The New Concept Office Plus

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Nong Khwai, Hang Dong, Chiang Mai
8% GUARANTEED RETURN FOR 5 YEARS
Nov 2017 Completed
6 Floors
100 Units

Overview of The New Concept Office Plus in Nong Khwai, Chiang Mai

The New Concept Office Plus is a condo and apartment project located in Nong Khwai, Chiang Mai and was completed in Nov 2017. It has 100 units across 6 floors

About The New Concept Office Plus

The New Concept Office Plus is a condo development located in Nong Kwai, Chiang Mai, Thailand. It is 11.9km from the city center with 100 condo units across 6 floors scheduled for completion in December of 2017. It is hotel-managed and features 24-hour security, CCTV, car parking.

Available Units at The New Concept Office Plus

For Sale 2 For Rent 2
Get notified when new homes are being added to The New Concept Office Plus
View All (2)
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Facilities and Floor Plans

Facilities

Convenience
Hotel Managed
Car Parking
Safety
24H Security
CCTV (Video Surveillance)

Management

Common Area Management Fee :
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿45/SqM
Sinking Fund :
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The New Concept Office Plus the required payment for the sinking fund is ฿300 per square meter based on the size of the indoor area of the property.
฿300/SqM
Pets : Not Allowed

Frequently Asked Questions

Frequently asked questions about The New Concept Office Plus
No pets are allowed at The New Concept Office Plus unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee at The New Concept Office Plus is ฿45 per square meter based on the size of the indoor area of the property. This fee has to be paid every month by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The New Concept Office Plus the required payment for the sinking fund is ฿300 per square meter based on the size of the indoor area of the property.
The New Concept Office Plus offers a guaranteed rental return of 8% (based on the purchase price of the property) for a duration of 5 Years.
Read more here.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at The New Concept Office Plus you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

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Chiang Mai
Nong Khwai
Neighborhood Overview of Nong Khwai, Chiang Mai

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Location and Neighborhood

Street View

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