Unit ID: U1938065
7% Rental Yield
Pa Daet, Mueang Chiang Mai,Chiang Mai
฿2,890,000
3 Bedrooms
2
Bathrooms
120 SqM
Indoor Area
1
Storeys
Completed

About This House

This property is a 120 SqM house with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Pa Daet, Chiang Mai. You can buy this house for a base price of ฿2,890,000 (฿24,083/SqM).

Your Dream Home in the heart of Chiang Mai.

This beautifully renovated detached house in Saeng Phet Village offers modern comfort and convenience. Key features:

  • Spacious and modern: Enjoy 3 bedrooms, 2 bathrooms, a kitchen, living room, and laundry room, all featuring new air conditioners and water heaters.
  • Excellent condition: The house has been recently renovated and is in impeccable condition.
  • Prime location: Located behind Big C Mae Hia in Mueang District, this property offers easy access to the airport and all the city has to offer.
  • Secure and peaceful: The village provides 24/7 security and a playground for your enjoyment.
  • Investment opportunity: This property is ideal for both living and investment. It’s located in a popular area with high demand for rentals, especially among foreign tenants.

Don’t miss out on this amazing opportunity. Contact us today for more information or to schedule a viewing.

Features

TerraceTerrace Covered ParkingCovered Parking

Basic Information

Date Listed Sep 26, 2024
Updated 2 months ago
Property Type House (Single Detached)
Storeys 1
Location Pa Daet, Chiang Mai
Bedrooms 3
Nearest Landmark Centralplaza Chiangmai Airport -2.2 Km
Indoor Area 120 SqM
Price per SqM ฿24,083
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 202.40 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 N/A
Construction Completed
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) City 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 U1938065

Investment Opportunity: Charges & Yield

Sale Price
฿2,890,000
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.
14
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 Saengpetch Village, and the current sales price.
7%

Project Details

Project Name: Saengpetch Village
Developer: N/A
Construction: Completed (Jul 2013)
Units: 228
Project Area: N/A
Nearest Landmark Centralplaza Chiangmai Airport - 2.2 Km
Location: Pa Daet, Chiang Mai
Saengpetch Village Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Available Units at Saengpetch Village

For Sale 1 For Rent 1
Get notified when new homes are being added to Saengpetch Village
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Frequently Asked Questions

All kind of pets are allowed at Saengpetch Village including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
Centralplaza Chiangmai Airport is the nearest Shopping Mall from Saengpetch Village and it is 2.2 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 Saengpetch 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
Pa Daet

Neighborhood Overview

Location and Neighborhood

Street View

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