2 Bedroom Condo for sale at Parano Condo @ Chiangmai

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Tha Sala, Mueang Chiang Mai,Chiang Mai
Unit ID: U1837616
5% Rental Yield
Tenant-Occupied until Jul 31, 2025
2 Bedrooms
2 Bathrooms
65.23 SqM Size
8 Floor
Nov 2015 Completed

About This Condo

This property is a 65.23 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Tha Sala, Chiang Mai and was completed in Nov 2015. You can buy this condo for a base price of £91,700 (£1,410/SqM) and it is also available for long term rentals starting from £344 per month.

2bedrooms 2bathrooms, living room and kitchen

3 A/C, washing machine, refrigerator and microwave

Features

Private GymPrivate Gym Pool AccessPool Access Garden AccessGarden Access BalconyBalcony Washing MachineWashing Machine

Basic Information

Date Listed May 16, 2024
Updated 4 months ago
Property Type Condo
Floor 8
Bedrooms 2
Size 65.23 SqM
Price per SqM £1,410
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) City 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 U1837616

Investment Opportunity: Charges & Yield

Sale Price
£91,700
Rent
£344/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.
22
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.
5%

Project Details

Project Name: Parano Condo @ Chiangmai
Developer: N/A
Construction: Completed (Nov 2015)
Floors: 8
Buildings: N/A
Units: 185
Project Area: N/A
Nearest Landmark Bangkok Hospital Chiang Mai - 2.8 Km
Location: Tha Sala, Chiang Mai
Parano Condo @ Chiangmai Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
Car Parking Car Parking

Available Units at Parano Condo @ Chiangmai

For Sale 2 For Rent 1
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Frequently Asked Questions

No pets are allowed at Parano Condo @ Chiangmai unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Bangkok Hospital Chiang Mai is the nearest Hospital from Parano Condo @ Chiangmai and it is 2.8 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 Parano Condo @ Chiangmai 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
Tha Sala

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Parano Condo @ Chiangmai

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
Grand Parano
Location
Tha Sala, Mueang Chiang Mai, Chiang Mai
Number of units
57
Sales Prices
£64.3K
Monthly Rentals
N/A
Year Built
Dec 2015
Completion Status
Completed
Location
Tha Sala, Mueang Chiang Mai, Chiang Mai
Number of units
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Mar 2015
Completion Status
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Location
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Number of units
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Sales Prices
£45K - £136K
▼ -49% underpriced
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Year Built
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Completion Status
Completed
Location
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Location
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Number of units
240
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£80.4K - £126K
Monthly Rentals
£391 - £529
Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
£96.5K - £138K
▲ 10.3% overpriced
Monthly Rentals
£689 - £804
Year Built
Dec 2015
Completion Status
Completed
Location
Tha Sala, Mueang Chiang Mai, Chiang Mai
Number of units
205
Sales Prices
£193K - £442K
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Project Name
The Urbana 5
Location
Chai Sathan, Mueang Chiang Mai, Chiang Mai
Number of units
97
Sales Prices
£80.2K
Monthly Rentals
N/A
Year Built
Oct 2015
Completion Status
Completed
Project Name
Barcelona
Location
Tha Sala, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
£55.7K - £133K
Monthly Rentals
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Year Built
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Completion Status
Off Plan
Project Name
Koolpunt Ville 10
Location
Chai Sathan, Mueang Chiang Mai, Chiang Mai
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
Completed
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