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    2 Bedroom Condo for sale at The Unique at Koomuang
    Si Phum, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    £504,000
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    2 Bedroom Condo for sale at The Unique at Koomuang

    (1 Review)
    Si Phum, Mueang Chiang Mai,Chiang Mai
    Unit ID: U1662384
    3% Rental Yield
    Tenant-Occupied until Feb 28, 2025
    2 Bedrooms
    2 Bathrooms
    99 SqM Size
    4 Floor
    Nov 2014 Completed
    (1 Review)
    Sale Price
    £504,000
    18

    About This Condo

    This property is a 99 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Si Phum, Chiang Mai and was completed in Nov 2014. You can buy this condo for a base price of £504,000 (£5,090/SqM) and it is also available for long term rentals starting from £1,150 per month.

    Features

    BalconyBalcony Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub MicrowaveMicrowave OvenOven TVTV

    Basic Information

    Date Listed Sep 7, 2023
    Updated 3 months ago
    Property Type Condo
    Floor 4
    Bedrooms 2
    Size 99 SqM
    Price per SqM £5,090
    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%.

    N/A
    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) Garden 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.
    £102/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1662384

    Investment Opportunity: Charges & Yield

    Sale Price
    £504,000
    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.
    £102/mo
    Rent
    £1,150/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.
    37
    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.
    3%

    Project Details

    Project Name: The Unique at Koomuang
    Developer: Ten Thai Development
    Construction: Completed (Nov 2014)
    Floors: 7
    Buildings: 2
    Units: 104
    Project Area: 1,304 SqM
    Nearest Landmark Chang Phuak Gate - 0.4 Km
    Location: Si Phum, Chiang Mai
    The Unique at Koomuang Project Details

    Project Features

    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
    Laundry Facilities / Dry Cleaning Laundry Facilities / Dry Cleaning
    Key card access Key card access

    Popular Facilities at The Unique at Koomuang

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor

    Available Units at The Unique at Koomuang

    For Sale 3 For Rent 6
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Unique at Koomuang
    View All (3)

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    Frequently Asked Questions

    No pets are allowed at The Unique at Koomuang 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 £102 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.
    For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Unique at Koomuang the required payment for the sinking fund is £12 per square meter based on the size of the indoor area of the property.
    Chang Phuak Gate is the nearest Tourist Attraction from The Unique at Koomuang and it is 0.4 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 The Unique at Koomuang 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
    Nice condo near tourist attractions in Chiang Mai
    Natcha L., Thailand, 5 years ago
    The project is located in a good location because it is situated in the center of Chiang Mai near the hospital, markets, restaurants, and tourist destinations. It is also accessible and saves time a lot, whether using a private car or public transports. The security is also great. The atmosphere is tranquil and not crowded, suitable for real relaxation. That's why I choose here to rent 1 bedroom. The room is spacious and very proportionate, very usable, and fully furnished. All furniture is strong, durable, and good of quality. There is a separate bathroom and toilet with a private bathtub for relaxing. The balcony is also spacious. It can be the place for a sitting area. The common area is clean, comprising a communal pool, a communal gym, and a leisure garden. The project construction and design impressed a lot. The condo gives the scent of the ancient city and is beautifully decorated. I am very impressed! The location, the services, the security system, and other aspects are all okay while I stay here. Everything is easy and a good choice for a relaxing place in the center of Chiang Mai.
    Chiang Mai
    Si Phum

    Neighborhood Overview

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