3-bed duplex shell condo · 300 sqm · ฿7,000,000 · Freehold (Thai) / 30-yr leasehold (foreign) · Chang Phueak, Chiang Mai
Four open-plan rooms span the 300 sqm duplex across the 4th and 5th floors of a five-storey building completed in 2009. The unit is delivered as a shell — no kitchen installed, though plumbing is capped and ready — with balconies off every main room facing the mountains. It has not been occupied since the current owners purchase.
The development, Baan Suan Greenery Hill, sits in Chang Phueak, Mueang Chiang Mai, 3 min from Rajabhat University and 12 min from the Old City moat at Chang Phuak Gate. Foreign ownership here is via 30-year leasehold, not freehold; finished units elsewhere in the building are yielding a building average of around 6% gross, against an owner-estimated 3.5-5% for this unit once fitted out.
- Price: ฿7,000,000 (approx. 23,300 THB/sqm)
- Size: 300 sqm duplex · 4th-5th floor · built 2009
- Title: Freehold (Thai buyer) · 30-yr leasehold (foreign buyer)
- Amenities: shared pool · gym · 24-hr security · CCTV
- Condition: unfitted shell — no kitchen, plumbing capped and ready
- Rental yield: 3.5-5% gross post-fit-out (owner-estimated) · building avg ~6%
- Distance: 3 min Rajabhat University · 12 min Old City moat (Chang Phuak Gate)