Unit ID: U1678166
7% Rental Yield
San Phisuea, Mueang Chiang Mai,Chiang Mai
฿5,200,000
3 Bedrooms
3
Bathrooms
180 SqM
Indoor Area
2
Storeys
Dec 2016
Completed

About This House

This property is a 180 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Phisuea, Chiang Mai and was completed in Dec 2016. You can buy this house for a base price of ฿5,200,000 (฿28,889/SqM) and it is also available for long term rentals starting from ฿30,000 per month.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking BalconyBalcony

Basic Information

Date Listed Oct 10, 2023
Updated 3 months ago
Property Type House (Single Detached)
Storeys 2
Location San Phisuea, Chiang Mai
Bedrooms 3
Nearest Landmark Maejo University -4.4 Km
Indoor Area 180 SqM
Price per SqM ฿28,889
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 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.

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 Completed (Dec 2016)
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 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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1678166

Investment Opportunity: Charges & Yield

Sale Price
฿5,200,000
Rent
฿30,000/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.
14
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.
7%

Project Details

Project Name: Perfect Place Chiangmai
Developer: Property Perfect
Construction: Completed (Dec 2016)
Units: 206
Project Area: N/A
Nearest Landmark Maejo University - 4.4 Km
Location: San Phisuea, Chiang Mai
Perfect Place Chiangmai Project Details

Project Features

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

Available Units at Perfect Place Chiangmai

For Sale 3 For Rent 3
Get notified when new homes are being added to Perfect Place Chiangmai
View All (3)

Loan Calculator

Frequently Asked Questions

All kind of pets are allowed at Perfect Place Chiangmai including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Maejo University is the nearest University from Perfect Place Chiangmai and it is 4.4 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 Perfect Place Chiangmai 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

Reviews

4.7 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Modern interior design
Somsak Meenoi, Thailand, 4 years ago
It is my first home. The main reason why I decided to buy a 3-bedroom house here is because of modern interior design and well divided into proportions with high ceilings that make it easy to ventilate. The general atmosphere in the village is shady as there is a garden around the project area. The facilities are complete, such as a swimming pool, sauna, and gym. In addition, the project is located on the outer ring road. It makes commuting to the city to my office easy. Most importantly, there are shops, restaurants and Tesco Lotus nearby which make my life comfortable.
Nice village, perfect common areas
Lalita T., Thailand, 5 years ago
The village is fabulous and spacious. The neighbors are also and friendly. There is a clubhouse, a swimming pool, and a wide communal road. In addition, the security guard works very well to take care of us. I'm very impressed as this is the right project to buy. Good location - easy access to Chiang Mai airport within 30 minutes.
Chiang Mai
San Phisuea

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Perfect Place Chiangmai

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 Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
238
Sales Prices
฿6.2M - ฿13.8M
▼ -6% underpriced
Monthly Rentals
฿30K - ฿73K
Year Built
Dec 2017
Completion Status
Completed
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
68
Sales Prices
฿4.3M - ฿5.99M
▼ -44% underpriced
Monthly Rentals
N/A
Year Built
Mar 2011
Completion Status
Completed
Location
Nong Han, Mueang Chiang Mai, Chiang Mai
Number of units
95
Sales Prices
฿8.5M - ฿14.5M
▲ 27% overpriced
Monthly Rentals
N/A
Year Built
Jan 2005
Completion Status
Completed
Location
Nong Han, Mueang Chiang Mai, Chiang Mai
Number of units
87
Sales Prices
฿3.7M - ฿18.5M
▲ 4% overpriced
Monthly Rentals
฿35K
Year Built
Nov 2014
Completion Status
Completed
Project Name
Baan Nantana 2
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
208
Sales Prices
฿4.5M
Monthly Rentals
N/A
Year Built
Dec 2004
Completion Status
Completed
Project Name
The Flow
Location
San Phisuea, Mueang Chiang Mai, Chiang Mai
Number of units
120
Sales Prices
฿3.8M
Monthly Rentals
฿20K
Year Built
Dec 2017
Completion Status
Completed
Location
Nong Chom, Mueang Chiang Mai, Chiang Mai
Number of units
326
Sales Prices
฿3.59M - ฿5.2M
Monthly Rentals
฿20K - ฿32K
Year Built
Jul 2008
Completion Status
Completed
Location
Nong Chom, Mueang Chiang Mai, Chiang Mai
Number of units
101
Sales Prices
฿6.9M - ฿9.9M
▼ -33% underpriced
Monthly Rentals
฿26K
Year Built
Oct 2008
Completion Status
Completed
Location
Nong Chom, Mueang Chiang Mai, Chiang Mai
Number of units
150
Sales Prices
฿3.3M
Monthly Rentals
N/A
Year Built
Dec 2011
Completion Status
Completed
Location
Nong Han, Mueang Chiang Mai, Chiang Mai
Number of units
111
Sales Prices
฿3.2M
Monthly Rentals
N/A
Year Built
Dec 2013
Completion Status
Completed
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