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    2 Bedroom Condo for sale at SR Complex
    Nong Pa Khrang, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    £41,000
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    2 Bedroom Condo for sale at SR Complex

    (1 Review)
    Nong Pa Khrang, Mueang Chiang Mai,Chiang Mai
    Unit ID: U1391652
    8% Rental Yield
    2 Bedrooms
    1.5 Bathrooms
    77 SqM Size
    6 Floor
    Dec 2010 Completed
    (1 Review)
    Sale Price
    £41,000
    7

    About This Condo

    This property is a 77 SqM condo with 2 bedrooms and 1.5 bathroom that is available for sale. It is part of the project in Nong Pa Khrang, Chiang Mai and was completed in Dec 2010. You can buy this condo for a base price of £41,000 (£533/SqM).

    2Bedrooms Condo For Sale At SR Complex

    This spacious two-bedroom condo is now on the market at SR Complex, located just off Charoen Muang Road near the Superhighway junction and Chiang Mai Train Station. Property features: 77.66 SQM of living space on the 6th floor. This room provides two bedrooms, two bathrooms, open-plan living, dining, and kitchen areas. Appliances provided, including fridge freezer, microwave, hob, and extractor. It has fully furnished, three air-conditioning units, balcony with a view. Building amenities: Swimming pool Reception area CCTV surveillance  

    Features

    BalconyBalcony

    Basic Information

    Date Listed Apr 7, 2023
    Updated 3 months ago
    Property Type Condo
    Floor 6
    Bedrooms 2
    Size 77 SqM
    Price per SqM £533
    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
    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) City View
    Unit Type N/A
    Building SR Complex
    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.
    £18/mo
    Listed By
    Broker Network
    Electricity Price N/A
    Water Price N/A
    Unit ID U1391652

    Investment Opportunity: Charges & Yield

    Sale Price
    £41,000
    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.
    £18/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.
    13
    Rental Yield
    This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom condos at SR Complex, and the current sales price.
    8%

    Project Details

    Project Name: SR Complex
    Developer: N/A
    Construction: Completed (Dec 2010)
    Floors: 14
    Buildings: 1
    Units: 140
    Project Area: N/A
    Nearest Landmark Chiang Mai Railway Station - 0.7 Km
    Location: Nong Pa Khrang, Chiang Mai
    SR Complex Project Details

    Project Features

    Communal Pool Communal Pool
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Popular Facilities at SR Complex

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    • Leisure
    • Communal Pool
      Ground Floor

    Available Units at SR Complex

    For Sale 3 For Rent 2
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    • 1 Bed
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to SR Complex
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    Frequently Asked Questions

    No pets are allowed at SR Complex 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 for properties at SR Complex is a fixed amount of £18. This amount 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.
    Chiang Mai Railway Station is the nearest Railway Station from SR Complex and it is 0.7 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 SR Complex 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

    4.2 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Reasonable price
    Keko Martinez, Spain, 8 years ago
    My room is a second-hand condo at a reasonable price. It may deteriorate over time if viewed from the outside because the condo was completed for many years. However, the room that I bought is still considered modern and decorated with good quality furniture and some electrical appliances. The common area has all the amenities that come with a swimming pool and a fitness center. Although it's not modern, it's still in good working condition. Oh, importantly, the condo's location is close to various amenities such as shops, restaurants, shopping centers, Big C, Rimping Supermarket, Dara Academy, and Nong Pa Krang Health Promoting Hospital, which is regarded as complete and highly comfortable.
    Chiang Mai
    Nong Pa Khrang

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