1 Bedroom Condo for sale at The Vidi Condominium

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Chang Phueak, Mueang Chiang Mai,Chiang Mai
Unit ID: U1732716
1 Bedroom
1 Bathroom
49 SqM Size
4 Floor
Oct 2017 Completed

About This Condo

This property is a 49 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 Oct 2017. You can buy this condo for a base price of £88,400 (£1,800/SqM).

Features

Private PoolPrivate Pool Covered ParkingCovered Parking

Basic Information

Date Listed Feb 9, 2024
Updated 8 months ago
Property Type Condo
Floor 4
Bedroom 1
Size 49 SqM
Price per SqM £1,800
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) Mountain 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.
£45/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1732716

Investment Opportunity: Charges & Yield

Sale Price
£88,400
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.
£45/mo

Project Details

Project Name: The Vidi Condominium
Construction: Completed (Oct 2017)
Floors: 7
Buildings: N/A
Units: 98
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.5 Km
Location: Chang Phueak, Chiang Mai
The Vidi Condominium Project Details

Project Features

Hotel Managed Hotel Managed
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

Available Units at The Vidi Condominium

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Frequently Asked Questions

No pets are allowed at The Vidi 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 £45 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 Vidi Condominium the required payment for the sinking fund is £10 per square meter based on the size of the indoor area of the property.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from The Vidi Condominium and it is 0.5 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 Vidi Condominium you have to follow these steps:

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

 


Installment Milestone Payment
Deposit
Immediately
£1,140
1st Installment
Upon contract signing
10%
2nd Installment
30 days after contract signing
40%
3rd Installment
On handover
50%

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 The Vidi Condominium

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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
Project Name
Prime Square
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
76
Sales Prices
£41.1K - £54.6K
▼ -14% underpriced
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Project Name
The 8 Condominium
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
61
Sales Prices
£88.1K - £126K
▼ -19% underpriced
Monthly Rentals
£342
Year Built
Jul 2018
Completion Status
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Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
70
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£55.9K - £62.8K
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Year Built
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Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
587
Sales Prices
£41.1K - £394K
▼ -14.6% underpriced
Monthly Rentals
£297 - £685
Year Built
May 2005
Completion Status
Completed
Project Name
Moda Condo
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
59
Sales Prices
£90.2K - £128K
▼ -24% underpriced
Monthly Rentals
£274 - £913
Year Built
Nov 2015
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
£66K
Monthly Rentals
N/A
Year Built
Jun 2015
Completion Status
Completed
Project Name
Viengping Mansion
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
98
Sales Prices
£29.7K - £571K
▼ -45.5% underpriced
Monthly Rentals
N/A
Year Built
Nov 2012
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
70
Sales Prices
£79.9K
▲ 28% overpriced
Monthly Rentals
£297 - £411
Year Built
Aug 2018
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
£77.6K - £95.9K
▲ 0.7% overpriced
Monthly Rentals
£320
Year Built
Feb 2018
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
£50K - £50.2K
Monthly Rentals
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Year Built
Dec 2013
Completion Status
Completed
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