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    3 Bedroom House for sale at Baan Karnkanok 20
    San Sai Noi, San Sai,Chiang Mai
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    Sale Price
    ฿5,500,000
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    3 Bedroom House for sale at Baan Karnkanok 20
     (Write Review)
    Unit ID: U1734084
    6% Rental Yield
    San Sai Noi, San Sai,Chiang Mai
    ฿5,500,000
    3 Bedrooms
    3
    Bathrooms
    169 SqM
    Indoor Area
    2
    Storeys
    Apr 2019
    Completed
    12
    Sale Price
    ฿5,500,000

    About This House

    This property is a 169 SqM house with 3 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 Apr 2019. You can buy this house for a base price of ฿5,500,000 (฿32,544/SqM).

    Features

    Media Room/CinemaMedia Room/Cinema Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony Full Western KitchenFull Western Kitchen

    Basic Information

    Date Listed Feb 12, 2024
    Updated 10 months ago
    Property Type House
    Storeys 2
    Location San Sai Noi, Chiang Mai
    Bedrooms 3
    Nearest Landmark Chiang Mai Bus Terminal 2 Arcade -2.4 Km
    Indoor Area 169 SqM
    Price per SqM ฿32,544
    Outdoor Area
    This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
    180 SqM
    Plot Size 216 SqM
    Pets All Kind of Pets Allowed
    House Ownership

    Foreign nationals can own the building (house) 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 (Apr 2019)
    Furniture
    Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
    Partly Furnished
    View(s) River or Canal View
    Unit Type N/A
    Parking Spots 2
    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.
    ฿550/mo
    Listed By
    Developer
    Electricity Price N/A
    Water Price N/A
    Unit ID U1734084

    Investment Opportunity: Charges & Yield

    Sale Price
    ฿5,500,000
    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.
    ฿550/mo
    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.
    17
    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 3 bedroom houses at Baan Karnkanok 20, and the current sales price.
    6%

    Project Details

    Project Name: Baan Karnkanok 20
    Developer: Karnkanok Property Co., Ltd.
    Construction: Completed (Dec 2017)
    Units: 215
    Project Area: 88,130 SqM
    Nearest Landmark Chiang Mai Bus Terminal 2 Arcade - 2.4 Km
    Location: San Sai Noi, Chiang Mai
    Baan Karnkanok 20 Project Details

    Project Features

    Hotel Managed Hotel Managed
    Communal Pool Communal Pool
    Communal Gym Communal Gym
    Clubhouse Clubhouse
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Indoor Kids Zone Indoor Kids Zone
    Car Parking Car Parking
    Sauna Sauna
    Outdoor Kids Zone Outdoor Kids Zone
    Communal Garden Area Communal Garden Area

    Available Units at Baan Karnkanok 20

    For Sale 6 For Rent 5
    • All
    • 3 Beds
    • 4 Beds
    Get notified when new homes are being added to Baan Karnkanok 20
    View All (6)

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    Frequently Asked Questions

    Dogs, cats and small pets like rabbits, hamsters and guinea pigs are allowed at Baan Karnkanok 20.
    Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from Baan Karnkanok 20 and it is 2.4 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 Baan Karnkanok 20 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

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    Chiang Mai
    San Sai Noi

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