1 Bedroom Condo for sale at V Residence

(1 Review)
Chang Phueak, Mueang Chiang Mai,Chiang Mai
Unit ID: U665602
1 Bedroom
1 Bathroom
32.79 SqM Size
1 Floor
Dec 2014 Completed

About This Condo

This property is a 32.79 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 Dec 2014. You can buy this condo for a base price of £50,900 (£1,550/SqM).

Basic Information

Date Listed Feb 23, 2021
Updated 3 years ago
Property Type Condo
Floor 1
Bedroom 1
Size 32.79 SqM
Price per SqM £1,550
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%.

Thai Quota
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Blocked 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.
£27/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U665602

Investment Opportunity: Charges & Yield

Sale Price
£50,900
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.
£27/mo

Project Details

Project Name: V Residence
Developer: N/A
Construction: Completed (Dec 2014)
Floors: 7
Buildings: N/A
Units: 138
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.8 Km
Location: Chang Phueak, Chiang Mai
V Residence Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Available Units at V Residence

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Frequently Asked Questions

No pets are allowed at V Residence 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 £27 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 V Residence the required payment for the sinking fund is £7 per square meter based on the size of the indoor area of the property.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from V Residence 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 V Residence 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

3.8 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The place is clean, but there is not enough parking space.
James Kittichai, Thailand, 4 years ago
The environment here is clean and tidy. The staff is ready to assist and provide good advice. You can rent here on a daily or monthly basis. The food at the restaurant is delicious, but the parking lot, which is quite small, may not be suitable for people who have a car. However, it meets the needs of both family and friends looking for a place to relax or travel at a reasonable price. The surroundings are also not desolate. There are many hotels and apartments to select from. In addition, the hotel is close to Chiang Mai Zoo and Chiang Mai University.
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby V Residence

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
Project Name
The Hill Park
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
120
Sales Prices
£27.5K - £46.3K
▼ -32% underpriced
Monthly Rentals
£231
Year Built
Oct 1998
Completion Status
Completed
Project Name
Punna Residence 5
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
136
Sales Prices
£50.9K - £254K
▼ -24% underpriced
Monthly Rentals
£416 - £671
Year Built
Nov 2009
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
59
Sales Prices
£34.7K - £146K
Monthly Rentals
£347 - £416
Year Built
Dec 2009
Completion Status
Completed
Project Name
Hill Park Condo 2
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
£104K - £127K
▼ -50% underpriced
Monthly Rentals
£208 - £578
Year Built
Dec 1996
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
166
Sales Prices
£57.7K
▼ -32% underpriced
Monthly Rentals
N/A
Year Built
Feb 2014
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
176
Sales Prices
£34.7K - £43.7K
Monthly Rentals
N/A
Year Built
Oct 2009
Completion Status
Completed
Project Name
Baan Hor Kum
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
112
Sales Prices
£50.9K - £197K
▼ -23% underpriced
Monthly Rentals
N/A
Year Built
Dec 1996
Completion Status
Completed
Project Name
Stylish Chiangmai
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
99
Sales Prices
£69.2K - £197K
▼ -16.5% underpriced
Monthly Rentals
£648
Year Built
Dec 2014
Completion Status
Completed
Project Name
Thaweephol Tower
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
168
Sales Prices
£40.5K - £90K
Monthly Rentals
£301 - £370
Year Built
Mar 1998
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
152
Sales Prices
£46K - £67.1K
Monthly Rentals
£231
Year Built
Nov 2014
Completion Status
Completed
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