A Furnished One-Bedroom in Nimman You Can Own Outright
On Nimman Soi 15, cafes and restaurants sit within about 80 metres of the building and Maya Mall is 650 metres away, so most days can start on foot.
Pale oak herringbone runs underfoot, and a cream sofa faces a sculpted timber feature wall, softened by sheer curtains. It is a calm, finished room to come home to, with Nimman’s coffee shops a short walk away.
This furnished 71 sqm one-bedroom condo in Nimman, Chiang Mai, is foreign quota freehold at 6.59 million baht, about 92,300 baht per built sqm, mid-range for Nimman’s 70,000 to 115,000 band (Rumavi, January 2026). Maya Mall is 650 metres away, about eight minutes on foot.
Can a foreigner buy a one-bedroom condo in Nimman, Chiang Mai?
Yes, provided the unit sits inside the building’s foreign quota, and the owner states that this one does. Foreign owners may hold up to 49 percent of a condominium’s total floor area, so we ask for the juristic office’s written quota statement before any deposit is paid.
The 49 percent limit is applied by the Thai Land Department at transfer. Our guide to foreign property ownership in Chiang Mai explains how the quota works and what a foreign buyer needs to bring to the transfer.
How much is a one-bedroom condo on Nimman Soi 15 per square metre?
This 71.36 sqm unit asks 6,590,000 baht, about 92,300 baht per built square metre, which sits in the middle of Nimman’s 70,000 to 115,000 baht band (Rumavi, January 2026). We have observed smaller one-bedrooms of about 47 sqm advertised in the same building at about 71,000 baht per square metre, so the extra floor area is a large part of what this price buys.
Compare it with other condos for sale in Chiang Mai, or browse the areas we cover.
The photos on this page show the unit as furnished at our viewing. Styling may change before handover, and we confirm every detail with you on a viewing.
Goen notes: “Nimman asking prices in 2026 run from about 70,000 to 115,000 baht per square metre, and a 71 square metre one-bedroom at about 92,000 sits in the middle of that range. I would rather you read the juristic office’s quota letter and see the finished room than rely on any number from me.”
Before any deposit, ask the juristic office for three things in writing: the sinking fund balance, any arrears on the unit, and any planned works or special levy for this 2009 building. A 17-year-old low-rise can carry costs that never appear in the asking price, and a written answer protects you before you commit.
| Category | Detail |
|---|---|
| Listing Price | 6,590,000 THB, about 92,349 THB per built sqm (71.36 sqm). Mid-range for Nimman at 70,000 to 115,000 THB per sqm, and about 2% below the project’s average asking price of about 94,000 THB per sqm.Rumavi, January 2026 (late-2025 data); PropertyHub project page, October 2026 |
| Investment Alpha | Gross yield about 3.6% to 5.5% on monthly lets (estimate), about 3.2% to 5.0% after common fees. This sits at or below the low end of Rumavi’s 5% to 7% Nimman range because of the price per sqm. Built on 20,000 to 30,000 THB per month, between advertised rents of 15,000 THB (40 sqm one-bedroom) and 38,000 THB (80 sqm two-bedroom) in the building.Market estimate, October 2026, from advertised rents, not achieved rents: PropertyScout, FazWaz |
| Contextual Logistics | Maya Lifestyle Shopping Center, 0.65 km, about 8 min on foot. Chiang Mai University, 0.85 km, about 5 min by car. Maharaj Nakorn Chiang Mai Hospital, 1.1 km, about 8 min by car.Distances: PropertyHub, October 2026. Drive times: owner’s advert |
| Ownership Status | Freehold, foreign quota (owner-stated), with written juristic confirmation before any deposit. The owner advertises a free transfer fee; we confirm its exact scope in writing. The statutory rate for a foreign buyer is 2% of the appraised value. The reduced 0.01% applies only to Thai individuals when both price and appraisal are at or below 7,000,000 THB (measure runs to 30 June 2027). Specific business tax or stamp duty and withholding tax depend on the owner’s holding period.Thai Land Department; transfer-fee measure verified September 2026 |
| Running Costs | Common area fee 35 THB per sqm, about 2,498 THB per month (about 29,971 THB per year). Water 25 THB per unit; electricity at the utility rate.Owner-stated, to be confirmed by the juristic office |
Is Nimman Soi 15 noisy at night?
We have not yet stood in this unit after dark, so we cannot promise quiet, and we ask every buyer to visit in the evening. The owner names Warm Up, a well-known Nimman nightlife venue, as one minute away, so night-time sound is worth checking in person.
Is this condo a good investment?
We have observed advertised monthly rents in the building from about 15,000 baht for a 40 sqm one-bedroom to 38,000 baht for an 80 sqm two-bedroom, which points to a gross yield of roughly 3.6 to 5.5 percent for a unit this size. That is an estimate from advertised rents rather than achieved rents, so we verify real figures with you before anyone relies on it.
What is within walking distance of Nimman Soi 15?
Cafes and restaurants sit within about 80 metres of the building, and Maya Mall is 650 metres away, around eight minutes on foot. Chiang Mai University is about 850 metres away, a five-minute drive.
What does the free transfer fee cover?
The owner advertises a free transfer fee, and we ask for its exact scope in writing before any deposit. The transfer fee, specific business tax or stamp duty, and withholding tax are separate items, and a foreign buyer’s statutory rate is 2 percent of the appraised value.
Ready to see it in person?
A foreign-quota one-bedroom of 71 sqm on Nimman Soi 15, owned outright and a short walk from Maya and Chiang Mai University. It suits a long-stay expat or a professional who wants Nimman on the doorstep and a calm place to come home to.
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.
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