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    1 Bedroom Condo for sale at Ruankam Tower Condominium
    Suthep, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    £45,300
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    1 Bedroom Condo for sale at Ruankam Tower Condominium

     (Write Review)
    Suthep, Mueang Chiang Mai,Chiang Mai
    Unit ID: U2001831
    9% Rental Yield
    1 Bedroom
    1 Bathroom
    30 SqM Size
    3 Floor
    Jan 2012 Completed
     (Write Review)
    Sale Price
    £45,300
    10

    About This Condo

    This property is a 30 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 Jan 2012. You can buy this condo for a base price of £45,300 (£1,510/SqM).

    Live the Nimman Lifestyle - Stylish 1-Bedroom Condo for Sale

    Experience the vibrant Nimman lifestyle in this stylish 1-bedroom condo, perfectly located just off Nimman Road. Priced at only 1.89 million baht, this 30 sq m unit offers exceptional value for both personal living and investment. Key Features:
    • Unbeatable Location: Enjoy the convenience of living just 1 minute from Nimman Road, with its trendy cafes, restaurants, bars, and shops.
    • Comfortable Living Space: This well-designed 30 sq m condo features a comfortable bedroom, a modern bathroom, a combined living room and kitchen area, and a separate laundry room for added convenience.
    • Fully Furnished and Move-In Ready: The condo comes fully furnished with modern appliances, including a 55-inch Smart TV, air conditioning, a refrigerator, a microwave, a washing machine, a water heater, and an electric stove with an exhaust fan.
    • Stay Connected: Enjoy unlimited high-speed internet for the first year!
    • Peace of Mind: The building is well-maintained, secure, and primarily occupied by quiet, mature residents. Ample parking is also available.
    Conveniently Located Near:
    • Recreation: Just a 3-minute stroll to a nearby health park for exercise and relaxation.
    • Shopping and Education: Within 5 minutes, you'll find Nimman One Shopping Mall, Ton Payom Market (for fresh local produce), Maya Lifestyle Shopping Center, and Chiang Mai University.
    • Healthcare: Suan Dok Hospital is just an 8-minute drive away.
    Investment Highlights: (If applicable)
    • High Rental Demand: The prime Nimman location makes this condo highly desirable for renters, ensuring a strong return on your investment.
    • Excellent Rental Yield Potential
    Don't miss this fantastic opportunity! Contact us today to schedule a viewing.  

    Features

    Covered ParkingCovered Parking

    Basic Information

    Date Listed Jan 23, 2025
    Updated 2 days ago
    Property Type Condo
    Floor 3
    Bedroom 1
    Size 30 SqM
    Price per SqM £1,510
    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
    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, Unblocked Open 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
    Electricity Price N/A
    Water Price N/A
    Unit ID U2001831

    Investment Opportunity: Charges & Yield

    Sale Price
    £45,300
    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.
    11
    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 Ruankam Tower Condominium, and the current sales price.
    9%

    Project Details

    Project Name: Ruankam Tower Condominium
    Developer: N/A
    Construction: Completed (Jan 2012)
    Floors: 8
    Buildings: N/A
    Units: 150
    Project Area: N/A
    Nearest Landmark Maya Lifestyle Shopping Center - 0.8 Km
    Location: Suthep, Chiang Mai
    Ruankam Tower Condominium Project Details

    Project Features

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

    Available Units at Ruankam Tower Condominium

    For Sale 4 For Rent 2
    • All
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Ruankam Tower Condominium
    View All (4)

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    Frequently Asked Questions

    No pets are allowed at Ruankam Tower Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
    Maya Lifestyle Shopping Center is the nearest Shopping Mall from Ruankam Tower Condominium and it is 0.8 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 Ruankam Tower 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

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    Chiang Mai
    Suthep

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