2 Bedroom Condo for sale at Thaweephol Tower

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Chang Phueak, Mueang Chiang Mai,Chiang Mai
Unit ID: U1891015
8% Rental Yield
2 Bedrooms
1 Bathroom
68 SqM Size
11 Floor
Mar 1998 Completed

About This Condo

This property is a 68 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Chang Phueak, Chiang Mai and was completed in Mar 1998. You can buy this condo for a base price of £40,000 (£588/SqM).

Thaweephol Tower near Nimma and Meya shopping Mall

"Nearby places include Doi Suthep, Maya, Nimmanhaemin, Chiang Mai University, Rajamangala University of Technology Lanna (Techno Doi Tung), convenient access to both Seven-Eleven and Lotus, with easy access to both Canal Road, Chiang Mai Superhighway, and Huay Kaew Road."

Features

Covered ParkingCovered Parking

Basic Information

Date Listed Jul 7, 2024
Updated 3 months ago
Property Type Condo
Floor 11
Bedrooms 2
Size 68 SqM
Price per SqM £588
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) 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.
£16/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1891015

Investment Opportunity: Charges & Yield

Sale Price
£40,000
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.
£16/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 Thaweephol Tower, and the current sales price.
8%

Project Details

Project Name: Thaweephol Tower
Developer: N/A
Construction: Completed (Mar 1998)
Floors: 13
Buildings: N/A
Units: 168
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 1.1 Km
Location: Chang Phueak, Chiang Mai
Thaweephol Tower Project Details

Project Features

24H Security 24H Security
Car Parking Car Parking

Available Units at Thaweephol Tower

For Sale 2 For Rent 3
Get notified when new homes are being added to Thaweephol Tower
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Frequently Asked Questions

No pets are allowed at Thaweephol Tower unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Thaweephol Tower and it is 1.1 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 Thaweephol Tower 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
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Thaweephol Tower

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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
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Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
£79.7K - £126K
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Dec 1996
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Year Built
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Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
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Monthly Rentals
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Year Built
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Completion Status
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Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
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Sales Prices
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Location
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Number of units
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Monthly Rentals
£411 - £662
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Nov 2009
Completion Status
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Project Name
Baan Hor Kum
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
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Sales Prices
£59.4K - £86.8K
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Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Chang Phueak, 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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