1 Bedroom Condo for sale at Hinoki Condo Chiangmai

 (Write Review)
Chang Phueak, Mueang Chiang Mai,Chiang Mai
Unit ID: U1019992
6% Rental Yield
1 Bedroom
1 Bathroom
45.72 SqM Size
3 Floor
Dec 2017 Completed

About This Condo

This property is a 45.72 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in Dec 2017. You can buy this condo for a base price of £68,700 (£1,500/SqM).

Features

BalconyBalcony TVTV

Basic Information

Date Listed Jul 15, 2022
Updated 2 years ago
Property Type Condo
Floor 3
Bedroom 1
Size 45.72 SqM
Price per SqM £1,500
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

Foreign Quota, Thai Quota, Company
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Mountain View
Unit Type 1BR
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.
£47/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1019992

Investment Opportunity: Charges & Yield

Sale Price
£68,700
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.
£47/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.
18
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 1 bedroom condos at Hinoki Condo Chiangmai, and the current sales price.
6%

Project Details

Project Name: Hinoki Condo Chiangmai
Construction: Completed (Dec 2017)
Floors: 7
Buildings: 2
Units: 45
Project Area: 388 SqM
Nearest Landmark Lanna Golf Course - 1.8 Km
Location: Chang Phueak, Chiang Mai
Hinoki Condo Chiangmai Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Sauna Sauna
Onsen Onsen
Communal Garden Area Communal Garden Area
Key card access Key card access

Popular Facilities at Hinoki Condo Chiangmai

  • Communal Pool
    1st Floor
  • Onsen
    1st Floor
  • Sauna
    1st Floor
  • Communal Gym
    2nd Floor

Available Units at Hinoki Condo Chiangmai

For Sale 11 For Rent 4
Get notified when new homes are being added to Hinoki Condo Chiangmai
View All (11)

Loan Calculator

Payment Plan

Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
£456
1st Installment
Upon contract signing
£2,280
2nd Installment
On handover
100%

Frequently Asked Questions

No pets are allowed at Hinoki Condo Chiangmai 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 £1 per square meter based on the size of indoor area of the property and is £47 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 Hinoki Condo Chiangmai the required payment for the sinking fund is £9 per square meter based on the size of the indoor area of the property.
Lanna Golf Course is the nearest Golf from Hinoki Condo Chiangmai and it is 1.8 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 Hinoki Condo Chiangmai you have to follow these steps:

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

 


Payment Plan
Installment Milestone Payment
Reservation Deposit
Immediately
£456
1st Installment
Upon contract signing
£2,280
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

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Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Hinoki Condo Chiangmai

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
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Monthly Rentals
Year Built
Completion Status
Location
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Number of units
76
Sales Prices
£47.7K - £141K
▼ -24% underpriced
Monthly Rentals
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Year Built
Jun 2009
Completion Status
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Location
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Number of units
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Sales Prices
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▼ -25% underpriced
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Number of units
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Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
£72.7K - £170K
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Monthly Rentals
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Year Built
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Completion Status
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Location
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
Completed
Location
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Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
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