available Units at Hillside Plaza & Condotel 4
฿52,000
Good Price
Beds 3 Beds
Baths 3 Baths
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Floor 6 Floor
Foreign Quota Fully Furnished City View
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Available Units at Hillside Plaza & Condotel 4
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Good Price
Beds 3 Beds
Baths 3 Baths
Size 331.60 SqM Size
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Get notified when new homes are being added to Hillside Plaza & Condotel 4

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Frequently Asked Questions

No pets are allowed at Hillside Plaza & Condotel 4 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 ฿25 per square meter based on the size of indoor area of the property and is ฿1,433 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.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Hillside Plaza & Condotel 4 and it is 0.4 km away.
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 4.17
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Condo in the heart of Chiang Mai City
4.2 Solya smith, United States, 4 years ago
This condo is located in Chiang Mai downtown. It's conveniently close to all amenities, including markets, restaurants, schools, hospitals, and famous tourist attractions. The great location made me decide to rent the room here. It is a 45 square meters studio room designed in a modern style. The room is quite spacious and suitable for me to stay alone, fully-fitted with furniture, a refrigerator, cooking utensils and home appliances. The facilities in the project are complete. It has an excellent management system, a reception, internet access, parking spaces, and 24-hour security guards. For me, I am very satisfied staying here
Chiang Mai
Chang Phueak

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Year Built
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Location
Number of units
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Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
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▲ 7% overpriced
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▲ 29% overpriced
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N/A
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N/A
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