Night Bazaar Condotel

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Chang Khlan, Mueang Chiang Mai,Chiang Mai

Unit ID: U646818
8% Rental Yield
฿1,600,000
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
38 SqM Size
Floors
6 Floor
Construction
Jan 1998 Completed

Studio Condo for sale at Night Bazaar Condotel

This property is a 38 SqM studio condo with 1 bathroom that is available for sale. It is part of the Night Bazaar Condotel project in Chang Khlan, Chiang Mai and was completed in Jan 1998. You can buy this condo for a base price of ฿1,600,000 (฿42,105/SqM).

Nice Condo in Night Bazaar

Condo for sale in foreign quota at Night Bazaar. This condo of 38 sqm is fully renovated and furnished. Located in downtown Chiang Mai,2 minutes from the Meridien hotel ,5 minutes from the night bazaar at walking distance and 10 minutes to Thapae-gate. Top Location in the heart of Chiang Mai, easy access to all restaurants and cafes. This condo at only 1.600,000 bath is on the 6-floor facing north.

Features

BalconyBalcony Fully RenovatedFully Renovated

Basic Information

Property Type Condo
Floor 6
Bedroom Studio
Size 38 SqM
Price per SqM ฿42,105
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
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 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 Dec 15, 2020
Last Updated 9 months ago
Unit ID U646818

3D Walkthrough

Investment Opportunity: Charges & Yield

Sale Price
฿1,600,000
Est. Rent
฿11,100/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.
12
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 Night Bazaar Condotel, and the current sales price.
8%

Project Details

Project Name: Night Bazaar Condotel
Developer: N/A
Construction: Completed (Jan 1998)
Floors: 12
Buildings: N/A
Units: 220
Project Area: N/A
Nearest Landmark Warorot Market - 0.5 Km
Location: Chang Khlan, Mueang Chiang Mai, Chiang Mai
Night Bazaar Condotel Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Night Bazaar Condotel

For Sale 3 For Rent 1
Get notified when new homes are being added to Night Bazaar Condotel

Loan Calculator

Frequently asked questions

No pets are allowed at Night Bazaar Condotel unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Warorot Market is the nearest Market from Night Bazaar Condotel 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 Night Bazaar Condotel 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

Chang Khlan

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