listings-high-yield-94sqm-condo-for-sale-chiang-mai

A Spacious Mountain View Sanctuary with Instant 8.9% Yield

Price:
This is some text inside of a div block.
-
/ Month
Price THB
5390000
-
/ Month
Property Type:
Condo
Bedrooms:
2
Bathrooms:
1
Square Meters:
94
Land Area:
0
Sq W
Location:
Suthep
,
Mueang Chiang Mai
,
Chiang Mai
Property Features
Air Conditioning
24Hr Security
Kitchen EU
Swimming Pool
CCTV

Step Into a World of Calm, Comfort, and Smart Returns

In a market crowded with compact "shoebox" units, entering this 94 sqm residence feels like a breath of fresh air. Your attention is immediately drawn to the living area—the true heart of this home. From here, the view of Doi Suthep serves as a daily backdrop, offering a sense of serenity that is hard to find just minutes from the city center. It’s rare to find a property that balances such emotional appeal with hard financial logic; with a tenant already in place, this isn't just a home, but a performing asset from day one.

Space to Breathe: Inside Your Mountain-View Retreat

Unlike newer developments, this layout prioritizes generous living space, creating a flow that feels like a true home rather than a temporary stop.

  • The Living Sanctuary: Expansive and bright, the lounge area maximizes the West-facing position, perfect for watching the sunset over the mountain after a busy day.
  • Restful Bedrooms: Two well-proportioned bedrooms offer privacy and quiet, a luxury often sacrificed in modern city condos.
  • Turnkey Convenience: Fully furnished and meticulously maintained, the unit is ready to continue generating income immediately without further investment.

The Canal Road Secret: Vibrant Living Without the Traffic

Living here puts you in the "smart" part of town. As a local expert, I often tell clients that the Canal Road corridor offers the best of both worlds. You are a mere five-minute walk from the trendy cafes of Nimmanhemin, yet you avoid the district's notorious gridlock. The neighborhood vibe is electric but relaxed, fueled by the nearby university energy. You're steps away from the "Lang Mor" (rear university) entrance, a hidden gem for some of the city's best street food and evening markets that only locals truly know how to navigate.

Your World, Effortlessly Connected: The Practical Details

  • Nimmanhemin District (2 mins): Your neighbor is the city’s trendiest hub, packed with coworking spaces and award-winning coffee spots.
  • Chiang Mai University (5 mins): Access to the Ang Kaew Reservoir for your morning jog is just down the road.
  • Maya Lifestyle Center (3 mins): World-class shopping, cinemas, and rooftop dining are practically on your doorstep.
  • CNX Airport (12 mins): A quick, straightforward drive makes international travel seamless.

Summary of Key Details:

  • Price: 5,390,000 THB (~฿57,340/sqm)
  • Current Yield: 8.9% (Tenant paying 40,000 THB/mo)
  • Ownership Status: Foreign Quota Available
  • Bedrooms/ Bathrooms: 2 / 1
  • Total Living Area: 94 sqm
  • Furnishing: Fully Furnished

This property represents a rare intersection of lifestyle and logic—a spacious mountain-view home that effectively pays for itself. Whether you are an investor seeking immediate cash flow or looking to secure a future retirement haven at an unbeatable price per square meter, this unit demands attention. Ngoeinta (Goen) would be delighted to arrange your private viewing and introduce you to this high-performing asset.

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