For sale 3 bed apartment in Mae Rim, Chiang Mai

Exclusive Living Residential Condominium with Plunge Pool for SALE
in Four Seasons Resort Chiang Mai

Completion: Completed in 1994, fully Furnished
Land Title: Freehold for a Thai buyer /
Entity or 90 years lease (30+30+30) for a non-Thai buyer
Type: Lanna Thai style, Garden Terrace with Plunge Pool
Size: 532 sq.m

Sharing the same site as Four Seasons Resort Chiang Mai and the five luxurious villas, Residences also feature residential condominiums ranging in size from approximately 350 square meters to 550 square meters. Condominiums are available in one-, two- and three- bedroom living arrangements in three different styles: Garden Terrace, Mountain View and Penthouse. The Garden Terrace units feature private plunge pools, while Penthouses occupy the top two floors of each villa.

Designed by world-renowned Thai architect Lek Bunnag, each condominium unit occupies an entire floor, boasting elegant indoor living space rich with Lanna details and décor. Private outdoor salas in each Garden Terrace offer the chance to take in scenic views and cool mountain breezes. Hardwood floors are featured throughout, with accents of ornate latticework reflecting the timeless craftsmanship of Northern Thailand. Garden Terrace units are also equipped with outdoor plunge pools.

Rental Agreement:
Owners have the option of putting the Residences into the Four Seasons rental program. The rental program is typically a one-year contract with an option for renew. The rental program will be managed by Four Seasons Resort Chiang Mai. Revenues received by the resort management are allocated to the owner (60%) and the resort operator (40%) after expenses associated with marketing, maintenance and other expenses such as laundry and daily room amenities have been deducted. FYI, the rack rate for 4 bedrooms villa will be varied between THB 90,000-120,000/night based on room occupancy and seasonal.

Residence Management:
The Residences and common area facilities will be managed by dedicated residence management under the supervision of the Four Seasons resort management team, to ensure the quality of service and standards matches that of the hotel. This will include general administration and management, resort transportation, landscaping maintenance, routine and preventive maintenance, general repairs, pest control, pool cleaning and 24-hour security.

Maintenance Costs:
Owners are responsible for maintenance and services fee for the ongoing upkeep of common infrastructure and facilities provided. Owners are also liable for specific charges such as electricity, water and sundries (food and beverage, and other supplies during their stay) for their individual residence. Sinking fund contribution is required from owners for major infrastructure repairs and/or improvements.

Amenities:
Residents will enjoy unrestricted access to the extensive amenities including a fully equipped fitness center, tennis courts, library and reading room, a world class spa and some of the best dining options in Thailand. Owners will also enjoy a world of five-star services, including bell attendant service, 24-hour telephone operator, cable television, wireless WIFI, 24-hour security, private parking, and housekeeping.

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