The Infinite Chiang Mai

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San Phranet, San Sai, Chiang Mai
8% GUARANTEED RETURN FOR 20 YEARS
Nov 2019 Completed
27 Floors
480 Units

Overview of The Infinite Chiang Mai in San Phranet, Chiang Mai

The Infinite Chiang Mai is a condo and apartment project located in San Phranet, Chiang Mai and was completed in Nov 2019. It has 480 units across 27 floors
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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Facilities and Floor Plans

Management

Common Area Management 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/SqM
Sinking Fund :
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 The Infinite Chiang Mai the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
£12/SqM

Frequently Asked Questions

Frequently asked questions about The Infinite Chiang Mai
The common area maintenance fee at The Infinite Chiang Mai is £1 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 The Infinite Chiang Mai the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
The Infinite Chiang Mai offers a guaranteed rental return of 8% (based on the purchase price of the property) for a duration of 20 Years.
Read more here.

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 The Infinite Chiang Mai 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

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Chiang Mai
San Phranet
Neighborhood Overview of San Phranet, Chiang Mai

Neighborhood Overview

Location and Neighborhood

Street View

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