Renovated top to bottom, fully furnished, and a flat 500-metre walk from Chiang Mai University's front gate — this two-bedroom hands you Nimman-side living without the Nimman-core price.
From four floors up, the three balconies look down over the saltwater pool and its palm-lined deck — close enough to read the water, high enough to leave the noise below. It is the kind of home you move into with a suitcase rather than a moving truck, and by evening the walk to campus is already routine.
Can a foreigner actually own this condo on Huay Kaew?
On this listing the seller covers all transfer fees and taxes — a saving worth roughly 2% of the price that should be written into the sale agreement rather than assumed.
Is it genuinely within walking distance of Chiang Mai University?
What does it cost to run each month?
Goen observes: "At roughly 60,700 baht per square metre, this sits well under the 2026 Nimman-Suthep average near 72,000 — and across the years we have covered the CMU corridor, renovated units this close to the gate are the ones that rent within weeks, not months."
Before you transfer, ask the juristic office for the building's current foreign-quota headroom in writing — a 2009 block can sit close to its 49% ceiling. If it is tight, have your lawyer time the deposit to a confirmed quota slot so your freehold path cannot slip at the Land Office.
| Factor | Detail |
|---|---|
| Listing Price | 3.9M THB (~60,700/sqm) — approx. 15% below the 2026 Nimman-Suthep condo average of ~72,000/sqm. Source: Treasury Dept. appraisal bands & district portal averages, 2026. |
| Investment Alpha | Est. gross yield 6.5–7.5% (net-of-CAM ~5.5–6.5%); citywide rents +7.3% in Q2 2026. Source: Chiang Mai rental market data, 2026. Market estimate. |
| Contextual Logistics | Chiang Mai University — 0.5 km / ~6–7 min walk · Maya Lifestyle Shopping Center — ~1.5 km / ~5 min drive · Huai Kaeo Arboretum — ~1 km / ~4 min drive. |
| Ownership Status | Freehold, foreign quota available. Seller pays all transfer fees & taxes. Confirm chanote & quota headroom at the Chiang Mai Land Office. |
| Building / Amenity | 8-storey low-rise, completed 2009; saltwater pool, sauna, two gyms, 24-hour security, CCTV, parking. Request sinking-fund balance & any special assessments. |
Huay Kaew is a busy arterial road, but on the fourth floor set back around the pool the traffic reads as background rather than intrusion. We have not observed a flood history at this stretch near the university, though we always suggest checking drainage after a heavy-rain day before you commit.
In this micro-market, age matters less than location and condition — a renovated unit 500 metres from CMU competes with new stock priced far higher. We have seen well-kept Huay Kaew condos resell on the strength of the address alone, provided the juristic reserve is healthy.
It works for a couple or small family who want to walk to campus, cafés and Maya, and for an owner-investor who wants a turnkey unit with two work corners for remote tenants. In our experience the dual work-from-home layout is rare at this size and rents at a premium.
The building provides car parking and 24-hour security, and most daily needs — groceries, pharmacy, banking — sit within a short walk at Maya and Kad Suan Kaew. We have found residents here rely on foot and scooter far more than a car for the CMU-and-Nimman routine.
A renovated, walk-to-campus condo at a sub-Nimman price
This two-bedroom pairs a 500-metre walk to Chiang Mai University with a full renovation, foreign-quota title and seller-paid transfer — a rare combination on the Huay Kaew corridor. It suits a buyer who wants to unpack once, live minutes from campus and Maya, and hold an asset that rents itself.
Contact Goen at Chiangmai Properties today to arrange a viewing before the renovation completes on 15 August 2026.
We are real estate professionals sharing local market observations based on our experience in Chiang Mai. This is not legal or financial advice. Consult Thai Land Office, licensed attorney, or financial advisor for title deed, tax, and investment suitability.
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