Unit ID: U1770418
8% Rental Yield
Tenant-Occupied until Jul 1, 2025
Mae Raem, Mae Rim,Chiang Mai
฿4,300,000
3 Bedrooms
3
Bathrooms
160 SqM
Indoor Area
2
Storeys
Jan 2023
Completed

About This House

This property is a 160 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in Mae Raem, Chiang Mai and was completed in Jan 2023. You can buy this house for a base price of ฿4,300,000 (฿26,875/SqM) and it is also available for long term rentals starting from ฿28,000 per month.

Brand New 3 Bedrooms House for Sale in Huai Sai Mae Rim

Features

TerraceTerrace Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Mar 27, 2024
Updated 4 months ago
Property Type House (Single Detached)
Storeys 2
Location Mae Raem, Chiang Mai
Bedrooms 3
Nearest Landmark Tiger Kingdom -2 Km
Indoor Area 160 SqM
Price per SqM ฿26,875
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 336 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 N/A
Construction Completed (Jan 2023)
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) 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 U1770418

Investment Opportunity: Charges & Yield

Sale Price
฿4,300,000
Rent
฿28,000/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.
13
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
8%

Project Details

Project Name: Pakdee Village
Developer: N/A
Construction: Completed (Jan 2023)
Units: 1
Project Area: N/A
Nearest Landmark Tiger Kingdom - 2 Km
Location: Mae Raem, Chiang Mai
Pakdee Village Project Details

Project Features

Car Parking Car Parking

Available Units at Pakdee Village

For Sale 1 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Pakdee Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Tiger Kingdom is the nearest Tourist Attraction from Pakdee Village and it is 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 Pakdee 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
Mae Raem

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Pakdee Village

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Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
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Year Built
Completion Status
Location
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Completion Status
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Sales Prices
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Monthly Rentals
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Completion Status
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Project Name
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Location
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Number of units
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Sales Prices
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▼ -50% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Rim Tai, Mae Rim, Chiang Mai
Number of units
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Sales Prices
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Monthly Rentals
฿60K
Year Built
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Completion Status
Completed
Project Name
Pavana Chiang Mai
Location
Huai Sai, Mae Rim, Chiang Mai
Number of units
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Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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