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    Studio Condo for sale at Hillside 3 Condominium
    Suthep, Mueang Chiang Mai,Chiang Mai
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    Sale Price
    £42,800
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    Studio Condo for sale at Hillside 3 Condominium

    (1 Review)
    Suthep, Mueang Chiang Mai,Chiang Mai
    Unit ID: U1855620
    9% Rental Yield
    Studio Bedroom
    1 Bathroom
    34.50 SqM Size
    4 Floor
    Dec 2009 Completed
    (1 Review)
    Sale Price
    £42,800
    10

    About This Condo

    This property is a 34.50 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 2009. You can buy this condo for a base price of £42,800 (£1,240/SqM) and it is also available for long term rentals starting from £319 per month.

    Fully Furnished Spacious Studio near Nimman

    (Good for Airbnb) Fully Furnished Studio,

    Options of Bed: 2 single bed or 1 kingsize bed,

    55 inch TV, Free WIFI, Refridgerator,

    A/C, Microwave, 2-seat dining table, Bathtub with rain shower.         

    - 2 min to Maya Mall  
    - 7 min to Airport  
    - 8 min to Chiang Mai University  

    Features

    Pool AccessPool Access BalconyBalcony Wifi IncludedWifi Included BathtubBathtub Washing MachineWashing Machine MicrowaveMicrowave TVTV

    Basic Information

    Date Listed May 30, 2024
    Updated 3 months ago
    Property Type Condo
    Floor 4
    Bedroom Studio
    Size 34.50 SqM
    Price per SqM £1,240
    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) N/A
    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.
    £24/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1855620

    Investment Opportunity: Charges & Yield

    Sale Price
    £42,800
    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.
    £24/mo
    Rent
    £319/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.
    11
    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.
    9%

    Project Details

    Project Name: Hillside 3 Condominium
    Developer: N/A
    Construction: Completed (Dec 2009)
    Floors: 10
    Buildings: N/A
    Units: 370
    Project Area: N/A
    Nearest Landmark Han Teung Chiang Mai ( @Chiang Mai ) - 0.2 Km
    Location: Suthep, Chiang Mai
    Hillside 3 Condominium Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    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

    Available Units at Hillside 3 Condominium

    For Sale 12 For Rent 6
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to Hillside 3 Condominium
    View All (12)

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    Frequently Asked Questions

    No pets are allowed at Hillside 3 Condominium 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 £24 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.
    Han Teung Chiang Mai ( @Chiang Mai ) is the nearest Neighborhood from Hillside 3 Condominium and it is 0.2 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 Hillside 3 Condominium 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

    4.3 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    Amazing location
    Emma Lee, China, 5 years ago
    This location can be described in a single word: amazing!!! Because it is surrounded by all of the amenities and is easily accessible. There are convenience stores, shops, and famous restaurants nearby. It's not difficult to find something to eat. I didn't expect it to be this comfortable when I first moved here. I only knew it as a well-known area. Unfortunately, the project is an old building. What's more, some equipment deteriorates over time. Residents can access a fitness center, a swimming pool, a garden, and parking. The staff is nice and welcoming. The neighbors are lovely too. I'm no issues with the rented room. The owner renovates a large set, like getting a brand new in the city center. Superb!
    Chiang Mai
    Suthep

    Neighborhood Overview

    Location and Neighborhood

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    Projects Nearby Hillside 3 Condominium

    Location
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    Project Name
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    Year Built
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    Punna Residence 2 at Nimman
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    Number of units
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    Monthly Rentals
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    Year Built
    Nov 2009
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    Monthly Rentals
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    Year Built
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    Completion Status
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    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
    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
    The Unique at Nimman
    Location
    Suthep, Mueang Chiang Mai, Chiang Mai
    Number of units
    75
    Sales Prices
    £78.3K - £154K
    ▼ -22.7% underpriced
    Monthly Rentals
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    Year Built
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    Completion Status
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    Location
    Suthep, Mueang Chiang Mai, Chiang Mai
    Number of units
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    Sales Prices
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    Monthly Rentals
    N/A
    Year Built
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    Completion Status
    Completed
    Project Name
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    Location
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    Number of units
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    Sales Prices
    £79.4K - £386K
    ▼ -31.5% underpriced
    Monthly Rentals
    £636 - £681
    Year Built
    Jan 2014
    Completion Status
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    Project Name
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    Location
    Suthep, Mueang Chiang Mai, Chiang Mai
    Number of units
    109
    Sales Prices
    £70.4K - £141K
    Monthly Rentals
    £341 - £568
    Year Built
    May 2009
    Completion Status
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    Projects Nearby Hillside 3 Condominium
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