Studio Condo for sale at The Nine Thasala

 (Write Review)
Tha Sala, Mueang Chiang Mai,Chiang Mai
Unit ID: U175126
8% Rental Yield
Studio Bedroom
1 Bathroom
517 Sqft Size
4 Floor
Dec 2019 Completed

About This Condo

This property is a 517 Sqft studio condo with 1 bathroom that is available for sale. It is part of the project in Tha Sala, Chiang Mai and was completed in Dec 2019. You can buy this condo for a base price of ₿1.519 (₿0.003/Sqft).

Features

BalconyBalcony

Basic Information

Date Listed Sep 13, 2019
Updated 4 years ago
Property Type Condo
Floor 4
Bedroom Studio
Size 517 Sqft
Price per Sqft ₿0.003
Pets N/A
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, Company
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, City View
Unit Type STUDIO
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.
₿0.001/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U175126

Investment Opportunity: Charges & Yield

Sale Price
₿1.519
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.
₿0.001/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.
12
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 The Nine Thasala, and the current sales price.
8%

Project Details

Project Name: The Nine Thasala
Construction: Completed (Dec 2019)
Floors: 6
Buildings: N/A
Units: 23
Project Area: N/A
Nearest Landmark Chiang Mai Railway Station - 1.9 Km
Location: Tha Sala, Chiang Mai
The Nine Thasala Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Reception / Lobby Area Reception / Lobby Area

Available Units at The Nine Thasala

For Sale 46 For Rent 1
Available Units at The Nine Thasala
₿1.871
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 646 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.480
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.480
₿0.002/Sqft
Great Price
Beds Studio Beds
Baths 1 Baths
Size 861 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.920
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 646 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.920
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 646 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.480
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.920
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 646 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.480
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.920
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 646 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.480
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.920
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 646 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.519
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.920
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 646 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.519
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.920
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 646 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.519
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.920
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 646 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.519
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.920
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 646 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.519
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.920
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 646 Sqft Size
Floor 4 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.519
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿2.594
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 861 Sqft Size
Floor 5 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.519
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.519
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿2.594
₿0.003/Sqft
Beds 2 Beds
Baths 1 Baths
Size 861 Sqft Size
Floor 6 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿2.672
₿0.004/Sqft
Beds 2 Beds
Baths 2 Baths
Size 710 Sqft Size
Floor 1 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.519
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿2.743
₿0.003/Sqft
Beds 2 Beds
Baths 2 Baths
Size 926 Sqft Size
Floor 2 Floor
Foreign Quota Fully Furnished Park View
Available Units at The Nine Thasala
₿1.519
₿0.003/Sqft
Beds Studio Beds
Baths 1 Baths
Size 517 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished Park View
Get notified when new homes are being added to The Nine Thasala
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Loan Calculator

Payment Plan

Installment Milestone Payment
Deposit
Immediately
₿0.041
1st Installment
Upon contract signing
30%
2nd Installment
50%
3rd Installment
On handover
20%

Frequently Asked Questions

The common area maintenance fee is ₿0 per square meter based on the size of indoor area of the property and is ₿0.001 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 The Nine Thasala the required payment for the sinking fund is ₿0 per square meter based on the size of the indoor area of the property.
Chiang Mai Railway Station is the nearest Railway Station from The Nine Thasala and it is 1.9 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 The Nine Thasala you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Deposit
Immediately
₿0.041
1st Installment
Upon contract signing
30%
2nd Installment
50%
3rd Installment
On handover
20%

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
Tha Sala

Neighborhood Overview

Location and Neighborhood

Street View

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