Two balconies wrap this fourth-floor corner on Nimman Soi 15, one off the living room and one off the main bedroom, each behind full-height sliding glass.
Inside, the renovation drawings put a curved cream sofa in front of a long marble-look TV console, with arched, backlit shelving set into the wall beside it. Behind the sofa, a pale-oak dining island with a rounded end sits under three ring pendants, and the kitchen's glass-fronted cabinets glow above the built-in oven and a full-height fridge. Down the hall, the main bedroom has a dressing table, a desk and a glass-fronted wardrobe, and its bathroom has a full-length bathtub.
This newly renovated two-bedroom, two-bathroom corner condo on Nimman Soi 15, Chiang Mai, asks 11.59M THB for 115 sqm: about 100,800 THB per usable sqm, upper half of Nimman’s 70,000-115,000 band (Rumavi, January 2026). It has two balconies, and One Nimman is 0.5 km away.
Every interior image on this page is a 3D render from the renovation design, not a photograph. The renovation was completed on 11 November 2026, and we will show you the finished rooms, which may differ in furniture and finishes, before you reserve.
Why does this unit cost more per square metre than most of Rawee Waree?
Mostly because of its size and its new fit-out: it is one of the building’s few two-bedroom, two-bathroom layouts, rewired and re-plumbed, while most units here are one-bedrooms of 40 to 80 sqm. The renovated 80.7 sqm two-bedroom on the same floor asks more per square metre than this one, so the premium is for the work and the extra bathroom, not the address alone.
What did the renovation replace, and is the work covered?
The owner states that the electrical system and all the sanitary ware were replaced, and the sale includes a one-year after-sales warranty. Get that warranty in writing, with who issues it, what it covers and when the year starts, because the building’s shared pipes and risers sit outside any unit warranty.
Who pays the transfer fee on this condo?
The seller does: the transfer fee is free to the buyer, and at this price that means the standard 2% Land Office fee, whether you are Thai or foreign. The reduced 0.01% rate stops at 7 million baht, and the seller’s own taxes are separate lines that the sale agreement should name one by one.
The owner states that foreign quota is available, so a foreign buyer can hold this unit freehold once the juristic office confirms it in writing. Our guide to the taxes and fees foreigners pay on Thai property sets out who pays what at transfer, and you can compare other condos for sale in Chiang Mai or browse homes across Mueang Chiang Mai.
Goen notes: “If I were buying here, I’d pay for the second bathroom before I’d pay for a newer lobby. I’d also want the free first year of common fees, about 48,000 baht, written into the contract, because a line in an advert isn’t a receipt from the juristic office.”
Insider TipVisit twice before you reserve: once in the late afternoon and once after dark. Soi 15 sits in Nimman’s busier southern stretch, so stand on both balconies to hear the soi at night and to see how much afternoon sun the corner glass takes, then decide.
At a glance: 115 sqm two-balcony corner, Rawee Waree Residence| Category | Detail |
|---|
| Price | 11,590,000 THB, about 100,783 THB per sqm on 115 sqm usable area (owner-stated). Upper half of Nimman’s 70,000-115,000 THB per sqm band; about 9% above the building’s current average asking price of about 92,400 THB per sqm (8 adverts); about 15% below the renovated 80.7 sqm two-bedroom on the same floor (about 118,800 THB per sqm).Rumavi, 2026 Chiang Mai Condos, January 2026; Hipflat, Thailand-Property, PropertyHub and LivingInsider adverts, November 2026 |
| Rental income | About 4.1-5.2% gross on 12-month lets at 40,000-50,000 THB a month, or about 3.7-4.8% after the common fee. An 80 sqm two-bedroom in the building is advertised at 38,000 THB a month. Monthly lets only.Market estimate, November 2026, from advertised rents (FazWaz), not achieved rents |
| Getting around | One Nimman, 0.5 km, about 3 min. MAYA Lifestyle Shopping Center, 0.7 km, about 3 min. Maharaj Nakorn Chiang Mai Hospital, 0.9 km, about 3 min. Chiang Mai International Airport, 3.3 km, about 7 min.Owner’s figures, by car; airport cross-checked against FazWaz (3.4 km, 7 min), November 2026 |
| Ownership and fees | Freehold condominium title; foreign quota available (owner-stated, juristic office letter to follow). Transfer fee free to the buyer: the seller pays the 2% Land Office fee, about 231,800 THB if the appraisal equals the price. Above 7,000,000 THB, Thai and foreign buyers both pay 2%; the seller’s business tax or stamp duty and withholding tax are separate.Land Department fee schedule; the 0.01% rate (Thai individuals, price and appraisal at or below 7M THB) runs to 30 June 2027 |
| Monthly costs | Common fee 35 THB per sqm, about 4,025 THB a month, first full year free (owner-stated). Water 25 THB per unit; electricity at the utility rate. Sinking fund not yet stated.Owner sheet and portal adverts, November 2026 |
| Title and condition | Building completed May 2009, 8 floors, about 109 units; pool, gym and indoor parking. Unit renovation completed 11 November 2026, with a 1-year after-sales warranty (owner-stated). Pets not allowed.FazWaz project data; owner sheet, November 2026 |
Is Nimman Soi 15 noisy at night?
It can be, because Soi 15 runs through the livelier, restaurant-and-bar end of Nimman. A fourth-floor unit sits above the street but not above the sound, so we arrange an evening visit for anyone who sleeps lightly.
Can I keep a pet in Rawee Waree Residence?
The building is listed as not allowing pets. If a dog or cat is part of your plans, ask the juristic office for the house rule in writing before you reserve.
Does the unit come with a parking space?
The building has an indoor car park, but the space allocated to this unit is not yet confirmed. We get the allocation in writing and named in the sale documents before transfer.
Will a large two-bedroom be easy to resell in Nimman?
Easier to an owner-occupier than to an investor: layouts of this size are scarce in Nimman’s low-rise buildings, but rental yields thin out at this price. Expect your next buyer to be someone who wants to live here.
Stand on both balconies before you decide
This is a newly renovated two-bedroom, two-bathroom corner on Nimman Soi 15, with a balcony off the living room and another off the main bedroom. It suits a couple or a small family who want to live in Nimman on foot without giving up a second bathroom or a room to work.
Contact Goen at Chiangmai Properties on WhatsApp at +66 64 338 9597 to arrange a viewing.
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.
