1 Bedroom Condo for sale at Play Condominium

(1 Review)
Suthep, Mueang Chiang Mai,Chiang Mai
Unit ID: U1107102
4% Rental Yield
1 Bedroom
1 Bathroom
45 SqM Size
Ground Floor Floor
Apr 2016 Completed

About This Condo

This property is a 45 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Apr 2016. You can buy this condo for a base price of £114,000 (£2,530/SqM).

"One bedroom apartment at The Play Condo, Huay Kaew Road for sale. Price: 4,990,000 baht. Just metres from Nimmanhaemin Road and The Maya this condo is located in one of the best areas in Chiang Mai with entertainment and shopping right on your doorstep, this modern one bedroom, one bathroom condo is well-furnished so just walk in the door, drop your bags and enjoy Chiang Mai. PROPERTY DETAILS:
  • Living area: 45 Sq.M
  • Open-plan living, dining and kitchen
  • Kitchen equipped with fridge freezer, microwave, hob and extractor
  • Bedrooms: 1 with en-suite bathroom
  • Bathrooms: 1
  • Fully furnished
  • Air-Conditioned
The Play Condo enjoys a rooftop saltwater pool, sauna and sundeck to relax along with a city and Doi Suthep view. There is a fitness room and sky lobby as well as reception, car parking, 24-hour security, key-card access along with digital door lock to the condo. To view or request more information, please contact: CHIANG MAI"

Basic Information

Date Listed Jun 20, 2022
Updated N/A
Property Type Condo
Floor Ground Floor
Bedroom 1
Size 45 SqM
Price per SqM £2,530
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%.

N/A
Furniture
N/A
View(s) N/A
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.
£46/mo
Listed By
Broker Network
Electricity Price N/A
Water Price N/A
Unit ID U1107102

Investment Opportunity: Charges & Yield

Sale Price
£114,000
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.
£46/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.
27
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 Play Condominium, and the current sales price.
4%

Project Details

Project Name: Play Condominium
Developer: N/A
Construction: Completed (Apr 2016)
Floors: 6
Buildings: N/A
Units: 65
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.4 Km
Location: Suthep, Chiang Mai
Play Condominium Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Available Units at Play Condominium

For Sale 11 For Rent 3
Get notified when new homes are being added to Play Condominium
View All (11)

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Frequently Asked Questions

No pets are allowed at Play Condominium 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 £46 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 Play Condominium the required payment for the sinking fund is £11 per square meter based on the size of the indoor area of the property.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Play Condominium and it is 0.4 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 Play Condominium 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

Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Perfect condo!
Max Corral, Mexico, 5 years ago
I don't think I can explain how perfect the condo is in one hour because it's equipped with everything you need. The location is in the Nimmanhaemin area, convenient for living. On the opposite side, there is a night market such as Kad Rin Kham Market, Maya shopping mall, and many cute coffee shops. The project has a rooftop swimming pool that might look a bit small but has a good atmosphere. There are comfortable beds and a small bar as well. The bedroom I rented has a large one bedroom that is just perfect for two people. It's modernly decorated. The bed is super soft and comfortable. The furniture is brand new. The view from the room is a beautiful mountain view. Oh, I forgot to tell you that there is a maid service available for 400 baht a day.
Chiang Mai
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Play Condominium

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
152
Sales Prices
£45.4K - £66.2K
Monthly Rentals
£228
Year Built
Nov 2014
Completion Status
Completed
Project Name
Liv@Nimman
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
68
Sales Prices
£107K - £114K
Monthly Rentals
N/A
Year Built
Sep 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
72
Sales Prices
£98.2K - £388K
▼ -31.5% underpriced
Monthly Rentals
£639 - £685
Year Built
Jan 2014
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
78
Sales Prices
£47.9K - £58.2K
▼ -17% underpriced
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
75
Sales Prices
£78.8K - £155K
▼ -22.7% underpriced
Monthly Rentals
£297 - £1.03K
Year Built
Jan 2014
Completion Status
Completed
Project Name
103 Condo Nimman
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
100
Sales Prices
£29.7K - £61.4K
Monthly Rentals
N/A
Year Built
May 1970
Completion Status
Completed
Project Name
Rimnam Mansion
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
£34K
Monthly Rentals
N/A
Year Built
Jan 2021
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
44
Sales Prices
£82K
Monthly Rentals
£571
Year Built
May 2014
Completion Status
Completed
Project Name
The Nimmana Condo
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
350
Sales Prices
£82.2K - £285K
▼ -3.3% underpriced
Monthly Rentals
£411 - £1.14K
Year Built
Mar 2015
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
59
Sales Prices
£32K - £144K
Monthly Rentals
£411
Year Built
Dec 2009
Completion Status
Completed
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