Studio Condo for sale at Chiang Rai Condotel

This beautifully presented studio apartment is located on the 5th floor of Chiang Rai Condotel, offering 35 m² of fully furnished living space. Renovated and repainted in 2021, the unit is ready for immediate occupancy and perfect for both owner-residents and investors. Currently rented to a Thai tenant at 7,500 THB/month (Wi-Fi included, utilities separate), this property delivers a steady rental yield. The tenant is happy to continue under the new owner, or can vacate with 30 days’ notice if preferred. A rare foreign name title makes this unit especially valuable, as the building’s foreign quota is already full—an excellent opportunity for non-Thai buyers. Monthly service fees are just 700 THB. Located in a well-maintained building in central Chiang Rai, residents enjoy easy access to shops, restaurants, and local attractions. Key Features:  

• 35 m² studio on 5th floor
• Fully furnished and renovated in 2018
• Tenant paying 7,500 THB/month (yield potential)
• Foreign name title (quota full)
• Low service fee: 700 THB/month
• Price: 1,290,000 THB (buyer pays land office transfer fees)