Boat Condo Chiang Mai

Boat Condo Chiang Mai is located at 71 Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai 50000, in a convenient zone near the Chiang Mai-Lampang Super Highway. The location offers easy access to Kaew Nawarat Road, Chiang Mai-Doi Saket Road, and key commercial areas of the city, making it suitable for both owner-occupiers and rental investors.

The project is a Low Rise condominium with 1 building, 8 floors, around 79 residential units, and approximately 30 parking spaces. It was developed by Boat Pattana Co., Ltd. and completed in 2014. Unit types mainly include 1-bedroom and 2-bedroom layouts, with sizes starting at about 34 - 67 sq.m., matching the needs of working professionals, students, and long-stay tenants.

Facilities include a swimming pool, fitness room, passenger elevator, lobby, and parking area. The security system features key card access, CCTV, and 24-hour security personnel. Overall, this is a relatively private condominium with a manageable scale, which often appeals to buyers looking for practical living and moderate common area expenses.

The project management is handled under the condominium juristic person structure, responsible for common area maintenance and building management. Nearby landmarks include Central Chiangmai, Theppanya Hospital, Bangkok Hospital Chiang Mai, and Chiang Mai Business Park, supporting stable rental demand. In the same area, a nearby comparable project is Supalai Monte 2 Chiangmai.

Boat Condo Chiang Mai (Nong Pa Khrang, Mueang Chiang Mai) shows a steady, low-volatility market in 2026, supported mainly by long-stay tenants working around the inner-city fringe and the commercial corridor near the Nong Pratheep junction. Compared with nearby projects such as Supalai Monte 2 and D Condo Sign, Boat typically competes on “affordable ticket size per unit” rather than pushing premium pricing.

• Resale price per unit (1-bed 28-32 sq.m.): ~THB 1.55-1.95M
• Average selling price: ~THB 55,000-62,000 per sq.m.
• Average rent: ~THB 8,500-10,500 per month (1-bed)

Rental Yield (2026) quick calculation: annual rent divided by purchase price. Example: THB 9,500 per month = THB 114,000 per year. If purchased at THB 1.75M, Yield = 114,000 ÷ 1,750,000 = 6.51% per year (before common fees, taxes, and vacancy). A realistic range is typically ~5.5-6.8% depending on room condition and tenant turnover.

Capital Gain Under a conservative appreciation assumption of 2-4% per year, a move from ~THB 1.65M in 2024-2025 to ~THB 1.75M in 2026 implies roughly ~6% gain over two years. Key risks are new-supply competition and rental price pressure, which could slow resale growth if leasing inventory rises.