Unit ID: U1962003
6% Rental Yield
Ban Mae, San Pa Tong,Chiang Mai
฿2,990,000
3 Bedrooms
2
Bathrooms
138 SqM
Indoor Area
1
Storeys
Off Plan

About This House

This property is a 138 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Ban Mae, Chiang Mai. You can buy this house for a base price of ฿2,990,000 (฿21,667/SqM).

For Sale! New, Unoccupied Corner House  Spacious new corner home, fully furnished and ready to move in, featuring:

  • 3 Bedrooms, 2 Bathrooms
  • 1 Kitchen
  • 1 Living Room
  • Parking for 1-2 cars
  • Large garden areas in the front and side

Property Details:

  • Living Area: 138 sqm
  • Land Area: 92.7 sqw

Inclusions:

  • Water tank & pump
  • Built-in 2-burner gas stove
  • TV stand & 55-inch TV
  • Coffee table
  • Washer/dryer combo
  • Dining table
  • Built-in wardrobe and bed in one bedroom
  • Vanity table with large mirror
  • Remote-controlled gate
  • Lawn surrounding the house
  • Back staircase railing
  • 12,000 BTU Air Conditioner (1 unit)
  • Water heaters (2 units)

Location: Tha Duea, Ban Mae, San Pa Tong – only 20 km from the city/airport with easy access routes.

Features

Private GardenPrivate Garden Garden AccessGarden Access Covered ParkingCovered Parking Washing MachineWashing Machine TVTV

Basic Information

Date Listed Nov 5, 2024
Updated 1 week ago
Property Type House (Semi Detached)
Storeys 1
Location Ban Mae, Chiang Mai
Bedrooms 3
Nearest Landmark Debsirin Chiang Mai School -3 Km
Indoor Area 138 SqM
Price per SqM ฿21,667
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 370 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, Leasehold
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, Leasehold
Land Title Deed Chanote
Construction Off Plan
Furniture
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
Partly Furnished
View(s) Mountain View, Park View, Garden View, Unblocked Open 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 U1962003

Investment Opportunity: Charges & Yield

Sale Price
฿2,990,000
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.
18
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 Praphan Green View, and the current sales price.
6%

Project Details

Project Name: Praphan Green View
Developer: N/A
Construction: Off Plan
Units: 2
Project Area: N/A
Nearest Landmark Debsirin Chiang Mai School - 3 Km
Location: Ban Mae, Chiang Mai
Praphan Green View Project Details

Project Features

Car Parking Car Parking

Available Units at Praphan Green View

For Sale 1 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Praphan Green View including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Debsirin Chiang Mai School is the nearest School from Praphan Green View and it is 3 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 Praphan Green View 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
Ban Mae

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