Unit ID: U984132
6% Rental Yield
San Kamphaeng, San Kamphaeng,Chiang Mai
฿5,000,000 Great Price
3 Bedrooms
2.5
Bathrooms
165 SqM
Indoor Area
2
Storeys
May 2016
Completed

About This House

This property is a 165 SqM house with 3 bedrooms and 2.5 bathrooms that is available for sale. It is part of the project in San Kamphaeng, Chiang Mai and was completed in May 2016. You can buy this house for a base price of ฿5,000,000 (฿30,303/SqM).

Lovely family home with 3 bedroom bath in a quiet, friendly, and safe neighbood only 800 meters from San Kamphaeng O-Top and Saturday Walking Street Market. Conveniently located 5 minutes to 5 major bank branches, post office, Big-C Extra, Tesco Lotus, Fresh Markets, plus schools and temples. 10 minutes to Bor Sang. 15 minutes to Mae On Hotsprings. 5 minutes to the future International Airport. 15 minutes from the current Chiang Mai Airport. 10 minutes to Promenada Mall.

Features

Private GardenPrivate Garden TerraceTerrace Covered ParkingCovered Parking Corner UnitCorner Unit BalconyBalcony

Basic Information

Date Listed Jun 18, 2021
Updated 3 years ago
Property Type House (Single Detached)
Storeys 2
Location San Kamphaeng, Chiang Mai
Bedrooms 3
Nearest Landmark San Kamphaeng Hospital -2.6 Km
Indoor Area 165 SqM
Price per SqM ฿30,303
Outdoor Area
This is the combined size of the terrace, pool, parking area, and sala. It does not include the size of the garden.
35 SqM
Plot Size 516 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 Chanote
Construction Completed (May 2016)
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) River or Canal View, Garden View, Unblocked Open View
Unit Type N/A
Parking Spots 1
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 U984132

Investment Opportunity: Charges & Yield

Sale Price
฿5,000,000
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.
17
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 Sankamphaeng Park Ville, and the current sales price.
6%

Project Details

Project Name: Sankamphaeng Park Ville
Developer: N/A
Construction: Completed (May 2016)
Units: 150
Project Area: N/A
Nearest Landmark San Kamphaeng Hospital - 2.6 Km
Location: San Kamphaeng, Chiang Mai
Sankamphaeng Park Ville Project Details

Project Features

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

Available Units at Sankamphaeng Park Ville

For Sale 1 For Rent 1
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Frequently Asked Questions

All kind of pets are allowed at Sankamphaeng Park Ville including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
San Kamphaeng Hospital is the nearest Hospital from Sankamphaeng Park Ville and it is 2.6 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 Sankamphaeng Park Ville 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
San Kamphaeng

Neighborhood Overview

Location and Neighborhood

Street View

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