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    2 Bedroom Townhouse for sale at Pimmada Home
    San Sai Noi, San Sai,Chiang Mai
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    Sale Price
    ฿3,590,000
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    2 Bedroom Townhouse for sale at Pimmada Home
    (1 Review)
    Unit ID: U160260
    5% Rental Yield
    San Sai Noi, San Sai,Chiang Mai
    ฿3,590,000
    2 Bedrooms
    3
    Bathrooms
    110 SqM
    Indoor Area
    2
    Storeys
    May 2018
    Completed
    21
    Sale Price
    ฿3,590,000

    About This Townhouse

    This property is a 110 SqM townhouse with 2 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Sai Noi, Chiang Mai and was completed in May 2018. You can buy this townhouse for a base price of ฿3,590,000 (฿32,636/SqM).

    Features

    TerraceTerrace BalconyBalcony

    Basic Information

    Date Listed Oct 9, 2019
    Updated 4 years ago
    Property Type Townhouse
    Storeys 2
    Location San Sai Noi, Chiang Mai
    Bedrooms 2
    Nearest Landmark Chiang Mai Bus Terminal 2 Arcade -4.3 Km
    Indoor Area 110 SqM
    Price per SqM ฿32,636
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    N/A
    Plot Size 140 SqM
    Pets Not Allowed
    Townhouse Ownership

    Foreign nationals can own the building (townhouse) in their own name, but not the land that it stands on.

    Thai Ownership
    Land Ownership

    Foreign nationals cannot own land in Thailand. The options in which a foreigner can control the land are via a 30-year lease or by purchasing the land through a Thai company.

    Thai Ownership
    Land Title Deed Chanote
    Construction Completed (May 2018)
    Furniture
    A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
    Fully Furnished
    View(s) Blocked View
    Unit Type N/A
    Parking Spots 1
    Pool Size N/A
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    N/A
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U160260

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿3,590,000
    Price-to-Rent Ratio
    The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
    22
    Rental Yield
    This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom townhouses at Pimmada Home, and the current sales price.
    5%

    Project Details

    Project Name: Pimmada Home
    Developer: N/A
    Construction: Completed (May 2018)
    Units: 30
    Project Area: N/A
    Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 4.3 Km
    Location: San Sai Noi, Chiang Mai
    Pimmada Home Project Details

    Project Features

    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking

    Available Units at Pimmada Home

    For Sale 3 For Rent 1
    • All
    • 2 Beds
    Get notified when new homes are being added to Pimmada Home
    View All (3)

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    Frequently Asked Questions

    Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from Pimmada Home and it is 4.3 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.

     

    Read more here

    After you have found the right property at Pimmada Home you have to follow these steps:

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


    Read more here

    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?

    Read more here

    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.

     

    Read more here

    Reviews

    4 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    New townhome, convenient location
    Kwan Jai, Thailand, 3 years ago
    The project was built in a modern design, and the price is reasonable. The use of wood and steel is emphasized. It's a small-scale project hidden in San Sai Subdistrict. The location is excellent and easy to travel to. There are several marts and tasty bistros nearby. HomePro San Sai Chiang Mai, San Sai Luang Municipal Offices, and San Sai Kindergarten are all around 5 kilometers away. I'd recommend it to those looking for a townhouse at an affordable price.
    Chiang Mai
    San Sai Noi

    Neighborhood Overview

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