2 Bedroom Condo for sale at V Residence Payap

 (Write Review)
San Phranet, San Sai,Chiang Mai
Unit ID: U1023394
5% Rental Yield
2 Bedrooms
1 Bathroom
64 SqM Size
6 Floor
Jan 2019 Completed

About This Condo

This property is a 64 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in San Phranet, Chiang Mai and was completed in Jan 2019. You can buy this condo for a base price of £85,800 (£1,340/SqM) and it is also available for long term rentals starting from £347 per month.

For Sale V Residence Payub condo size 64 sq.m 6th floor corner room 2 bedroom Fully furnished 3 air conditioning 1 Electric stove 1 Cooker hood 1 Refrigerator 1 Water heater 1 Washing machine 1 Microwave Facilities Gym Swimming pool 24-Hour security staff CCTV Nearby Landmark: Phayub University, Big C Extra, Central Festival

Features

Corner UnitCorner Unit BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave

Basic Information

Date Listed Aug 23, 2021
Updated 1 year ago
Property Type Condo
Floor 6
Bedrooms 2
Size 64 SqM
Price per SqM £1,340
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
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.
£59/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1023394

Investment Opportunity: Charges & Yield

Sale Price
£85,800
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.
£59/mo
Rent
£347/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.
21
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: V Residence Payap
Developer: N/A
Construction: Completed (Jan 2019)
Floors: 5
Buildings: N/A
Units: 80
Project Area: N/A
Nearest Landmark Chiang Mai International Airport - 8.3 Km
Location: San Phranet, Chiang Mai
V Residence Payap 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

Available Units at V Residence Payap

For Sale 1 For Rent 1
Get notified when new homes are being added to V Residence Payap
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Frequently Asked Questions

No pets are allowed at V Residence Payap unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chiang Mai International Airport is the nearest Airport from V Residence Payap and it is 8.3 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 V Residence Payap 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
San Phranet

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby V Residence Payap

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Nong Pa Khrang, San Sai, Chiang Mai
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Completion Status
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