Unit ID: U1397860
8% Rental Yield
Ton Pao, San Kamphaeng,Chiang Mai
฿2,950,000
3 Bedrooms
2
Bathrooms
170 SqM
Indoor Area
Off Plan

About This House

This property is a 170 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Ton Pao, Chiang Mai. You can buy this house for a base price of ฿2,950,000 (฿17,353/SqM).

Basic Information

Date Listed Apr 21, 2023
Updated N/A
Property Type House
Storeys N/A
Location Ton Pao, Chiang Mai
Bedrooms 3
Indoor Area 170 SqM
Price per SqM ฿17,353
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 N/A
Pets N/A
House Ownership

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

N/A
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.

N/A
Land Title Deed N/A
Construction Off Plan
Furniture
N/A
View(s) N/A
Unit Type N/A
Parking Spots N/A
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 U1397860

Investment Opportunity: Charges & Yield

Sale Price
฿2,950,000
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.
12
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 Boonfah Grand Home 2, and the current sales price.
8%

Project Details

Project Name: Boonfah Grand Home 2
Developer: N/A
Construction: Off Plan
Units: 145
Project Area: N/A
Location: Ton Pao, Chiang Mai
Boonfah Grand Home 2 Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Walking / Running Track Walking / Running Track
Kids Club Kids Club

Available Units at Boonfah Grand Home 2

For Sale 4 For Rent 3
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Frequently Asked Questions

Chiang Mai International Airport is the nearest Airport from Boonfah Grand Home 2 and it is 0 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

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

After you have found the right property at Boonfah Grand Home 2 you have to follow these steps:

 

  • - Unit selection and agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - 1st Contract Payment
  • - Payment Installments
  • - Snag List
  • - Transfer

Read more here

 

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Chiang Mai
Ton Pao

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Boonfah Grand Home 2

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
121
Sales Prices
฿3.7M - ฿4.75M
Monthly Rentals
฿35K
Year Built
Feb 2022
Completion Status
Completed
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
1028
Sales Prices
฿1.2M
▼ -43% underpriced
Monthly Rentals
N/A
Year Built
Jan 2002
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
363
Sales Prices
฿3.34M - ฿12.6M
Monthly Rentals
N/A
Year Built
Jul 2023
Completion Status
Completed
Project Name
The Prego green
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
300
Sales Prices
฿3.19M - ฿21M
▲ 2% overpriced
Monthly Rentals
฿25K - ฿35K
Year Built
Jun 2021
Completion Status
Completed
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
N/A
Sales Prices
฿4.2M
Monthly Rentals
฿16K - ฿25K
Year Built
Jul 2023
Completion Status
Completed
Project Name
Sivalai Village 3
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
300
Sales Prices
฿2.65M - ฿5.7M
▼ -18% underpriced
Monthly Rentals
฿10K - ฿25K
Year Built
Jun 2009
Completion Status
Completed
Project Name
Karnkanok 1
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
156
Sales Prices
฿3.69M
Monthly Rentals
฿33K
Year Built
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Completion Status
Completed
Project Name
Serene Park
Location
Ton Pao, San Kamphaeng, Chiang Mai
Number of units
205
Sales Prices
฿2.1M - ฿4.29M
Monthly Rentals
฿11K - ฿15K
Year Built
Feb 2022
Completion Status
Completed
Project Name
Inizio Chiangmai
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
336
Sales Prices
฿8.5M
▲ 16% overpriced
Monthly Rentals
฿30K - ฿45K
Year Built
Feb 2015
Completion Status
Completed
Location
San Kamphaeng, San Kamphaeng, Chiang Mai
Number of units
265
Sales Prices
฿6.7M - ฿12.9M
Monthly Rentals
฿20K - ฿45K
Year Built
Dec 2015
Completion Status
Completed
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