Test Sherpas

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Rop Wiang, Mueang Chiang Rai, Chiang Rai

7% GUARANTEED RETURN FOR 5 YEARS

Nov 2023 Completed

50 Floors

23 Units

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For Sale 1 Unit

£259,000

For Rent 1 Unit

£756

Overview of Test Sherpas in Rop Wiang, Chiang Rai

Test Sherpas is a condo and apartment project located in Rop Wiang, Chiang Rai and was completed in Nov 2023. It has 23 units across 50 floors

About Test Sherpas

Test Sherpas Description

Video of Test Sherpas

Project Overview

Available Units at Test Sherpas

For Sale 1 For Rent 1

All
2 Beds

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Facilities and Floor Plans

Management

Payment Plan

test plan

Installment Milestone Payment

Reservation Deposit

Immediately

£130,000

Deposit

Upon contract signing

£151,000

1st Installment

Dec 2023

£173,000

2nd Installment

6000% construction completion

£194,000

3rd Installment

Upon building foundation completion

15%

4th Installment

7 days after contract signing

20%

5th Installment

2 months after contract signing

30%

6th Installment

On handover

50%

Frequently Asked Questions

All kind of pets are allowed at Test Sherpas including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

The common area maintenance fee at Test Sherpas is £1 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 Test Sherpas the required payment for the sinking fund is £11 per square meter based on the size of the indoor area of the property.

Test Sherpas offers a guaranteed rental return of 7% (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.