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    Studio Condo for sale at 103 Condominium 2
    Suthep, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    £36,300
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    Studio Condo for sale at 103 Condominium 2

    (1 Review)
    Suthep, Mueang Chiang Mai,Chiang Mai
    Unit ID: U1955540
    4% Rental Yield
    Studio Bedroom
    1 Bathroom
    30 SqM Size
    3 Floor
    Dec 1987 Completed
    (1 Review)
    Sale Price
    £36,300
    20

    About This Condo

    This property is a 30 SqM studio condo with 1 bathroom that is available for sale. It is part of the project in Suthep, Chiang Mai and was completed in Dec 1987. You can buy this condo for a base price of £36,300 (£1,210/SqM).

    Condo for Sale: 103 Condo 2

    Condo for Sale: 103 Condo 2
    • Size: 30 sq.m., fully divided and decorated
    • Open view, perfect for relaxing and enjoying the beautiful sky on some days
    • Selling price: 1.59 million THB, including transfer fees
    • Comes with a tenant—start earning rental income immediately
    • Located on the 3rd floor with an open view of Kantary Hotel, no blocked corners
    • Fully furnished, including a complete kitchen setup and all necessary appliances
    • Ideal for Airbnb rentals
      ขายห้องสวย 103 คอนโด 2 ซอย 12 ·         ทำ airbnb ได้ ·         ห้อง ขนาด 30 ตร.ม. กั้นห้องและตกแจ่งเรียบร้อย ·         วิวโล่ง บางวันนั่ง Take view ฟ้าสวยๆ ได้ ·         ขาย 1.59 ล้านบาทรวมโอนให้ ·         ขายพร้อมผู้เช่า ซื้อปุ๊บรับผลตอบแทนปั๊บ ·         ชั้น 3 วิว รร. แคนทารี่ วิวไม่เป็นมุมอับ ·         รวมเฟอร์นิเจอร์ ส่วนทำครัวและเครื่องใช้ไฟฟ้า

    Basic Information

    Date Listed Oct 26, 2024
    Updated 5 days ago
    Property Type Condo
    Floor 3
    Bedroom Studio
    Size 30 SqM
    Price per SqM £1,210
    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, 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) Unblocked Open 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.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1955540

    Investment Opportunity: Charges & Yield

    Sale Price
    £36,300
    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.
    24
    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 studio condos at 103 Condominium 2, and the current sales price.
    4%

    Project Details

    Project Name: 103 Condominium 2
    Developer: N/A
    Construction: Completed (Dec 1987)
    Floors: 9
    Buildings: N/A
    Units: 120
    Project Area: N/A
    Nearest Landmark Maya Lifestyle Shopping Center - 0.8 Km
    Location: Suthep, Chiang Mai
    103 Condominium 2 Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Reception / Lobby Area Reception / Lobby Area

    Available Units at 103 Condominium 2

    For Sale 2 For Rent 1
    • All
    • Studio
    • 2 Beds
    Get notified when new homes are being added to 103 Condominium 2
    View All (2)

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    Frequently Asked Questions

    No pets are allowed at 103 Condominium 2 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 103 Condominium 2 and it is 0.8 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 103 Condominium 2 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 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Great project, not far from downtown
    Maria Schwarz, Germany, 5 years ago
    This building exterior looks pretty old, but the interior is the opposite as it was recently renovated. I stayed in a one-bedroom unit; the space is not large but well-arranged. Shame that there aren't facilities like other condos, such as fitness and swimming pool. However, it's acceptable considering its price. The project is not far from Chiang Mai city and residential area, so there are shops and restaurants nearby, which is so convenient.
    Chiang Mai
    Suthep

    Neighborhood Overview

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    Projects Nearby 103 Condominium 2

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    Monthly Rentals
    £457 - £525
    Year Built
    Nov 2010
    Completion Status
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    Project Name
    Punna Residence 1 @Nimman
    Location
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    Number of units
    79
    Sales Prices
    £77.6K - £342K
    Monthly Rentals
    £1.14K
    Year Built
    Nov 2009
    Completion Status
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    Project Name
    Hillside 2 Condominium
    Location
    Suthep, 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
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    Project Name
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    Location
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    Number of units
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    Sales Prices
    £82.2K - £285K
    ▼ -3.3% underpriced
    Monthly Rentals
    £411 - £1.14K
    Year Built
    Mar 2015
    Completion Status
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    Project Name
    The Unique at Nimman
    Location
    Suthep, Mueang Chiang Mai, Chiang Mai
    Number of units
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    Sales Prices
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    ▼ -22.7% underpriced
    Monthly Rentals
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    Year Built
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    Completion Status
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    Project Name
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    Location
    Suthep, Mueang Chiang Mai, Chiang Mai
    Number of units
    100
    Sales Prices
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    Monthly Rentals
    N/A
    Year Built
    May 1970
    Completion Status
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    Project Name
    The Unique at Nimman 2
    Location
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    Number of units
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    Sales Prices
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    ▼ -31.5% underpriced
    Monthly Rentals
    £639 - £685
    Year Built
    Jan 2014
    Completion Status
    Completed
    Project Name
    Rawee Waree Residence
    Location
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    Number of units
    109
    Sales Prices
    £70.8K - £142K
    Monthly Rentals
    £342 - £571
    Year Built
    May 2009
    Completion Status
    Completed
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