The S by Somwang

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San Phak Wan, Hang Dong, Chiang Mai

Jan 2010 Completed

303 Units

1 Unit For Sale

฿4,500,000

Overview of The S by Somwang in San Phak Wan, Chiang Mai

The S by Somwang is a house and villa project located in San Phak Wan, Chiang Mai and was completed in Jan 2010. It has 303 units

Available Units at The S by Somwang

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3 Beds

Fully Furnished Garden View

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Sale Price : ฿5,759,000

FazWaz Estimate : ฿5,550,000

Price Rating : Great Price

Sale Price : ฿12,140,999

FazWaz Estimate : ฿11,990,999

Price Rating : Great Price

Sale Price : ฿1299,999

FazWaz Estimate : ฿179,999

Price Rating : Overpriced

Sale Price : ฿159,999

FazWaz Estimate : ฿149,999

Price Rating : Fair Price

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Facilities and Floor Plans

Facilities

Convenience

Car Parking

Safety

24H Security

CCTV (Video Surveillance)

Management

Frequently Asked Questions

Small dogs (weight under 15 kg), cats and small pets like rabbits, hamsters and guinea pigs are allowed at The S by Somwang.

Kad Farang Village is the nearest Shopping Mall from The S by Somwang and it is 2.2 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure.

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

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After you have found the right property at The S by Somwang you have to follow these steps:

- Agreement of terms and conditions
- Reservation Agreement
- Reservation Deposit
- Sales and Purchase Agreement
- Settlement & Transfer

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A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

- Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
- Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
- Is there a succession clause in the lease agreement that will allow inheritance of the lease?

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Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

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Chiang Mai

San Phak Wan

Neighborhood Overview

Buy
฿1.2M - ฿732M
For Sale on SamuiTimes
135 properties
Rent
฿7K - ฿120K
For Rent on SamuiTimes
53 properties
To Chiang Mai Premium Outlet
2.4 km / 5 minutes by driving
To Chiang Mai International Airport
7.7 km / 14 minutes by driving

Location and Neighborhood

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