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    2 Bedroom Condo for sale at Thaweephol Tower
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    £40,800
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    2 Bedroom Condo for sale at Thaweephol Tower

     (Write Review)
    Chang Phueak, Mueang Chiang Mai,Chiang Mai
    Unit ID: U1891015
    7% Rental Yield
    2 Bedrooms
    1 Bathroom
    68 SqM Size
    11 Floor
    Mar 1998 Completed
     (Write Review)
    Sale Price
    £40,800
    11

    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 £40,800 (£601/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

    BalconyBalcony Washing MachineWashing Machine TVTV

    Basic Information

    Date Listed Jul 7, 2024
    Updated 5 months ago
    Property Type Condo
    Floor 11
    Bedrooms 2
    Size 68 SqM
    Price per SqM £601
    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, 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.
    £16/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1891015

    Investment Opportunity: Charges & Yield

    Sale Price
    £40,800
    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.
    14
    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.
    7%

    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 3 For Rent 3
    • All
    • 2 Beds
    Get notified when new homes are being added to Thaweephol Tower
    View All (3)

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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

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