Studio Condo for sale at Palm Springs Nimman

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Suthep, Mueang Chiang Mai,Chiang Mai
Unit ID: U1672330
Studio Bedroom
1 Bathroom
32 SqM Size
2 Floor
Aug 2015 Completed

About This Condo

This property is a 32 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 Aug 2015. You can buy this condo for a base price of ฿3,250,000 (฿101,563/SqM).

Features

BalconyBalcony Washing MachineWashing Machine TVTV

Basic Information

Date Listed Sep 26, 2023
Updated 5 days ago
Property Type Condo
Floor 2
Bedroom Studio
Size 32 SqM
Price per SqM ฿101,563
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) Park 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.
฿1,440/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1672330

Investment Opportunity: Charges & Yield

Sale Price
฿3,250,000
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.
฿1,440/mo

Project Details

Project Name: Palm Springs Nimman
Construction: Completed (Aug 2015)
Floors: 7
Buildings: N/A
Units: 62
Project Area: N/A
Nearest Landmark Nimman - 0.3 Km
Location: Suthep, Chiang Mai
Palm Springs Nimman Project Details

Project Features

Hotel Managed Hotel Managed
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 Palm Springs Nimman

For Sale 1 For Rent 1
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Frequently Asked Questions

No pets are allowed at Palm Springs Nimman 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 ฿45 per square meter based on the size of indoor area of the property and is ฿1,440 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 Palm Springs Nimman the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Nimman is the nearest Neighborhood from Palm Springs Nimman and it is 0.3 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 Palm Springs Nimman 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 Palm Springs Nimman

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
45
Sales Prices
฿2.6M
Monthly Rentals
N/A
Year Built
Jan 1990
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
62
Sales Prices
฿3.35M - ฿3.69M
Monthly Rentals
฿19K - ฿20K
Year Built
Dec 2017
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
68
Sales Prices
฿3.35M - ฿3.8M
▼ -0.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2017
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
฿3.5M
▲ 14% overpriced
Monthly Rentals
฿12K - ฿17K
Year Built
Aug 2016
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
109
Sales Prices
฿3.1M - ฿6.2M
Monthly Rentals
฿15K - ฿25K
Year Built
May 2009
Completion Status
Completed
Project Name
Boonyamas Mansion
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
N/A
Sales Prices
฿2.39M
Monthly Rentals
N/A
Year Built
Dec 2009
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
228
Sales Prices
฿1.89M
Monthly Rentals
฿14K
Year Built
Apr 2007
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
70
Sales Prices
฿3.5M
▲ 28% overpriced
Monthly Rentals
฿13K - ฿18K
Year Built
Aug 2018
Completion Status
Completed
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
96
Sales Prices
฿3.4M - ฿4.2M
▲ 0.7% overpriced
Monthly Rentals
฿14K
Year Built
Feb 2018
Completion Status
Completed
Project Name
103 Condo Nimman
Location
Suthep, Mueang Chiang Mai, Chiang Mai
Number of units
100
Sales Prices
฿3.49M
Monthly Rentals
N/A
Year Built
May 1970
Completion Status
Completed
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