Unit ID: U85075
7% Rental Yield
Talat Khwan, Doi Saket,Chiang Mai
฿4,690,000
3 Bedrooms
2
Bathrooms
90 SqM
Indoor Area
2
Storeys
Oct 2005
Completed

About This House

This property is a 90 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Talat Khwan, Chiang Mai and was completed in Oct 2005. You can buy this house for a base price of ฿4,690,000 (฿52,111/SqM).

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Sep 12, 2018
Updated 4 years ago
Property Type House
Storeys 2
Location Talat Khwan, Chiang Mai
Bedrooms 3
Nearest Landmark Tweechol Botanic Garden -0.2 Km
Indoor Area 90 SqM
Price per SqM ฿52,111
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 744 SqM
Pets Not 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 N/A
Construction Completed (Oct 2005)
Furniture
Unfurnished
View(s) Garden View
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 U85075

Investment Opportunity: Charges & Yield

Sale Price
฿4,690,000
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.
15
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 Inthara Chitchai Village, and the current sales price.
7%

Project Details

Project Name: Inthara Chitchai Village
Developer: N/A
Construction: Completed (Oct 2005)
Units: 416
Project Area: 197,000 SqM
Nearest Landmark Tweechol Botanic Garden - 0.2 Km
Location: Talat Khwan, Chiang Mai
Inthara Chitchai Village Project Details

Project Features

24H Security 24H Security
Car Parking Car Parking

Available Units at Inthara Chitchai Village

For Sale 3 For Rent 2
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Frequently Asked Questions

All kind of pets are allowed at Inthara Chitchai Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Tweechol Botanic Garden is the nearest Tourist Attraction from Inthara Chitchai Village and it is 0.2 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.

 

Read more here

After you have found the right property at Inthara Chitchai Village 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
Talat Khwan

Neighborhood Overview

Location and Neighborhood

Street View

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