1 Bedroom Condo for sale at The Erawan Condo

(1 Review)
Chang Khlan, Mueang Chiang Mai,Chiang Mai
Unit ID: U1158212
1 Bedroom
1 Bathroom
46.09 SqM Size
8 Floor
Dec 2021 Completed

About This Condo

This property is a 46.09 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Chang Khlan, Chiang Mai and was completed in Dec 2021. You can buy this condo for a base price of £131,000 (£2,850/SqM).

Secure a Life of Luxury: 46.09 SqM Condo in Chang Khlan, Chiang Mai

This remarkable condo can be your perfect new home, studio or even investment property! Positioned within the vibrant and sought-after The Erawan Condo project, this superb 46.09 SqM one bedroom one bathroom condo is available for sale. Luxuriously finished to the highest quality, this property is to be found in the widely renowned area of Chang Khlan, Chiang Mai and was completed in December 2021. Presenting unparalleled value, this exceptional property can be yours for a base price of ฿6,655,396 (฿144,400/SqM). Enter into a living space designed to make full use of the available square footage - fitted with modern fixtures and fittings, you needn't compromise on style. Beyond a comfortable open-plan living and dining area, the kitchen seamlessly blends practicality into a stunning room, equipped with integrated appliances for a fuss-free lifestyle. The accommodation is completed by a spacious bedroom and chic bathroom with jetted tub and sleek cabinetry.Access to the area is easy from this superb residence with local transport links, amenities and popular attractions all within close proximity. This is an enviable opportunity to purchase a brand-new condo in a sought-after area. Whether you are a cash buyer or would benefit from a loan, why not enquire to find out how this property can be yours. Don't miss out - act today and you could be the proud owner of this exquisite condo.

Features

BalconyBalcony MicrowaveMicrowave

Basic Information

Date Listed Sep 29, 2022
Updated N/A
Property Type Condo
Floor 8
Bedroom 1
Size 46.09 SqM
Price per SqM £2,850
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
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) Pool 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.
£38/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1158212

Investment Opportunity: Charges & Yield

Sale Price
£131,000
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.
£38/mo

Project Details

Project Name: The Erawan Condo
Construction: Completed (Dec 2021)
Floors: 8
Buildings: 1
Units: 84
Project Area: 1,744 SqM
Nearest Landmark Warorot Market - 0.8 Km
Location: Chang Khlan, Chiang Mai
The Erawan Condo Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Erawan Condo

  • Communal Pool
    2nd Floor
  • Communal Gym
    3rd Floor
  • Reception / Lobby Area
    1st Floor

Available Units at The Erawan Condo

Get notified when new homes are being added to The Erawan Condo
View All (9)

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
£233
1st Installment
Upon contract signing
£2,330
3rd Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
£467
1st Installment
Upon contract signing
£4,670
3rd Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
£700
1st Installment
Upon contract signing
£7,000
3rd Installment
On handover
100%

Frequently Asked Questions

No pets are allowed at The Erawan Condo 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 £38 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 The Erawan Condo the required payment for the sinking fund is £9 per square meter based on the size of the indoor area of the property.
Warorot Market is the nearest Market from The Erawan Condo 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 The Erawan Condo you have to follow these steps:

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

 


Installment Milestone Payment
Reservation Deposit
Immediately
£233
1st Installment
Upon contract signing
£2,330
3rd Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
£467
1st Installment
Upon contract signing
£4,670
3rd Installment
On handover
100%
Installment Milestone Payment
Reservation Deposit
Immediately
£700
1st Installment
Upon contract signing
£7,000
3rd 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

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
Near attractions
Layla T., Australia, 4 years ago
I decided to reserve a 2 bedroom unit in this condo. The interior of my room is elegantly designed. The room space is well proportioned and decorated with excellent furniture. The project facilities include a swimming pool, a fitness center, CCTV, parking, and security. You name it! I think that I will buy it for speculation because the location is excellent. It's located in Chiang Mai city, next to Loi Kroh Road, near Tha Phae Gate, Mae Ping River, Chiang Mai Railway Station, New city market, and other attractions.
Chiang Mai
Chang Khlan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Erawan Condo

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
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
44
Sales Prices
£280K - £630K
▼ -14.7% underpriced
Monthly Rentals
£2.8K
Year Built
Sep 2016
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
220
Sales Prices
£32.4K
▼ -11% underpriced
Monthly Rentals
£210 - £292
Year Built
Jan 1998
Completion Status
Completed
Project Name
Peaks Garden
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
77
Sales Prices
£78.2K - £350K
▼ -30% underpriced
Monthly Rentals
£443 - £630
Year Built
Dec 2006
Completion Status
Completed
Project Name
Twin Peaks
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
£99.2K - £537K
▲ 7% overpriced
Monthly Rentals
£350 - £1.28K
Year Built
Dec 2012
Completion Status
Completed
Project Name
Peaks Avenue
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
28
Sales Prices
£140K - £303K
▼ -23.3% underpriced
Monthly Rentals
£1.17K - £1.63K
Year Built
Dec 2015
Completion Status
Completed
Project Name
The Astra Condo
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
589
Sales Prices
£97.1K - £534K
▼ -18% underpriced
Monthly Rentals
£397 - £817
Year Built
Oct 2017
Completion Status
Completed
Location
Chang Khlan, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
£37.1K - £58.3K
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Supanich Condo
Location
Wat Ket, Mueang Chiang Mai, Chiang Mai
Number of units
40
Sales Prices
£37.1K - £57.2K
Monthly Rentals
£467
Year Built
Dec 2005
Completion Status
Completed
Location
Wat Ket, Mueang Chiang Mai, Chiang Mai
Number of units
37
Sales Prices
£280K
Monthly Rentals
£1.28K
Year Built
Jun 2022
Completion Status
Completed
Location
Wat Ket, Mueang Chiang Mai, Chiang Mai
Number of units
590
Sales Prices
£124K - £128K
Monthly Rentals
£443 - £817
Year Built
Apr 1998
Completion Status
Completed
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