Unit ID: U1770500
6% Rental Yield
San Na Meng, San Sai,Chiang Mai
฿5,200,000
3 Bedrooms
3
Bathrooms
230 SqM
Indoor Area
2
Storeys
Completed

About This House

This property is a 230 SqM house with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the project in San Na Meng, Chiang Mai. You can buy this house for a base price of ฿5,200,000 (฿22,609/SqM) and it is also available for long term rentals starting from ฿25,000 per month.

Features

Rooftop TerraceRooftop Terrace Private GardenPrivate Garden TerraceTerrace BalconyBalcony BathtubBathtub

Basic Information

Date Listed Mar 24, 2024
Updated 8 months ago
Property Type House (Single Detached)
Storeys 2
Location San Na Meng, Chiang Mai
Bedrooms 3
Nearest Landmark HomePro San Sai Chiang Mai -2.3 Km
Indoor Area 230 SqM
Price per SqM ฿22,609
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 436 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.

N/A
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) 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
Each listing provided by partnered agents is individually verified by SamuiTimes. Partner Agents work for different brokerages or property management companies but have teamed up with SamuiTimes so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1770500

Investment Opportunity: Charges & Yield

Sale Price
฿5,200,000
Rent
฿25,000/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.
17
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.
6%

Project Details

Project Name: Siriporn Garden Home
Developer: N/A
Construction: Completed (Jul 2014)
Units: 345
Project Area: N/A
Nearest Landmark HomePro San Sai Chiang Mai - 2.3 Km
Location: San Na Meng, Chiang Mai
Siriporn Garden Home Project Details

Available Units at Siriporn Garden Home

For Sale 2 For Rent 3
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Frequently Asked Questions

All kind of pets are allowed at Siriporn Garden Home including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.
HomePro San Sai Chiang Mai is the nearest Shopping Mall from Siriporn Garden Home and it is 2.3 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

After you have found the right property at Siriporn Garden Home 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 Na Meng

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Siriporn Garden Home

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Project Name
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Number of units
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The Grand Village
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San Na Meng, San Sai, Chiang Mai
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฿3.91M - ฿7.71M
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Completed
Location
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Number of units
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฿3.5M - ฿3.6M
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Year Built
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Completion Status
Completed
Location
San Na Meng, San Sai, Chiang Mai
Number of units
245
Sales Prices
฿3.71M
▼ -44% underpriced
Monthly Rentals
฿18K
Year Built
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Completion Status
Completed
Location
San Na Meng, San Sai, Chiang Mai
Number of units
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Sales Prices
฿9.62M - ฿17.2M
Monthly Rentals
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Year Built
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Completion Status
Completed
Location
San Na Meng, San Sai, Chiang Mai
Number of units
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Sales Prices
฿3.31M - ฿3.71M
Monthly Rentals
฿13K - ฿99.2K
Year Built
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Completion Status
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Project Name
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Location
San Na Meng, San Sai, Chiang Mai
Number of units
202
Sales Prices
฿3.01M - ฿15M
Monthly Rentals
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Year Built
Jan 2011
Completion Status
Completed
Location
San Na Meng, San Sai, Chiang Mai
Number of units
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Sales Prices
฿819K
Monthly Rentals
N/A
Year Built
Dec 2019
Completion Status
Completed
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