Studio Condo for sale at Srithana Condominium 1

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Suthep, Mueang Chiang Mai,Chiang Mai
Unit ID: U1960269
12% Rental Yield
Studio Bedroom
1 Bathroom
285 Sqft Size
7 Floor
Dec 2002 Completed

About This Condo

This property is a 285 Sqft 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 2002. You can buy this condo for a base price of ₿0.484 (₿0.002/Sqft).

Luxurious Studio Condo in Nimmanhemin

Indulge in modern elegance at this fully renovated and furnished studio condo in Srithana 1. Located in the heart of Nimmanhemin, you'll be just steps away from Maya Lifestyle Shopping Center, CMU, and One Nimman. Key Features:
  • Prime location in Nimmanhemin
  • Stylish interior design
  • Fully furnished and ready to move in
  • Well-equipped kitchen
  • Air conditioning
This unit is beautifully finished with high-quality materials, featuring a built-in kitchen and dining area. The bathroom is fully equipped with premium sanitary ware. Additionally, the unit comes with a full range of appliances, including:   • Two 9000 BTU air conditioners • A 50-inch TV • A refrigerator • A microwave • A washing machine • An electric stove with a range hood   Additional Highlights:   • Keycard access for enhanced security • 24-hour security system • Close to shopping centers and convenience stores   Selling Price: 1,640,000 THB (Foreign Quota Available)   Sritana Condo 1 is an excellent choice for those looking for a comfortable residence in a prime location in Chiang Mai, or for investors seeking a promising real estate opportunity.For more information or to schedule a viewing, please feel free to contact us.  

Basic Information

Date Listed Oct 30, 2024
Updated 3 weeks ago
Property Type Condo
Floor 7
Bedroom Studio
Size 285 Sqft
Price per Sqft ₿0.002
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) City View, 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 U1960269

Investment Opportunity: Charges & Yield

Sale Price
₿0.484
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.
9
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 Srithana Condominium 1, and the current sales price.
12%

Project Details

Project Name: Srithana Condominium 1
Developer: N/A
Construction: Completed (Dec 2002)
Floors: 8
Buildings: N/A
Units: 144
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.8 Km
Location: Suthep, Chiang Mai
Srithana Condominium 1 Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Srithana Condominium 1

For Sale 8 For Rent 1
Get notified when new homes are being added to Srithana Condominium 1
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Frequently Asked Questions

No pets are allowed at Srithana Condominium 1 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 Srithana Condominium 1 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 Srithana Condominium 1 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
Suthep

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Srithana Condominium 1

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
235
Sales Prices
₿0.626 - ₿1.233
Monthly Rentals
₿0.003
Year Built
May 2000
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
48
Sales Prices
₿1.075 - ₿1.344
Monthly Rentals
N/A
Year Built
Jul 2017
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
₿0.692
Monthly Rentals
₿0.003
Year Built
Dec 2013
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
300
Sales Prices
₿0.484 - ₿1.897
▼ -47% underpriced
Monthly Rentals
₿0.004 - ₿0.008
Year Built
May 2012
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
₿1.075 - ₿1.328
▲ 0.7% overpriced
Monthly Rentals
₿0.004
Year Built
Feb 2018
Completion Status
Completed
Location
Chang Phueak, Mueang Chiang Mai, Chiang Mai
Number of units
60
Sales Prices
₿0.914
Monthly Rentals
N/A
Year Built
Jun 2015
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
₿1.107
▲ 14% overpriced
Monthly Rentals
₿0.004 - ₿0.005
Year Built
Aug 2016
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
68
Sales Prices
₿1.059 - ₿1.202
▼ -0.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
₿1.059 - ₿1.167
Monthly Rentals
₿0.006 - ₿0.006
Year Built
Dec 2017
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
70
Sales Prices
₿1.107
▲ 28% overpriced
Monthly Rentals
₿0.004 - ₿0.006
Year Built
Aug 2018
Completion Status
Completed
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