Condo · Chiang Mai

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Studio in the Condo in Chiang Mai, Thailand

Chiang Mai

Type
Condo
Bedrooms
Studio
Bathrooms
1
Area
44 m²

About this property

This property is a 44.36 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Play Condominium project in Suthep, Chiang Mai and was completed in Apr 2016. You can buy...

Buying costs

Transfer fee (Land Office)2% × 50%$1,824
Condo sinking fund≈ 700 ฿/m²$934
Lawyer: due diligence and contractestimate$1,503
Total on top of the price 2.3% of the price$4,261

Standard Thai rates, applied to the listed price; the Land Office appraisal is usually lower, so the real amount won't be higher. Seller taxes (3.3% SBT or 0.5% stamp duty, withholding tax) are customarily paid by the seller — we'll confirm for this property.

Rental yield

Net yield per year
4.5%
Gross
5.5%
Net income per year
$8,132
Payback
22.4 yrs

A model, not a promise: enter your own rent. Rental income tax, vacancies and repairs are not included. Ask us what similar homes nearby actually rent for.

Installment & mortgage calculator

Monthly payment
$5,320
Financed
$127,675
Total paid
$182,392
Interest paid
$0

Estimate only. Thai banks rarely lend to foreign buyers — most pay cash or use a developer's installment plan during construction. We'll tell you what's actually on offer for this property.

$182,392
$4,112 / m²