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    1 Bedroom Condo for sale at Punna Residence Oasis 1
    Nong Pa Khrang, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    £66,000 £69,300
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    1 Bedroom Condo for sale at Punna Residence Oasis 1

     (Write Review)
    Nong Pa Khrang, Mueang Chiang Mai,Chiang Mai
    Unit ID: U153667
    6% Rental Yield
    1 Bedroom
    1 Bathroom
    51.21 SqM Size
    8 Floor
    Nov 2015 Completed
     (Write Review)
    Sale Price
    £66,000
    £69,300
    8

    About This Condo

    This property is a 51.21 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Pa Khrang, Chiang Mai and was completed in Nov 2015. You can buy this condo for a base price of £66,000 (£1,290/SqM).

    Features

    BalconyBalcony

    Basic Information

    Date Listed Feb 11, 2019
    Updated 4 years ago
    Property Type Condo
    Floor 8
    Bedroom 1
    Size 51.21 SqM
    Price per SqM £1,290
    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%.

    Company
    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.
    £36/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U153667

    Investment Opportunity: Charges & Yield

    Sale Price
    £66,000
    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.
    £36/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 Punna Residence Oasis 1, and the current sales price.
    6%

    Project Details

    Project Name: Punna Residence Oasis 1
    Developer: Punna Development
    Construction: Completed (Nov 2015)
    Floors: 8
    Buildings: 1
    Units: 152
    Project Area: 3,363 SqM
    Nearest Landmark Central Chiangmai - 1.2 Km
    Location: Nong Pa Khrang, Chiang Mai
    Punna Residence Oasis 1 Project Details

    Project Features

    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area

    Popular Facilities at Punna Residence Oasis 1

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at Punna Residence Oasis 1

    For Sale 15 For Rent 2
    • All
    • Studio
    • 1 Bed
    Updated 2 months ago
    Available Units at Punna Residence Oasis 1
    £71,700
    £1,330/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 54 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Punna Residence Oasis 1
    £91,800
    £1,390/SqM
    Beds 1 Beds
    Baths 2 Baths
    Size 66 SqM Size
    Floor 6 Floor
    Thai Quota Fully Furnished City View
    Available Units at Punna Residence Oasis 1
    £54,400
    £1,210/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 45 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Punna Residence Oasis 1
    £40,500
    £1,230/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 33 SqM Size
    Floor 6 Floor
    Thai Quota Fully Furnished
    Available Units at Punna Residence Oasis 1
    £62,700
    £1,220/SqM
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 51.21 SqM Size
    Floor 2 Floor
    Thai Quota Fully Furnished City View
    Available Units at Punna Residence Oasis 1
    £86,800
    £1,330/SqM
    Beds 1 Beds
    Baths 2 Baths
    Size 65 SqM Size
    Floor 6 Floor
    Thai Quota Fully Furnished Pool View
    Available Units at Punna Residence Oasis 1
    £57,800
    £1,290/SqM
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 45 SqM Size
    Floor 8 Floor
    Thai Quota Partly Furnished Mountain View
    Available Units at Punna Residence Oasis 1
    £67,300
    £1,310/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 51.23 SqM Size
    Floor 4 Floor
    Company Fully Furnished Park View
    Available Units at Punna Residence Oasis 1
    £99,500
    £1,460/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 68 SqM Size
    Floor 6 Floor
    Foreign Quota City View
    Available Units at Punna Residence Oasis 1
    £63,300
    £1,240/SqM
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 51.21 SqM Size
    Floor 3 Floor
    Thai Quota Fully Furnished City View
    Available Units at Punna Residence Oasis 1
    £64,000
    £1,250/SqM
    Great Price
    Beds 1 Beds
    Baths 1 Baths
    Size 51.21 SqM Size
    Floor 4 Floor
    Thai Quota Fully Furnished City View
    Available Units at Punna Residence Oasis 1
    £66,000£69,300
    £1,290/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 51.21 SqM Size
    Floor 8 Floor
    Company Fully Furnished City View
    Available Units at Punna Residence Oasis 1
    £69,300
    £1,300/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 53.50 SqM Size
    Floor 8 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Punna Residence Oasis 1
    £83,800
    £1,290/SqM
    Beds 1 Beds
    Baths 2 Baths
    Size 65.15 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished City View
    Available Units at Punna Residence Oasis 1
    £92,500
    £1,360/SqM
    Beds 1 Beds
    Baths 2 Baths
    Size 68 SqM Size
    Floor 3 Floor
    Foreign Quota Fully Furnished Pool View
    Get notified when new homes are being added to Punna Residence Oasis 1
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    Frequently Asked Questions

    No pets are allowed at Punna Residence Oasis 1 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 £36 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 Punna Residence Oasis 1 the required payment for the sinking fund is £9 per square meter based on the size of the indoor area of the property.
    Central Chiangmai is the nearest Shopping Mall from Punna Residence Oasis 1 and it is 1.2 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 Punna Residence Oasis 1 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
    Nong Pa Khrang

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