Unit ID: U1390634
Tha Sala, Mueang Chiang Mai,Chiang Mai
฿11,400,000 ฿11,587,500
3 Bedrooms
3
Bathrooms
285 SqM
Indoor Area
2
Storeys
Dec 2017
Completed

About This House

This property is a 285 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Tha Sala, Chiang Mai and was completed in Dec 2017. You can buy this house for a base price of ฿11,400,000 (฿40,000/SqM).

Features

Wet BarWet Bar Private GardenPrivate Garden Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Mar 31, 2023
Updated 1 year ago
Property Type House
Storeys 2
Location Tha Sala, Chiang Mai
Bedrooms 3
Nearest Landmark Chiang Mai 700 Years Park -1.9 Km
Indoor Area 285 SqM
Price per SqM ฿40,000
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 73.80 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, Company
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, Company
Land Title Deed N/A
Construction Completed (Dec 2017)
Furniture
Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
Built In
View(s) Garden View
Unit Type GEM
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.
฿855/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U1390634

Investment Opportunity: Charges & Yield

Sale Price
฿11,400,000
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.
฿855/mo

Project Details

Project Name: Granada Chiang Mai
Developer: The Tropical Home
Construction: Completed (Dec 2017)
Units: 205
Project Area: 8,000 SqM
Nearest Landmark Chiang Mai 700 Years Park - 1.9 Km
Location: Tha Sala, Chiang Mai
Granada Chiang Mai Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Granada Chiang Mai

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Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿50,000
2nd Installment
Down Payment
10%
3rd Installment
On handover
90%

Frequently Asked Questions

All kind of pets are allowed at Granada Chiang Mai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
The common area maintenance fee is ฿3 per square meter based on the size of indoor area of the property and is ฿855 for this house. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Chiang Mai 700 Years Park is the nearest Park from Granada Chiang Mai and it is 1.9 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 Granada Chiang Mai you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer
Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿50,000
2nd Installment
Down Payment
10%
3rd Installment
On handover
90%


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
Tha Sala

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