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    2 Bedroom Condo for sale at Hillside 3 Condominium
    Suthep, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    £86,300
    Schedule Viewing

    2 Bedroom Condo for sale at Hillside 3 Condominium

    (1 Review)
    Suthep, Mueang Chiang Mai,Chiang Mai
    Unit ID: U1916208
    6% Rental Yield
    Tenant-Occupied until Oct 1, 2025
    2 Bedrooms
    2 Bathrooms
    88 SqM Size
    3 Floor
    Dec 2009 Completed
    (1 Review)
    Sale Price
    £86,300
    8

    About This Condo

    This property is a 88 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Dec 2009. You can buy this condo for a base price of £86,300 (£980/SqM) and it is also available for long term rentals starting from £466 per month.

    Condo for Sale: Prime Nimman Location 88 SQM.

    88 SQM. with Free Parking | Key Card Access Experience the epitome of modern living in this stunning 2-bedroom, 2-bathroom condo. Enjoy a spacious layout, complete with high-end furnishings and appliances, including:

    • King-sized bed and mattress
    • Ample wardrobe space
    • Elegant dressing table
    • Air conditioning
    • Dining table
    • Smart TV with stand
    • Refrigerator
    • Stylish lighting
    • Kitchen sink
    • Home office desk
    • Microwave and electric stove
    • Water heater

    Prime Location: Located in the heart of Nimman, this condo is within walking distance of:

    • One Nimman
    • Think Park
    • Kad Ton Payom Market
    • Maharaj Nakorn Chiang Mai Hospital
    • Maya Lifestyle Shopping Center
    • Kad Chiang Doi Market
    • Chiang Mai University
    • Rajamangala University of Technology Lanna

    Investment Opportunity: With its prime location near Chiang Mai University and the vibrant Nimman neighborhood, this condo is an ideal investment. Rent to students or short-term travelers through Airbnb and enjoy a steady income stream. 

    • 50/50 split of transfer fees
    • Schedule a viewing today!

    Basic Information

    Date Listed Aug 23, 2024
    Updated 1 month ago
    Property Type Condo
    Floor 3
    Bedrooms 2
    Size 88 SqM
    Price per SqM £980
    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.
    £62/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1916208

    Investment Opportunity: Charges & Yield

    Sale Price
    £86,300
    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.
    £62/mo
    Rent
    £466/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.
    15
    Rental Yield
    This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    6%

    Project Details

    Project Name: Hillside 3 Condominium
    Developer: N/A
    Construction: Completed (Dec 2009)
    Floors: 10
    Buildings: N/A
    Units: 370
    Project Area: N/A
    Nearest Landmark Han Teung Chiang Mai ( @Chiang Mai ) - 0.2 Km
    Location: Suthep, Chiang Mai
    Hillside 3 Condominium Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    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 Hillside 3 Condominium

    For Sale 11 For Rent 7
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Hillside 3 Condominium
    View All (11)

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    Frequently Asked Questions

    No pets are allowed at Hillside 3 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 £62 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.
    Han Teung Chiang Mai ( @Chiang Mai ) is the nearest Neighborhood from Hillside 3 Condominium and it is 0.2 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 Hillside 3 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

    Reviews

    4.3 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Amazing location
    Emma Lee, China, 5 years ago
    This location can be described in a single word: amazing!!! Because it is surrounded by all of the amenities and is easily accessible. There are convenience stores, shops, and famous restaurants nearby. It's not difficult to find something to eat. I didn't expect it to be this comfortable when I first moved here. I only knew it as a well-known area. Unfortunately, the project is an old building. What's more, some equipment deteriorates over time. Residents can access a fitness center, a swimming pool, a garden, and parking. The staff is nice and welcoming. The neighbors are lovely too. I'm no issues with the rented room. The owner renovates a large set, like getting a brand new in the city center. Superb!
    Chiang Mai
    Suthep

    Neighborhood Overview

    Location and Neighborhood

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    Monthly Rentals
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    Location
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    Number of units
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    Sales Prices
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    Monthly Rentals
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    Year Built
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    Completion Status
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